Fossil Energy

ExxonMobil, Shell get $2.4 billion in subsidies for carbon storage project
The Dutch government has granted a consortium that includes oil majors Shell and ExxonMobil around $2.4 billion in subsidies for what will be one of the largest carbon capture and storage (CCS) projects in the world.

BP-led Tortue FLNG project’s Phase 1 58 pct done
The BP-led Greater Tortue Ahmeyim LNG project on the maritime border of Mauritania and Senegal is progressing.

Equinor adds extra well to Odfjell rig backlog
Norwegian oil and gas giant Equinor has exercised one additional well for the Odfjell Drilling-owned Deepsea Atlantic rig.

UDS secures work with MPF Asia
Ultra Deep Solutions (UDS) has secured a subsea decommissioning project with MPF Asia in Thailand.

No oil for Harbour Energy after two-well North Sea campaign
Harbour Energy has drilled a dry exploration well on the Ilder prospect off Norway, ending a two-well campaign with disappointing results.

SapuraOMV gets green light for Kanga-1 drilling
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved the drilling of the Kanga-1 offshore well by SapuraOMV.

Vantage finds more work for its rigs
Vantage Drilling has been awarded several new contracts, which will see its rigs operate in South East Asia, Middle East, and Africa.

CGG lands OBN survey job at Bacalhau field
CGG has secured a contract by Equinor to carry out ocean bottom node (OBN) seismic imaging at the Bacalhau offshore field in Brazil. The project is already underway at CGG’s subsurface imaging center in Rio de Janeiro where its team is employing proprietary imaging technologies to address pre-salt i

Archer buys Norwegian well intervention player
Archer has signed a sale and purchase agreement to acquire DeepWell based on an enterprise value of NOK 177 million.

U.S. offshore rig count remains flat
The number of offshore rigs in the U.S. remained unchanged over this week, according to a weekly rig count by Baker Hughes.

In focus: Recent developments in the energy transition race
With the In focus column, Offshore Energy delivers a weekly snapshot containing the most relevant energy transition items.

Transocean and Suncor fined over offshore fluid spill
Canadian offshore petroleum regulator has fined Suncor Energy and Transocean over an unauthorized fluid discharge from a rig back in 2018.

Final preps underway for Baltic Pipe pipelaying
Polish GAZ-SYSTEM is carrying out final preparations to begin laying the offshore gas pipeline for the Baltic Pipe project in the Baltic Sea. Drilling of a tunnel for the gas pipeline began in April on the Polish coast, with similar work set to start soon in Denmark, GAZ-SYSTEM said. Allseas will wo

MMA wins decommissioning gig in Maui field
MMA Offshore has secured a contract with OMV New Zealand to support the decommissioning works of three wells in the Maui field. MMA’s engineering team has developed a number of engineered connector recovery and wellhead cap replacement components to replace the existing capping mechanisms in place o