Fossil Energy
KrisEnergy unit dodges winding-up petition after settlement with Rubicon
Singapore’s independent oil and gas company KrisEnergy and floater provider Rubicon Offshore have settled a contractual dispute that would save the Kris Energy’s Thai subsidiary from being wound up.
Apache employs Rem PSVs in North Sea
Rem Offshore has been awarded a contract and extension for its platform supply vessels from Apache in the UK North Sea.
Tullow plans to generate $7 billion cash flow over 10 years with focus on West African assets
Tullow Oil will focus on its West African producing portfolio as part of its new strategy to generate $7B of operating cash flow in the next 10 years.
North Sea reservoir confirmed suitable for CO2 storage
A North Sea reservoir has been confirmed suitable for CO2 storage, with Wintershall Dea, Ineos, and Maersk Drilling as members of the project.
Neptune Energy elects new MD for Egypt
Neptune Energy has appointed Mohamed Mounes Shahat to take on the role of Egypt Managing Director, based in Cairo, starting December 2020.
Biden’s energy transition might not run so smoothly after all
Following President Trump’s effective surrender of his three-week protest of the election results on Monday by submitting to the government’s official transition to the incoming Joe Biden administration, the time has come for the new administration to set new energy transition plans into motion – bu
Risk and barrier management issues found on Equinor FPSO
Norway’s offshore safety agency has found irregularities related to risk and barrier management on the Equinor’s Norne FPSO located in the Norwegian Sea.
Unplanned outage to push EnQuest output below guidance
EnQuest expects its production for the year to be below its guidance range due to an incident and a resulting unplanned outage in Malaysia.
Beach taps DOF Subsea for Otway work
ASX listed Beach Energy has awarded DOF Subsea Australia the Otway offshore gas project phase 4 contract. The contract consists of subsea installation works in a tie-back program. The award includes project management, engineering, fabrication, transportation and installation services. According to
W&T Offshore bags two shallow-water blocks in Gulf of Mexico round
U.S. oil and gas company W&T Offshore was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 256 held last week.
Deltic Energy seeking partners to mature North Sea prospects towards drilling
Deltic Energy has found three prospects within its Southern North Sea licence and is seeking partners to help in the maturation of opportunities.
U.S. gov’t launches funding opportunity to drive safety performance in offshore energy
The U.S. gov’t has launched a new collaboration for improved safety and environmental stewardship in offshore energy exploration and production operations.
Wintershall Dea sets net-zero goals for upstream ops
German oil and gas company Wintershall Dea has set a goal to achieve net-zero upstream activities by 2030 to tackle the world’s climate change challenge.
Archer nets five-year deal for services on Aker BP platforms
Archer has secured a five-year contract from Aker BP for the provision of platform drilling operations and maintenance services in the North Sea.