Fossil Energy
Chevron reveals new budget for 2021 well below prior guidance
Chevron revealed a 2021 organic capital and exploratory spending program of $14 billion and lowered its longer-term guidance.
GWO, RenewableUK team up to fast-track oil & gas workers’ switch to offshore wind
Global Wind Organisation (GWO) and RenewableUK are launching a new programme to support the transition of skilled workers from sectors such as oil & gas into renewables. In April 2021, the two organisations will launch GWO Safety Training Access Programme, which will allow workers from other sectors
ConocoPhillips starts production from first redevelopment of shut-in field in Norway
Oil major ConocoPhillips and its partners in the Tor Unit have started production from the Tor II project located offshore Norway.
Strategic Marine to deliver fast crew boat to Malaysian operator
trategic Marine has recently signed a sale and purchase agreement with Malaysian vessel operator Centus Marine for one 40m fast crew boat.
Audit finds improvement points for Neptune at Fenja project
Norwegian offshore safety watchdog has found a couple of improvements points at Neptune Energy’s Fenja project development located offshore Norway.
Woodside prevents FAR’s Sangomar deal with ONGC
Woodside has exercised its right to pre-empt the sale by FAR to ONGC Videsh of FAR’s entire participating interest in the RSSD joint venture in Senegal.
EMGS wins Gulf of Mexico survey
EMGS has received a letter of award for 3D CSEM and magnetotelluric multi-client survey in the Gulf of Mexico. The letter of award comes from one of the EMGS’ existing clients and also represents the first project for this customer in the Gulf of Mexico. Norwegian geophysical services company expect
Global Petroleum to farm-out Namibian block after completing seismic interpretation
Global Petroleum has bought 2D seismic data for a license off Namibia ahead of the farm-out process, set to be launched after the seismic interpretation.
Chevron makes leadership changes and adds new board member
U.S. oil major Chevron has made a couple of leadership changes and added a new member to its board of directors.
Triangle Energy restarts production from Cliff Head well
Australia’s Triangle Energy has resumed production from the CH-7 well at the Cliff Head oil field following a successful workover program.
BP starts drilling Platina field offshore Angola
Oil major BP has begun drilling on the Platina field in Block 18 offshore Angola using Valaris’ DS-12 drillship.
Enhanced Drilling bags framework deal with Vår Energi
Norway-based Enhanced Drilling has secured a framework agreement with energy company Vår Energi. The deal will see Enhanced Drilling provide cutting transportation system (CTS) and also riserless mud recovery (RMR) services on Vår Energi-operated fields. Specifically, RMR ensures all mud and cutting
BOEM sets rules for GoM G&G survey ops
The Bureau of Ocean Energy Management (BOEM) has issued a ‘Record of Decision’ (ROD) establishing safeguards to reduce or eliminate impacts to marine life while setting a path forward for appropriate geological and geophysical survey activities on the Gulf of Mexico Outer Continental Shelf. Geologic
BW agrees VLGC duo sale
BW LPG has entered to sell two very large gas carriers (VLGC) BW Confidence and BW Cedar.