Fossil Energy

Ocean Edge Services backs subsea ops off Guyana
Ocean Edge Services has entered into an agreement with Atlantic Marine Supplies to support the needs of existing and new subsea operations in Guyana. The agreement comes as part of the need for servicing offshore oil production needs in Guyana, Ocean Edge Services said. According to the company, the

Schlumberger targets reservoir optimisation with mapping-while-drilling service
Schlumberger has launched PeriScope Edge, a multilayer mapping-while-drilling service, said to expand the depth detection range and improve resolution.

Wood gets first-ever government-backed green transition loan
Oilfield services company Wood has been awarded a first-ever government-backed green transition loan by UK Export Finance to seize new clean growth export opportunities.

Norway: July oil output on par with NPD predictions
Norway’s oil production in July 2021 was on par with predictions made by the Norwegian Petroleum Directorate (NPD).

Northern Drilling cancels drillship order from DSME
Billionaire John Fredriksen-owned offshore drilling firm Northern Drilling has cancelled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).

Maersk Drilling’s jack-up hired by Harbour Energy for UKCS work
UK-based oil and gas company Harbour Energy has hired Maersk Drilling’s jack-up rig Maersk Innovator to drill three subsea development wells in the North Sea.

ABB to provide power from shore for Jansz-Io field
A power and automation technology specialist ABB has been hired by Chevron and Aker Solutions to provide power from shore and subsea long step-out to Jansz-Io field offshore Australia.

Jersey sheds North Sea license duo unrelated to Greater Buchan Area
UK-based oil and gas firm Jersey Oil & Gas (JOG) has decided not to progress to the next license phase on two North Sea licenses since they are not part of the Greater Buchan Area project.

ABS to certify FPSO to be built for Lu Feng 12-3 oilfield
A floating production storage and offloading (FPSO) vessel ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 oilfield will be built to ABS Class.

Tracerco to inspect subsea pipelines in Gulf of Mexico
Tracerco has secured three contracts to perform subsea pipeline inspection for an undisclosed client in the Gulf of Mexico.

Lundin Energy cleared to drill North Sea wildcat well
The Norwegian Petroleum Directorate (NPD) has granted Swedish oil firm Lundin Energy a drilling permit for a well in the North Sea.

Wood expects $500 million worth of medium-term CCUS deals
Oilfield services company Wood believes there will be continued growth in the carbon capture utilization and storage market worth $500 million in potential medium-term CCUS projects.

Kent finalises buy of SNC-Lavalin’s oil and gas business
Dubai-based energy services company Kentech has completed the acquisition of Canada-based SNC-Lavalin’s oil and gas business.

Sakhalin Energy resumes LNG production from first train
The first LNG cargo has been loaded out from the Sakhalin-2 integrated gas system following a major turnaround campaign.