Fossil Energy
Regulator approves Santos plan for new Van Gogh wells
NOPSEMA has accepted an environment plan by Santos for the Van Gogh field infill development phase II (VGID2) installation off Australia.
Norway: February oil output slightly above NPD predictions
Norwegian oil production in February 2021 was just above predictions made by the Norwegian Petroleum Directorate (NPD).
Tullow approves sale of Equatorial Guinea asset to Panoro
Oil and gas company Tullow Oil has voted on its general meeting to approve the disposal of all issued share capital in its subsidiary Tullow Equatorial Guinea Limited (TEGL) to Panoro Energy.
Vaalco Energy on the lookout for new CFO
Houston-based Vaalco Energy has informed that Elizabeth Prochnow, its chief financial officer (CFO), has elected to retire effective 31 March 2021.
Equinor picks FPSO concept for gas field offshore Brazil
Equinor has approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt in Brazil.
Kinsale decommissioning preparations in full swing
PSE Kinsale Energy is preparing for the decommissioning campaign of its Kinsale area gas field located in the Celtic Sea off Ireland.
Two Akastor vessels to be sold after two-year job with Petrobras
Akastor’s subsidiary, DDW Offshore, has entered into bareboat charter agreements with OceanPact Servicos Maritimos for two AHTS vessels.
Oil market future uncertain after rebound from Covid-19 shock, IEA says
Based on today’s policy settings, global oil demand is set to rise every year through 2026 but stronger policies and behaviour changes could bring a peak in demand soon, an IEA report says.
Hess offloads Denmark assets to Ineos for $150 million
Hess Corporation has entered into an agreement to sell its subsidiary Hess Denmark to Ineos E&P for a total consideration of $150 million.
Vantage Drilling cuts quarterly loss but sees red ink in 2020
Vantage Drilling managed to cut its losses in the last quarter of 2020 when compared to the same period in 2019 despite lower revenues.
Shell and Eni acquitted in Nigeria corruption case
A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago.
DOF finds long-term jobs for platform supply trio
Norwegian offshore vessel owner DOF Group has been awarded new contracts for three of its vessels in support of operations in the UK and Guyana.
Aker Solutions, Heerema to decom Equinor’s Heimdal and Veslefrikk fields
Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Heerema Marine Contractors (HMC) for decommissioning work on Equinor’s Heimdal and Veslefrikk fields off Norway.
Ashtead Technology, OAP partner up for Total job in Angola
A new partnership between Ashtead Technology and Ocean Atlantic Petroleum (OAP) has executed its first marine services project in West Africa for Total, securing additional work from the French oil major.