Fossil Energy
Worley supporting Allseas on Spirit Energy decommissioning gig
Australian energy service firm Worley is helping offshore installation specialist Allseas to decommission two of Spirit Energy’s east Irish Sea platforms.
TechnipFMC scores Karish North job
TechnipFMC has received a letter of award from Energean for the development of the Karish North field, located offshore Israel. TechnipFMC will design, manufacture, deliver and install subsea equipment. The delivery includes: The subsea production system; Rigid flowlines and umbilicals as a tieback
PTTEP, Petronas discover gas off Malaysia
PTTEP and Petronas have made a gas discovery from Dokong-1 wildcat well in Block SK417, located in the shallow waters of Baram Province offshore Malaysia.
Sembcorp Marine books loss and expects trend to continue
Singapore’s offshore builder Sembcorp Marine expects losses to continue after reporting a higher net loss in FY2020 compared to FY2019.
Samsung Heavy settles Brazil corruption investigation for $149 million
South Korean shipbuilder Samsung Heavy Industries has agreed to pay a settlement in a leniency deal with authorities of Brazil to settle a corruption investigation.
EnerMech eyes Mozambique expansion ‘as local activity ramps up’
EnerMech has created a new role of Mozambique country manager as it seeks to expand business with a new office in the country as local activity ramps up.
Vår Energi hires Rem Offshore vessel
Norwegian shipping company Rem Offshore has won a contract award for one of its platform supply vessels (PSVs) from Vår Energi.
Earnings drop for Helix Energy Solutions
Helix Energy Solutions has seen its fourth-quarter 2020 profit almost cut in half on lower well intervention activity, slightly offset by its robotics unit. The Houston-based company reported net income of $4.2 million, or $0.03 per diluted share, for the fourth quarter 2020 compared to $8.1 million
Transocean bleeds red ink in fourth quarter
Transocean sank to a net loss in the last quarter of 2020 compared to the prior quarter but managed to reduce its losses in the y-o-y comparison.
ExxonMobil off 2050 net-zero target, activist firm says
Activist firm Engine No. 1, which has nominated four independent director candidates to the ExxonMobil board of directors, has sent a letter to Exxon claiming that it was falling short of what was expected regarding reaching climate goals set by the company.
Neptune Energy fires up Gjøa P1 development
Operator Neptune Energy and its partners have started production from the Gjøa P1 development in the Norwegian sector of the North Sea.
TechnipFMC bags Limbayong deal off Malaysia with Petronas
TechnipFMC has won a contract from Petronas for the Limbayong deepwater development project offshore Malaysia. Under the contract, TechnipFMC will provide front-end engineering design, and integrated engineering, procurement, construction, installation and commissioning (iEPCI) of subsea production
Premier-Chrysaor merger clears regulatory hurdles
All of the regulatory conditions relating to Premier’s merger with Chrysaor have been satisfied and the requisite antitrust approvals have been received.
Nigeria: DPR launches new search and rescue centre in Lagos
The Nigerian Department of Petroleum Resources (DPR) has launched the oil and gas search, rescue, and surveillance (SeRAS) command and control centre in Lagos.