Fossil Energy
Australian oil & gas sector sees new decommissioning levy as ‘terrible precedent’
Australian oil and gas industry association has labelled a new levy by the government related to decommissioning costs for Laminaria-Corallina oil fields as over the top and extreme.
200-turbine floating wind oil & gas electrification project selects first supplier
Cerulean Winds, a company that recently unveiled a project for the production of green hydrogen and electrification of offshore oil & gas assets with 200 floating wind turbines off Scotland, has named the first of its delivery partners. The company has selected NOV as the exclusive provider of float
All 13 GMS vessels under contract after hat-trick award
Following the award of three new contracts, Gulf Marine Services (GMS) now has all 13 vessels in its fleet under contract.
TechnipFMC lands another subsea contract with Petrobras
TechnipFMC has secured a new subsea contract with Petrobras for the Búzios 6-9 fields offshore Brazil.
Horisont Energi inks LOIs for commercial carbon storage
Norwegian carbon tech company and driving force behind the Polaris carbon capture and storage project Horisont Energi has signed several letters of intent with major European companies, continuing its steady progress towards commercial carbon storage off the coast of Norway.
Valaris scores jack-up extension in Saudi Arabia
Offshore drilling contractor Valaris Limited has been awarded an extension for one of its jack-up drilling rigs in Saudi Arabia.
Jack-up rig selected to drill Buffalo well in October
Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, located offshore Timor-Leste.
Winds of change
The winds of change are coming for energy transition – but are they moving as fast as they could be?
Green light for Equinor’s $2.2 billion project in North Sea
Equinor’s plan for development and operation (PDO) of the Breidablikk field in the North Sea has been approved by Norwegian authorities.
Saipem rents ex-Ocean Rig drillship from Samsung Heavy
Saipem has signed a bareboat charter contract with Samsung Heavy for a new drillship, which will be delivered later this year.
EMGS lands additional multi-client and late sale contracts
Norwegian Electromagnetic Geoservices (EMGS) has secured an additional $1.2 million in prefunding for the upcoming Utsira High North Sea multi-client survey.
Allseas vessel delivers Morecambe Bay platforms to CessCon yard for decom
CessCon Decom has taken delivery of the DP3 and DP4 platforms from Spirit Energy’s Morecambe Bay development in the East Irish Sea.
Wood to pay $177M to settle US, UK, Brazilian bribery charges
Energy services company John Wood Group has resolved bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business.
TotalEnergies books Shelf rig for Nigeria wells
Offshore drilling contractor Shelf Drilling has secured a contract for a jack-up rig with Total E&P Nigeria for operations offshore Nigeria.