Fossil Energy
DeepOcean inks subsea cable repair deal with Equinor
DeepOcean has secured a frame agreement contract by Equinor to provide contingency equipment and services for handling high-voltage subsea cables utilized for offshore renewables and oil and gas. The contract covers the provision of handling equipment and personnel for subsea high-voltage cable cont
SBM Offshore closes largest project financing in its history
SBM Offshore has completed the project financing of FPSO Sepetiba for a total of $1.6 billion, the largest project financing in its history.
Aker BP hands out first major contracts for North Sea development
Aker BP has awarded FEED contracts worth nearly NOK 700 million to alliance partners related to the development of NOA Fulla off Norway.
Norway’s mature areas licencing round attracts bids from 31 oil & gas players
The Norwegian Ministry of Petroleum and Energy has received applications from 31 companies in connection with the APA 2021 in Norway.
Longboat sees start of drilling ops on its first-ever exploration well
Vår Energi has started drilling the Rødhette exploration well, the first in a series of seven wells where Longboat Energy will participate.
DOF scores new contract and extension with Petrobras
DOF ASA’s Brazilian subsidiary has secured a new long-term contract and an extension for two of its AHTS vessels with Petrobras.
Beach Energy cleared for Tasmania 3D seismic survey
Beach Energy has received approval from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for its plan to carry out the Prion 3D marine seismic survey offshore Tasmania. NOPSEMA accepted the plan on 9 September with conditions and/or limitations for the
PGS concludes 3D survey in Barents Sea with new records
PGS has completed a simultaneous node and streamer acquisition for Lundin Energy and partners in PL1083 in the Barents Sea.
Severstal keeps focus on Offshore Projects
Author of the Article: Konstantin BarabashHead of the Technical Sales Department for Export markets, Sales and Business Development in EnergyPAO Severstal Large-diameter pipes for oil and gas transportation Today, onshore oil and gas fields are in depletion phase, and one of the most promising ways
Halliburton to execute Energean’s drilling campaign off Israel
Halliburton has been awarded an integrated services contract to execute a drilling and completions campaign for Energean in Israel.
Chevron triples capital investment to drive lower carbon ambitions
Chevron announced during its Energy Transition Spotlight its plans to invest $10 billion to grow lower carbon energy businesses.
Report: Ithaca to buy Marubeni’s North Sea assets for $1 billion
Ithaca Energy has reportedly agreed to acquire Marubeni’s oil and gas assets in the North Sea in a deal valued at $1 billion.
Former boss of RWE Renewables to help lead BP’s business transformation
BP has elected a former CEO of RWE’s renewable business to head its gas & low carbon energy business as the current head is leaving.
Brazil’s CBO buys rival player Finarge in $94 million deal
Brazil’s CBO closed the acquisition of compatriot rival Finarge, acquiring five AHTS vessels in the transaction.