Fossil Energy
Coor inks extension for offshore facility management with Equinor
Norwegian oil major Equinor has extended its offshore agreement with facility management provider Coor.
Norway to include 36 new blocks in this year’s offshore licensing round
Norwegian Ministry of Petroleum and Energy has proposed to include 36 new blocks in this year’s licensing round in the well-known parts of the Norwegian Continental Shelf – Awards in Predefined Areas (APA) 2020.
Siccar Point delays sanction date for Cambo project due to coronavirus
Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.
Johan Sverdrup field to reach plateau production earlier than expected
The Equinor-operated Johan Sverdrup field in the North Sea is expected to reach plateau production for the first phase in early May, earlier than anticipated.
Siccar Point delays sanction date for Cambo project due to coronavirus
Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.
Norway to include 36 new blocks in this year’s offshore licensing round
Norwegian Ministry of Petroleum and Energy has proposed to include 36 new blocks in this year’s licensing round in the well-known parts of the Norwegian Continental Shelf – Awards in Predefined Areas (APA) 2020. The proposal is now sent on a public consultation, the ministry said on Monday. “In thes
Popular news, March 23 – 29, 2020
Offshore Energy Today’s most popular news of the past week.
Spirit Energy boosts output at two North Sea fields
Following successful offshore drilling campaigns, oil and gas company Spirit Energy has boosted production from two North Sea fields.
BP charters Foinaven FPSO for up to ten years
Teekay, which has recently decided to change its name to Altera Infrastructure, has entered into a new bareboat charter contract with the Foinaven operator, a subsidiary of BP, for the Petrojarl Foinaven FPSO.
Cairn Energy makes ‘significant’ reductions to capex. All exploration activity deferred
Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing an overall 23 percent reduction in capital expenditure for the year.
EMGS to keep only skeleton crew after entering into cost-saving mode
Sharp oil price drop and the global coronavirus pandemic have pushed Norwegian seismic survey company EMGS to operate in a low-cost setup to preserve sufficient liquidity.
Offshore worker evacuated from FPSO tests positive for coronavirus
Hurricane Energy has confirmed that a crew member on the Aoka Mizu FPSO at the Lancaster field has been evacuated to the mainland for medical reasons and subsequently tested positive for COVID-19.
Cairn Energy makes ‘significant’ reductions to capex. All exploration activity deferred
Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing an overall 23 percent reduction in capital expenditure for the year.
EMGS to keep only skeleton crew after entering into cost-saving mode
Sharp oil price drop and the global coronavirus pandemic have pushed Norwegian seismic survey company EMGS to operate in a low-cost setup to preserve sufficient liquidity.