Fossil Energy

Keppel cancels Awilco Drilling rig contract. Slaps another arbitration notice
Singapore-based offshore drilling rig builder Keppel has terminated a construction contract with Awilco Drilling for the Nordic Spring semi-submersible drilling rig and served Awilco with a notice of arbitration.

Inpex pens domestic LNG deal from Abadi project
Japan’s Inpex has signed a memorandum of understanding with Indonesia’s Perusahaan Gas Negara for domestic LNG supply from the Abadi LNG project.

FSO Golden Star takes in first condensate from Vietnamese project
Malaysia Vietnam Offshore Terminal’s (MVOT) FSO Golden Star has received first condensate at the Sao Vang and Dai Nguyet (SVDN) project offshore Vietnam.

U.S. weekly offshore rig count up a notch
The number of active offshore rigs in the U.S. is up by one unit over the last week, according to a weekly rig count report by Baker Hughes Company.

Santos inks Barossa LNG deal with Mitsubishi
Australian energy company Santos had signed a long-term LNG deal with Mitsubishi Corporation’s Diamond Gas International.

Australian firm starts work on offshore carbon capture and storage project
Australian company Transborders Energy has lined up the country’s national science agency and Japanese firms to work on a plan to capture carbon dioxide, liquefy it, and transport to a site offshore Australia to be injected under the seabed.

Denmark to end oil and gas era by 2050
The Danish Parliament has announced that it will cancel all future licensing rounds for new oil and gas exploration and production permits in the Danish part of the North Sea and end existing production by 2050.

OGA launches study to create potential energy hub
The Oil and Gas Authority (OGA) has hired Progressive Energy to conduct an in-depth feasibility study which would identify the value of establishing an energy hub on the Norfolk coast.

Equinor drills duster in Barents Sea
Norwegian oil major Equinor has failed to find hydrocarbons after drilling a wildcat well in the Barents Sea offshore Norway.

BOEM: Oil and gas production can increase with economic policy changes
New research by the U.S. Bureau of Ocean Energy Management (BOEM), with support from the Bureau of Safety and Environmental Enforcement (BSEE), has indicated that certain economic policy changes are required to increase oil and natural gas production in the Gulf of Mexico (GoM) using deepwater infra

Solstad Offshore secures work for Normand Maximus vessel
Norwegian vessel owner Solstad Offshore has signed a contract for the offshore construction vessel Normand Maximus to support operations for an unnamed client in Latin America.

Italian oil & gas major buys into world’s largest offshore wind farm
Eni has entered into agreements with Equinor and SSE Renewables to acquire 10 per cent stake in Dogger Bank A and B from each, which will lead to a shareholding setup of SSE and Equinor each owning 40 per cent and Eni holding 20 per cent in the first two phases of what will become […]

MOL Norge gets drilling permit for North Sea well
The Norwegian Petroleum Directorate (NPD) has granted MOL Norge a drilling permit for a wildcat well in the North Sea offshore Norway.

NPD reveals new executive team
The Norwegian Petroleum Directorate (NPD) has revealed almost its entire new set of level-two executives with ten of eleven now in place.