Fossil Energy

TGS inks deal with Google Cloud, names new SVP of imaging
Norwegian seismic player TGS has named a new senior vice president of imaging and signed an agreement with Google Cloud for cloud-based on-demand computation power.

Three60 to deliver engineering services for Neptune’s UK assets
Energy services group Three60 Energy has won a framework contract to deliver engineering and support services for Neptune Energy’s UKCS portfolio.

Ex-Equinor man to join OKEA as new SVP of Project and Technology
OKEA has named a new Senior Vice President of Project and Technology.

Popular news, January 6 – 12, 2020
Offshore Energy Today’s most popular news of the past week.

Westwood: Appetite for finding oil not diminishing despite energy transition talks
The energy transition and extinction rebellion led the energy news agenda and discussions in company boardrooms in 2019, but the impact on exploration drilling is not yet apparent, according to market research provider Westwood Global Energy Group.

Equinor to pay $188 million to COSL after settling rig dispute
Offshore drilling contractor COSL has reached an agreement with Equinor in a dispute related to the validity of the termination of drilling rig contracts.

Subsea 7 to net up to $750 million for Sangomar job
Woodside has awarded a very large contract to Subsea Integration Alliance, between Subsea 7 and Schlumberger’s OneSubsea, for the Sangomar Field Development Phase-1 project located in the Sangomar Offshore and Sangomar Offshore Deep oil blocks, offshore Senegal.

Rystad: Exxon’s Guyana finds push oil & gas discoveries to four-year high in 2019
The world’s oil and gas explorers have discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates by energy intelligence firm Rystad Energy.

Consent for Equinor to use Transocean rig on Bauge field
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Transocean Norge drilling rig.

Russia and Turkey launch TurkStream gas pipeline
An opening ceremony for TurkStream gas pipeline, located in the Black Sea between Russia and Turkey, took place on Wednesday, January 8, 2020.

Equinor to extend the life of Statfjord field towards 2040
Equinor and its partners in the Statfjord area have identified and approved plans to extend production from the field towards 2040.

Shearwater wraps up seismic fleet expansion through CGG deal
Marine geophysical services provider Shearwater GeoServices has completed a transaction with CGG including the takeover of five seismic vessels and the five-year capacity agreement for marine seismic acquisition services.

New boss takes the helm at Providence Resources
Irish oil and gas company Providence Resources has appointed a new chief executive officer (CEO) with immediate effect.

Mammoet closes ALE acquisition
Dutch heavy lifting and transportation company Mammoet has created the ‘largest global provider of engineered heavy lifting and transport services’ after closing the acquisition of UK rival firm ALE.