Fossil Energy

Seadrill JV lands 12-well drillship contract in Angola
A new, twelve-well drillship contract has been awarded to a joint venture between Seadrill Limited and Angola’s oil and gas player Sonangol.

Union working to avoid downsizing of 200 rig workers
A Norwegian union is working to avoid the downsizing of 200 workers of the West Mira rig following a recent contract termination.

Spirit gets life extension for North Sea field
Spirit Energy has received approval from Norwegian authorities for a life extension of its Vale gas field located offshore Norway.

IGI Poseidon reveals EastMed pipeline trifecta
IGI Poseidon has selected the contractors for the environmental and social impact assessment (ESIA) and relevant support services related to the offshore and onshore sections of the EastMed pipeline project. ERM Italia will carry out the ESIA and implementation of activities to obtain authorization

IOG supports research to test carbon storage sites in North Sea
IOG is supporting research that will identify, examine, and test carbon storage sites in the Southern North Sea.

Upstream spending cut by $285bn as Covid-19 takes its toll, Rystad says
The toll of the Covid-19 on upstream investments in the first two years of the downturn is estimated at $285bn, Rystad Energy reports.

FAR ‘disappointed’ over share trading reinstatement refusal
Australia’s FAR Limited has expressed its disappointment with the Australian Securities Exchange’s (ASX) refusal to reinstate the trading of the company’s shares.

Chevron shuts in Tamar gas field amid unrest in Israel
Chevron has shut down production at its Tamar field located offshore Israel amid escalating violence and tensions in the region.

Prosafe heading to Supreme Court over Westcon case
Offshore accommodation rig provider Prosafe is heading to the Supreme Court to appeal a recent ruling by a Norwegian Court of Appeal.

Remazel to supply mooring and riser for Prosperity FPSO
Italian engineering firm Remazel Engineering has been chosen as the supplier of the complete mooring tensioning system and riser pull-in package for the Prosperity FPSO being built by SBM Offshore.

Equinor signs deals with startups from Energy Accelerator event
Equinor’s corporate venture arm Equinor Ventures has signed deals with and gave prizes to participants of the Equinor and Techstars Energy Accelerator.

Eni to splash €5.7 bln by 2024 in carbon-neutrality push
Italian oil and gas company Eni has released its Eni for 2020 sustainability report, outlining the company’s path to face the global challenges.

Shell taps Dayang for topside maintenance off Malaysia
Malaysia’s services provider to the oil and gas industry Dayang Enterprise has won a contract with two Shell subsidiaries for the provision of topside maintenance services offshore Malaysia.

Spotlight on major projects in carbon capture realm
Carbon capture utilization and storage has gained momentum in the last couple of years as energy transition talks and plans intensified.