Fossil Energy
What’s ahead for offshore energy workforce as the world strives for net-zero?
As the energy transition is accelerating across the offshore energy industry, a question arises: what will happen to its workforce?
Shell to appeal ‘historical’ Dutch court ruling on emissions cuts
Oil major Shell has confirmed it will appeal a ruling issued by a Dutch court ordering the energy company to accelerate its carbon emission reduction target.
Biden clean energy plan key to straightening out energy job losses
The U.S. energy sector lost 10 per cent of its workforce last year due to the Covid-19 pandemic and one of the critical ways to revitalise the industry is President Biden’s clean energy plan.
Borr rig kicks off Kistos’ Dutch North Sea drilling campaign
Borr Drilling’s Prospector-1 jack-up drilling rig has arrived at Kistos’ Q10-A field in the Dutch North Sea and started the company’s 2021 drilling campaign.
Aker BP makes minor gas discovery in Barents Sea
Oil and gas company Aker BP has made a minor gas discovery south of the Korpfjell gas discovery in the Barents Sea, the Norwegian Petroleum Authority (NPD) said.
Santos bid to form $16 bln regional powerhouse rejected by Oil Search
The Papua New Guinea-focused oil, gas, and LNG producer Oil Search has rejected a merger offer made by Australia’s energy major Santos.
PGS concludes CSEM technology sale
PGS has completed the sale of the hardware, software and intellectual property associated with its towed streamer Controlled Source Electro-Magnetic (CSEM) system to Ocean Floor Geophysics (OFG). The two parties signed an agreement in September 2020 under which OFG acquired the exclusive rights to u
IOG completes challenging Elgood well, but delays affect first gas timing
UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea. However, the company has experienced mechanical challenges during drilling operations, which resulted in an extended duration. As a result, the first gas from IOG’s Core project has b
OPEC & allies agree to boost output from August and phase out cuts in September 2022
OPEC and allies have agreed to increase oil production starting from August 2021 with plans to end production cuts by end of September 2022.
ExxonMobil elects new senior VP and CFO as Swiger plans to retire after 43 years
Andrew Swiger has decided to retire as senior vice president of ExxonMobil while Kathryn Mikells has been elected as senior VP and CFO.
Saipem lays more than 100km of Baltic Pipe pipeline
Saipem’s pipelay vessel Castorone has laid more than 100 kilometers of the offshore pipeline for the Baltic Pipe project in the Baltic Sea. The 275-kilometer long Baltic Pipe will create a new corridor supplying gas from Norway to the markets in Poland, Denmark and also neighboring countries. Castor
Activists occupy UK government building in protest against Cambo oil project
Activists have occupied a UK government building as part of a protest against the approval of Siccar Point’s Cambo offshore project.
Petrofac eliminates need for offshore surveys with digital process
Petrofac has collaborated with James Fisher Asset Information Services to eliminate the need for offshore surveys ahead of modifications.
Santos’ Bonaparte Basin seismic survey plan open for comments
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is inviting public comments for Santos’ proposed 3D seismic survey in the Bonaparte Basin. Santos is proposing to undertake a 3D seismic marine survey over petroleum permit areas WA-454-P, WA-545-P, WA-27