Fossil Energy

BPC faces disruption by environmental activists over Bahamas well
Environmental activists have raised concerns with a Bahamas court related to Bahamas Petroleum Company’s plans to drill the Perseverance #1 offshore well.

Kosmos closes farm down of exploration assets to Shell
Kosmos Energy has closed the transaction with Shell to farm down interests in Suriname, Sao Tome & Principe, and Namibia.

New CFO to join Maersk Drilling in early 2021
Maersk Drilling has appointed a new Chief Financial Officer as its current CFO is planning to leave the company early next year

Go Marine vessel to support Santos drilling campaign
Go Marine has been awarded a contract by compatriot Santos for the provision of an anchor handler in support of drilling campaign off Australia.

PHOTO: Heerema crane vessel titans meet in Port of Rotterdam
Heerema Marine Contractors’ massive semi-submersible crane vessels Sleipnir and Thialf finally met in the Port of Rotterdam for the first time on Saturday, 5 December.

Petrobras hires DOF anchor handler in Brazil
Norwegian offshore vessel owner DOF Group has won a contract award from the oil giant Petrobras for operations offshore Brazil.

Total boasts positive test results from South African well
Total has delivered positive test results that show high condensate yield and excellent reservoir connectivity at its Luiperd-1X well offshore South Africa.

HALO acquires Schooner field for reactivation. Platform not part of the deal
Oil and gas company Hague and London Oil (HALO) has set out plans to reactivate the out-of-production UK North Sea field and reroute gas through infrastructure in the Netherlands.

Eni and Saipem in push to reduce carbon footprint through new collaboration
Italian oil and gas giant Eni and oilfield services provider Saipem are entering into a collaboration for decarbonization projects in Italy.

USA: 91,680 oilfield services jobs disappear due to pandemic
The U.S. oilfield services sector has lost 91,680 jobs due to the effects of the Covid-19 pandemic, according to a monthly report compiled and published by trade group Petroleum Equipment & Services Association (PESA).

Offshore helicopter traffic tumbles in 2020 but recovery in sight, Rystad says
Global demand for offshore helicopter transport to offshore facilities plunged in 2020 as a result of the Covid-19 pandemic, a Rystad Energy report shows.

Helix and SBS setting new records in Gulf of Mexico
SBS Energy Services (SBS) has completed a multi-phase project to decommission approximately 8.8 kilometres of insulated pipeline in the Gulf of Mexico in partnership with Helix Energy Solutions, setting a new offshore snubbing unit/hydraulic workover world record. The project, which wrapped up in 22

Hibiscus pushes back investment decision on Marigold development
Malaysian operator Hibiscus Petroleum has pushed back a final investment decision (FID) for the Marigold development in the UK part of the North Sea.

W&T boosts 4Q guidance after restoring Gulf of Mexico output
W&T Offshore has restored production that was shut-in due to an active storm season in the Gulf of Mexico and increased its production guidance for 4Q 2020.