Fossil Energy

Solstad picks up PSV deal for work in UK North Sea
Norwegian vessel owner Solstad Offshore has been awarded a term contract for a platform supplier vessel (PSV) with an undisclosed operator.

Ex-Simec Atlantis boss to lead Global Energy Group
Energy sector service provider Global Energy Group has appointed former Simec Atlantis head Tim Cornelius to the role of group chief executive. Cornelius will be responsible for group financial performance, group strategy as well as transition management from a hydrocarbon to a low-carbon business f

CSV Southern Ocean scores Boskalis charter
Boskalis has awarded a charter contract to Bourbon and Oceanteam jointly-owned construction support vessel (CSV) Southern Ocean. According to Oceanteam, works on this contract should commence in February 2021 for a period of approximately two months. Boskalis’ primary activity under this contract wi

OMV Petrom invests over $38 million in new Black Sea campaign
Oil and gas company OMV Petrom is making an investment of approximately EUR 32 million ($38.6 million) in a new drilling campaign in the Black Sea.

Shelf Drilling hit with two early contract terminations
Offshore drilling contractor Shelf Drilling has received early contract terminations from ADNOC Drilling for two jack-up rigs.

Maersk Drilling firms up Suriname contracts with Total
Offshore drilling contractor Maersk Drilling has firmed up contracts with Total for two floater rigs to be used for drilling operations in Suriname.

U.S. offshore rig count up by one unit
The number of offshore rigs in the U.S. decreased by one unit last week, according to weekly rig count reports by Baker Hughes.

Total parts ways with American Petroleum Institute over differences in climate positions
French energy giant Total has decided to withdraw from the American Petroleum Institute (API) following a detailed analysis of API’s climate positions.

Petronas takes Pacific drillship for Mexico well
Offshore drilling contractor Pacific Drilling has secured a contract for a drillship with Malaysian giant Petronas for operations offshore Mexico.

Porthos CCS project: Industry targets €2 billion in Dutch subsidies
Four companies Air Liquide, Air Products, ExxonMobil and Shell have registered for a total of €2 billion from the sustainable energy transition subsidy scheme (SDE++) as part of the Porthos project for CO2 capture and storage in Rotterdam. Port of Rotterdam CO₂ Transport Hub and Offshore Storage (Po

Ex-Petrofac exec pleads guilty in bribery case related to contracts in UAE
A former executive at Petrofac has pleaded guilty to bribery offences related to contract awards to Petrofac in UAE worth about $3.3 billion.

Greener O&G production with floating wind and wave power
Floating Power Plant (FPP) and partners Lundin Energy Norway, NOV-APL, Semco Maritime, Cefront Technologies and Aalborg University have completed a project aimed at using floating wind and wave power to support an offshore oil and gas facility. According to FPP, the project shows that using renewabl

Lundin set to drill North Sea well
Norway’s offshore safety regulator has given Lundin consent for exploration drilling of an offshore well using the West Bollsta rig.

Chevron backs carbon capture startup
Chevron has made an investment in Blue Planet, a startup that manufactures and develops carbonate aggregates and carbon capture technology.