Fossil Energy

UK oil major to leave three U.S. trade associations in push for low carbon future
UK oil major BP has said that, following an in-depth review examining the alignment of the climate-related policies and activities of trade associations with BP’s positions, it will leave three U.S.-based organizations in an effort to reach its target of becoming a net zero company by 2050.

Impairments drag Subsea 7 into the red
Subsea 7 booked a loss in the last quarter of 2019 largely due to a $100 million impairment charge as its revenues dropped compared to the prior-year period.

Wellesley takes Dolphin rig for drilling ops offshore Norway
Dolphin Drilling has secured a one well plus one optional well contract with Wellesley Petroleum for drilling work on the Norwegian Continental Shelf.

Wintershall Dea comes up dry in Norwegian Sea appraisal well
Wintershall Dea is in the process of concluding the drilling of an appraisal well on the 6604/5-1 (Balderbrå) gas discovery in the northern Norwegian Sea. The well is dry.

AquaTerra buys subsea engineering and technology firm
AquaTerra Group has extended its capabilities with the acquisition of the trade and assets of subsea engineering and technology business SETS.

Russian firm orders more wellhead equipment from Plexus
Plexus’ Russian licensee, Gusar, has placed an order for an additional set of POS-GRIP exploration rental jack-up drilling wellhead equipment.

Shawcor wins work on Woodside’s Sangomar project
Shawcor has said that its pipe coating division has entered into a contract with Subsea 7 to provide thermal insulation coating services for Woodside’s Sangomar Offshore Project in Senegal.

Royal IHC to equip Normand Clipper CSV with power cablelay spread
Global Marine Group has awarded Royal IHC a contract for the design and delivery of an integrated power cablelay spread, which will be installed on its newly chartered vessel, Normand Clipper.

Serica intends to use Awilco rig for Rhum ops
Awilco Drilling has signed a letter of intent with Serica Energy for the provision of WilPhoenix rig for a one-well workover on the Rhum field offshore the UK.

Wintershall Dea cleared to use Scarabeo 8 rig in Norwegian Sea
Norway’s Petroleum Safety Authority has given its consent to Wintershall Dea for an exploration drilling in the Norwegian Sea, using the Scarabeo 8 rig.

Aibel ticks another milestone for Equinor’s Johan Sverdrup platform
Aibel has ticked off another milestone in the construction of the P2 platform for the Equinor-operated Johan Sverdrup project located offshore Norway.

Premier Oil hires DOF’s platform supply vessel
Offshore vessel owner DOF Rederi has been awarded a contract for one of its vessels by Premier Oil UK.

Saipem employees ‘stay at home’ over coronavirus fears in Italy
Following confirmed cases of coronavirus in Italy, the Italian oilfield contractor Saipem has advised its employees to stay at home. The company has also canceled and reduced to the minimum all missions to and from the risk areas abroad.

Cairn gains rig safety nod ahead of North Sea well
Norway’s Petroleum Safety Authority has given its consent to Capricorn for exploration drilling in the North Sea, using the Island Innovator drilling rig.