Fossil Energy
Three dead after fire on offshore vessel in India
An offshore supply vessel with a crew of 18 caught fire on Saturday while off Mumbai, India resulting in deaths of three offshore workers.
Carnarvon farms out Buffalo stake to Advance. New well set for 2H 2021
Australian oil exploration company Carnarvon Petroleum has farmed out up to 50 per cent interest in the Buffalo project offshore Timor-Leste to Advance Energy with drilling of a new well on the field set for later this year.
Equinor field at risk of shutdown over possible strike at Mongstad
Norwegian oil and gas company Equinor has warned that possible strike action at the Mongstad refinery could affect offshore fields on the NCS.
Petronas FLNG Dua produces first LNG
Malaysian energy giant Petronas’ second floating (FLNG) facility, PFLNG Dua, produced its first drop of LNG recently.
U.S. offshore rig count up by one unit
After three flat weeks, the number of offshore rigs in the U.S. increased by one unit last week, according to weekly rig count reports by Baker Hughes.
Vysus to support Norwegian offshore safety watchdog
Petroleum Safety Authority (PSA), the agency responsible for safety in the petroleum sector across the Norwegian continental shelf, has awarded a framework agreement with global engineering and technology company Vysus Group.
Rystad highlights subsea boosting as opportunity for more than 200 oil projects
Subsea boosting could make an immediate increase in production profitably on more than 200 oil projects globally, according to Rystad Energy’s newly launched Subsea Processing Screening Tool. The increase in recoverable reserves for the top 100 projects, out of more than 200 projects identified wher
Marathon Oil lays off around 100 employees in the U.S.
Houston-based oil and gas company Marathon Oil has laid off around 100 employees in the U.S. or around five per cent of its total workforce.
Vantage to manage deepwater floaters for Seadrill Partners
Vantage Drilling has entered into an agreement to manage Seadrill Partners’ drilling rigs following the latter’s filing for Chapter 11 bankruptcy.
Harland & Wolff taking over BiFab Methil, Arnish sites
Owner of the Harland & Wolff shipyards, InfraStrata, is acquiring the assets of Scotland’s Burntisland Fabrication (BiFab) at Methil in Fife and Arnish in Western Isles. BiFab officially went into administration in December 2020 after a deal for jacket foundation work for the Neart Na Gaoithe (NnG)
OGA: New UK net-zero target strategy comes into force
The revised Oil and Gas Authority (OGA) Strategy featuring a range of new net-zero obligations for the UK oil and gas industry has come into force.
Maersk Drilling adds more work to backlog with new Shell and NAM deals
Offshore drilling contractor Maersk Drilling has won new contracts for two of its drilling rigs. One contract is with Shell and the other one is with NAM.
Magseis Fairfield lands new Gulf of Mexico project
Seabed seismic player Magseis Fairfield has secured a new deep-water 4D OBN monitor survey in the US Gulf of Mexico for a repeat customer. The company plans to carry out the survey with its ZXPLR technology, currently in use for ongoing projects in the same geographical area. Mid-December last year,
Beach gears up to drill up to six wells with Diamond rig
Beach Energy’s environment plan for development drilling and well abandonment in the Otway Basin off Australia has been accepted by Australian authorities.