Fossil Energy
IOG gives up on Deltic Energy takeover plans
Independent Oil & Gas (IOG) has given up on its plan to acquire its compatriot oil and gas player Deltic Energy, formerly known as Cluff Natural Resources.
Lundin makes a deal to buy Barents Sea assets from Idemitsu
Lundin Energy has entered into an agreement with Idemitsu Petroleum to acquire its interests in a portfolio of licences in the Barents Sea offshore Norway.
Digital tools on Johan Sverdrup field boost Equinor revenues
Driven by digital technologies, Equinor has increased its earnings by more than NOK 2 billion since the start of production from its Johan Sverdrup field, located in the North Sea.
TechnipFMC names new head of Technip Energies
TechnipFMC has appointed Arnaud Pieton as President and CEO-elect, Technip Energies, effective immediately. As a result, the company has also appointed Jonathan Landes to the role of President – Subsea. Pieton has been with the company since 2004 and held multiple leadership positions, including vic
Equinor forced to shut down four fields due to strike
Equinor has been forced to shut down four of its offshore fields following an escalation in strike action by oil and gas workers.
Borr Drilling keeping busy as rigs head to new assignments
Borr Drilling is keeping its fleet busy as three of its rigs have recently started their new contracts and two more are expected to start operations in 4Q 2020.
Offshore workers’ strike to hit production on six Norwegian fields
Strike action by Norwegian offshore oil and gas workers will affect production on six fields in the North Sea offshore Norway.
Aker BP all set to start production from Norwegian gas field
Aker BP is now ready to start production from Phase 1 of its operated Ærfugl gas and condensate field development located in the Norwegian Sea.
Aker Solutions scoops up Tommeliten Alpha contracts
Aker Solutions has won two contracts from ConocoPhillips for the Tommeliten Alpha development offshore Norway. The NOK 1.2 billion ($129.3 million) deal will see the company deliver the subsea production system. The scope of work includes 10 vertical subsea trees, two manifolds, wellheads, satellite
Pandion to enter Calypso prospect after swapping license interests with ConocoPhillips
Pandion Energy has entered into an agreement with ConocoPhillips to swap interests in licenses located in the North Sea and the Norwegian Sea, respectively.
Margareth Øvrum joins TechnipFMC board
London-based TechnipFMC has appointed Margareth Øvrum, executive vice president of Equinor, Development and Production Brazil, to its board of directors, effective 1 October 2020. Øvrum, 62, has over 38 years of experience at Norwegian energy company Equinor (formerly Statoil). She will retire from
Maersk Drilling lands new North Sea gig with Dana
Maersk Drilling has secured a contract from Dana Petroleum to drill two development wells as part of Project Unity in the Dutch sector of the North Sea.
Solstad vessel wins five-year job in Australia
Solstad Offshore has been awarded a long-term contract for its platform supply vessel with “a major international company” in Australia.
Construction starts on world’s largest floating offshore wind farm
The construction has started on the world’s largest floating offshore wind farm, Hywind Tampen, at Kværner Stord in Norway, Equinor said. Norway’s Prime Minister Erna Solberg and Kværner apprentice Arne Linga started the cutting robot on the project’s first sheet of steel on Thursday, 1 October. Kvæ