Fossil Energy

Maersk Drilling sets 50 pct CO2 emissions decrease target
Danish offshore drilling company Maersk Drilling has set a target of lowering the intensity of CO2 emissions from its drilling operations by 50 per cent by 2030.

Solstad Offshore receives early charter termination for ‘Normand Maximus’
Norwegian vessel owner Solstad Offshore has received a notice of early termination of the charter party for the one of its vessels from Italian offshore contractor Saipem.

Ocean Installer UK gets new managing director
Subsea contractor Ocean Installer UK has appointed Robert (Bob) Gillespie as the new managing director. Specifically, Gillespie will lead the company’s UK office based in Aberdeen. The company said it is confident Gillespie has the right attributes for this vital role in a critical region. Kevin Mur

Wellesley bites the dust in Norwegian well
Oil and gas company Wellesley Petroleum has drilled a dry well north of the Gjøa field offshore Norway.

Equinor picks up drilling permit for North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Equinor for a wildcat well located in the North Sea offshore Norway.

Vroon to recycle platform supplier trio
Dutch provider of offshore support vessels Vroon Offshore Services (VOS) has decided to dispose of three platform-supply vessels (PSV), with the aim of “right-sizing” its PSV fleet.

Proserv launches two new facilities
Proserv Controls has formally unveiled two new facilities in Mussafah, Abu Dhabi and Cumbernauld, near Glasgow, Scotland. Despite the on-going global challenge of the Covid-19 pandemic, the Aberdeen based firm has proactively pursued the establishment of the new sites in recent months as it continue

Seadrill agrees debt payment suspension with creditors
Seadrill has entered into an agreement with some of its lenders for the suspension of debt payments while the company is working on restructuring its debt.

Equinor cleared to use Askeladd Phase 1 facilities
Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has given Equinor consent to use Askeladd Phase 1 facilities on the Snøhvit field in the Barents Sea offshore Norway.

Neptune extends CHC gig in Dutch North Sea
Neptune Energy has extended its contract with CHC Helicopters, covering the Dutch sector of the North Sea, for further two years.

GALLERY: Lukoil installs jackets for ice-resistant platform in Caspian Sea
Russia’s Lukoil has completed the installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea.

Ocean Yield to book $130 million in impairments for two vessels
Ocean Yield expects to book impairments of $130 million in total for an FPSO and offshore construction and cable-lay vessel.

Equinor selects Aibel for Krafla engineering study
Aibel has been awarded a field engineering, concept optimisation and definition study for Equinor’s unmanned process platform at the Krafla field.

Subsea 7 taps JDR for Elgood umbilical
Subsea umbilical and cable supplier JDR has agreed a new contract with Subsea 7 to supply a 9.3-kilometre production and control umbilical, topside equipment and subsea terminations for the Elgood field in the UK Continental Shelf. The umbilical delivery will take place in Q2 2021 and will connect t