Fossil Energy

Petronas books Maersk drillship for Gabon well
Maersk Drilling has been awarded a one-well contract from a subsidiary of Petronas for the provision of a deepwater drillship.

BP to retire ‘iconic’ UK deepwater FPSO
UK supermajor BP has suspended production from the Foinaven field offshore UK and will be retiring the floating production, storage, and offloading (FPSO) unit working on the field due to a series of safety issues.

Diving ops at Kinsale set to start next month
PSE Kinsale Energ is now preparing for decommissioning of subsea infrastructure at Kinsale fields, located offshore Ireland.

Chinese semi-sub becomes the world’s first rig to get DNV’s Smart notation
A semi-submersible drilling rig from CMHI has become the world’s first offshore unit to receive DNV’s Smart notation compliance certificate.

Court overturns previous ruling in Prosafe-Westcon case
A court of appeal has reversed a decision of a district court in Norway in a case between Prosafe and Westcon.

Worley to conduct EPC services on CNOOC’s UK North Sea assets
Australian engineering company Worley has been awarded a two-year contract extension to provide engineering, procurement, and construction (EPC) services to CNOOC Petroleum Europe’s three operated assets in the North Sea.

Welltec lands three-year deal with Petronas
Welltec, a technology solutions provider for the energy industry, has been awarded an exclusive three-year contract by Petronas.

Subsea industry specialist takes helm of Decom North Sea
Decom North Sea (DNS), a membership organisation dedicated to the oil and gas decommissioning sector, has appointed Fraser Moonie as its chief executive officer.

Shell’s shareholders to advise on energy transition strategy
Energy giant Shell has asked its shareholders to cast a vote on its latest Energy Transition Strategy publication.

Total postpones further drilling offshore South Africa
French oil major Total has decided to postpone its application for additional drilling in Block 11B/12B offshore South Africa.

One dead and dozen still missing after Seacor liftboat capsizes
One person has been found unresponsive and twelve are still missing after a Seacor Marine liftboat capsized in the U.S. Gulf of Mexico.

Disappointed ExxonMobil forced to curb output on Guyana FPSO
ExxonMobil has revealed its disappointment with the performance of the Liza Destiny FPSO following issues with a gas compressor.

FAR finally gets takeover offer from Remus Horizons
Following a conditional non-binding indicative proposal in late 2020, FAR Limited has finally received a takeover offer from Remus Horizons.

Polarcus agrees standstill and settlement terms with lenders
Marine seismic company Polarcus has agreed standstill and settlement terms with its lenders who have committed to refrain from exercising any further security interests over the Polarcus Group or their assets.