Fossil Energy
Baker Hughes lands first vessel-deployed subsea mechanical wellhead cut
Baker Hughes has launched its vessel-deployed subsea wellhead cutting system – the Terminator. Using a first-of-its-kind mechanical wellhead removal method, the system has already proven its capabilities on Wintershall DEA abandoned exploration well in Norway. Romain Chambault, Europe vice president
Husky completes commissioning at Chinese offshore project with first gas slated for November
Canadian energy player Husky Energy has completed the commissioning at the third field at the Liwan Gas Project located offshore China.
Shell plans to cut up to 9,000 jobs
Oil major Shell has confirmed plans to cut between 7,000 and 9,000 jobs in a push to save up to $2.5 billion by 2022.
Jadestone files environment plan for new offtake model at Stag field
Jadestone Energy has filed a revision of its environment plan for operations at the Stag field, located offshore Australia, to the Australian authorities.
Mammoet wraps up ‘the heaviest of its type’ load-out job for gas project in Vietnam
Dutch heavy lifting and transport provider Mammoet has performed a load-out operation for a gas project offshore Vietnam, stating it was the heaviest load-out operation of its type in the country.
Keppel to review offshore & marine business amid challenging environment
Singapore’s conglomerate Keppel Corporation has decided to review its offshore & marine business amid the sector’s challenging environment.
SeaBird eyes renewables; South America project canned
Seismic player SeaBird Exploration said that its source contract announced on 20 April 2020 has been terminated by the charterer. Namely, the Oslo-listed SeaBird secured a letter of award in April for a project in South America. The contract should have taken place in the third quarter of this year,
Rystad expects swift recovery in offshore oil and gas pipeline market led by Middle East
This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.
ADNOC L&S wins 25-year deal to service petroleum ports in Abu Dhabi
ADNOC Logistics and Services, the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company, has signed a 25-year deal to service all petroleum ports in Abu Dhabi on behalf of the Petroleum Ports Authority (PPA). The agreement includes the onshore Jebel Dhanna Ruwais Petroleum
JDR lands Azerbaijan deal
Subsea cabling specialist JDR has won a contract to supply a 5.5-kilometre 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical for a BP platform project offshore Azerbaijan. The cable will connect an existing platform to the new platform to provide power share as we
Sovcomflot hands back Polarcus seismic vessel
Marine seismic player Polarcus has taken delivery of geophysical exploration vessel Ivan Gubkin. Ivan Gubkin (previously Polarcus Amani) has been on charter to Russian shipping company Sovcomflot since 2017. In light of the extension to the Vyacheslav Tikhonov charter, the companies agreed that Sovc
Lundin: Edvard Grieg reserves increased by 50 million barrels of oil equivalent
Lundin Energy has said that the Edvard Grieg field reserves have been increased by 50 million barrels of oil equivalent and plateau production extended to late 2023.
Equinor makes oil and gas discovery in North Sea
Norwegian oil and gas giant Equinor has made an oil and gas discovery near the Fram field in the North Sea offshore Norway.
Equinor closes Hammerfest LNG after fire
Norwegian energy giant Equinor has shut down its Hammerfest LNG export plant following a fire in an oil-powered turbine at the facility. Equinor said the incident occurred on Monday at about 15:30h local time with no injuries reported. Images on local media showed smoke rising from the plant but Equ