Fossil Energy
Trident warming up for three-well campaign as E. Guinea works to offset declining output
Following the arrival of a jack-up rig, Trident Energy is gearing up to drill three wells at its operated field located off Equatorial Guinea.
Karoon adds more wells to Maersk rig backlog
Karoon has exercised an option to add two wells at the Patola field offshore Brazil to the work scope of a Maersk Drilling-owned rig.
MODEC firms up contract award for one of largest FPSOs ever in Brazil
Japan’s FPSO operator MODEC has firmed up a contract award with Equinor to deliver one of the largest FPSOs ever delivered to Brazil.
Danes repeal Baltic Pipe environmental permit
The Danish Environmental and Food Appeals Board has ruled to repeal the permit for the onshore part of the Baltic Pipe gas pipeline, which the Danish Environmental Protection Agency granted back in July 2019. According to the appeals board, the permit from the Environmental Protection Agency did not
MMA reveals contract wins in Asia Pacific
MMA Offshore has secured a new contract to carry out survey work at an offshore wind project in Taiwan, as well as a contract extension for the Australian Ichthys natural gas field. MMA will use two third-party chartered vessels to undertake geophysical and visual surveys to understand elements such
Karoon to more than double output rates with new project off Brazil
Australia’s Karoon has taken the Final Investment Decision to proceed with the development of the Patola project located offshore Brazil.
ExxonMobil board to get third climate activist
After initially losing two board nominees to Engine No. 1, ExxonMobil said the activist firm would have three board seats after announcing all twelve board nominees.
TechnipFMC wins first iEPCI contract offshore Brazil
TechnipFMC has won its first integrated engineering, procurement, construction and installation (iEPCI) contract in Brazil by Karoon Energy for the Patola field. The contract covers engineering, procurement, construction and installation of subsea trees, flexible pipes and umbilicals. The project wi
Rystad: No more trillion-dollar oil & gas tax revenues as energy transition ramps up
Global petrostates can forget trillion-dollar from oil & gas tax revenues as the accelerating energy transition bites, Rystad Energy said.
Valaris scores second rig deal in two days
Offshore drilling contractor Valaris is still on a hot streak as it secured another contract extension, this time with Norwegian oil major Equinor.
KCA Deutag bags $550 million in new platform drilling contracts
KCA Deutag has secured a contract award and two contract extensions for platform drilling services in Russia, UK, and the Norwegian North Sea.
Lukoil, Baker Hughes ink memorandum of cooperation
Oilfield services major Baker Hughes and Russian independent oil company Lukoil have signed a memorandum on cooperation.
Tullow Oil chair decides to step down
UK-based non-executive chairperson of oil and gas firm Tullow Oil has decided to step down from the board of the company.
CCB Subsea lands Draugen subsea life extension job
OKEA has awarded CCB Subsea with a five-year agreement for subsea life extension services on the Draugen field offshore Norway. In relation to OKEA’s strategy to maintain production until 2040 on Draugen, the company selected CCB Subsea as the service provider for overhaul and refurbishment of exist