Fossil Energy

Transborders, SBM ink FLNG pact
Australian independent Transborders Energy has signed a partnership deal with Dutch floating specialist SBM Offshore to develop FLNG projects. The partnership will pursue the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities, the Australian company

Norway’s tax relief to boost rig demand but UK demand to take the biggest hit, Rystad says
Norway’s recent tax relief package for the oil and gas industry is expected to cut breakeven prices by 40 per cent, thereby boosting the country’s rig demand while the UK’s plunges.

Power from shore for nearly half of Norwegian oil and gas production
Almost half of the Norwegian petroleum production will soon be run on power from shore as the companies are considering multiple electrification projects that could reduce emissions considerably.

Repsol gets consent to extend North Sea field life
Repsol has been granted consent by the Norwegian offshore safety authority for the life extension of the Rev field, which is located offshore Norway.

Gazprom starts building ice-resistant platform for extreme conditions of Arctic field
Gazprom has started construction of an ice-resistant platform for its field located in extreme ice and climate conditions of the Arctic shelf.

Dolphin Drilling eyes three-well campaign in Norway
Dolphin Drilling has secured a letter of intent with a Norwegian operator for a three-well P&A operation on the Norwegian Continental Shelf.

MDL backs Ocean Installer on Balder decom job
MDL has completed a double decommissioning scope providing support to Ocean Installer on the Balder X field. MDL SURF equipment, project engineering team as well as offshore personnel facilitated the recovery of risers and umbilicals on the Balder FPSO, as part of the redevelopment programme on the

Pipelaying work complete on Energean’s Karish field
Oilfield services provider TechnipFMC has completed pipe laying works and subsea systems installation on Energean’s Karish located offshore Israel.

Lukoil vice-chairman promoted to chairman role
Russian oil and gas company Lukoil has elected a new chairman of the company’s board of directors following the death of its long-time chairman.

GALLERY: Shell’s Brent platform reaches UK port ahead of final dismantling
Following its recent removal from the UK North Sea, Shell’s oil and gas platform Brent Alpha has arrived at a decommissioning yard in the UK.

Cluff Natural Resources changes name to reflect ‘new era’
Cluff Natural Resources has changed its name to reflect its transition in the company’s main investments into a more operational phase.

NPD presents new management team
The Norwegian Petroleum Directorate (NPD) has presented the six directors that will make up its senior management team.

Aker Solutions gets LoI for Breidablikk subsea system from Equinor
Aker Solutions has received a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. The potential contract value is approximately NOK 2 billion, excluding options. The scope of work covers a complete subsea production system, and associated e

Aker BP gets licence to drill Norwegian Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for two wells located in the Norwegian Sea.