Fossil Energy
BP plugs and abandons disappointing Ironbark well
Rig working on BP’s Ironbark-1 well offshore Australia has completed the work scope on the well and departed the location of the well earlier this week.
Stena to deploy automated reporting and analytics tech across its fleet
Independent Data Services (IDS) has been awarded a fleet-wide deal with Stena Drilling for the fully integrated online reporting and analytics services.
DNV GL removes GL from its name as it braces for change
Norway-based classification society DNV GL has unveiled a decision to change its name to DNV on 1 March 2021.
Norway eyeing deep-sea metal mining future instead of oil
Norway, one of the wealthiest countries in the world due to its oil and gas reserves, is looking to transition to deep-sea mining for copper, zinc, and other metals in high demand in green technologies.
First gas produced from Sillimanite South field
Wintershall Noordzee has started up the production of the D12-B3 well, the Sillimanite South field discovery well located in the Southern North Sea.
Verhagen stepping down as Fugro CFO
Netherlands-based Fugro has informed that its chief financial officer (CFO) Paul Verhagen has decided to leave the company. Verhagen joined Fugro as CFO and also member of the board of management in 2014. He will step down after the annual meeting of shareholders on 22 April 2021. He is up for nomin
Spirit Energy hires Maersk rig for North Sea well
Maersk Drilling has been awarded a contract from Spirit Energy for the jack-up rig Maersk Resolve to drill one development well in the UK North Sea.
New CFO for TechnipFMC
TechnipFMC has named Alf Melin as its new executive vice president and chief financial officer, effective January 25, 2021. Melin has been with the company since 1995 and has held multiple leadership positions in finance, treasury and operations. He currently serves as senior vice president, finance
TGS kicks off Espirito Santo 3D seismic off Brazil
Oslo-listed seismic player TGS has launched the Espirito Santo multi-client 3D seismic survey offshore Brazil. This survey should broaden the region’s 3D coverage while adding to the extensive offshore seismic library. It is a dual-azimuth survey, covering 2,694 square kilometres area. For the purpo
Woodside gets go-ahead for two offshore developments
Woodside has received approval from the country’s regulator for the Greater Western Flank 3 and Lambert Deep development drilling and subsea installation.
Premier Oil shareholders sign off on Chrysaor merger
A merger between Premier Oil and Chrysaor has been approved by Premier’s shareholders and the deal is expected to close by the end of 1Q 2021.
ExxonMobil gearing up to spud wildcat well off Brazil
Oil major ExxonMobil is preparing to drill an exploration well in waters offshore Brazil, using Seadrill’s West Saturn drillship.
Shell to cut 330 North Sea jobs
Anglo-Dutch oil giant Shell has revealed plans to cut 330 jobs from its operations in the North Sea, most of them based in Aberdeen.
Rystad: Onshore producers have higher CO2 intensity, while offshore producers are scattered
Rystad Energy has conducted a comprehensive company-level analysis of the world’s upstream industry, identifying the top carbon-intensity performers.