Fossil Energy
Total selects two Maersk Drilling rigs for Suriname campaign
Maersk Drilling has received a Conditional Letter of Award from Total for the supply of two deepwater rigs for operations offshore Suriname.
Rystad: E&P investments to reach $380B in 2021 but 20 pct at risk of deferral
Investments from global E&P in 2021 are projected to reach around $380 billion, almost flat year-on-year, a Rystad Energy report shows.
Bankruptcy court approves Noble’s reorganization plan
Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan.
Creditors allow Seadrill suspension of pay under leases for three rigs
Seadrill has agreed on the suspension of payments with creditors related to leasing arrangements for three drilling rigs while trying to restructure debt.
Turkey takes more time for seismic ops in disputed Mediterranean area
Turkey is extending its seismic survey operations in the disputed area of the eastern Mediterranean by nearly a week, which could spark further tension.
Norway: October oil output hit by strike action
Norwegian oil production in October 2020 was below forecast by the NPD due to effects of strike action as well as maintenance operations on some fields.
BP sells London HQ for nearly $332 million
Following reports that BP is preparing to sell its London HQ, the oil major has now entered into an agreement for the sale of the HQ for £250.1 million.
TAQA gains approval for decommissioning plans for North Sea topsides
TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.
Equinor secures life extension for North Sea gas project
Equinor has received consent from Norway’s offshore safety agency for the life extension of the Tune and Tune Sør developments located in the North Sea.
AqualisBraemar to buy LOC in support of energy transition efforts
AqualisBraemar has entered into an agreement to acquire LOC Group, creating an even more complete service provider to the upstream oil and gas industry.
Odfjell Drilling firms up two contract awards with Equinor
Offshore drilling contractor Odfjell Drilling has firmed up contract awards with Equinor for drilling operations on two projects in Norway.
Aker Solutions gets maintenance and modifications job from Equinor in Brazil
Aker Solutions has won a framework agreement with Equinor to provide maintenance and modifications services at the Peregrino field, offshore Brazil.
U.S. offshore rig count down by one unit
The number of offshore rigs in the U.S. dropped by one unit over the last week, according to the latest rig count report by Baker Hughes.
Repsol Sinopec preparing for decommissioning of UK North Sea field
Repsol Sinopec has received approval from the UK authorities for preparation work scopes relating to the decommissioning of the Fulmar and Auk North installations.