Fossil Energy
Subsea 7 director Stevens passes away
Subsea 7 informed that its non-executive director and senior independent director Allen Stevens passed away on 10 January 2021. Stevens started in the shipping industry in financial planning at Sea Land Service Inc. and subsequently served as Treasurer of McLean Industries Inc. from 1972 to 1988. As
Final stages of Buchan Alpha decommissioning completed
John Lawrie Decom, a metal recycling specialist, has completed the final stages of the Buchan Alpha decommissioning project in the UK.
CGG wraps up Barents Sea seeps study
CGG’s Satellite Mapping group recently completed a high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD). The aim of the study was to increase petroleum system knowledge across the northern Barents Sea. CGG Satellite Mapping has over twenty-five years of e
Total and ExxonMobil tap Strohm to boost TCP tech
Thermoplastic composite pipe (TCP) specialist Strohm has secured a contract with Total and ExxonMobil for a qualification testing programme for a high pressure, high temperature TCP. The qualification project will create a foundation for further development of this TCP technology for riser applicati
Neptune awards Cygnus contracts to Oceaneering and Stork
Neptune Energy has awarded integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork.
Canada greenlights three offshore drilling projects
The Government of Canada has allowed for three offshore exploration drilling projects operated by BHP, Equinor, and Chevron to proceed.
Turkey and Greece to resume talks over disputed waters
Turkey and Greece will continue exploratory talks over territorial claims in the Mediterranean Sea that almost brought the two to blows during 2020.
Stanford Marine rescued by Dubai’s asset manager saving 1,800 jobs
SHUAA Capital, an asset management and investment banking platform, has completed a debt buyout of Stanford Marine Group’s $308 million facility.
Bowleven promotes director to chairman role
Africa-focused oil and gas exploration group Bowleven has named a new non-executive chairman with immediate effect.
Marathon Oil strengthens board with former Noble man
Houston-based oil and gas company Marathon Oil has appointed a new member of its board of directors.
Ocyan and Petrobras seal the deal for ultra-deepwater drillship
Brazilian oil and gas services provider Ocyan has been awarded a contract for an ultra-deepwater drillship by Petrobras in Brazil.
High-impact exploration in 2021 could reach 100 wells, Westwood says
Westwood has reported that 72 high-impact wells were drilled in 2020, which is below 2019 level when 99 wells were drilled. In 2021, Westwood’s projections indicate that activity could at least reach 2020 levels with the potential to reach up to 100 wells.
McDermott executes KG-D6 R Cluster project for Reliance
McDermott has completed the KG-D6 R Cluster subsea field development project and achieved pre-commissioning and ready for startup for Reliance in the Krishna Godavari Basin, located off the east coast of India. For the KG-D6 R Cluster project, McDermott built a yard facility in India for the fabrica
Finder Energy picks up offshore permit near Dorado
Perth-based oil and exploration company Finder Energy has been awarded a 100 per cent interest in the exploration permit WA-547-P located near the massive Dorado discovery offshore Australia.