Fossil Energy

ONGC awards three-year deal to Jindal jack-up
Indian oil and gas company ONGC has hired a jack-up drilling rig from compatriot offshore drilling contractor Jindal Drilling & Industries.

Advocacy firm calls for ousting of Chevron CEO, lead director over climate change policies
American issue-advocacy organisation Majority Action has urged stakeholders of U.S. supermajor Chevron to vote against the re-election of the current chief executive officer (CEO) and lead director.

Stranded FPSO Umuroa leaves Tui field after 14 years
The BW Offshore-owned FPSO Umuroa has been disconnected from the Tui field, located offshore New Zealand, after spending 14 years there.

Petrobras contracts SM Continental for ROV services
Brazilian SM Continental, part of James Fisher group, has won a contract to provide ROV services to oil and gas company Petrobras. The two parties signed the agreement for a period of two years. “These new services and the growing customer base mean that the James Fisher group now has a well-establi

MOL preparing to drill appraisal well in North Sea
The Norwegian Petroleum Directorate (NPD) has granted MOL Norge a drilling permit for an appraisal well in the North Sea.

Vantage says deepwater market could begin to recover later this year
Vantage Drilling believes the shallow water activity is stabilizing and the recovery in the deepwater market could begin later in 2021.

ExxonMobil expects $200 million in job cuts charges
U.S. energy supermajor ExxonMobil expects up to $200 million in charges related to job cuts in 2021, figured in previously in the company’s cost-savings plans.

CNOOC flows first gas from Liuhua 29-2 field
Chinese oil and gas giant CNOOC Limited has produced first gas from the Liuhua 29-2 gas field located in the South China Sea.

Talos books Seadrill rig for deepwater Tornado well
Talos Energy has hired a drillship from Seadrill to drill an infill well on the Tornado field located in the U.S. Gulf of Mexico.

Velesto expects insurance to mitigate sunken rig costs
Velesto Energy expects the financial impact of an incident in which its NAGA 7 rig submerged off Sarawak will be mitigated by the insurance.

Around 80 workers at ONGC offshore platform positive for Covid
The coronavirus pandemic that has been ravaging India has spread offshore with some 80 workers at Oil & Natural Gas Corporation’s (ONGC) Heera field operations in the Mumbai High offshore area testing positive in recent days.

Total brings online short-cycle project off Angola
French oil major Total has started production from the Zinia Phase 2 short-cycle project located in Block 17 offshore Angola.

Australia to see 118 oil and gas project starts by 2025
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.

Serica Energy extends Bruce field life to 2030
UK oil and gas company Serica Energy has extended the life of its flagship Bruce field in the North Sea through to 2030.