Fossil Energy
Keppel receives request for arbitration in $42.5M dispute
Two of Keppel Offshore and Marine Limited’s wholly-owned subsidiaries have received a request for arbitration from an unnamed company for two FPSO contracts.
Wellesley and Equinor swap development assets in Norway
Wellesley Petroleum and Equinor have signed a sale and purchase agreement covering several development assets located in Norway.
Santos boasts record production rate after first oil from Van Gogh phase 2
Santos has produced the first oil from the Van Gogh Phase 2 infill development, located offshore Australia.
Sembcorp Marine-built Tyra topsides set sail for Denmark
Singapore’s offshore builder Sembcorp Marine has completed the fabrication of two wellhead topsides, one riser topside, and two bridges for deployment to TotalEnergies’ redeveloped Tyra field located in the Danish North Sea.
U.S. offshore rig count stays flat for two straight weeks
The number of active offshore rigs in the U.S. remained stuck at 17 for the second week in a row, according to weekly rig count reports by Baker Hughes.
In focus: Energy transition drives development of zero-emission fuels across all sectors
Renewable electricity has been a remarkable success over the past 20 years, but the same cannot be said for other energy uses. However, the global energy transition trend stands to change this as witnessed in a week behind us by a number of collaborative initiatives launched to address the challenge
EnQuest’s decom plan for Heather topsides gets green light
EnQuest has received approval from the UK authorities for its decommissioning programme for the Heather topsides in the UK North Sea.
Awilco to challenge tribunal decision over UK tax bill
Awilco Drilling has lost an appeal over a £6.8 million tax bill, arising from the termination of a drilling contract for one of its rigs.
Petrobras 2Q production on par with last year regardless of ramp-ups on two FPSOs
Brazil’s state-owned oil major Petrobras had an average production of 2.754 million barrels of oil equivalent a day in the second quarter, an increase from the first quarter but a minor decline when compared to the same quarter in 2020.
Sapura scores new deals worth over $284 million
Malaysia’s Sapura Energy has secured new contracts and extensions in Malaysia and Thailand with a combined value of $284.2 million.
Shell cheers first gas from Trinidad and Tobago project
Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago.
Borr to add nearly $16 million in revenues with new deal in Mexico
Offshore drilling contractor Borr Drilling has received a letter of award from an international oil company for additional work in Mexico.
Transocean finds work for five drillships and four semi-subs
Transocean has secured new contracts for five drillships and four semi-submersible rigs but also received a termination for one of the rigs.
Woodside shareholders not happy as report links it to BHP oil and gas assets buy
An unsourced media report in The Australian claimed that Australia’s energy major Woodside was negotiating to buy some or all of BHP’s oil and gas assets.