Fossil Energy
Shell to cut 330 North Sea jobs
Anglo-Dutch oil giant Shell has revealed plans to cut 330 jobs from its operations in the North Sea, most of them based in Aberdeen.
Rystad: Onshore producers have higher CO2 intensity, while offshore producers are scattered
Rystad Energy has conducted a comprehensive company-level analysis of the world’s upstream industry, identifying the top carbon-intensity performers.
Subsea 7 director Stevens passes away
Subsea 7 informed that its non-executive director and senior independent director Allen Stevens passed away on 10 January 2021. Stevens started in the shipping industry in financial planning at Sea Land Service Inc. and subsequently served as Treasurer of McLean Industries Inc. from 1972 to 1988. As
Final stages of Buchan Alpha decommissioning completed
John Lawrie Decom, a metal recycling specialist, has completed the final stages of the Buchan Alpha decommissioning project in the UK.
CGG wraps up Barents Sea seeps study
CGG’s Satellite Mapping group recently completed a high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD). The aim of the study was to increase petroleum system knowledge across the northern Barents Sea. CGG Satellite Mapping has over twenty-five years of e
Total and ExxonMobil tap Strohm to boost TCP tech
Thermoplastic composite pipe (TCP) specialist Strohm has secured a contract with Total and ExxonMobil for a qualification testing programme for a high pressure, high temperature TCP. The qualification project will create a foundation for further development of this TCP technology for riser applicati
Neptune awards Cygnus contracts to Oceaneering and Stork
Neptune Energy has awarded integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork.
Turkey and Greece to resume talks over disputed waters
Turkey and Greece will continue exploratory talks over territorial claims in the Mediterranean Sea that almost brought the two to blows during 2020.
Bowleven promotes director to chairman role
Africa-focused oil and gas exploration group Bowleven has named a new non-executive chairman with immediate effect.
High-impact exploration in 2021 could reach 100 wells, Westwood says
Westwood has reported that 72 high-impact wells were drilled in 2020, which is below 2019 level when 99 wells were drilled. In 2021, Westwood’s projections indicate that activity could at least reach 2020 levels with the potential to reach up to 100 wells.
Chrysaor granted permits for two North Sea wells
The Norwegian Petroleum Directorate (NPD) has granted Chrysaor drilling permits for two wells located in the North Sea offshore Norway.
Oil industry scolds Norway’s plan to increase carbon tax
The Government of Norway has revealed plans to increase its national tax on carbon dioxide (CO2) emissions more than threefold by 2030 to help it reach its climate goals.
Scottish firm to dismantle Spirit Energy’s Morecambe platforms
CessCon Decom has been awarded a contract for the decommissioning, dismantling, and recycling of Spirit Energy’s Morecambe Bay DP3 and DP4 platforms.
Floatel lands three new deals, reaches agreement with lenders
Offshore accommodation provider and reached an agreement with its lenders, which will enable it to retain the Floatel Endurance in its fleet.