Fossil Energy

Talos struggling to reach steady production at Gulf of Mexico field
Talos Energy has encountered difficulties in reaching stabilized production from the Bulleit field located in the U.S. Gulf of Mexico.

Update: Shell nearing Prelude FLNG restart?
Liquefied natural gas (LNG) giant Shell could be gearing up to restart production from its Prelude FLNG facility offshore Western Australia.

CGG and Magseis Fairfield wrap up Cornerstone OBN survey
CGG and Magseis Fairfield have completed the 2020 acquisition of the largest OBN survey ever acquired in the North Sea. The OBN Cornerstone 2020 multi-client survey in the UK Central North Sea commenced in March 2020. The survey saw approximately 1,650 square kilometres of long-offset, full-azimuth

Repsol reveals new strategic plan to accelerate energy transition
Spanish oil company Repsol has unveiled its 2021 – 2025 strategic plan which will advance its net-zero emissions objective.

Keppel wins $74.7 million FPSO conversion deal
Singapore’s offshore rig and vessel builder Keppel Offshore & Marine Ltd (Keppel O&M) has won a contract from a repeat customer worth about S$100 million ($74.7M) for the fabrication and integration work on a floating production storage and offloading vessel (FPSO).

BP and Ithaca produce first oil from North Sea project
BP and Ithaca Energy have started production from the Vorlich development, in the UK North Sea, which was the target of environmental protests back in 2019.

NBO delivers first domestic deep-water umbilical project in China
Ningbo Orient Cable (NBO) has completed the delivery of the LH 29-2 deep-sea SPS umbilical project for China National Offshore Oil Corporation (CNOOC). This is the first deep-water static umbilical project (800 meters water depth, 9 super duplex SS tubes) which realise the production localisation in

Jersey gains full control of North Sea asset with CIECO V&C buy
Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire CIECO V&C, which will give it full ownership of a North Sea licence.

Oil price hits highest levels since March over vaccine hopes
Brent crude oil prices reached highest levels since March as news of another promising coronavirus vaccine raised hopes of a quicker recovery in oil demand, while U.S. President-elect Joe Biden received the go-ahead to begin his leadership transition.

Shearwater lands Petrobras OBN 4D survey
Seismic exploration company Shearwater GeoServices has secured a contract from Petrobras for a large ocean bottom node (OBN) 4D baseline survey over the Jubarte field in the Campos Basin offshore Brazil. The 810 square kilometres survey will commence in the first half of 2021 and take place over a 3

Aker BP deploys robotic dog on North Sea FPSO
Aker BP and Cognite have partnered to deploy Spot, the quadruped robotic dog, to pioneer the remote-controlled offshore mission on the Skarv installation.

Melbana gets two new offshore permits next to Beehive prospect
Melbana Energy has been awarded two additional petroleum exploration permits offshore northern Australia, close to the Beehive Prospect.

U.S. offshore rig count stable at 12 units
The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.

Saipem hired for FEED services on Ichthys LNG
Saipem has confirmed a contract award to conduct booster compression module FEED services for the Inpex-operated Ichthys LNG development in Australia.