Fossil Energy

ADNOC hands out $1.5 billion in new deals to progress mega gas project
ADNOC has awarded two engineering, procurement, and construction (contracts totalling $1.46 billion for the Dalma Gas Development Project.

Gate Energy targets Latin American market with new office in Mexico
Gate Energy has expanded its global footprint with a new office in Mexico City, hoping to use it as a springboard to increase its customer base by providing services for the onshore and offshore industry to the rest of the Latin American region.

Fresh deal with Dana to create new jobs at PD&MS in Aberdeen
PD&MS Group has secured a modifications contract with Dana Petroleum, which is expected to create up to 80 jobs at its Aberdeen base.

First Gulf of Mexico lease sale under Biden gathers over $191 million in high bids
The U.S. government agency BOEM has held an oil and gas lease sale for acreage in the Gulf of Mexico, cashing in more than $191 million in high bids.

Aker Solutions’ subsea production system for Mero 4
Aker Solutions has secured a contract with Petrobras to provide a subsea production system and related services for the Mero 4 project offshore Brazil.

With Chapter 11 emergence in sight, Seadrill reveals new board members
Seadrill Limited has revealed its new board structure as the company is preparing to emerge from the Chapter 11 bankruptcy.

Sturgeon comes out against Cambo oil project as Scotland mulls joining alliance to end oil & gas use
Scotland’s First Minister, Nicola Sturgeon, has expressed her belief that the Cambo oil project off Shetland should not get the green light.

SBM Offshore to build its largest producing unit ever for ExxonMobil
SBM Offshore has been awarded contracts to perform FEED for an FPSO for the Yellowtail development project offshore Guyana.

Climate policies should focus on demand as falling costs make new oil cheaper to produce, Rystad says
An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.

TotalEnergies’ well flow test off Suriname supports hopes for oil development hub
TotalEnergies and APA Corporation have completed a flow test at an appraisal well off Suriname, confirming an excellent quality black oil reservoir.

Maersk rig booked for new job in Dutch North Sea
Maersk Drilling has been awarded a contract with ONE-Dyas, which will employ a jack-up rig to drill exploration wells in the Dutch North Sea.

Several players team up to usher in new era of low carbon workforce in Scotland
In a move designed to support and build Scotland’s low carbon workforce, OPITO joined forces with the Acorn Project and Scottish Cluster to create a plan for industrial skilling and reskilling training.

Well-Safe’s new director to play key role in expansion
Well-Safe Solutions has appointed a new director for strategy and business development, expected to secure more work for the firm’s decommissioning rigs and play a crucial role in further business expansion.

North Sea workers vote for all-out strike in push against job & pay cuts
Following a dispute over cuts, Unite has revealed plans to take industrial action, after workers cast their votes to undertake strike action.