Fossil Energy
Total to boost investment in renewables in push to become ‘a broad energy company’
French oil and gas major Total has moved to transform itself into a broad energy company as part of its efforts to become a leader in the renewable energy sector and get to net-zero by 2050.
Shell’s energy transition starts in Germany, offshore wind & hydrogen key elements
Shell is restructuring its business in Germany as the energy transition progresses worldwide, the oil giant announced on 29 September, listing offshore wind and hydrogen as some of the key elements of its operations in the country. The company said it plans to participate in the production of electr
Heerema going carbon neutral
Dutch contractor Heerema wants to become the first carbon-neutral marine contractor in the offshore industry in line with the national and international emission-reduction targets. The plans are being revealed as the inetrnational maritime community pushes forward to meet the 50% GHG reduction targe
Nexans lands Sangomar umbilicals gig
Nexans has signed a contract with Subsea 7 to deliver 46 kilometres of umbilicals for the Sangomar field, offshore Senegal. For the purpose of the project, Nexans will utilise its specialized facility in Halden, Norway. The umbilicals will provide hydraulic, control and instrumentation services for
DOF secures contract extension with Equinor
Norwegian vessel owner DOF has secured a contract extension for one of its vessels with compatriot oil major Equinor.
ConocoPhillips gets start-up consent for North Sea redevelopment
Oil major ConocoPhillips has secured consent to start up the Tor II field facilities located in the North Sea offshore Norway.
Equinor gearing up to drill North Sea wells
Equinor has received consent from the country’s offshore safety regulator for exploration drilling in the North Sea using the West Hercules rig.
Equinor’s giant offshore field hit by strike action following wage talks fail
The strike affects one of the largest Norwegian offshore fields – the Johan Sverdrup – which is operated by Equinor.
Baker Hughes lands first vessel-deployed subsea mechanical wellhead cut
Baker Hughes has launched its vessel-deployed subsea wellhead cutting system – the Terminator. Using a first-of-its-kind mechanical wellhead removal method, the system has already proven its capabilities on Wintershall DEA abandoned exploration well in Norway. Romain Chambault, Europe vice president
Shell plans to cut up to 9,000 jobs
Oil major Shell has confirmed plans to cut between 7,000 and 9,000 jobs in a push to save up to $2.5 billion by 2022.
SeaBird eyes renewables; South America project canned
Seismic player SeaBird Exploration said that its source contract announced on 20 April 2020 has been terminated by the charterer. Namely, the Oslo-listed SeaBird secured a letter of award in April for a project in South America. The contract should have taken place in the third quarter of this year,
Rystad expects swift recovery in offshore oil and gas pipeline market led by Middle East
This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.
JDR lands Azerbaijan deal
Subsea cabling specialist JDR has won a contract to supply a 5.5-kilometre 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical for a BP platform project offshore Azerbaijan. The cable will connect an existing platform to the new platform to provide power share as we
Sovcomflot hands back Polarcus seismic vessel
Marine seismic player Polarcus has taken delivery of geophysical exploration vessel Ivan Gubkin. Ivan Gubkin (previously Polarcus Amani) has been on charter to Russian shipping company Sovcomflot since 2017. In light of the extension to the Vyacheslav Tikhonov charter, the companies agreed that Sovc