Fossil Energy

Premier preparing logistics base for drilling operations in Brazil
APM Terminals has entered into a partnership with Brasco, a Wilson Sons Group company, to set up a logistics base in Brazil to support Premier Oil’s drilling operations on Block 717.

Maersk Drilling scores two-well drilling extension with Aker BP
Danish offshore drilling contractor Maersk Drilling has been awarded a two-well contract extension from Aker BP for the Maersk Integrator low-emission rig.

Eidesvik scoops 5-year deal for Viking Energy PSV from Equinor
Norwegian oil major Equinor has awarded a contract for one of Eidesvik Offshore’s platform supply vessels.

KCI to design platform from jack-up rig for Perenco
Employee-owned engineering, planning, and construction firm KCI has been awarded a contract for the detailed design of the Greenfield scope of the Southern Hub Asset Rationalisation Project (SHARP) by Perenco UK.

Wärtsilä’s power solution to decrease need for maintenance on NUIs
Finland’s technology group Wärtsilä has introduced an agreement-based power solution for new normally unattended offshore installations (NUIs).

Popular news, January 13 – 19, 2020
Offshore Energy Today’s most popular news of the past week.

RockRose to hand over Brae operatorship to TAQA
RockRose Energy will be passing operatorship of the Brae Area, in the UK North Sea, to TAQA following court proceedings brought on by TAQA and other partners in the field.

GC Rieber picks up charter renewal for crew-boat tandem
Norwegian offshore vessel owner GC Rieber Shipping has won a contract extension for a tandem of crew-boats.

TechnipFMC separation on track for completion in first half of 2020
TechnipFMC has reaffirmed that its planned transaction to separate into two companies, TechnipFMC and Technip Energies, is well on track for completion in the first half of 2020.

Norwegian oil output in December exceeds forecast
Norwegian oil production during December 2019 rose nearly 13 percent above prediction made by the Norwegian Petroleum Directorate (NPD), according to the directorate’s report on Friday.

Court allows Premier Oil to move ahead with debt plan to buy North Sea assets
Premier Oil has received a court approval to go ahead with a plan to have its creditors vote to extend debt maturities and buy UK North Sea fields from BP and Dana Petroleum.

Activists block Shell’s headquarters in Aberdeen
Activists from Extinction Rebellion movement have blocked an entrance to oil major Shell’s headquarters in Aberdeen, Scotland.

Pacific Drilling ordered to pay $320 million to Samsung over drillship order cancellation
Pacific Drilling has been ordered to pay $320 million to Samsung Heavy following the completion of an arbitration case related to termination of a construction contract for the drillship Pacific Zonda

OGA chairman: O&G industry must do more to help solve climate change challenges
Chairman of the Oil and Gas Authority, Tim Eggar, has said that, if the industry wants to survive and contribute to the energy transition, it has to adapt.