Fossil Energy

Two new jobs to keep Island Drilling busy in UK and Mauritania
Island Drilling has secured two new contracts, one with Petrofac in the UK North Sea and another with Maersk Decom for work in Mauritania.

PGNiG secures Odfjell rig for drilling ops off Norway
PGNiG has awarded a one-well contract to the offshore drilling contractor Odfjell Drilling for drilling operations offshore Norway.

Valaris rig finally en route to drill for Carnarvon
Carnarvon Energy has informed that the Valaris JU-107 jack-up drilling rig is currently en route to the Buffalo-10 location in the Timor Sea.

Liquidity boost for Talos Energy as it works to grow carbon capture and storage business
Talos has increased its liquidity and expanded financing flexibility for energy transition opportunities, including CCS projects.

Petronas awards offshore blocks in push to maximise value of Malaysian hydrocarbon resources
Malaysia’s Petronas has awarded 6 of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021.

Siem Offshore bags new deals for Australian ops
Siem Offshore has secured long-term contracts for two platform supply vessels, which will carry out operations offshore Australia.

Norway’s November oil output below predictions over technical glitches
Norway’s oil production in November 2021 fell behind the NPD’s predictions due to technical issues, while the gas output also decreased.

Aker BP to merge with Lundin Energy in bid to create leading E&P player of the future
Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.

Petrofac scores renewal deal for Neptune’s North Sea assets
Petrofac has secured a two-year contract extension for the provision of engineering services to Neptune’s platforms in the North Sea.

Enauta firms up FPSO deal for Brazilian field with Yinson
Enauta has signed a Letter of Intent with Yinson for the provision, operation and maintenance of an FPSO for the Atlanta field off Brazil.

TotalEnergies signs deals with Oman on Marsa LNG
French energy major TotalEnergies has signed a series of agreements with the Sultanate of Oman for the development of low-carbon natural gas projects, including Marsa LNG establishment.

Chevron signs farm-out deal with Shell for block offshore Suriname
Oil majors Chevron and Shell have worked out a farm-out agreement for Block 5, located offshore Suriname.

Norwegian authorities give go-ahead for Equinor’s North Sea electrification project
Norwegian Ministry of Petroleum and Industry has approved a plan for the development and operation of Equinor’s Troll field in the North Sea.

GMS lands two new contracts, spurring its hopes for higher rates and fleet utilisation
GMS has won two new contracts for two of its large-size class vessels and expressed hopes for higher rates and improved fleet utilisation.