Fossil Energy
Hess reduces GHG emissions in 2020. New targets set for 2025
U.S. oil and gas company Hess Corporation has outperformed its five-year targets to reduce greenhouse gas emissions and set new targets for 2025.
Sarawak Basin seismic survey set for October
The consortium of PGS, TGS and Schlumberger’s WesternGeco has secured pre-funding for a 6,400 square kilometer multi-client 3D survey in the Sarawak Basin off the coast of Malaysia. The survey is the first phase of a multi-year contract awarded by Petronas last year to acquire and process up to 105,
Rival drillers eye Seadrill assets amid restructuring efforts
Rival offshore drilling contractors are reportedly looking to buy the assets of bankrupt Seadrill Limited, controlled by John Fredriksen.
Aquadrill mulls appeal after losing dispute against BP
Aquadrill Offshore, formerly known as Seadrill Partners, has lost in arbitration against BP related to claims for breach of a contract.
More work for Floatel as Equinor books Victory
Floatel has secured another contract for one of its units, this time with Norway’s Equinor for operations in Brazilian waters.
Baker Hughes posts 2Q loss despite signs of global economic recovery
Oilfield services provider Baker Hughes has reported a loss in the second quarter of the year although the company did book an increase in orders and revenues.
TotalEnergies and Technip to decarbonise LNG and offshore facilities
French energy major TotalEnergies and energy transition company Technip Energies have teamed up to decarbonise LNG plants and offshore facilities for the energy transition push.
CNOOC brings online another oilfield off China
CNOOC Limited has started production from its Luda 29-1 oilfield, which is located in the Bohai Sea offshore China.
Norway: June oil output below NPD predictions
Norway’s oil production in July 2021 was 3.6 per cent below predictions made by the Norwegian Petroleum Directorate (NPD).
Fugro hired for subsea inspection of Neptune’s Cygnus field
E&P company Neptune Energy has selected Fugro for subsea inspection of its Cygnus field in the UK’s southern North Sea.
Harbour Energy cuts guidance after electrical issues delay Tolmount first gas
Harbour Energy has had to lower its output guidance for 2021 as the first gas from its Tolmount field in the North Sea has been postponed.
BHP considering options for oil and gas. Exit might be on the cards
Australian oil and gas company BHP is considering what to do with its oil and gas assets with one of its options being a sale, as the firm is looking to focus on a low-carbon economy.
Prysmian to deliver subsea umbilicals to Petrobras
Prysmian Group has secured a contract to provide deep-water electro-hydraulic umbilicals and specialized offshore and logistic services to Petrobras.
Enauta producing from two Atlanta wells following repairs
Brazilian oil and gas company Enauta has resumed operations in one of the two producing wells in the Atlanta field that were shut down due to pumping system failures.