Fossil Energy

Shell extends topside maintenance deal with Dayang
Dayang Enterprise Holdings has received a contract extension from Shell for the provision of topside major maintenance services offshore Malaysia.

Gov’t funding for Canada’s offshore oil sector to protect jobs
Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs.

Spirit Energy may face penalty over discharges from North Sea platform
Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty.

Petrobras says new oil discovery reinforces pre-salt potential in Búzios
Brazilian oil and gas company Petrobras has made a new oil discovery located in the deepwater Búzios field offshore Brazil.

NEL Hydrogen to deliver PosHYdon electrolysis system
Norway’s NEL Hydrogen ASA has won the contract to deliver the offshore electrolysis system for the PosHYdon project in the Dutch North Sea. The PosHYdon pilot is an initiative of Nexstep, the Dutch association for decommissioning and reuse, and TNO, the Dutch organisation for applied scientific rese

Rystad expects 2021 to bring largest crude deficits in years
The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.

Woodside wraps up Senegal deal with Cairn
Woodside Energy has completed the acquisition of Cairn’s entire participating interest in the Senegal offshore joint venture.

U.S. offshore rig count goes up a notch
The number of offshore rigs in the U.S. increased by one unit over this week, according to a weekly rig count by Baker Hughes.

India told to pay Cairn $1.2 billion in tax arbitration case
The Indian government has been ordered to pay oil and gas company Cairn Energy $1.2 billion following an arbitration award in a tax dispute case.

Nord Stream 2 to start laying pipes in Danish waters in January
Russia’s Nord Stream 2 gas project is expected to start laying pipes for the gas pipeline in Danish waters in January 2021.

Best Wishes from Offshore Energy!
Best Wishes from Offshore Energy!

Heerema’s Thialf removes Sable facilities for ExxonMobil
Heerema’s Thialf vessel completed the eight-month-long campaign to remove the Sable Project’s offshore facilities on behalf of ExxonMobil in Canada.

Norwegian court’s ruling in favour of Arctic drilling sparks outrage
Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by issuing new exploration licences for Arctic drilling.

EMGS firms up Gulf of Mexico deal
Norwegian firm Electromagnetic Geoservices (EMGS) has officially signed a new contract for a project in the Gulf of Mexico. Earlier this month, EMGS received a letter of award for 3D CSEM and magnetotelluric multi-client survey, pending final contract execution. The letter of award came from one of