Fossil Energy
Aker BP and Equinor to coordinate development of North Sea licences
Aker BP and Equinor have entered into an agreement in principle on commercial terms for a coordinated development of the licences Krafla, Fulla, and North of Alvheim.
Europa Oil & Gas buys Edge licence offshore Ireland
Exploration and production company Europa Oil & Gas has acquired a 100 per cent interest in Frontier Exploration Licence (FEL) 3/19 offshore Ireland from Norwegian oil company DNO.
Petrofac to support CCS and hydrogen project in UK
Petrofac has been awarded an engineering and project management office support contract for the Acorn project.
Wintershall Dea adds more time to Energy Swan PSV charter
Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has secured another contract extension for its Energy Swan platform supplier with Wintershall Norge.
CHC wins Equinor extension for helicopter services in Norway
CHC Group has been awarded a contract extension by Equinor for both the Tampen/Oseberg and Heidrun contract in Norway by one year.
OPEC+ extends output cuts in push to tighten oil market
OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 million barrels per day by another month.
Equinor testing new LNG-powered shuttle tankers
Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it chartered for operations in the North Sea. The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit belongs to Altera. Eagle Blane recently conducte
Equinor hands in plans for partial electrification of Sleipner field
Equinor and its partners have made an investment decision to partly electrify the Sleipner field located offshore Norway.
Chrysaor picks APT for Lomond, Armada analyses
North Sea oil and gas operator Chrysaor has contracted Applied Petroleum Technology (APT) to deliver geochemical and petroleum systems analyses on the Armada hub facility and around the Greater Lomond area on the UKCS.
Aker BP orders Hod platform from Kvaerner
Norwegian oil and gas company Aker BP has awarded Kvaerner the contract for delivering the topside and steel substructure for the unmanned wellhead platform at the Hod field.
Shell returns platform supplier to Havila ahead of time
The UK entity of oil major Shell has returned a platform supply vessel to Norwegian shipping company Havila Shipping ahead of time.
Keppel rejects Awilco’s contract termination
Keppel has denied and rejected the termination of a rig construction contract by Awilco.
Awilco Drilling cancels rig order with Keppel
Awilco Drilling has decided to cancel a semi-submersible rig order with rig builder Keppel due to breaches under the construction contract.
BP to cut 10,000 jobs as Covid-19 spurs energy transition plans
BP will be reducing its global workforce by 10,000 this year as part of its plans to make the organization smaller and fit for the energy transition.