Fossil Energy
Total sees profit dive, plans to change name in energy transition push
Total decided to change its name as part of its efforts to anchor its transformation into a broad energy company in line with energy transition
Gazprom restarts Nord Stream 2 pipe laying in Danish waters
The consortium behind the Gazprom-led Nord Stream 2 natural gas pipeline has resumed pipe laying offshore Denmark despite mounting pressure on the project from Washington.
Polarcus calls in the liquidators
The Grand Court of the Cayman Islands has appointed FTI Consulting liquidators to financially troubled seismic contractor Polarcus. The company’s assets were taken over by its lenders following a loan default earlier this year. Last week, Polarcus received notification from the lenders that they no
Petrofac scores well management job with PTTEP
Petrofac’s Engineering and Production Services (EPS) business has secured a well project management contract in Australia with PTTEP.
Aker BP hires Møkster platform supplier
Norwegian offshore vessel owner Simon Møkster has been awarded a new vessel contract from compatriot oil company Aker BP for a drilling campaign in Norway.
IOG picks former Ithaca man as new chief operating officer
Oil and gas company focused on the UK North Sea Independent Oil and Gas (IOG) has appointed a new chief operating officer (COO).
Qatar Petroleum reaches NFE FID, contracts Chiyoda, Technip
LNG giant Qatar Petroleum has taken the final investment decision for developing the North Field East Project (NFE).
Noble Corp. emerges from Chapter 11 with renewed balance sheet
Noble Holding Corporation has completed its financial restructuring and its debtor-affiliates have emerged from Chapter 11 with a new parent company.
Providence gets green light for Barryroe site survey
Oil and gas exploration firm Providence has secured the approval from the Irish government to undertake a seabed and shallow geophysical survey and an environmental baseline and habitat assessment survey, at the K-Site location, Barryroe in the North Celtic Sea. The offshore survey, when completed l
Two Norwegian energy players unite to speed up energy transition efforts
Norwegian HitecVision and compatriot Agder Energi are teaming up to develop new companies for the coming energy transition.
Sypris wins on two high-pressure energy projects
Sypris Technologies, a subsidiary of Sypris Solutions, has recently received orders for its Tube Turns D-bolt and Tool-less specialty closures for use in high-pressure oil and gas applications. Specifically, contracts include the Anchor Field development project in the Gulf of Mexico and the planned
Valaris one step closer to emerging from Chapter 11
Offshore drilling contractor Valaris is one step closer to emerging from the Chapter 11 process following an agreement with lenders.
Equinor granted Isflak well drilling permit
Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Barents Sea, offshore Norway.
TechnipFMC picks up Karish risers
TechnipFMC pipelay vessel Deep Blue has recently completed spooling of Energean’s Karish steel catenary risers at its spoolbase in Mobile, Alabama. The Deep Blue is currently transiting to Limassol, Cyprus where it will perform mobilisation of the riser end structures. TechnipFMC won an integrated e