Fossil Energy
Shell and Cluff ‘remain committed’ to two UK wells but one well delayed
Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, located off the UK, despite the coronavirus pandemic.
Irregularities found during emergency preparedness audit of Valaris rig
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregularities regarding the emergency preparedness on the Valaris-owned Valaris JU-292 rig, formerly known as the Rowan Norway.
Archer picked as sole provider of downhole services on Gyda P&A campaign
Archer has been awarded the fishing, milling & wellbore cleaning services for Repsol Norge on the Gyda platform located offshore Norway.
OCTIO wins Ormen Lange gravimetry survey
OCTIO Gravitude has secured gravimetry survey work on the Norwegian Ormen Lange gas field during summer 2020. The operation should last four weeks and produce water depth and gravitational field measurements at the seabed above the reservoir. Seabed gravimetry and subsidence measurements occur every
AGS gets additional work in North Sea
Axxis Geo Solutions (AGS) has signed a contract for an additional scope of work under the agreement with Equinor in the North Sea. Earlier this year the company secured the contract for the seismic node acquisition along with the Letter of Intent for an additional scope of work. The additional work
Companies team up to build world’s first shallow draft ice-breaking W2W vessel
Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel.
COSL, Equinor ink new master framework agreement
COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil major.
Aker BP looking to decrease carbon footprint with new tech deal
Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company Yxney Maritime for a software solution which would assist with offshore carbon emission cuts.
Gunvor trading volumes pushed by LNG
Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019.
More improvement needed before West Bollsta rig gets compliance award
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found one improvement point regarding an application for the Acknowledgement of Compliance (AoC) for the West Bollsta drilling rig.
More oil and gas assets up for grabs due to Covid-19, Rystad says
Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates.
Drones flying off into brighter offshore future
With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.
Proserv subsea controls for IOG North Sea development
Proserv has secured a contract from Independent Oil and Gas to provide subsea controls system for IOG’s Core Project Phase 1 development in the UK Southern North Sea. Specifically, Proserv will be responsible for the engineering, construction and installation for the Elgood single-well subsea tiebac
Prosafe gets relief from lenders while working on long-term plan
Prosafe has gained support to an extension to the forbearance arrangement with a majority of its lenders until the end of June while working to agree on a long-term financial solution.