Fossil Energy

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.

Chrysaor granted permits for two North Sea wells
The Norwegian Petroleum Directorate (NPD) has granted Chrysaor drilling permits for two wells located in the North Sea offshore Norway.

Oil industry scolds Norway’s plan to increase carbon tax
The Government of Norway has revealed plans to increase its national tax on carbon dioxide (CO2) emissions more than threefold by 2030 to help it reach its climate goals.

Scottish firm to dismantle Spirit Energy’s Morecambe platforms
CessCon Decom has been awarded a contract for the decommissioning, dismantling, and recycling of Spirit Energy’s Morecambe Bay DP3 and DP4 platforms.

TMC to supply topside compressors for Shell’s Bonga FPSO
TMC Compressors (TMC) has been contracted to supply a complete offshore topside compressed air system to Shell’s Bonga Main FPSO.

Floatel lands three new deals, reaches agreement with lenders
Offshore accommodation provider and reached an agreement with its lenders, which will enable it to retain the Floatel Endurance in its fleet.

Beach files seismic plan for Prion
ASX-listed Beach Energy, as the operator of retention leases T/RL2, T/RL4 and T/RL5 in the Commonwealth waters of Bass Strait, is proposing to undertake the Prion 3D marine seismic survey over these leases. The purpose of the Prion 3D survey is to acquire geophysical data to gain deeper knowledge of

Shell resumes LNG loadings at Prelude FLNG
LNG giant Shell has resumed cargo shipments from its Prelude FLNG facility offshore Western Australia.

Borr Drilling adds $35 million to backlog with potential for even more work
Offshore drilling contractor Borr Drilling has added about $35 million to its backlog following new contract awards for its jack-up rig fleet.

U.S. offshore rig count stays flat for another week
The number of offshore rigs in the U.S. remained unchanged last week, according to the latest rig count reports by Baker Hughes.

BP relaunches sale of North Sea assets Premier Oil gave up on
BP has reportedly relaunched the sale of its North Sea assets it initially tried to sell to Premier Oil before its takeover by Chrysaor.

ADES on the lookout for new CFO
ADES International is searching for a new Chief Financial Officer (CFO) following the resignation of Khaled Hassan, the group’s current CFO.

Energean takes over Total stake in block off Greece
Energean has completed its acquisition of Total’s entire 50 per cent working interest share and operatorship position in Block 2, offshore Western Greece.

FAR delays Sangomar sale to assess takeover offer
FAR Limited has once again postponed its shareholder meeting scheduled to approve FAR’s stake sale in the Sangomar project off Senegal to Woodside.