Fossil Energy

Popular news, January 20 – 26, 2020
Offshore Energy Today’s most popular news of the past week.

Creditor calls for ‘transparent responses’ over ‘unclear details’ of Premier’s North Sea deal
Premier Oil’s largest creditor, ARCM, has raised new concerns regarding Premier’s proposed acquisition of North Sea assets from BP and Dana Petroleum.

Seadrill taps Semco Maritime to prepare rig for Lundin gig
Semco Maritime has been awarded a contract by Seadrill for preparation and modification of the West Bollsta prior to starting its ten-well contract with Lundin on the Norwegian Continental Shelf in 2Q 2020.

Neptune hands out engineering and decom services deal for Dutch North Sea assets
Neptune Energy has awarded a four-year framework agreement for EPCIC (engineering, procurement, construction, installation & commissioning) and decommissioning services for brownfield modification to Stork Worley Integrated Solutions V.O.F. for its Dutch North Sea assets.

Greenpeace loses lawsuit appeal against Norway’s Arctic oil drilling plans
An Oslo appeals court has dismissed a lawsuit by environmentalists against the Norwegian government and its granting of new exploration licenses in the Arctic Barents Sea back in 2016.

Equinor, Eidesvik to construct first carbon-free ammonia-fuelled PSV
Norwegian oil major Equinor has signed an agreement with Eidesvik Offshore for the modification of the Viking Energy supply vessel for covering long distances fuelled by carbon-free ammonia.

Europa O&G still looking for partner to drill Inishkea prospect after ‘major’ backs out
An unnamed oil major has given up on farming into Europa Oil & Gas’ licenses located offshore Ireland and Europa is still looking to find a partner to drill its flagship Inishkea prospect.

Chrysaor submits decommissioning plan for Caister offshore platform
Chrysaor has submitted a plan for decommissioning of the Caister CM offshore platform in the UK North Sea to the UK authorities.

Dana awards Triton job to Ocean Installer
Dana Petroleum has awarded Ocean Installer a contract for work at the Triton Area Development, located in the Central North Sea around 190 km east of Aberdeen.

Offshore wind firm decommissions two Perenco’s gas platforms
Transport and installation services provider for the offshore wind industry Fred. Olsen Windcarrier has completed the offshore work related to decommissioning of two gas platforms for Perenco UK Limited.

Kazakhstan-based player to buy Caspian Explorer drilling vessel
Caspian Sunrise, an oil and gas company with a focus on Kazakhstan, has decided to buy the Caspian Explorer drilling vessel for $25 million.

BP chooses replacement as CFO decides to retire
British oil major BP has named a new chief financial officer (CFO) following the decision by the current CFO to retire from the company and step down from the BP board on June 30, 2020.

Shell farms into Egdon’s license duo offshore UK
Shell has signed a farm-in agreement to acquire 70 percent of Egdon Resources’ P1929 and P2304 licenses offshore the UK.

Eni and ADNOC to collaborate on carbon capture utilization and storage program
ADNOC has signed a strategic framework agreement with Italy’s energy company, Eni, to explore new opportunities for collaboration in carbon capture utilization and storage.