Fossil Energy

Pipeshield lands Oz contract with Subsea 7
Subsea 7 has contracted Tekmar’s Pipeshield to supply concrete mattresses for a project in the Bass Strait, Australia. The work scope for the project comprises the manufacturing and transportation of Bi-flex N2 Edge concrete mattresses to Australia where they will be used for scour protection around

Aker, MAN team up on CCS tech
Aker Carbon Capture and MAN Energy Solutions have signed a technology-cooperation agreement to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with heat recovery.

Malaysia probes Aker Solutions over dealings with Petronas
Malaysia’s anti-graft agency has started investigating oil services provider Aker Solutions on suspicions of making false statements in its dealings with state-owned company Petronas.

Rem Offshore finds work for one more PSV with Apache
Norwegian shipping company Rem Offshore has been awarded another contract for a platform supply vessel (PSV) from Apache in the UK North Sea.

Petrofac hires Intoware to provide workflow software
Oilfield services provider Petrofac has signed a three-year partnership with workflow automation software provider Intoware to develop and deploy workflow automation software specifically tailored to the oil and gas industry.

Deep dive into oil and gas exploration – then, now, and ahead
What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?

Sapura Drilling’s rig heads for Congo to start drilling for Total
Sapura Energy’s drilling subsidiary Sapura Drilling has sent one of its rigs on its way to Congo to start drilling work for French oil major Total.

Seadrill Partners files for voluntary Chapter 11 protection
Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets.

Santos set to reach net-zero decade earlier
Australian energy major Santos has announced its new ambitious emissions reduction targets which will culminate in reaching net-zero by 2040.

PGS resuming Campos Basin 3D shoot
Seismic contractor PGS said it will continue acquisition of the Campos Deepwater GeoStreamer X multi-client 3D seismic survey with multi-azimuth coverage. In December this year, PGS vessel Ramform Titan will resume operations, to acquire an additional 8,400 square kilometres. Ramform Titan will agai

Providence inks Barryroe farm-out deal with SpotOn
Irish oil and gas exploration company Providence Resources has signed a farm-out deal with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.

ExxonMobil to write off up to $20 billion of assets in its biggest impairment ever
ExxonMobil will be taking an impairment charge of up to $20 billion in 4Q 2020 after removing certain dry gas assets from its development plan.

Neptune awards three-year water treatment deal to Separo
Solids control, hazardous waste stream, and wastewater expert Separo has been awarded a three-year contract for the provision of produced water treatment services from Neptune Energy.

Fifty shades of collaboration in time of energy transition
There is little doubt that the past few years have witnessed the rise of energy-related collaborations to an extent never seen before. This is because cross-industry collaborations seem to be crucial for companies to ride the energy transition train which is indeed moving very fast.