Fossil Energy
Russia working to support oil industry after tax increase
The government of Russia has been working on some support measures for the oil-producing industry, including changes in taxation, following last year’s decision to hike taxes.
Saipem lands $1.7 billion worth deal with Qatargas
Saipem has received a Letter of Award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located off Qatar.
Masirah Oil brings third Yumna well online
Oil and gas company Masirah Oil has started production from the third development well drilled in the Yumna field located in Block 50 offshore Oman.
Enauta resumes Atlanta field production after repairs
Brazilian oil and gas company Enauta has resumed production from its Atlanta field, located off Brazil, after a nearly month-long shutdown due to repairs.
Tailwind Energy gets Evelyn field development plan approval
Oil and gas company Tailwind Energy has received consent and approval of the field development plan for the Evelyn Field from the UK Oil and Gas Authority’s (OGA).
Chariot teams up with Subsea Integration Alliance on Anchois project
Chariot Oil & Gas has signed a collaboration agreement with Subsea Integration Alliance to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois gas development project in Morocco. Subsea Integration Alliance is a nonincorpora
Brazil’s Bolsonaro moves to replace Petrobras CEO
Brazil’s President Jair Bolsonaro has moved to replace the CEO of Petrobras with a retired army general with no oil and gas experience.
Stena Drilling launches petition for UK quarantine exemption
Aberdeen-based offshore drilling contractor Stena Drilling has launched a petition urging the UK Government to give oil workers returning from overseas full quarantine exemption.
Aker BP taps Shearwater for Ivar Aasen 4D OBS survey
Shearwater has secured an ocean bottom seismic 4D survey for Aker BP at the Ivar Aasen field. According to seismic exploration company, the OBS project in the Norwegian North Sea, has a duration of approximately one month. The survey will commence in Q2 2021 and will employ Shearwater’s multi-purpos
Total hires DNV GL for services on UK North Sea assets
DNV GL has been awarded a three-year contract by Total to provide multiple services across the full portfolio of the operator’s assets in the UK North Sea.
Equinor to shut down Veslefrikk field after 30 years
After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor is planning for the shutdown of the Veslefrikk field.
Polar Onyx gets more time with DeepOcean
GC Rieber Shipping has agreed a charter extension with DeepOcean for the SURF vessel Polar Onyx. The deal will be in direct continuation of the ongoing charter in Ghana. Norwegian shipowner said the extension will see the vessel stay with DeepOcean until the end of May 2021. Built in 2014, the subse
U.S. weekly offshore rig count down a notch
The number of active offshore rigs in the U.S. is down by one unit over the last week, according to a weekly rig count report by Baker Hughes.
CNOOC hits large oil and gas find in Bohai Bay
CNOOC Limited has made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay located offshore China.