Fossil Energy
Depressed demand drags BP profit down
BP recorded a significant decrease in its quarterly profit due to lower demand, exploration write-offs, and lower oil and gas prices
AGR inks strategic framework deal with dCarbonX
Energy consultancy AGR said that its Well Management business unit has entered into a strategic framework agreement for decarbonisation exploration with UK-based dCarbonX. The Scope covers supporting dCarbonX in the development of GeoEnergy resources. This includes carbon capture, use and storage (C
Petrobras inks deals for sale of shallow-water fields
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.
End of role for MMH CEO
MMH Malta, a port facility and provider of services for offshore drilling rigs, has revealed that its CEO has come to an end of his role in the company.
C-Innovation wins BP extension for RLWI services in Gulf of Mexico
C-Innovation, an affiliate of Edison Chouest Offshore, has secured a one-year contract extension with BP for riserless light well intervention (RLWI) in the Gulf of Mexico. Currently mobilised, the vessel Island Venture and team are in the field working on one of BP’s assets now. The initial RLWI co
PGS delivers 3D seismic for Brazil’s 17th bidding round
Seismic contractor PGS has completed GeoStreamer acquisition on 17th Round Blocks in Campos Basin offshore Brazil. Ramform Titan has surveyed additional open acreage to complete PGS coverage of the emerging plays of the outboard Campos Basin. This survey provides the first 3D seismic for Brazil’s 17
NHV helicopters to support Neptune in North Sea
NHV Group has won a new long-term contract with Neptune Energy in support of its Seagull field development located in the UK Central North Sea.
Shearwater grabs Southeast Asia 3D shoot
Seismic exploration company Shearwater GeoServices said it has secured a marine seismic 3D survey in Southeast Asia. The project should start in the second quarter of this year and last for about two months. It covers approximately 1,500 square kilometres. Shearwater has not disclosed the client nor
Awilco Drilling CEO quits as ‘prerequisites change’
Awilco Drilling has informed that its CEO, Jens Berge, has decided to leave the company with effect from 1 February to pursue other opportunities.
Magseis Fairfield wins 4D OBN survey in Norwegian North Sea
Seabed seismic player Magseis Fairfield has won a 4D ocean bottom node monitor survey in the Norwegian North Sea for an undisclosed E&P company. The survey should commence late in the first quarter 2021 and last for approximately 1 month. Magseis Fairfield CEO, Carel Hooijkaas, said: “This project i
‘We are not where we need to be’ regarding safety, Equinor CEO says
Although Equinor experienced several serious incidents throughout the year, it was able to achieve a reduction in the number of serious incidents and personal injuries in 2020 compared to the previous year.
Masirah starts production from second Yumna well
Oil and gas company Masirah Oil has started production from the second development well drilled in the Yumna field, which is located offshore Oman.
Melbana progressing with Beehive farm-out talks
Oil and gas company Melbana Energy has revealed that there are several interested parties in taking a stake in the company’s WA-488-P license offshore Australia which contains the Beehive prospect.
U.S. energy secretary pick Jennifer Granholm backs Biden’s green push
After many negative comments targeted President Biden’s plan to halt oil and gas leasing, the nominee for the position of energy secretary Jennifer Granholm defended the administration’s push for a clean energy transition.