Fossil Energy
IOG picks former Ithaca man as new chief operating officer
Oil and gas company focused on the UK North Sea Independent Oil and Gas (IOG) has appointed a new chief operating officer (COO).
Providence gets green light for Barryroe site survey
Oil and gas exploration firm Providence has secured the approval from the Irish government to undertake a seabed and shallow geophysical survey and an environmental baseline and habitat assessment survey, at the K-Site location, Barryroe in the North Celtic Sea. The offshore survey, when completed l
Two Norwegian energy players unite to speed up energy transition efforts
Norwegian HitecVision and compatriot Agder Energi are teaming up to develop new companies for the coming energy transition.
Equinor granted Isflak well drilling permit
Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Barents Sea, offshore Norway.
TechnipFMC picks up Karish risers
TechnipFMC pipelay vessel Deep Blue has recently completed spooling of Energean’s Karish steel catenary risers at its spoolbase in Mobile, Alabama. The Deep Blue is currently transiting to Limassol, Cyprus where it will perform mobilisation of the riser end structures. TechnipFMC won an integrated e
Rystad sees Africa and the Americas as hotspots for high-impact wells in 2021
Drilling of high-impact wells in 2020 suffered at the hands of the pandemic, but the overall results were nevertheless positive, Rystad Energy reveals.
Ithaca restarts North Sea unit after Covid-19 shutdown
Ithaca Energy has restarted production at its FPF-1 unit located off the UK following a recent shutdown due to an outbreak of Covid-19 on the unit.
Equinor man joins Oil & Gas UK board as co-chair
Oil & Gas UK has announced the appointment of a new co-chair to its board, as the sector focuses on the industry’s recovery whilst meeting net-zero targets.
Equinor strikes oil and gas near Troll field
Equinor and partners have struck gas and oil in production licence 923, the first discovery this year made near the Troll field in the North Sea.
Aker BP adds two new wells to Maersk rig backlog
Maersk Drilling has secured an additional two-well contract for the low-emission rig Maersk Integrator with Aker BP in Norway.
TechnipFMC separation to take place this month
TechnipFMC said on Thursday it plans to wrap up its separation into two independent, publicly traded companies later this month. Namely, the last day of trading of TechnipFMC shares that include the right to receive Technip Energies shares on the New York Stock Exchange and Euronext Paris stock exch
Aker BP boasts record-high output and pledges to stay ‘pure-play oil and gas company’
Aker BP has pledged to remain a pure-play oil and gas company and contribute to the energy transition through minimizing emissions and by sharing data.
PGS cautiously optimistic despite red numbers
PGS remains carefully positive even with red numbers in the fourth quarter of 2020 as revenues fell some 37 per cent. The Oslo-listed seismic player reported quarterly loss of $60 million, or 16 cents per share on revenues of $208 million. This result compares against profit of $10 million on around
Neptune picks up permit for North Sea appraisal well
The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy a drilling permit for an appraisal well offshore Norway.