Fossil Energy
Deep dive into oil and gas exploration – then, now, and ahead
What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?
Providence inks Barryroe farm-out deal with SpotOn
Irish oil and gas exploration company Providence Resources has signed a farm-out deal with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.
Neptune awards three-year water treatment deal to Separo
Solids control, hazardous waste stream, and wastewater expert Separo has been awarded a three-year contract for the provision of produced water treatment services from Neptune Energy.
Fifty shades of collaboration in time of energy transition
There is little doubt that the past few years have witnessed the rise of energy-related collaborations to an extent never seen before. This is because cross-industry collaborations seem to be crucial for companies to ride the energy transition train which is indeed moving very fast.
Sea Lion farm-in extended to enable Premier-Chrysaor merger
Rockhopper Exploration and Premier Oil have agreed to extend the exclusivity period for Navitas Petroleum’s farm-in to the Sea Lion project located offshore the Falkland Islands.
Reach Subsea charters Olympic duo
Norwegian contractor Reach Subsea has entered into a charter agreement with Olympic Subsea for use of the two subsea vessels Olympic Artemis and Olympic Delta for the 2021 season. The charters also come with mutually agreed options for further extensions. Reach already has one WROV on Olympic Artemi
Borr Drilling faces challenging financial situation amid payment delays in Mexico
Borr Drilling is facing a very challenging financial situation amid a difficult market environment combined with payment delays from Pemex in Mexico.
Gazprom to resume Nord Stream 2 pipe-laying before year-end
Gas giant Gazprom has decided to resume pipe-laying work on a 2.6-kilometre part of the stalled Nord Stream 2 gas pipeline from Russia to Germany.
Immediate clean energy investment to create 100,000 North Sea jobs by 2050
The OGTC and the Offshore Renewable Energy Catapult have warned that the UK offshore energy sector would miss the opportunity to be a global leader in clean energy if it does not invest in technology innovation to create a net-zero North Sea.
Equinor gearing up for fresh Barents Sea well
Equinor has received consent from the offshore safety authority to drill an exploration well in the Barents Sea using the Transocean Enabler rig.
Schlumberger workers in Norway to strike over pay and working conditions
Some 262 oil service workers at Schlumberger’s Norwegian entity plan to go on strike from 3 December if negotiations with employers over pay and working conditions fail.
DNV GL suspends Nord Stream 2 work dreading U.S. sanctions
Classification society DNV GL has suspended work on Gazprom’s Nord Stream 2 gas pipeline project over fears of sanctions by the United States.
Cairn Energy picks new chairperson
A new chairperson of oil and gas company Cairn Energy would join the company with effect from 1 January 2021.
CGG and Magseis Fairfield wrap up Cornerstone OBN survey
CGG and Magseis Fairfield have completed the 2020 acquisition of the largest OBN survey ever acquired in the North Sea. The OBN Cornerstone 2020 multi-client survey in the UK Central North Sea commenced in March 2020. The survey saw approximately 1,650 square kilometres of long-offset, full-azimuth