Fossil Energy

Noble Corp. lands more work for two drilling rigs
Noble Corporation has secured more work for two of its drilling rigs while one jack-up unit has been warm stacked in the UK.

BP fires up the fourth of five major projects expected in 2021
Oil major BP has started production at the fourth of five major projects expected to be delivered globally in 2021.

Norway offers four licences to seven oil & gas players
Seven oil and gas companies have been offered four production licences located offshore Norway as part of the country’s 25th Licensing Round.

Baker Hughes and Borg CO2 to collaborate on Norwegian CCS hub
Oilfield services major Baker Hughes and Norwegian carbon capture and storage developer Borg CO2 have signed a memorandum of understanding (MOU) to collaborate on a CCS project to serve as a hub for the decarbonization of industrial sites in the Viken region of Norway.

Heerema’s Sleipnir breaks lifting record in Norwegian waters
Heerema’s Sleipnir, the LNG-powered world’s largest semi-submersible crane vessel, has set a record for the heaviest crane lift in Norwegian waters.

EnQuest renews Kittiwake gig for Petrofac
Petrofac will build on its 18-year tenure supporting the Kittiwake platform, following the award of a contract extension from EnQuest.

Schlumberger commits to reaching net-zero by 2050
Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas (GHG) emissions by 2050.

Valaris rig booked for three-year job in Qatar
Offshore drilling contractor Valaris has been awarded a three-year contract with North Oil Company offshore Qatar.

UK’s OGA orders zero routine flaring & venting for all by 2030 latest
UK’s Oil and Gas Authority has issued an updated guidance on flaring and venting, which sets out a tougher approach to driving reductions.

Solstad Offshore gets rid of third PSV in two months
Norwegian shipowner Solstad Offshore has sold one of its platform supply vessels (PSV), making it the third vessel sale in two months.

Aramco closes $12.4 billion pipeline business stake sale
Aramco has completed the sale of a 49 per cent stake in the newly formed Aramco Oil Pipelines for $12.4 billion to an international investor consortium led by the U.S.-headquartered EIG. Aramco continues to hold a 51 per cent majority stake in the subsidiary and retains full ownership and operationa

Dyna-Mac secures more FPSO work
Singapore’s Dyna-Mac has secured additional work scope from existing customers, for a total provisional contract sum of about $6 million.

ExxonMobil white-collar jobs at risk amid performance review start
Energy supermajor ExxonMobil is preparing to reduce its U.S. offices headcount by up to 10 per cent annually for the next three to five years.

Lundin hires CGG for Barents Sea seismic imaging
CGG has secured a contract by Lundin Energy Norway to carry out seismic imaging of a node and streamer 3D survey in the Barents Sea. Under the contract, CGG will provide imaging of an innovative simultaneous node and streamer 3D survey currently being acquired over a 3,700 km2 area of the Nordkapp B