Fossil Energy

SOFEC CEO to retire after 29 years of service
President and chief executive officer (CEO) of offshore mooring systems provider SOFEC has decided to retire from the company after 29 years of service.

Petronas hires two Velesto rigs in $21 million deal
Offshore drilling contractor Velesto Drilling has won a drilling services contract worth nearly $21 million with oil giant Petronas Carigali.

BHP taps Doris for Trion SURF FEED
Australian player BHP has selected Paris-based Doris for the next phase of SURF (subsea umbilicals risers and flowlines) FEED scope of work on the Trion field in the Mexican sector of the Gulf of Mexico. The award follows a pree-FEED work Doris secured in January last year. The Trion field encompass

Aker BP to use another one-year option for Odfjell rig
Aker BP has exercised the second 12-month option for the Deepsea Nordkapp rig under a contract entered into between the parties in April 2018.

U.S. offshore rig count stuck at 13 units
The number of offshore rigs in the U.S. remained steady last week but dropped six units year over year, according to a Friday report by Baker Hughes.

Court allows Vantage to manage four Seadrill Partners’ floaters
A bankruptcy court has approved an agreement between Seadrill Partners and Vantage Drilling under which Vantage will manage four Seadrill Partners’ floaters

Centus orders fast crew boat duo from Strategic Marine
Singapore’s shipbuilder Strategic Marine has secured a contract to build two 42-metre fast crew boats (FCB) for Malaysian vessel operator Centus Marine.

Valaris gets safety order over incident with BOP ram door
Norwegian offshore safety authority has found serious breaches of regulations on a Valaris rig following an investigation of an incident from 2020.

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

TAQA awards 5-year North Sea deal to Odfjell Drilling
TAQA has awarded Odfjell Drilling a five-year contract for the provision of platform drilling & maintenance services on its North Sea installations.

Siemens to deliver eight topside modules for MISC Berhad FPSO
Siemens Energy has been awarded a topside EPC contract by MISC Berhad for eight complete topside modules for an FPSO bound for South America.

Oil demand recovery at risk over vaccination hiccups, Rystad says
Vaccination hiccups could prevent the recovery of up to 1 million bpd of oil demand in 2021, Norwegian energy intelligence company Rystad Energy has said.

Mexican government to absorb Pemex debt payments
Mexico’s President Andres Manuel Lopez Obrador stated that the country will absorb regular debt payments this year for state-owned oil company Petroleos Mexicanos (Pemex).

U.S. warns entities involved in Nord Stream 2 to abandon work
The U.S. State Department reiterated its warning that any entity involved in Russia’s Nord Stream 2 offshore pipeline project risks U.S. sanctions.