Fossil Energy

Italian player to work on one of the largest fields in the world
Italian company has signed a five-year framework agreement with the NCOC for operations on Kashagan, one of the largest fields in the world.

Dolphin Drilling gets certified in push to cut emissions and energy use & costs
Dolphin Drilling has secured Energy Management System ISO 50001:2018 certification following an audit by DNV.

New agreement to speed up carbon capture and storage element of HyNet
Eni and Progressive Energy Limited have signed a framework agreement to further accelerate carbon capture & storage within the HyNet North West.

Archer to work on P&A campaign for Wintershall Dea
Offshore services provider Archer has been awarded a plug and abandonment campaign in 2021 and 2022 by Wintershall Dea.

Seadrill positions for future with key executive changes
Offshore drilling contractor Seadrill Limited has elected a new CFO and a new COO as well as a new director to its board.

ExxonMobil loses at least two board seats to Engine No. 1
A long-lasting battle for seats on the ExxonMobil board between the company and activist firm Engine No. 1 is coming to a close with the election of ten new nominees.

PGS’ returnee lands Black Sea acquisition contract
Norway’s Petroleum Geo-Services (PGS) has secured an acquisition contract in the Black Sea for its recently reactivated seismic vessel Ramform Vanguard. The Ramform Vanguard will acquire the survey using an exploration configuration towing a 12×8000 meter spread, PGS stated. Work is scheduled to sta

Equinor awards well intervention gig to Maersk rig
Equinor has exercised an option to add well intervention work at the Martin Linge to the previously agreed work scope for Maersk Intrepid.

Dutch court orders Shell to curb emissions in ‘historic ruling’
A Dutch court has ordered Shell to deepen its carbon emissions cuts in a ruling described as the first-of-its-kind, but Shell plans to appeal

Karoon in dispute with Peru partner over second offshore well
Karoon has received a dispute notice from a partner in its operated Block Z-38, offshore Peru, due to an alleged breach of obligations.

UK will not stop new oil exploration despite IEA climate report
The United Kingdom will not commit to stopping new oil exploration in the North Sea despite warnings from the IEA that there can be no more oil and gas investments if the world wants to hit net-zero by 2050.

OMV reviews associations memberships for net-zero by 2050
OMV reviews its industry association memberships to see whether they are aligned with the net-zero by 2050 goal.

Nexans umbilicals for Equinor’s Bacalhau field
Nexans has won a contract to supply the umbilicals for Equinor’s Bacalhau ultra-deepwater oil project offshore Brazil. Nexans will design, manufacture and supply a total of 44 kilometers of gas-lift, static and dynamic steel tube umbilicals for installation at water depths reaching 2,100 meters. Thi

Westwood: 30 FPSOs to become available by end of 2022
Market research provider and consultancy Westwood Global Energy Group has estimated that 30 floating, production, supply, and offloading (FPSO) vessels will become available by the end of 2022.