Fossil Energy
ExxonMobil comes up dry in Guyana wildcat
Oil major ExxonMobil has failed to find commercial hydrocarbons at the Bulletwood-1 wildcat well in the Canje block located offshore Guyana.
Five Petrobras board members to step down with CEO
Five board members of Brazilian state-owned company Petrobras have decided to step down as a reaction to moves made by Brazil President Jair Bolsonaro to replace current CEO Roberto Castello Branco.
EnerMech scores eight new deals in UK
UK-based oilfield services provider EnerMech has won a string of new deals in the United Kingdom during the first months of 2021.
Shearwater in Sequoia 3D shoot
Seismic exploration company Shearwater GeoServices has confirmed a contract award from ConocoPhillips for the Sequoia 3D survey in the Otway Basin, offshore Australia. ConocoPhillips, as operator of T/49P, has contracted Shearwater vessel the Geo Coral to acquire approximately 2,700 square kilometre
Valaris gets court approval for Chapter 11 plan, delays drillship deliveries
Valaris has obtained court approval for its Chapter 11 plan of reorganization and agreed with a shipyard to delay the delivery of two drillships.
ExxonMobil curbs spending plans, reveals path to lower-carbon future
ExxonMobil has revealed that its capital spending for 2021 will be in the $16-$19 billion range as well as plans to focus on developing technologies to reduce emissions.
Mitsui invests in Acorn carbon capture and storage project
Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.
DOF platform supplier to exit oil service after sale
DOF Rederi, a wholly-owned subsidiary of DOF ASA, has completed the sale of a platform supply vessel (PSV) to a Norwegian company.
NHV helicopters to support Allseas on pipeline project
NHV Group has been awarded a new contract with Allseas to provide helicopter services in support of the Energinet Europipe II Branch Pipeline project.
BP elects new head of UK business
Peter Mather, BP’s UK head of country and senior vice president for Europe, will leave BP at the end of the year and will be replaced by Louise Kingham.
Jersey Oil & Gas reveals Greater Buchan Area concept
North Sea-focused Jersey Oil & Gas has revealed its preferred development concept for the Greater Buchan Area (GBA) development located off the coast of the UK.
ExxonMobil cutting 300 jobs in Singapore
Oil major ExxonMobil will reduce staffing levels at its Singapore affiliate as part of its ongoing effort to improve and sustain long-term competitiveness.
Noble rig hired to drill two wells near Dorado
Santos has hired the Noble Corporation-owned Noble Tom Prosser jack-up drilling rig to drill two exploration wells offshore Australia.
Archer picks up well integrity deal extension with Petronas Carigali
Quarterback Services, the local agent of Archer Well Company, has won a one-year extension with Petronas Carigali for the provision of well downhole leak detection services using ultrasound technology.