Fossil Energy
Subsea 7 grabs Angola contract
Subsea 7 has won a contract from Cabinda Gulf Oil Company (CABGOC) for the Sanha Lean Gas Connection (SLGC) project offshore Angola. Specifically, the project comprises the construction and installation of the Lean Gas Platform (LGP) system in Block-0 off Angola. It takes place at a water depth of a
KenzFigee bags five-year services deal with Dana
KenzFigee has secured a five-year deal to provide its TotalCare Lifting Services for Dana Petroleum’s operations in the UK.
Two Kerogen controlled oil players outline net-zero strategies
Norwegian oil and gas company Pandion Energy has launched its strategy to achieve net-zero carbon emissions, recognizing the importance of climate change.
Inpex eyes 2D seismic in Browse and Canning Basins
Inpex plans to carry out a 2D seismic survey of two exploration permits in the Browse and Canning Basins offshore Western Australia. The survey includes exploration permits WA-532-P and WA-533-P in the Browse and Offshore Canning Basins. The 2D seismic survey will also include the acquisition of sei
Spirit Energy extends partnership with contractor trio
Spirit Energy has extended agreements with Subsea 7, TechnipFMC and DNV GL for future developments offshore Norway. The new 5-year deals are a continuation of supplier collaboration that started in 2015, and which has contributed to Spirit Energy delivering its first development on the Norwegian She
Biden halts federal oil and gas permitting in climate push
The Biden administration has opted to temporarily suspend oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program.
PetroRio becomes full owner of Frade field
Brazilian oil and gas company PetroRio has approved the acquisition of the 30 per cent interest in Frade field from compatriot state-owned company Petrobras.
Ithaca shuts down North Sea platform over Covid-19 outbreak
Production on the Ithaca Energy-operated platform located in the North Sea has been shut down due to a Covid-19 outbreak.
Equinor, Nordic Unmanned to study offshore oil and gas drone use
Norwegian oil major Equinor has hired compatriot data solutions company Nordic Unmanned to conduct a study on how remotely piloted aircraft systems (RPAS) could be used in an offshore setting.
Baker Hughes back in black after three quarters
Oilfield services major Baker Hughes has booked $653 million profit in the fourth quarter of 2020, against $48 million same time last year. This result also marks the company’s return to profit after posting third loss in a row at the end of Q3 last year. Nevertheless, Baker Huges reported adjusted
Serica Energy gets Rhum license renewal
UK oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) relating to the North Sea Rhum field in which the company has a 50 per cent interest.
Rystad: Oilfield services sector will struggle to repeat former glory amid energy transition push
The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.
Mubadala enters Shell’s Red Sea block
Mubadala Petroleum has signed a concession agreement for the Shell-operated Block 4 located in the Red Sea offshore Egypt.
Energean could push back first gas from Karish to 2022
Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target of around year-end 2021.