Fossil Energy
Acorn CCS and Hydrogen project gets over $43 million in government funding
Scotland took a step closer to its net-zero carbon goals with the announcement of over £30 million ($41.7 million) of UK Government funding for initiatives linked to the Acorn carbon capture and storage (CCS) project.
ExxonMobil rallying support for board re-election
Oil major ExxonMobil has sent a letter to shareholders urging them to vote using in favour of the company’s 12 director nominees at its 2021 annual meeting of shareholders on 26 May.
Wintershall Dea gets permit for appraisal well west of Maria
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge a drilling permit for an appraisal well located in the Norwegian Sea.
Seadrill laying off 162 Gulf of Mexico workers
Offshore drilling contractor Seadrill is laying off 162 offshore workers in the U.S. Gulf of Mexico as one of its drillships will be out of work soon.
Activist firm calls for ousting of four ExxonMobil board members
Activist firm Engine No. 1 has named directors it wants shareholders to remove from the board of directors of ExxonMobil at the oil major’s upcoming annual general meeting.
Swift Drilling hired for long-term P&A job in North Sea
Swift Drilling has been awarded a long-term contract by Wintershall Noordzee to perform a plug and abandonment campaign in the Dutch and German North Sea.
Union Jack Oil buys royalties from three North Sea fields
Onshore-focused exploration and production company Union Jack Oil has acquired a royalty interest in revenues generated from three fields in the Central North Sea.
Tidewater promotes two key members of executive team
U.S. offshore support vessel operator Tidewater has promoted two key members of the company’s executive team, Sam R. Rubio and David E. Darling.
Petrofac suspended from competing for new ADNOC contracts
Oilfield services provider Petrofac has been suspended by UEA’s oil and gas giant ADNOC from competing for new contract awards until further notice.
UK regulator tells how oil & gas sector should work to reduce emissions
UK’s petroleum regulator, the Oil and Gas Authority, has outlined how the oil and gas industry should work to reduce greenhouse gas emissions.
Vår Energi to extend the life of Norwegian subsea field
Vår Energi has received consent from the Norwegian offshore authority to use the subsea facilities on the Marulk field beyond their original operating life.
Shell looking to shed interests in blocks off Malaysia
Oil major Shell is exploring options to sell its non-operated interests in the Amended 2011 Baram Delta EOR production sharing contract (PSC) and the SK 307 PSC off Malaysia.
Noreco names Sapura man its new COO
Norwegian Energy Company (Noreco) has appointed John Hulme as Chief Operating Officer (COO), effective Monday, 15 March 2021.
Eni gears up to drill Montenegro well as rig arrives
Italy’s oil and gas company Eni and Russia’s Novatek will start drilling an exploration well in waters offshore Montenegro later this month.