Fossil Energy
Stena drillship arrives in Mexico ahead of new gig
A Stena Drilling-owned drillship has arrived in Mexico ahead of its offshore contract with the Spanish oil company Repsol.
ExxonMobil nearly ready to start up Guyana FPSO compressor
ExxonMobil is preparing to start up a gas compressor on its Liza Destiny FPSO, operating off Guyana, following a technical issue.
Parkmead agrees ‘in principle’ to become Platypus operator
Independent oil and gas Parkmead has agreed ‘in principle’ to take over operatorship of the Platypus project in the North Sea from Dana Petroleum.
Giant Pioneering Spirit vessel gets second lift system
Allseas has equipped its Pioneering Spirit vessel with a second lift system capable of removing and installing complete jackets in one go.
Axess to continue providing periodic surveys for Odfjell rigs
Axess Group and rig owner Odfjell Drilling have signed an extension of a frame agreement held between the companies since 2016.
CGG wins seismic imaging hat-trick from BP
French seismic player CGG has been awarded three seismic imaging projects by oil major BP.
KrisEnergy completes Vietnam farm-out
After several delays, KrisEnergy has completed a farm-out agreement for its entire working interest in Block 115/09 located offshore Vietnam.
Tower Resources gets extension for Thali block off Cameroon
The President of the Republic of Cameroon has approved a further extension of the first exploration period of Tower Resources’ Thali license.
Saipem forms energy transition services joint venture
Italian oilfield services provider Saipem and consulting and advisory services provider Hyperion Systems Engineering have joined forces to create a new company specialised to support clients in the energy transition.
Robots could save billions in drilling costs but risk oil & gas jobs, Rystad says
Robots could replace hundreds of thousands of oil and gas jobs and save billions in drilling costs by 2030, according to a report by Rystad Energy.
Aker BP obtains safety consents for vessel operations in Norway
Norwegian oil and gas company Aker BP has received two consents from the country’s offshore safety regulator, the Petroleum Safety Authority.
Sapura Energy in $2.5bn debt refinancing
Malaysian energy services provider Sapura Energy has sealed the deal with banks for a $2.5 billion debt refinancing for the duration of seven years.
TAQA to reduce exposure to oil & gas in energy transition push
TAQA has made plans to reduce exposure to the hydrocarbons sector and for renewables to make up 30% of its portfolio by 2030 in energy transition push.
Vår Energi secures permits for four North Sea wells
The Norwegian Petroleum Directorate has granted Vår Energi a drilling permit for four wells located in the North Sea offshore Norway.