Fossil Energy

Beach Energy to develop Trefoil using subsea tiebacks
Oil and gas company Beach Energy has revealed it would be using subsea tiebacks and existing infrastructure to develop its Trefoil project offshore Australia.

BW Offshore buys into Ideol
The oil & gas services provider BW Offshore has signed a share purchase agreement to become a strategic owner of the floating wind technology developer Ideol. The deal will see BW Offshore obtaining a 50 per cent stake by investing EUR 60 million and the establishment of BW Ideol, a global integrate

Mubadala Petroleum elects new CEO to take it forward amid energy transition
Oil and gas company Mubadala Petroleum, a subsidiary of Mubadala Investment Company, has appointed Mansoor Mohamed Al Hamed as its CEO.

Shearwater grabs another Petrobras contract
Seismic exploration company Shearwater said it has won a ‘substantial’ contract for deepwater ocean bottom node seismic acquisition for Petrobras’ Tupi and Iracema projects in the Santos Basin offshore Brazil. This will be the largest OBN seismic survey in Brazil at the Tupi field. It will also be a

Lukoil jumps in with takeover offer for FAR
Following a failed attempt to enter into the RSSD project off Senegal through the acquisition from Cairn, Lukoil has now made a takeover offer for FAR.

Norway: January oil output on par with NPD predictions
Norway had a good start to the new year with oil production in January 2021 on par with forecasts made by the Norwegian Petroleum Directorate (NPD).

Aker Solutions to work on Troll electrification for Equinor
Aker Solutions has secured a letter of intent from Equinor for the topside work on the Troll B and C platforms offshore Norway to reduce the CO2 emissions.

AGR to advise Gassnova on carbon capture and storage
Energy consultancy AGR has signed a framework agreement with Gassnova for carbon capture and storage technical advisory services. Norway’s Gassnova facilitates the development of technology and solutions to enable cost efficient and progressive solution for the capture and storage of CO2. AGR will d

PTTEP to boost Malaysian energy supply following first gas from deepwater fields
PTTEP has confirmed the start-up of gas production from the Rotan and Buluh fields off Malaysia, which will increase the domestic LNG production capacity

JV preparing to drill Guyana well in 2H 2021
A joint venture between Frontera Resources and CGX Energy is now preparing to drill an exploration well offshore Guyana in H 2021.

PGS aims at Lower Congo Basin with new shoot off Angola
Norwegian seismic player PGS, in cooperation with ANPG, has begun a new fully prefunded MultiClient 3D survey in the Lower Congo Basin, near the river plume of the Congo in Angola Block 1/14. The acquisition phase will continue until April, with fast-track data expected in October 2021. PGS vessel R

Save the date for Offshore Energy Exhibition & Conference 2021
Offshore Energy Exhibition and Conference (OEEC) will take place in Amsterdam RAI on Tuesday 26 and Wednesday 27 October 2021. The 14th edition of OEEC will have a physical exhibition floor and content programme combined with an online event and matchmaking environment. The dates for the event were

Kværner orders slipform systems for Hywind Tampen floating wind farm
Kværner has selected German engineering company Dominion for the design, supply, and supervision services for the slipform systems that will erect the concrete wind towers for the Hywind Tampen floating wind project. Dominion said its cylindrical and conical sets of slipform systems can be used mult

TechnipFMC and Technip Energies set off as independent entities
TechnipFMC today officially completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies has set its technical reference price at €9.00 ahead of its direct listing on the Euronext Par