Fossil Energy

End of role for MMH CEO
MMH Malta, a port facility and provider of services for offshore drilling rigs, has revealed that its CEO has come to an end of his role in the company.

NHV helicopters to support Neptune in North Sea
NHV Group has won a new long-term contract with Neptune Energy in support of its Seagull field development located in the UK Central North Sea.

Awilco Drilling CEO quits as ‘prerequisites change’
Awilco Drilling has informed that its CEO, Jens Berge, has decided to leave the company with effect from 1 February to pursue other opportunities.

Magseis Fairfield wins 4D OBN survey in Norwegian North Sea
Seabed seismic player Magseis Fairfield has won a 4D ocean bottom node monitor survey in the Norwegian North Sea for an undisclosed E&P company. The survey should commence late in the first quarter 2021 and last for approximately 1 month. Magseis Fairfield CEO, Carel Hooijkaas, said: “This project i

‘We are not where we need to be’ regarding safety, Equinor CEO says
Although Equinor experienced several serious incidents throughout the year, it was able to achieve a reduction in the number of serious incidents and personal injuries in 2020 compared to the previous year.

Total outshines all peers in a year of cost cuts, Rystad reveals
Total outshined all other peers and also was the only major to replace all of the year’s produced resources, according to Rystad Energy.

Equinor gets permit for fresh North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a well located in the North Sea offshore Norway.

Eidesvik secures vessel work with Aker BP
Norwegian oil company Aker BP has awarded a contract to compatriot shipping company Eidesvik Offshore for one of its platform supply vessels.

DOF grabs North Sea contract for PSV
Norwegian offshore vessel owner DOF Group has been awarded a new contract for one of its platform supply vessels (PSVs) in the UK sector of the North Sea.

Worley bags two-year deal with CNOOC
CNOOC Europe has awarded Worley a two-year contract to provide engineering, procurement and construction services to its three operated North Sea assets.

Keppel and Borr agree on another rig delivery delay
Offshore rig builder Keppel and rig owner Borr Drilling have agreed a further delay for the delivery of five jack-up rigs that Keppel is building for Borr.

Lundin to increase output, accelerate decarbonisation strategy
Swedish oil company Lundin Energy has announced it would be increasing its output in 2021 as well as accelerating its decarbonisation strategy.

Petrofac wins five-year deal in North Sea with INEOS
Oilfield services provider Petrofac has secured an enhanced, five-year contract in the UK sector of the North Sea with INEOS FPS.

Lenders take over Polarcus assets
Following loan default, Polarcus’ lenders have taken control of its vessels and shipholding unit. On Tuesday this week, Marine seismic player said it had defaulted on debt payments and that it will halt all interest and installment payments to finance providers. That same day, the company’s shares f