Fossil Energy
Pandion buys stake in two Norwegian offshore licences
Oil and gas company Pandion Energy has entered into an agreement with Wintershall Dea to acquire interests in two licences located offshore Norway.
UK: Resolution seismic survey set for 2022
A 3D seismic survey over the Resolution gas discovery in offshore licences P1929 and P2304 off the UK will most likely take place in 2022, Egdon Resources said on Wednesday. Namely, Shell, the operator of the above mentioned licences, has advised Egdon that the marine 3D seismic survey, planned over
WoodMac: Oil and gas industry can deliver net-zero promises, with tweaks
Although the UK’s offshore oil and gas industry has committed to cutting operational emissions in half by 2030 and achieving net-zero production by 2050, operators will have to make leaps forward in technology, policy, and investment to reach these goals, according to Wood Mackenzie.
Prosafe still working to hammer out financial solution with lenders
Prosafe is still working to resolve its financial situation with lenders but is still unclear what a final solution may look like.
Vår Energi picks Equinor man for CEO role
Vår Energi has appointed Torger Rød as the company’s new CEO following the departure of Kristin Kragseth to lead the Norwegian state-owned Petoro.
Lundin picks up drilling permit for North Sea well
Swedish oil company Lundin Energy has been given a drilling permit to drill the 16/4-13 S well in the North Sea, offshore Norway.
Boskalis snaps up Rever Offshore’s subsea services unit
Dutch marine contractor Boskalis has acquired all the shares of Rever Offshore’s subsea services business. Rever, formally known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair and maintenance. The company has historically operated in the North Sea out of
i3 Energy abandons ‘sub-commercial’ Liberator licence
i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determining that its development would not be commercially viable.
Equinor gets consent for use of well intervention vessel
Equinor has received consent from the country’s offshore safety agency for the use of the Island Wellserver vessel for well intervention.
Azerbaijan sends first gas export via TAP pipeline
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline (TAP). First gas reached Greece, Bulgaria as well as Italy via the Melendugno interconnection point.
Gazprom starts delivering TurkStream gas to Bosnia, Serbia
Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.
Pacific Drilling emerges from bankruptcy
Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has emerged from the Chapter 11 process.
Yme project moves into hook-up phase following rig installation
Repsol has moved into the hook-up phase of the Yme development project located offshore Norway following the installation of a jack-up rig on the field.
SSE sheds North Sea fields to focus on renewables
Scotland-based energy company SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production assets to Viaro Energy