Fossil Energy
Petrofac nets new 5-year deal with Ithaca Energy
Oil and gas company Ithaca Energy has signed a five-year integrated services contract with oilfield services provider Petrofac.
Premier’s Tolmount platform heads for North Sea
UK oil and gas firm Premier has seen the jacket and topsides sent off to their final destination at the Tolmount field in the Southern North Sea. The infrastructure will meet the Sleipnir heavy lift vessel for installation in late September / early October. The 500 Bcf Tolmount development is on tra
Turkey bringing in another drillship for Black Sea ops
Turkey is bringing in another drillship for operations in the Black Sea only weeks after announcing a giant gas discovery in the area.
Neptune Energy gets nod to drill Norwegian Sea well
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Neptune Energy for well 6406/12-G-1 H located in the Norwegian Sea.
Kuwait Oil’s new oil spill response vessel to feature Evac’s Cathelco MGPS
A new multi-purpose oil spill response and towage vessel being built for the Kuwait Oil Co will be installed with a Cathelco marine growth prevention system (MGPS) to prevent bio-fouling and corrosion in seawater pipework. The system is manufactured by Cathelco, part of the Evac Group since 2018. Ev
Shelf Drilling cancels charter with China Merchants for two jack-up rigs
Offshore drilling contractor Shelf Drilling has terminated a bareboat charter agreement with China Merchants for two jack-up drilling rigs.
Well-Safe to create 100 new jobs after buying Seadrill rig for P&A projects
Well-Safe Solutions has acquired the West Epsilon jack-up rig from Seadrill sparking another job boost for the company. Namely, this move will create around 100 new jobs.
Sovcomflot keeping Vyacheslav Tikhonov with option to redeliver Ivan Grubkin
Seismic player Polarcus and Russian shipping company Sovcomflot have once again agreed new terms for the vessel Vyacheslav Tikhonov. Specifically, Sovcomflot has exercised options to extend the firm period of the charter for 3 years. The new charter begins immediately after the project the vessel is
Energean Power FPSO to set sail for Israel in summer of 2021
Floating production storage and offloading (FPSO) vessel being built for Energean’s Karish field offshore Israel will set sail from Singapore in the summer of 2021.
Aker Solutions wins North Sea extension with ConocoPhillips
Aker Solutions has secured a three-year contract extension to an existing framework agreement with ConocoPhillips in the North Sea.
PGS in Barents Sea wide-tow Penta Source project
Norwegian seismic player PGS said it has begun a new project in the Barents Sea that uses the most advanced configuration ever towed by a seismic streamer vessel. Last weekend, PGS seismic vessel Ramform Tethys reconfigured from a wide-tow triple source set-up to an even wider penta source solution
Offshore wind project costs decrease with bespoke vessels and lower oil & gas activity
The rising number of purpose-built offshore wind vessels has a direct impact on the costs of offshore wind projects, as the sector is getting more room to use its own fleet instead of deploying vessels from the oil & gas industry, which can be costly if high oil price is driving increased oil & gas
Equinor suffers further delays on Martin Linge project as Covid-19 disrupts topside work
Norwegian energy giant Equinor has experienced a further delay in the development of its operated Martin Linge offshore field.
Italian players team up to work on energy transition technologies
Saipem and Snam have signed a Memorandum of Understanding to work together on new energy transition technologies, green hydrogen development, and CO2 capture and reuse.