Fossil Energy
Eni swings to quarterly loss as production falls by 10 pct
Eni booked a loss in the third quarter of 2020 while its hydrocarbons production declined due to impacts of the economic downturn.
Wintershall Dea charters Eidesvik PSV for a year
Eidesvik Offshore has been awarded a time charter contract with Wintershall Dea Norge for the platform supply vessel (PSV) Viking Princess.
Aker Solutions sees profit rise despite lower revenues
Aker Solutions boosted its profit in the third quarter of 2020 despite lower revenues as oil and gas operators reduced their activity levels.
Borr Drilling sells cold-stacked jack-up rig
Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold stacked jack-up drilling rig Atla to an independent operator.
Vår Energi hands out 12 deals for offshore and onshore services
Vår Energi has signed frame agreements with a total of 12 Norwegian suppliers of services within a number of technical and administrative disciplines.
Neptune in minor oil discovery near Fenja field
Neptune Energy has made a minor oil discovery and delineated the Bue oil discovery near the Fenja field in the Norwegian Sea.
LIVE BLOG: Offshore Energy and Navingo Career 2020 Events
Welcome to Offshore Energy & the Navingo Career Event!
Total charters LNG-fueled Aframax quartet
In its bid to reduce greenhouse gas emissions in maritime transportation, Total has chartered four LNG-fueled Aframax-type vessels.
Waste Not, Want Not – The Role of Fossils Fuels During the Energy Transition
Julian Manning, CEO of Paradigm Group has shared his insights on how we can improve on energy loss during its actual production and what role fossil fuels will play for energy transition. Manning highlighted that energy waste is potentially the biggest source of energy during the current transition.
Year-long outage of Hammerfest LNG plant to affect Neptune output
Neptune Energy expects its full-year production to be impacted by the closure of the Equinor-operated Hammerfest LNG plant following a recent fire incident.
One quarter of global floating rig fleet could face scrapping as Covid-19 bites, Rystad says
An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.
Wintershall Dea in last phase of Nova project as drilling operations start
Oil and gas company Wintershall Dea has started drilling the first of six wells on the operated Nova field in the Norwegian North Sea.
THREE60 ENERGY takes duty holder role at DNO’s UK assets
THREE60 ENERGY has won a multi-million-pound contract to deliver Duty Holder services for DNO’s two assets in the UK continental shelf.
BP books small profit in 3Q
BP on Tuesday reported a small profit for the third quarter of 2020 compared to a huge loss in the prior quarter and a profit in the third quarter of 2019.