Fossil Energy

Trendsetter Engineering secures Shenzi North job
Trendsetter Engineering, Inc. (TEI) has signed a framework agreement with BHP to support the Shenzi North project in the U.S. Gulf of Mexico.

GMS nets two contract extensions with higher rates
GMS has been awarded two contract extensions with increased day rates for its small-size class and mid-size class vessels.

Tullow pre-empts Occidental’s sale of stakes in two Ghana fields to Kosmos
Tullow Oil has exercised its right of pre-emption to the sale of Occidental’s stakes in the Jubilee and TEN fields in Ghana to Kosmos Energy.

TGS, BGP, CGG kick off 3D seismic survey off Suriname
A consortium of TGS, CGG and BGP has commenced the acquisition for Phase 1 of the Suriname 3D project.

Vår Energi aims for net-zero emissions from all 35 oil & gas fields by 2030
Norwegian oil and gas company Vår Energi is setting new climate goals, aiming to be climate neutral in Scope 1 and 2 activities by 2030.

Noble shareholders voice concerns over Maersk merger plans despite ‘appealing optics’
Following an announcement that Maersk Drilling and Noble Corporation are merging, certain shareholders have voiced their concerns.

Shelf Drilling expects improvement in global jack-up demand and pricing
Shelf Drilling has revealed that 27 of its jack-up rigs are under contract and it expects to see an improvement in the global jack-up demand.

DeepOcean gets to work in US Gulf of Mexico
DeepOcean has secured a frame agreement contract with an undisclosed U.S.-based operator for the delivery of engineering, project management, and vessel support to conduct a range of subsea activities throughout 2022.

Equinor assembling supplier team for Barents Sea project
Equinor is putting together a team of Norwegian suppliers for the development of its operated Wisting field in the Barents Sea.

Maersk Drilling to merge with Noble
Danish offshore drilling contractor Maersk Drilling has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction.

Baker Hughes and Shell unite to speed up global energy transition
Baker Hughes and Shell have joined forces to speed up the energy transition and reach net-zero carbon emission goals.

Aquaterra to support BW Energy’s rig conversion job
Offshore energy engineering solutions provider Aquaterra Energy has been awarded a $4.4 million contract with BW Energy.

Two Saudi players team up, aiming to be one of the world’s most competitive OSV builders
IMI has signed a long-term agreement with Zamil Offshore for the delivery of OSV building and MRO services in Saudi Arabia.

Tullow brings in first Ghanaian-owned vessel to support O&G ops
Tullow Oil has taken delivery of the first Ghanaian-owned and Ghanaian-flagged vessel, which will support oil and gas activities in Ghana.