Fossil Energy
Finder Energy adds new license to UK North Sea portfolio
Perth-based Finder Energy has bought another UK North Sea license from Azinor Catalyst Limited – the highly prospective P2317 license named Goose.
Shell to raise shareholder returns amid ‘strong cash generation’
Driven by strong cash generation, oil major Shell will be increasing its returns to shareholders through share buybacks or dividends.
Woodside closes Sangomar buy. Drilling to start next week
Australian firm Woodside has completed the acquisition of FAR Limited’s entire participating interest in the Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD) joint venture.
First new Tyra platform set to sail away from Singapore
The first new platform for the TotalEnergies-operated and delayed Tyra project, located in the Danish North Sea, is now ready to sail away.
FPSO delays and cost overruns impact first gas timing at Greater Tortue Ahmeyim project
The BP-operated Greater Tortue Ahmeyim project in Mauritania and Senegal has experienced delays and cost overruns due to the Covid-19 pandemic.
Neptune renews Petrofac contract on Cygnus
Oilfield services provider Petrofac has been awarded a three-year contract extension from Neptune Energy valued in the region of $14 million.
EnQuest closes acquisition of Whalsay’s Bentley field in UK North Sea
UK oil and gas company EnQuest has completed the buy of a 100 per cent equity interest in the P.1078 license containing the proven Bentley heavy-oil discovery from Whalsay Energy.
Enauta shuts down two wells on Atlanta field due to pump failure
Brazilian oil and gas company Enauta has stopped production at two of its three wells in the Atlanta field, located in Block BS-4 offshore Brazil.
Aker Solutions inks contract for Jansz-Io compression project
Aker Solutions has signed a contract with Chevron Australia for the supply of subsea compression technology for the Jansz-Io Compression (J-IC) project offshore Western Australia. As part of the deal announced earlier this month, Aker Solutions will provide engineering, procurement and construction
BP cheers biggest Shah Deniz milestone in 2021 after deepwater flank start-up
The BP-led Shah Deniz consortium has started production from the East South flank – the biggest milestone planned for the project this year.
Pemex: No environmental damage caused by ‘Eye of fire’
Days after a fire on the ocean surface dubbed the ‘Eye of fire’ in the Gulf of Mexico was put out, Mexico’s national oil company Pemex stated that environmental damage was avoided due to quick action by its workers.
Disappointed Talos to explore legal options over Mexico’s Zama decision
A very disappointed Talos Energy will be exploring legal options following a decision by the Mexican government, making Pemex the operator of Zama.
Parque das Baleias seismic acquisition impending
Shearwater GeoServices is set to begin the seismic acquisition and multiphysics surveys for Petrobras’ Parque das Baleias project in the Campos Basin offshore Brazil. The seismic acquisition with Ocean Bottom Nodes (OBN) technology and new multiphysics surveys, including magnetometric and gravimetri
Carnarvon Petroleum joins ‘net-zero by 2050’ club
Australian oil exploration company Carnarvon Petroleum has decided to become a net-zero emissions energy business by 2050 if not earlier.