Fossil Energy
BP unveils hybrid model of working with option to work from home
Oil major BP is introducing a new hybrid model of working for staff who had previously been based in the office full-time.
Chevron sticks to lower budget plans, sets new carbon reduction goals
Chevron has reaffirmed its lower budget plans, doubled the savings from the takeover of Noble Energy, and set new goals for reducing carbon emissions.
SBM Offshore orders fourth Fast4Ward FPSO hull from SWS
Dutch FPSO giant SBM Offshore has ordered the fourth Fast4Ward FPSO hull from the Chinese Shanghai Waigaoqiao Shipbuilding (SWS) shipyard.
Revamped training and safety centre launched in Aberdeen
Maersk Training has launched the first half of its refurbished Aberdeen safety and survival centre which has undergone a refurbishment.
SWS delivers two jack-ups for operation offshore China
Chinese ship and rig builder Shanghai Waigaoqiao Shipbuilding (SWS) delivered two JU2000E jack-up rigs – the Guoshun and Guoxin – on 3 March.
Aban Offshore selling four jack-ups and two drillships
Aban Offshore is selling two jack-up rigs, a drillship, and a floating production unit owned by Aban and two jack-ups and a drillship owned by subsidiaries.
Helix stays on call as first responder for HWCG in Gulf of Mexico
Houston-based Helix Energy Solutions has entered into a new agreement for response resources with HWCG consortium. The deal will see HWCG’s members given the opportunity to identify the Helix Fast Response System as a response resource in permit applications to U.S. federal and state agencies, and t
Norway approves plan for Northern Lights project
The Norwegian Ministry of Petroleum and Energy has approved the development plan for Northern Lights, the storage part of the Longship carbon capture and storage project.
ExxonMobil set to spud new Guyana well
Oil major ExxonMobil is nearly ready to start drilling the second of three exploration wells at the Canje Block located offshore Guyana.
Eni could list stake in new retail-renewable spin-off
Italian oil and gas company Eni is looking to spin off a new combined retail and renewable energy business next year and sell a minority stake to further fund its energy transition plans.
Cairn sells stakes in two UK fields, buys Shell assets in Egypt
Cairn Energy has made two deals, one for the sale of its interests in two UK fields and the other for the purchase of Shell’s assets in Egypt.
Samsung to pay $411 million to Stena Drilling after losing rig dispute
Samsung Heavy will have to pay $411 million to rig owner Stena Drilling after losing a dispute related to the termination of a rig construction contract.
Brazil government nominates six Petrobras board members
The Brazilian government has nominated six potential board members of Petrobras, to be voted on at the upcoming extraordinary general meeting.
CGG taps Shearwater for Northern Viking Graben phase two
CGG has contracted Shearwater GeoServices for the phase two of its Northern Viking Graben multi-client 3D survey in the Northern North Sea. The new survey will expand on the phase one acquisition initiated in 2020. It will add a second azimuth over CGG’s existing Northern Viking Graben 3D survey and