Fossil Energy

Equinor gearing up for North Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat and an appraisal well in the North Sea.

H&P to invest $100 million in ADNOC Drilling IPO
U.S.-based rig technologies and drilling solutions provider Helmerich & Payne will invest about $100 million in ADNOC Drilling’s IPO.

Terra Nova partners sanction life extension project
Suncor and its Terra Nova partners have finalized the agreement to restructure the ownership and move forward with the life extension project.

Talos assets not responsible for Gulf of Mexico oil spill
Houston-based Talos Energy has declared that its assets are not liable for the oil spill in the U.S. Gulf of Mexico.

Giant heavy lift vessel removes North Sea platform for Ithaca
Ithaca Energy has started decommissioning operations at a field located in the UK sector of the North Sea, using a giant heavy lift vessel.

BP restarting two Gulf of Mexico platforms following Ida
In the aftermath of Hurricane Ida, BP is in the process of restarting its Gulf of Mexico production, resuming operations at two platforms.

Petrobras puts two Santos Basin fields up for sale
Brazilian Petrobras has started the sales process for two of its operated fields located in the Santos Basin offshore Brazil.

Workers going back to another Shell platform in Gulf of Mexico
Shell is returning its workers to another Gulf of Mexico asset following an evacuation due to Hurricane Ida but the majority of output remains offline.

Vår Energi granted permit to drill Barents Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Vår Energi a drilling permit for a wildcat well located in the Barents Sea off Norway.

Noreco enters CCS project in Danish North Sea
Noreco has entered into a CCS partnership with Ørsted and DTU together with partners in the DUC on progressing CCS in the Danish North Sea.

ADNOC to float drilling unit in Abu Dhabi IPO
Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO).

Western Gas finds partner to help with drilling costs for Australian well
Western Gas has reached an agreement with Global Oil and Gas to help with the financing for the Sasanof-1 exploration well.

New CEO to lead Peterson from 2022
Peterson has revealed that Sarah Moore will succeed Erwin Kooij as CEO, following his retirement from the business on 1 January 2022.

Shell and Kongsberg in pact for digital transformation of wells
Shell and Kongsberg have entered into a strategic partnership agreement to collaborate and accelerate digital solutions and transformation.