Fossil Energy
Aker Solutions hired to modify Åsgard B for production boost
Aker Solutions has won a substantial contract from Equinor for modifications on the Åsgard B gas and condensate platform to enable increased production.
Offshore project commitments poised for new record, Rystad says
Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says.
Relationship with Hurricane ‘deteriorated dramatically’, investor says
Activist investor Crystal Amber, which holds more than 11 per cent of Hurricane Energy, stated it would take “appropriate action” to maximise Hurricane’s potential.
Energy companies invest £1.6M in wave-powered demo for subsea projects
Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.
EnerMech scores eight new deals in UK
UK-based oilfield services provider EnerMech has won a string of new deals in the United Kingdom during the first months of 2021.
Mitsui invests in Acorn carbon capture and storage project
Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.
DOF platform supplier to exit oil service after sale
DOF Rederi, a wholly-owned subsidiary of DOF ASA, has completed the sale of a platform supply vessel (PSV) to a Norwegian company.
NHV helicopters to support Allseas on pipeline project
NHV Group has been awarded a new contract with Allseas to provide helicopter services in support of the Energinet Europipe II Branch Pipeline project.
BP elects new head of UK business
Peter Mather, BP’s UK head of country and senior vice president for Europe, will leave BP at the end of the year and will be replaced by Louise Kingham.
Jersey Oil & Gas reveals Greater Buchan Area concept
North Sea-focused Jersey Oil & Gas has revealed its preferred development concept for the Greater Buchan Area (GBA) development located off the coast of the UK.
Lundin and Odfjell firm up rig contract worth $33 million
Lundin Energy and Odfjell Drilling have now signed a contract for the Deepsea Stavanger rig following a letter of intent from January 2021.
EnQuest starts shutting down Don fields in North Sea
EnQuest has started the cessation of production activities on the Northern Producer floating production facility at the Don fields in the UK North Sea.
Vysus scores work on Oseberg field from Aibel
Global engineering and technology consultancy Vysus Group, formerly known as Lloyd’s Register Energy, has secured a contract with Aibel for work on Equinor’s Oseberg field centre.
Saipem in decarbonisation push with new collaboration deal
Oilfield services provider Saipem has signed a collaboration agreement with Elkem to evaluate new opportunities in the entire CO2 capture and storage chain.