Fossil Energy
Aker Solutions to step up energy transition game after the merger
Aker Solutions and Kvaerner have completed a merger whereby Aker Solutions has absorbed all the assets, rights and obligations of Kvaerner and Kvaerner has been dissolved. The two entities have joined forces to create a new supplier of solutions to reduce climate gas emissions from oil and gas insta
ConocoPhillips makes gas discovery in Norwegian Sea
Oil major ConocoPhillips has made a gas discovery southwest of the Skarv field in the Norwegian Sea.
Seven Norwegian supply bases to provide services for Equinor
Norwegian oil major Equinor has awarded NorSea Group, Saga Fjordbase, and ASCO contracts for services at supply bases in Norway.
Shell takes warm-stacked Maersk drillship for Brunei well
Maersk Drilling has secured a contract from Brunei Shell Petroleum for the drillship Maersk Viking to drill one well offshore Brunei Darussalam.
Biden wins – U.S. green future imminent, oil demand likely to rise
After several days of counting and anticipation, the United States of America have a brand-new President-elect – the Democratic Party candidate Joe Biden. With the White House now waiting for him, it is important to look at what a Biden win could mean to the oil and gas industry and the U.S. energy
North Sea major files for CO2 storage licence as part of UK’s net-zero journey
North Sea operator Chrysaor has submitted a licence application for the purpose of storing CO2 in a depleted reservoir in the North Sea off the UK.
Karoon renews contract for Brazilian FPSO
A joint venture between Ocyan and Altera has been awarded a contract by Karoon for the FPSO Cidade de Itajaí operating on the Baúna field off Brazil.
McDermott bags Ichthys LNG FEED award
McDermott has been awarded a contract to provide FEED services for the Inpex-operated Ichthys liquified natural gas field development in Australia.
Heerema wraps up installation project offshore Qatar
Heerema Marine Contractors’ heavy lift vessel Aegir has completed the installation of North Oil Company’s Al-Shaheen Gallaf 1 Project offshore Qatar.
Louisiana takes first Gulf of Mexico offshore wind steps
Louisiana Governor John Bel Edwards has announced a renewable energy initiative for the Gulf of Mexico, which revolves around offshore wind. On 9 November, Edwards presented his vision at an inaugural meeting of the Climate Initiatives Task Force established earlier this year, for which offshore win
Magseis Fairfield back in black
Seabed seismic player Magseis Fairfield has returned to profit in Q3 2020 despite major revenue drop against the prior-year quarter. The Oslo-listed company generated Q3 2020 revenue of $47 million, down from $134 million same time last year. Revenue was up from Q2 2020 revenue of $45 million. The y
Dyna-Mac lands FPSO work but loses offshore vessel deal
Dyna-Mac has won new contract awards related to fabrication of FPSO parts but it has also lost an offshore vessel contract.
Beach hits gas in first Victorian Otway campaign well
Beach Energy has made a gas discovery at Enterprise 1 in licence VIC/P42(V) in the nearshore Victorian Otway Basin, Australia.
Shell in early termination of jack-up rig contract in Brunei
Oil major Shell has terminated early its contract for the Aban Offshore-owned jack-up drilling rig operating for Shell in Brunei.