Fossil Energy

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.

Wintershall Dea curbs Dvalin gas flows over mercury issues
Wintershall Dea has decided to postpone the commercial gas production from its Dvalin field due to a high level of mercury in the gas flow.

Energean takes subsea tieback FID off Egypt
London-based Energean has taken the final investment decision on the North El Amriya and North Idkunea (NEA/NI) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered and appraised gas fields (Yazzi and Python) while the NI concession contains four discovered ga

NEO Energy in talks to buy ExxonMobil’s North Sea assets
HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea.

Santos post record production figures
Australian gas producer and GLNG operator, Santos reported record annual production, as well as record quarterly production in the quarter ending December 31, 2020.

Biden steers U.S. back towards Paris Agreement on his first day
U.S. President Joe Biden has announced America would return to the international Paris Agreement to fight climate change.

Woodside reports Q4 revenue rise
Australia’s Woodside Petroleum on Thursday reported a jump in revenue in the fourth quarter of 2020, as oil and gas prices increased.

EnQuest takes over Bressay field operatorship
Oil and gas company EnQuest has completed the acquisition of the Bressay field interest from Equinor and taken over field operatorship.

Dolphin rig lands new deal in Norway
Dolphin Drilling has secured another rig contract with a new Norwegian operator. This time with INEOS Energy on the Norwegian Continental Shelf.

JDR lands umbilical deal in Malaysia
JDR has won a contract with UMD Energy to manufacture and supply a 2.7 kilometres long subsea production umbilical for the Ledang Redevelopment Segment 2 project, offshore Malaysia. The umbilical will provide connection from the unmanned remote platform to the subsea production control system. JDR w

Elon Musk’s SpaceX buys two Valaris rigs to build rocket launchpads
Elon Musk’s SpaceX reportedly bought two Valaris rigs last year to convert them into floating launchpads for its Starship rocket.

BHP finds nothing in Trinidad’s big oil hope
Australian oil and gas company BHP has confirmed that one of its highly expected wells offshore Trinidad and Tobago came up dry.

UK offers best profitability for development of big offshore fields, Rystad says
The UK offers operators best profit conditions to develop big offshore fields and Kuwait and Canada follow, according to Rystad Energy.

UK subsea sector optimism continues to improve
The latest survey on the UK’s Subsea sector has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide insight in