Fossil Energy

ExxonMobil earmarks $15 billion for lower-emission spending over next six years
ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years.

Lundin adds extra well to Odfjell rig’s backlog
Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.

Stena rig moving out of North Sea to Morocco for Chariot well
Africa-focused Chariot has revealed that the Stena Drilling-owned Stena Don rig has started its mobilisation to Morocco.

Maersk rig re-hired for North Sea well
Maersk Drilling and Petrogas have agreed to exercise the previously agreed option to employ a jack-up rig to drill a well in the UK North Sea.

Neptune picks Maersk Supply for UK decommissioning job
Neptune Energy has awarded Maersk Supply Service (MSS) with a decommissioning contract for the removal of subsea infrastructure at the Juliet field in the UK.

Orcadian moving on with development plan for North Sea field as OGA okays concept
Orcadian has received no objection from the OGA for the development concept designed for the Pilot field in the North Sea.

Lundin’s Norwegian branch to get new managing director
Lundin Energy Norway has revealed a new managing director will take over the position next year, as the current one intends to step down.

Floatel expects modest utilisation levels for accommodation fleet
Floatel expects the overall utilisation of the accommodation fleet to remain at modest levels in the near term.

SBM Offshore and Petrobras firm up Mero FPSO deal
FPSO operator SBM Offshore has signed contracts with Petrobras for the 22.5 years lease and operation of FPSO Alexandre de Gusmão.

Nord Stream 2 is Merkel’s biggest mistake, says ex-EU Council president
The decision to build the Nord Stream 2 gas pipeline was the biggest mistake of Germany’s Chancellor Angela Merkel, Polish news outlet PAP reported the former president of the European Council Donald Tusk as saying at a recent conference.

BP loads 1000th tanker of crude oil at Black Sea terminal
The BP-operated Western Route Export Pipeline has loaded the 1000th tanker at the Supsa terminal on the Black Sea.

PTTEP strikes another gas find in shallow waters off Malaysia
PTTEP and its partner Petronas have made a second gas discovery in Block SK417 off the coast of Sarawak, Malaysia.

Carnarvon still waiting on delayed Valaris rig to drill Buffalo well
Carnarvon Energy is waiting for a Valaris-owned rig to arrive at a drilling location in the Timor Sea and drill the Buffalo-10 offshore well.

Eni and CNR prolong partnership to tackle energy transition challenges
Eni and the CNR have extended their collaboration to navigate the challenges imposed by the energy transition.