Fossil Energy
Trendsetter equipment for LLOG subsea developments
Trendsetter Engineering has secured a contract for the provision of subsea manifold and TCS connection systems for LLOG Exploration Offshore‘s Spruance and Dome Patrol subsea developments in the Gulf of Mexico. The manifold will feature Trendsetter’s TCS subsea production connectors along with produ
After a rocky start to the year, BW Offshore moves to seize energy transition opportunities
After a rocky start to the year, BW Offshore is investing in the floating offshore wind to position itself as an early mover in the energy transition.
Rystad Energy: Offshore wind jobs to triple by 2030
Workforce demand in offshore wind will rise dramatically over the next decade, with the number of jobs in this sector reaching around 589,000 in 2025, while 2030 could see 868,000 full-time offshore wind jobs. Currently, it is estimated that around 297,000 people are working in the sector. This is a
Petronas awards block off Malaysia to ConocoPhillips
Malaysian energy giant Petronas has awarded Block SB405 offshore Malaysia to ConocoPhillips and Petronas Carigali Sdn. Bhd.
Big oil output to peak lower and earlier than expected, Rystad says
The world’s oil and gas industry’s production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows.
Woodside to go ahead with Myanmar exploration plans regardless of coup
Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and would not affect its offshore drilling plans.
Worley lands five-year services deal with Chevron
Worley has been awarded a global contract for early-phase engineering services by Chevron, through its Chevron Technical Centre division.
Beach files plan for Geographe subsea campaign
Australian oil and gas firm Beach Energy is proposing to undertake subsea installation and commissioning works within petroleum production licence VIC/L23. Specifically, these activities are part of the Otway Phase 4 Development project, which aims to increase gas supply to the Beach-operated Otway
Eni narrows quarterly loss but output takes a hit
Italian oil and gas company Eni managed to cut its losses in the fourth quarter of 2020 as its production dropped by 11 per cent year-over-year.
Petronas to offer 13 offshore exploration blocks in new bid round
Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia Bid Round (MBR) 2021 launch on 26 February 2021.
Petrofac sells UK training business to 3t Energy
3t Energy Group has exchanged contracts with oilfield services provider Petrofac for the purchase of its UK training centres.
Chrysaor spuds North Sea well with COSL rig
Drilling operations on the Chrysaor-operated Jerv exploration well, located offshore Norway, started on 18 February 2021, using the COSLInnovator rig.
Norway: Oil firms increase 2021 spending plans. Decline set for 2022
Oil and gas companies in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022, the national statistics office (SSB) survey said.
Equinor faces safety order over Snorre incident
Norway’s offshore safety watchdog has issued Equinor with a notification of order following an incident at Snorre B platform offshore Norway.