Fossil Energy

Neptune Energy increases stake in Dugong discovery
Oil and gas exploration firm Neptune Energy has signed an agreement with Concedo for the acquisition of a further five per cent interest in the Dugong license in the Norwegian sector of the North Sea.

ConocoPhillips picks up drilling permit for Norwegian Sea well
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a wildcat well in the Norwegian Sea.

Extinction Rebellion sets anti-oil banner on Scottish Parliament
Environmental activists from Extinction Rebellion organization have climbed the Scottish Parliament and dropped a banner reading ‘Choose Oil or Choose Life: Act Now’ over the entrance.

Strike could shut down production on Equinor’s Johan Sverdrup
Norwegian oil major Equinor has warned that the Johan Sverdrup field in the North Sea would have to close production until further notice if the ongoing strike on the Norwegian Continental Shelf continues until 14 October.

West Bollsta rig given compliance award
Following several audits, the Norwegian offshore safety watchdog has awarded an Acknowledgement of Compliance (AoC) for the West Bollsta drilling rig to offshore driller Seadrill.

McDermott ships first topside modules for MODEC FPSO
McDermott has made the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC.

Fraser Well Management takes over operation of suspended offshore well
Independent oil and gas development and production firm Bridge Petroleum has appointed well engineering and project management specialist Fraser Well Management (FWM) to operate the suspended appraisal well in the Galapagos field in the Northern North Sea.

Energean Power FPSO gets living quarters and pipe rack
Oil and gas company Energean has completed the lift of the living quarter module and pipe rack modules onto the Energean Power FPSO set for the Karish field off Israel.

ROVOP rolls out video link option for offshore inspection
UK-based ROVOP has delivered its first remote platform-based live video streaming option for offshore inspection and repair, reducing the number of people required on-board amidst Covid restrictions.

Equinor projects see delays, increased costs due to COVID, weak NOK
Norwegian energy major Equinor has seen its costs for projects under development rise due to the Covid-19 pandemic and weakened Norwegian krone, even postponing the start-up of some projects.

Total adds another floating wind project to its portfolio
Total has bought a 20 per cent stake in the EolMed floating wind pilot project in France, located in the Mediterranean Sea, off the coast of Gruissan and near Port-La-Nouvelle. The 30 MW EolMed will feature three MHI Vestas 10 MW turbines installed on Ideol’s Damping Pool floating foundation and is

InterMoor Australia scores contract hat-trick
InterMoor, an Acteon company, has secured work on three different mooring projects in the Australian region.

Lloyd’s Register Group sells its energy business
Lloyd’s Register Group (LR) has entered into a deal to sell its energy business unit to Inspirit Capital, a London-based investment firm. LR said the agreement follows a comprehensive review of LR’s business portfolio and strategic direction. As disclosed, the deal will create a new engineering and

Offshore workers scatter as Hurricane Delta approaches
Oil and gas companies with assets across the Gulf of Mexico have begun to evacuate workers from offshore platforms and rigs in preparation for the arrival of Hurricane Delta – the sixth hurricane this year to disrupt output in the Gulf.