Fossil Energy
Saipem gets three contracts on BP’s Caspian project
Saipem, in consortium with Bos Shelf and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli (ACG) oil and gas field offshore Azerbaijan.
BP CEO Bob Dudley to retire
Bob Dudley, CEO of BP, has decided to retire from the position and from the company’s board in March 2020.
Shell sanctions North Sea gas project
Oil major Shell and its partner Ithaca Energy (UK) Limited have taken a final investment decision on the Pierce Depressurisation Project in the UK Central North Sea.
Eni investigation not closed for lack of evidence, U.S. DOJ clarifies
Following Eni’s statement last Tuesday about the U.S. Department of Justice’s closure of investigation into the company’s activities related to the Nigerian offshore license OPL 245, the DoJ has reportedly described it as ‘misleading.’
Rystad: BP and Shell on opposite sides of M&A ranking in last 5 years
European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil and gas sector during the last five-year period.
Nexans adds more time to ‘Polar King’ contract
GC Rieber Shipping has agreed with Nexans to extend the charter of CSV Polar King by four months.
Dolphin secures further Knarr work for Borgland Dolphin rig
Offshore drilling contractor Dolphin Drilling has secured further work for its Borgland Dolphin semi-submersible drilling rig to start in early 2020.
ODE takes installation operator role at Premier’s Tolmount
ODE Asset Management (ODEAM), a subsidiary of engineering and operations support services contractor ODE, has been appointed as an installation operator of the Tolmount Platform in the Southern North Sea.
Eidesvik orders Wärtsilä hybrid solution for construction vessel
Finland’s technology group Wärtsilä has been selected to engineer, supply, and commission a hybrid propulsion system for one of Eidesvik’s subsea construction vessels (CSV).
Subsea 7 buys out Norway’s 4Subsea in push to expand digital capability
Norwegian technology and services provider 4Subsea has been acquired by UK’s subsea engineering and construction company Subsea 7 in a 100% stock buyout.
Transocean deploys hybrid energy storage on floating rig
Transocean has deployed the world’s first hybrid energy storage system aboard a floating drilling unit.
Bourbon Rhode sinking: Fourth crew member confirmed dead
French offshore vessel owner Bourbon has confirmed the death of another crew member of the Bourbon Rhode anchor handling tug that sank over the last weekend.
LOTOS to supply natural gas produced in Norway to Polish firm
PGNiG Supply & Trading, a member of the Polish Oil and Gas Company Group (PGNiG), will become the exclusive recipient of natural gas produced in Norway by LOTOS Norge, a LOTOS Group company engaged in exploration and production activities on the Norwegian Continental Shelf.
Equinor awards ‘first ever service contract for subsea drones in oil & gas’
Norway’s Equinor has awarded Italy’s Saipem a subsea service contract using a wireless underwater intervention drone and an ROV.