Fossil Energy

U.S. imposes sanctions on vessel set to work on Nord Stream 2 pipeline
The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline, as the Trump administration sought to raise pressure on the project on its last day in office.

Two offshore workers charged for allowing Gulf of Mexico oil spills
Two Fieldwood Energy workers have been indicted for allegedly allowing crude oil spills from Gulf of Mexico platforms to avoid shutdowns.

Occidental ‘doing more than Tesla’ to reduce carbon emissions
U.S. oil company Occidental Petroleum claims that it is doing more than American electric vehicle and clean energy company Tesla to reduce greenhouse gas emissions.

FAR inks Senegal sale deal with Woodside
FAR Limited has executed a sale and purchase agreement with Woodside related to the sale of FAR’s interest in the Senegal RSSD Project.

New pipeline to boost Israel’s gas export to Egypt
Partners in Israel’s largest natural gas fields Leviathan and Tamar will invest in new pipeline system to export the fuel to Egypt. Chevron, as the operator of both gas fields, has entered into an agreement with Israel Natural Gas Lines (INGL) for the provision of transmission services of natural ga

Halliburton encouraged by activity recovery despite 4Q loss
Halliburton booked a loss in 4Q 2020. While the loss is bigger compared to 3Q 2020, it is significantly smaller in a year-over-year comparison.

Partners exit Bangladesh offshore block
Partners in the exploration block SS-11, located offshore Bangladesh, have decided to relinquish their interests in the block, according to KrisEnergy.

Third Island Offshore vessel starts operating for Lundin
Offshore vessel provider Island Offshore now has three hybrid platform supply vessels (PSVs) in service for Lundin Energy in Norway.

Petrojarl Banff FPSO to be recycled at M.A.R.S.
M.A.R.S. Europe has been awarded a contract by Teekay for dismantling and recycling of the Petrojarl Banff FPSO, after 21 years of service in the North Sea.

Winterfell Gulf of Mexico well pays off
U.S.-based oil and gas Kosmos Energy has made an oil discovery in the U.S. Gulf of Mexico at the Winterfell infrastructure-led exploration well.

Norway offers 61 offshore licences to 30 companies
The Norwegian Ministry of Petroleum and Energy has offered 61 production licences on the Norwegian continental shelf in the APA 2020 to 30 companies.

Spirit taps Wood for late-life solutions on Morecambe
Wood has entered into a new agreement with Spirit Energy to partner on the delivery of late-life solutions for the Morecambe Bay gas fields.

Archer and Altus bag North Sea contract with Equinor
Equinor has awarded Archer, in alliance with Welltec Oilfield Services and Schlumberger, a contract to provide integrated wireline services.

Equinor awards one more well to Odfjell rig
Offshore drilling contractor Odfjell Drilling has been awarded more work for its Deepsea Atlantic rig by Equinor in Norway.