Fossil Energy
Iran starts drilling ops in Persian Gulf in search of fresh reserves
POGC has started drilling operations in an attempt to find new hydrocarbon reserves at the South Pars gas field in the Persian Gulf.
Vår Energi CEO now member of Norwegian Oil and Gas Association’s board
The CEO of Vår Energi has been appointed as one of the new board members of the Norwegian Oil and Gas Association (NOROG).
Gulf Island expands services business with $8 million worth takeover
Gulf Island has acquired the business assets and operations of DSS in a deal worth $8 million to grow and diversify its services business.
New CFO to join Dril-Quip next year
Dril-Quip has found its new CFO after engaging the services of an executive search firm, which assisted with the selection process.
Samsung Heavy gets rid of ex-Ocean Rig drillship with hopes to sell three more
South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillship to an unnamed European company.
UK port set for revival with plans to recycle old rigs into foundations for floating wind farms
UK’s Ardersier Port, which was one of the largest oil rig fabrication yards in the world, is now set to be transformed into Europe’s first fully circular energy transition facility.
TechnipFMC delivers fourth subsea tree for Lambert Deep project
TechnipFMC’s team in Perth, Australia, has delivered the fourth Subsea 2.0 tree for Woodside’s Lambert Deep project located offshore Northwestern Australia.
Harvey Gulf to usher in net carbon neutral fleet in bid to cut emissions
Harvey Gulf is working to deliver a fleet of offshore vessels that will be operating in a net carbon neutral capacity.
Vysus to inspect Well-Safe’s rig ahead of upcoming North Sea decom gigs
ModuSpec has been chosen to verify whether the Well-Safe’s rig is fit for purpose to complete the upcoming decom campaigns in the North Sea.
TechnipFMC’s Ghana team marks first subsea tree assembly in five years
TechnipFMC’s Takoradi base in Ghana has completed the assembly of its first subsea tree in five years, destined for Tullow Oil’s Jubilee South East development. The tree is the first of ten being manufactured in Dunfermline, the UK, then assembled and tested in-country for Tullow’s full field develo
Report reveals decline in UK North Sea well numbers but better success rates
UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved.
Chevron plans $15 billion spending budget for 2022
Chevron has revealed its 2022 organic capital and exploratory spending programme of $15 billion, at the low end of its $15-$17 billion range.
BP buying JX Nippon’s stakes in North Sea fields
UK oil and gas giant BP has agreed to buy JX Nippon’s interests in the Andrew area located in the UK North Sea.
TotalEnergies spuds Namibian ultra-deepwater well
TotalEnergies has started drilling the Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned drillship.