Fossil Energy

Neptune begins final drilling campaign at Duva field
Neptune Energy has started drilling operations on four production wells on the Duva field in the Norwegian sector of the North Sea.

Equinor charters Havila platform supplier
Havila Shipping has been awarded a contract from compatriot oil giant Equinor for one of its platform supply vessels (PSVs).

Ireland: Barryroe farm-out terminated over funding issues
Oil and gas company Providence Resources has terminated its farm-out agreement with SpotOn Energy for the Barryroe project off Ireland.

Rystad downgrades peak oil demand to 101.6 million bpd in 2026
Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.

Halliburton and Baker Hughes optimistic despite lower revenues
Halliburton and Baker Hughes have both seen a decrease in quarterly revenues but the companies are optimistic about the rest of 2021.

Fugro rolls in Jumbo’s positioning contract for Mero 1 offshore Brazil
Dutch survey contractor Fugro has secured positioning and construction support services job for offshore installation contractor Jumbo Maritime on the Mero 1 deepwater field development offshore Brazil.

Aker BP gearing up for Barents Sea well
Norwegian Petroleum Safety Authority has given consent to Aker BP for drilling in the Barents Sea, using the Deepsea Nordkapp rig.

Petronas assigns development of two fields to Vestigo
Petronas has awarded the PSC for two offshore fields under the newly introduced Small Field Asset PSC terms, to Vestigo Petroleum.

Equinor to put new oil & gas find on stream immediately
Equinor and partners Total and Vår Energi have struck oil and gas in a new segment belonging to the Tyrihans field in the Norwegian Sea.

Remus ditches FAR takeover plans amid lack of funding
Remus Horizons will not be making a takeover offer for FAR, which would have given it access to the Sangomar project off Senegal.

TechnipFMC lands Petrobras’ subsea job offshore Brazil
TechnipFMC has secured a subsea contract from Petrobras for the supply of manifolds for the Marlim and Voador fields, located offshore Brazil.

Spirit Energy extends the life of North Sea gas field
The Spirit Energy-owned York gas field located has been given another three years of life following a successful life extension project.

Maersk Drilling adds another Aker BP well to backlog
Offshore rig owner Maersk Drilling has secured an additional one-well contract for the low-emission rig Maersk Integrator with Aker BP.

Aker BP wraps up well plugging at Valhall six years earlier than expected
Norwegian oil and gas company Aker BP has completed the well plugging operation at Valhall field six years earlier and more than NOK 5 billion ($603 million) cheaper than originally planned.