Fossil Energy
Plan to power oil & gas ops with floating wind unveiled in Azerbaijan
SOCAR and Technip Energies have signed a cooperation agreement which, among other things, will see the two companies working on a joint pilot project for powering upstream operations in Azerbaijan’s sector of the Caspian Sea with electricity produced by a floating wind turbine. If the project moves
World’s recoverable oil resources take a hit, Rystad says
The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.
Neptune implements gaming tech to digitise subsea wells
Neptune Energy has deployed a data visualisation platform based on 3D gaming technology to digitise its portfolio of subsea wells in Norway.
Energy transition takes spotlight in Aker Solutions’ record orderbook
Aker Solutions reported an order intake of NOK 12.2 billion in the second quarter of 2021, said to be the strongest in several years, of which about 60% is related to energy transition work. Aker Solutions saw its orderbook go up almost 30% in Q2 2021 compared to the same period last year, equaling
Carbon Clean to carry out FEED on Acorn carbon capture plant
CO2 separation tech provider Carbon Clean has been awarded the contract to carry out the front-end engineering design (FEED) services for the Acorn carbon capture plant at St Fergus.
MODEC and TOYO in talks for FPSO joint venture
Japan’s FPSO provider MODEC and Toyo Engineering Corporation are entering into talks to study an alliance for FPSO vessels.
PetroRio creates first private mature fields cluster in Campos Basin
Brazilian oil and gas company PetroRio has concluded the tieback between the Polvo and Tubarão Martelo fields, making it the first independent company to create a private cluster of mature fields in the Campos Basin region.
Woodside kicking off drilling campaign in Senegal
Australia’s Woodside plans to begin the drilling campaign for the Sangomar Field Development Phase 1 offshore Senegal this week.
Ardyne and Equinor jointly developing well decommissioning tech
UK-based Ardyne is launching a new joint industry project (JIP) with Norwegian energy company Equinor to further develop its well decommissioning technology TITAN RS.
Siem Offshore picks new chief financial officer
Offshore vessel owner Siem Offshore has named a new chief financial officer of the company, effective from 1 August 2021.
Schlumberger and Halliburton win big as ADNOC dishes out $763.7 million in new deals
UAE’s oil and gas giant ADNOC is making an investment of $763.7 million in integrated rigless services on six of its artificial islands.
Petrofac gets three-year gig in Southern North Sea
Petrofac has won a three-year contract with ONEgas, a cross-border asset between Shell UK and the Nederlandse Aardolie Maatschappij.
PetroRio hires Ocyan rig for Frade, Wahoo work off Brazil
Brazilian oil and gas company PetroRio has hired Ocyan Drilling’s semi-submersible rig for the Frade field revitalization campaign and the Wahoo field development.
FUELSAVE tech deployed on Seadrill drillship to cut emissions in decarbonisation push
FUELSAVE will deploy its combustion conditioning tech to reduce primary fuel oil consumption and cut emissions following a contract with Seadrill.