Fossil Energy
EnerMech inks long-term contract with TAQA for North Sea services
EnerMech has secured a five-year contract with TAQA to support its UK Continental Shelf (UKCS) portfolio in the North Sea.
U.S. offshore rig count moves up after two weeks of inactivity
The number of offshore rigs in the U.S. increased to 15 units last week after being flat for two weeks in a row.
In focus: COP26 shows world a glimpse of how it could be
In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies
New alliance launched at COP26 aims to set an end date for oil and gas production
A new global alliance has been announced during the COP26 summit in Glasgow, aiming to seek a managed phase-out of oil and gas production.
Mystery buyer takes possession of Solstad vessel
Solstad Rederi, a subsidiary of the offshore vessel owner Solstad Offshore, has sold one of its vessels to an undisclosed buyer.
Norwegian player to hop on the CCS bandwagon
Lime Petroleum has inked a deal with Nautilus Carbon Services to take part in a carbon capture and storage (CCS) project in Norway.
Triangle cuts down decommissioning cost for Cliff Head
Triangle Energy has reduced the estimated cost of decommissioning of the Cliff Head field related infrastructure by nearly AU$11 million.
Neptune getting rid of non-core assets in Norway
Neptune Energy will divest its non-operated working interests in three producing fields and two export pipelines in Norway.
Vietnamese player completes first phase of TGT infill development drilling
HLJOC has completed the first phase of the TGT field infill development drilling programme offshore Vietnam.
Draft COP26 deal calls for phasing out fossil fuels subsidies as U.S. and China tie up for climate action
As the final day of the COP26 conference is approaching, the pressure to end the era of fossil fuels is mounting and all eyes are on Glasgow.
Sembcorp Marine integrates hull and topsides for Shell’s deepwater project
Sembcorp Marine has completed the integration of topside with a hull for the Vito FPU, which will be working in the Gulf of Mexico for Shell.
Empyrean executes drilling contract with COSL ahead of December spud
Empyrean Energy and COSL have executed the integrated drilling contract for the drilling of the Jade exploration well offshore China.
Petrobras picks PXGEO for OBN project
PXGEO has entered into an agreement with Petrobras to acquire an ocean bottom node (OBN) seismic project in Brazil.
Offshore regulator looking into incident on Equinor’s Troll C platform
The regulator has launched an investigation following findings of corrosion on Equinor-operated Troll C platform’s gas compressor coolers.