Fossil Energy

Pandemic causes steep rise in serious offshore incidents, safety body says
The Norwegian offshore safety body, the Petroleum Safety Authority (PSA) has warned that the coronavirus pandemic and maintenance delays might have led to a rise in the number of serious incidents.

Equinor teams up with Microsoft for tech support on carbon capture and storage project
Norwegian energy giant Equinor is teaming up with a tech giant Microsoft on Northern Lights carbon capture and storage (CCS) value chain in Norway.

ABS to offer remote surveys for “majority” of world’s offshore drilling rigs
Maritime and offshore classification company ABS has expanded remote survey technologies which can now provide surveys for the majority of the world’s offshore drilling units.

Saudi Aramco to secure environmental notations for its fleet
Saudi Arabian oil and gas giant Saudi Aramco is intending to secure ABS environmental protection notations for its entire fleet.

Tulip Oil halves gas production from North Sea field
Tulip Oil halved its gas production from the Q10-A field in the Dutch North Sea in the third quarter of the year when compared to the previous quarter.

DNV GL conducts remote crane inspections for Aker BP
Classification society DNV GL led a pilot project with Aker BP to remotely inspect three offshore cranes on the Norwegian Continental Shelf.

Equinor to use West Hercules rig for North Sea drilling
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for drilling in the North Sea using the West Hercules drilling rig.

Safety body starts investigation following Gjøa well incident
Norway’s offshore safety watchdog, the Petroleum Safety Authority Norway (PSA), has started an investigation of a well incident on the Gjøa field when the drill string became stuck fast and blocked the blowout preventer (BOP).

KNOT’s shuttle tankers to feature battery technology
Two new shuttle tankers being built for Knutsen NYK Offshore Tankers (KNOT) at South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering will be fitted with battery technology to gain fuel efficiency and cut emissions. Namely, DSME has inked a deal with ABB Marine & Ports to deliver the powe

Wood gets $75 million worth Mariner job from Equinor
Oilfield services provider Wood has secured a new contract with Equinor to support its operations at the Mariner field in the UK Continental Shelf.

Borr Drilling names new chief financial officer
Offshore drilling rig owner Borr Drilling has appointed a new chief financial officer (CFO) of the company.

New CEO takes the reins at Ulstein
Cathrine Kristiseter Marti has been appointed as the new CEO of Ulstein Group, replacing Gunvor Ulstein who has decided to step down from her operational role after 22 years. Cathrine Marti comes from the position as CFO, a role she has had for the past six years. Gunvor will remain Chair of the Boa

IEA: Pandemic to slow energy demand recovery. Upstream spending to pick up
A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the world’s energy demand to 2025, the International Energy Agency said on Tuesday.

ExxonMobil taps Kotug for towage services offshore Guyana
Dutch towage services provider Kotug has been awarded a long-term contract oil major ExxonMobil to provide offshore terminal towage support for operations in Guyana.