Fossil Energy

AqualisBraemar to perform DP approvals for Petrobras shuttle tankers
Brazilian national oil company Petrobras has contracted AqualisBraemar with DP acceptance and annual trials for its shuttle tanker fleet operating in Brazil.

Shelf Drilling delivers sold rig to ADNOC Drilling
Offshore drilling contractor Shelf Drilling has completed the previously announced sale of a jack-up rig to ADNOC Drilling.

Petrobras to order Brazil’s largest oil production unit from SBM Offshore
Petrobras has signed a letter of intent with SBM Offshore for the chartering of the FPSO Almirante Tamandaré to be installed in the Búzios field off Brazil.

Nexstep launches first-ever joint well decommissioning campaign
The Nexstep partnership, consisting of six oil and gas operators in The Netherlands, is working on a large campaign to decommission oil and gas wells within a single campaign.

Transocean lands higher day rate for drillship and more work for idle rig
Offshore drilling contractor Transocean has secured more work for a drillship in the Gulf of Mexico and for a semi-submersible in Myanmar.

Rumours of $100 oil return as crude recovers from Covid grip
While the oil price collapse is still fresh in our minds, rumours are starting to emerge that by the end of next year prices could once again top $100 a barrel.

NEO Energy snaps up ExxonMobil’s North Sea assets for over $1bn
HitecVision-backed NEO Energy is acquiring a major portfolio of non-operated oil and gas assets in the Central and Northern North Sea from ExxonMobil.

Petronas hits oil offshore Indonesia
Petronas has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract, offshore Indonesia.

Petrobras board calls extraordinary meeting to remove CEO
The board of Brazilian state-run oil company Petrobras called an extraordinary shareholders’ meeting in a move which will all but ensure the replacement of the company’s CEO.

Saipem develops CO2 estimation tool for offshore projects
Italian oilfield services company Saipem has developed a new tool for the estimation of the carbon footprint of its offshore projects.

Occidental: Low-carbon business earnings could match oil
The chief executive of U.S. oil company Occidental Petroleum has stated that the company’s low-carbon business would generate earnings equal to its oil and gas production business in the coming decades.

Lamprell wins Marjan field job from Saudi Aramco
Lamprell has been awarded an engineering, procurement, construction, and installation contract by Saudi Aramco as part of the long-term agreement programme.

Polar Onyx gets North Sea gig
GC Rieber Shipping has secured a new charter for the SURF vessel Polar Onyx in the North Sea. Earlier this week, the Norwegian shipowner also agreed a charter extension with DeepOcean for the Polar Onyx. The deal will be in direct continuation of the ongoing charter in Ghana. The extension will see

Masirah Oil spuds exploration well off Oman
Oil and gas company Masirah Oil has spudded the Zakhera 1 well, located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.