Fossil Energy
Transocean optimistic about contracting after securing new rig jobs
Following new contract awards to its drillships and a harsh environment rig, Transocean is optimistic about contracting throughout the year.
TechnipFMC’s subsea orders double in Q1 2021
TechnipFMC’s Subsea division has reported inbound orders of $1.5 billion in the first quarter of 2021, more than double compared to the fourth quarter of the prior year. Subsea reported first-quarter revenue of $1.3 billion, an increase of 10.6 per cent from the same period in 2020, said to be large
Aban suspends jack-up rig as India grapples with Covid-19 surge
India’s offshore drilling contractor Aban Offshore has suspended operations on one of its jack-up drilling rigs due to the Covid-19 outbreak.
Velesto rig working for ConocoPhillips sinks off Malaysia
A jack-up drilling rig owned by Malaysia’s Velesto Energy has sunk offshore Malaysia while working for the oil major ConocoPhillips.
Equinor’s ‘serious’ North Sea oil spill under investigation
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has launched an investigation into an oil spilt from Equinor’s Gullfaks C platform in the North Sea.
Maersk and Shell join forces for Gulf of Mexico workforce training
The Shell Robert Training and Conference Centre in Louisiana has established a partnership with Maersk Training.
Lundin Energy picks Neodrill CAN-ductors offshore Norway
Neodrill has signed a frame agreement with oil and gas operator Lundin Energy to provide its CAN-ductor technology for the company’s Norwegian fields. The agreement will see Neodrill’s CAN-ductor technology installed on Lundin’s future exploration and production wells. The deal was signed for an ini
Neptune and Spirit to develop UK gas find as Cygnus tieback
Spirit Energy and Neptune Energy have agreed to partner on the development of the Pegasus West gas discovery in the UK Southern North Sea.
New CFO elected as FAR moves to finalise Sangomar sale
Australia’s FAR Limited has announced the departure of its current and the appointment of a new chief financial officer (CFO).
Axess to provide offshore support services to Altera FPSOs
Axess Group, an asset integrity management company, has signed an offshore support services contract with Altera Infrastructure.
Petronas awards P&A gig to Tanjung Offshore
T7 Global’s subsidiary, Tanjung Offshore, has received an award from Petronas Carigali for the provision of plug & abandonment services.
DNV, Vinde to inspect Vår Energi’s assets off Norway
Oil and gas company Vår Energi has awarded a three-year inspection services contract to a strategic partnership between Norway-based classification society DNV and Vinde Tilkomstteknikk.
Valaris emerges from Chapter 11 free of $7.1bn of debt
Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt.
Baker Hughes gets subsea order from Petrobras
Baker Hughes has been awarded a subsea equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan.