Fossil Energy
Deltic boosts gas volumes estimate for North Sea prospect
Deltic Energy has significantly boosted gas volumes and decreased risk profile at the Selene prospect located in the UK North Sea.
Awilco exploring options to finance rig order at Keppel
Offshore drilling contractor Awilco Drilling is looking into ways to finance its remaining commitments for a newbuild rig ordered at Keppel.
Petronas Research joins FASTsubsea’s subsea pump development
FASTsubsea and Petronas’ subsidiary Petronas Research signed a Joint Industry Project contract to develop and test a low-cost, topside-less subsea multiphase pump. FASTsubsea is a joint venture between Aker Solutions and FSubsea. The new company combines Aker Solutions’ multiphase hydraulic technolo
Petrofac sets net-zero and diversity targets
Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets.
Orca provides dive system support and engineering services for Well-Safe Solutions
Orca Oceanic Systems Ltd (OOS) has secured a contract with Well-Safe Solutions for the provision of dive system support and engineering services onboard the Well-Safe Guardian semi-submersible decommissioning rig. Mike Masson, OOS’s managing director sad: “We’re delighted to finally secure the Maste
Wellesley ready to drill Norwegian Sea wildcat
The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the Norwegian Sea.
Sparrows becomes sole Middle East service provider for JDN
Sparrows Group, a provider of specialist equipment and integrated engineering services to the energy industry, has become the service provider for machine construction company J.D. Neuhaus Group (JDN) in the Middle East.
Petrofac and SOCAR JV wins BP deal in Azerbaijan
Petrofac, in a joint venture (JV) with SOCAR, has secured a contract to provide BP Azerbaijan with international payroll and personnel support services.
New boss to lead Equinor in next phase of energy transition
The board of directors of Equinor has appointed Anders Opedal as the new president and CEO of Equinor from 2 November 2020.
Marine seismic industry in numbers after exploration capex slash
The low oil price has led energy companies to scale back near-term investment plans significantly, and 2020 will be very challenging for the marine seismic industry. Adding COVID-19 pandemic and energy transition from fossil fuels to this scenario has made the situation even worse, forcing seismic p
Pioneering Spirit removes Tyra East and West platforms
Allseas’ heavy lift vessel Pioneering Spirit has removed the Tyra East and Tyra West integrated processing and accommodation platforms.
Chevron can make Israel’s Leviathan a global gas supplier
According to the chief executive officer (CEO) of Delek Drilling, Chevron’s entry into Israel’s Leviathan natural gas field will help deliver the technical and marketing nous to turn the project into a global supplier.
New CEO for Axxis Geo Solutions
Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Friday it has appointed Ronny Bøhn as its new CEO. Bøhn, who takes over from Lee Parker, has more than 20 years of experience from the seismic industry. He has held management positions as vice president of marine operations at CGG a
TGS submits offer to buy PGS multi-client data library
TGS-NOPEC Geophysical Company has submitted a conditional offer for the purchase of the multi-client data library of PGS. Under the offer, PGS would, upon consummation of the sale, receive a cash consideration of USD 600 million. In addition, TGS has proposed that the parties enter into a post-closi