Fossil Energy
Worley supporting Allseas on Spirit Energy decommissioning gig
Australian energy service firm Worley is helping offshore installation specialist Allseas to decommission two of Spirit Energy’s east Irish Sea platforms.
TechnipFMC scores Karish North job
TechnipFMC has received a letter of award from Energean for the development of the Karish North field, located offshore Israel. TechnipFMC will design, manufacture, deliver and install subsea equipment. The delivery includes: The subsea production system; Rigid flowlines and umbilicals as a tieback
Vår Energi hires Rem Offshore vessel
Norwegian shipping company Rem Offshore has won a contract award for one of its platform supply vessels (PSVs) from Vår Energi.
Earnings drop for Helix Energy Solutions
Helix Energy Solutions has seen its fourth-quarter 2020 profit almost cut in half on lower well intervention activity, slightly offset by its robotics unit. The Houston-based company reported net income of $4.2 million, or $0.03 per diluted share, for the fourth quarter 2020 compared to $8.1 million
Transocean bleeds red ink in fourth quarter
Transocean sank to a net loss in the last quarter of 2020 compared to the prior quarter but managed to reduce its losses in the y-o-y comparison.
Neptune Energy fires up Gjøa P1 development
Operator Neptune Energy and its partners have started production from the Gjøa P1 development in the Norwegian sector of the North Sea.
Premier-Chrysaor merger clears regulatory hurdles
All of the regulatory conditions relating to Premier’s merger with Chrysaor have been satisfied and the requisite antitrust approvals have been received.
Russia working to support oil industry after tax increase
The government of Russia has been working on some support measures for the oil-producing industry, including changes in taxation, following last year’s decision to hike taxes.
Tailwind Energy gets Evelyn field development plan approval
Oil and gas company Tailwind Energy has received consent and approval of the field development plan for the Evelyn Field from the UK Oil and Gas Authority’s (OGA).
Stena Drilling launches petition for UK quarantine exemption
Aberdeen-based offshore drilling contractor Stena Drilling has launched a petition urging the UK Government to give oil workers returning from overseas full quarantine exemption.
Aker BP taps Shearwater for Ivar Aasen 4D OBS survey
Shearwater has secured an ocean bottom seismic 4D survey for Aker BP at the Ivar Aasen field. According to seismic exploration company, the OBS project in the Norwegian North Sea, has a duration of approximately one month. The survey will commence in Q2 2021 and will employ Shearwater’s multi-purpos
Total hires DNV GL for services on UK North Sea assets
DNV GL has been awarded a three-year contract by Total to provide multiple services across the full portfolio of the operator’s assets in the UK North Sea.
Equinor to shut down Veslefrikk field after 30 years
After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor is planning for the shutdown of the Veslefrikk field.
Polar Onyx gets more time with DeepOcean
GC Rieber Shipping has agreed a charter extension with DeepOcean for the SURF vessel Polar Onyx. The deal will be in direct continuation of the ongoing charter in Ghana. Norwegian shipowner said the extension will see the vessel stay with DeepOcean until the end of May 2021. Built in 2014, the subse