Fossil Energy

Aker Solutions gets subsea system order from ConocoPhillips
Aker Solutions has won a large contract from ConocoPhillips to provide a subsea production system for the Eldfisk North development offshore Norway.

Fourteen U.S. states sue Biden administration over oil and gas leasing halt
In an attempt to challenge the pause on new oil and gas leasing on federal lands and waters, 14 U.S. states have filed lawsuits against President Joe Biden’s administration.

Eni and Novatek kicking off drilling ops off Montenegro
Italy’s Eni and Russia’s Novatek are starting drilling operations in waters offshore Montenegro, using Vantage Drilling’s Topaz Driller jack-up rig.

Eni commits to oil & gas to renewables workforce transition
Eni and the University of Strathclyde have signed a Memorandum of Understanding (MoU) to develop a program to help the workforce from the oil & gas sector in Scotland transfer their skills to renewable energy technologies. Eni with Eni Corporate University and the Strathclyde University will work to

Noble Corp. to combine with Pacific Drilling
Noble Corporation and Pacific Drilling have entered into a definitive merger agreement under which Noble will acquire Pacific Drilling.

Geoquip Marine adds another vessel to its fleet
Offshore geotechnical engineering and drilling company Geoquip Marine has expanded its fleet with the addition of new geotechnical vessel Geoquip Seehorn.

CNOOC hits record oil and gas production in 2020
Annual oil and gas reserves and production by Chinese oil and gas player CNOOC Limited have hit a new record high while costs decreased to a ten-year low.

Ineos to sell Norwegian oil & gas business for $615 million
Ineos Energy has made an agreement to sell its oil and gas business in Norway to PGNiG Upstream Norway for a consideration of $615 million.

Tenaris to provide line pipe for Northern Lights CCS project
Norwegian energy major Equinor has awarded Tenaris a deal for the supply of tubulars for the Northern Lights carbon capture and storage facilities off Norway.

Alpha Petroleum files Wenlock decommissioning plans
Alpha Petroleum has filed its draft decommissioning programme for the Wenlock field platform located off the UK to the country’s authorities.

Equinor to use Transocean rig on Gullfaks well duo
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for drilling and well operations on the Gullfaks field using the Transocean Norge drilling rig.

Shelf Drilling clinches two-year extension in Egypt
Offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up drilling rigs for operations in Egypt.

Floatel completes restructuring, cuts debt by $610 million
Offshore accommodation services provider Floatel International has completed its comprehensive balance sheet restructuring.

Vår Energi to use Floatel Superior on Balder field
Norway’s Petroleum Safety Authority has given Vår Energi consent to use the Floatel Superior as a mobile quarters facility on the Balder field off Norway.