Fossil Energy
Solstad Offshore promotes finance director to CFO role
Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO).
BP taps Bluware for seismic data analysis
BP has signed an agreement with Houston-based software firm Bluware to improve quality and speed of seismic interpretations. Large seismic data sets are difficult to move and use in workflows and also time consuming to interpret. InteractivAI, powered by Bluware Volume Data Store (VDS) cloud-native
Green light to Ineos for Cavendish field decommissioning plan
UK authorities have approved Ineos’ plan for the removal of the Cavendish platform and associated pipelines located in the UK southern North Sea.
Aker Solutions CFO to leave
Norwegian engineering company Aker Solutions has said that Ole Martin Grimsrud will resign as its chief financial officer (CFO). Grimsrud will leave the company 1 September 2020 to pursue other opportunities, Aker Solutions said Tuesday. Aker Solutions appointed Grimsrud as chief financial officer i
Seadrill takes $1.2 billion impairment and moves to ditch NYSE listing
Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand.
Ineos farms out two Norwegian licenses to Lime Petroleum
Rex International’s 90 per cent subsidiary, Lime Petroleum, has completed the acquisition of a 15 per cent stake in two Ineos’ Norwegian Sea licenses.
Martin Gilbert named chair of OGTC
The Oil & Gas Technology Centre (OGTC) has appointed Martin Gilbert as chair of the Aberdeen-based research and technology organisation. He will succeed Archie Kennedy who has been vice chair and chair of the OGTC since 2017. The OGTC was established in 2016 with £180 million of funding as part of t
IOG hires Petrofac for well management job in North Sea
Petrofac has secured a well management contract for Phase 1 of Independent Oil and Gas’ (IOG) Core Project located off the UK.
DEME Offshore gets on board PosHYdon project
DEME Offshore has joined the team behind the PosHYdon project that aims to integrate offshore wind, offshore gas, and offshore hydrogen in the Dutch part of the North Sea. Within the project, DEME Offshore will be in charge of providing the hydrogen unit for installation on the Q13a platform, operat
Wintershall Dea: Hydrogen from natural gas instrumental in decarbonisation of energy
Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system.
Go-ahead for Neptune to use Deepsea Yantai rig for Gjøa production drilling
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptune Energy for production drilling on the Gjøa field using the Deepsea Yantai semi-submersible drilling rig.
Aker BP taps into new Optime Subsea technology
Optime Subsea is launching a technology that removes umbilical controlled tubing hanger operations with Aker BP as its first user. According to Optime, the system aims to increase safety, and reduce operational time, cost, and also environmental risk. Optime Subsea’s relationship with Aker BP starte
Norway shows lowest and Canada highest upstream carbon footprint, Rystad says
Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway has the lowest, a Rystad Energy analysis shows.
Equinor to restart Hammerfest LNG plant on June 18
Norwegian energy giant Equinor plans to bring back online its Hammerfest liquefied natural gas export plant on June 18 following planned maintenance. The LNG operator said earlier this month it would close the export facility for scheduled maintenance for two weeks starting on May 15. However, the c