Fossil Energy

Mermaid and ARV forge subsea alliance in Thailand
AI and Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production, and Mermaid Subsea Services (Thailand) have formed a joint venture called ZeaQuest to develop subsea AI and robotic technologies. The aim is to provide underwater IRM services to oil & gas and renewable energy sectors in

Fire breaks out on rig standby vessel off Canada
Equinor reported that a fire had occurred on the fast rescue craft onboard the Siem Diamond vessel, which was on standby at the time to the Transocean Barents rig off Canada.

Wellesley bites the dust in Norwegian well
Oil and gas company Wellesley Petroleum has drilled a dry well north of the Gjøa field offshore Norway.

UK needs to electrify oil & gas platforms to reach net-zero goal, Rystad says
The British government has set a goal to reach net-zero emissions by 2050 and electrification of oil and gas platforms on the UK continental shelf (UKCS) should play an important role in efforts to achieve this target.

Equinor picks up drilling permit for North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Equinor for a wildcat well located in the North Sea offshore Norway.

Vroon to recycle platform supplier trio
Dutch provider of offshore support vessels Vroon Offshore Services (VOS) has decided to dispose of three platform-supply vessels (PSV), with the aim of “right-sizing” its PSV fleet.

Hurricane Sally: More production shut-in as workers start returning offshore
Although personnel is returning to offshore platforms, almost a third of oil and gas production in the Gulf of Mexico is still shut-in due to Hurricane Sally.

DOF Subsea scores Angola FSV gig
DOF Subsea has secured an integrated field support vessel (FSV) contract with an undisclosed international oil company in Angola. The project will utilise Skandi Seven for a minimum of 303 firm vessel days plus 365 days of options. The contract also includes the potential supply of additional vessel

Bristow elects new CFO to mitigate effects of downturn
Bristow Group has appointed Jennifer Whalen as Senior Vice President, Chief Financial Officer (CFO) of the company effective on Wednesday.

Proserv launches two new facilities
Proserv Controls has formally unveiled two new facilities in Mussafah, Abu Dhabi and Cumbernauld, near Glasgow, Scotland. Despite the on-going global challenge of the Covid-19 pandemic, the Aberdeen based firm has proactively pursued the establishment of the new sites in recent months as it continue

Sapura Energy nets over $203 million in new contracts
Oil and gas services provider Sapura Energy has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.

Seadrill agrees debt payment suspension with creditors
Seadrill has entered into an agreement with some of its lenders for the suspension of debt payments while the company is working on restructuring its debt.

Equinor cleared to use Askeladd Phase 1 facilities
Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has given Equinor consent to use Askeladd Phase 1 facilities on the Snøhvit field in the Barents Sea offshore Norway.

Siem Offshore scores extensions for AHTS trio in Australia
Norwegian offshore vessel provider Siem Offshore has been awarded contract extensions for three of its anchor handling tug and supply (AHTS) vessels in Australia.