Fossil Energy
Neptune to test methods for measuring offshore methane emissions
Neptune Energy and EDF will test an approach for measuring oil and gas methane emissions from offshore oil and gas facilities.
Sea Lion partners get license extension from Falkland Islands gov’t
The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses operated by Premier Oil and Rockhopper Exploration, including the one containing the Sea Lion field.
TDI-Brooks delivers two EBS projects offshore Angola
Offshore survey player TDI-Brooks has recently completed two environmental baseline studies (EBS) for Cabinda Gulf Oil Company Limited (CAGBOC) and ExxonMobil offshore Angola. The project saw TDI- Brooks deploy its 49-metre oceanographic research vessel R/V Proteus to blocks 0 and 14 for CAGBOC and
Saipem to pay up for overtime work violation on rig
Saipem will have to pay compensation to two offshore workers in Norway due to the violation of working hours regulations.
Shell UK head to lead low-carbon fuels. North Sea boss replaced
Oil major Shell has made changes in its UK senior leadership as part of a global overhaul to cut costs and shift away from oil and gas to renewable power.
OPEC and allies extend oil production cuts into April
OPEC and allies on Thursday decided to extend oil production cuts into April 2021, while offering small exemptions to Russia and Kazakhstan.
PetroRio buys more interest in Wahoo field, plans FPSO tieback
PetroRio has signed an agreement with Total for the acquisition of a 28.6% interest in the BM-C-30 Block, which holds the Wahoo field located off Brazil.
Vroon delivers hybrid accommodation vessel to Shell
Offshore support vessel provider Vroon has delivered the hybrid accommodation vessel MWV Falgout to end client Brunei Shell Petroleum.
Aker Solutions hired to modify Åsgard B for production boost
Aker Solutions has won a substantial contract from Equinor for modifications on the Åsgard B gas and condensate platform to enable increased production.
Offshore project commitments poised for new record, Rystad says
Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says.
Relationship with Hurricane ‘deteriorated dramatically’, investor says
Activist investor Crystal Amber, which holds more than 11 per cent of Hurricane Energy, stated it would take “appropriate action” to maximise Hurricane’s potential.
Mixed results for Shelf Drilling rig fleet
Shelf Drilling has revealed a mixed bag of results for its jack-up rig fleet with several of its rigs starting new contracts, some getting extensions, and some terminations.
U.S. Energy Secretary readies $40 billion in loans to boost clean energy
U.S. Energy Secretary Jennifer Granholm will reactivate her department’s loan program office to boost the transition to clean energy.
Energy companies invest £1.6M in wave-powered demo for subsea projects
Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.