Fossil Energy
In focus: Getting to net-zero emissions and low-carbon economy
The recently held 2021 United Nations Climate Change Conference (COP26) brought to light many questions surrounding the transition to a more sustainable future, but more importantly the event showed that countries worldwide are committed to accelerate their decarbonisation plans, strengthening the e
Lex de Groot: “We have a Speaking Up Culture”
Listen to the Navingo Career Podcast episode #14 with Coco Kossmann as the host and Neptune Energy’s Lex de Groot as the latest guest.
Enauta plans to drill extra well on Brazilian field as FPSO talk resume
Brazil’s oil and gas company Enauta will be drilling an additional well on the Atlanta field located offshore Brazil to increase production.
New jobs for two Borr rigs
Borr Drilling has secured more work for two of its jack-up rigs, which will see one of them return from the warm stack to operational mode.
Petrobras gets hold of additional source of funds with $5 billion credit line
Brazilian oil and gas giant Petrobras has signed a revolving credit facility in the amount of $5 billion, maturing in December 2026.
Aker BP hires Subsea 7 for North Sea project
Offshore services provider Subsea 7 has won a contract with Norwegian Aker BP for the Hanz field development located in the North Sea.
Lundin asks Equinor to keep the operatorship of next Barents Sea production hub
Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has agreed to continue the operatorship.
Fresh extension for Shelf Drilling rig in Italy
Offshore drilling contractor Shelf Drilling has secured a contract extension for a jack-up rig for operations in the Adriatic Sea offshore Italy.
Beach Energy books DOF Subsea for Otway phase 5
Oil and gas E&P company Beach Energy has contracted DOF Subsea Australia for its Otway offshore phase 5 transport and installation project.
Subsea 7 bags Scarborough project deal
Oslo Børs-listed Subsea 7 has secured a contract to Subsea Integration Alliance with energy company Woodside for the Scarborough project offshore Australia.
Two Norwegian players abandon plans to merge decom operations
Aker Solutions and AF Gruppen have terminated their plans to merge the two companies’ existing decommissioning operations.
Creating blueprint for reusing old oil & gas assets in Gulf of Mexico
An old offshore platform in the Gulf of Mexico is set to be converted into a working fish farm, providing repurposing options for old oil & gas assets.
Woodside contracts Solstad PSV for Australian ops
Solstad Offshore has been awarded a long-term contract for one of its PSVs by Woodside to support operations offshore Australia.
Subsea 7 installs tech for improved access to reserves at Norwegian Sea project
Subsea 7 has completed the installation of electrical heat traced flowline (EHTF) for Aker BP’s Ærfugl phase 2 project in the Norwegian Sea.