Fossil Energy

Eni hits new gas discovery offshore Egypt
Eni has made a new gas discovery in the Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.

Hurricane Sally shuts in over a quarter of U.S. Gulf of Mexico production
Hurricane Sally has shut-in over a quarter of oil and gas production in the Gulf of Mexico, the Bureau of Safety and Environmental Enforcement (BSEE) said.

Neptune extends CHC gig in Dutch North Sea
Neptune Energy has extended its contract with CHC Helicopters, covering the Dutch sector of the North Sea, for further two years.

Energean inks two new gas sales agreements for Karish project
Energean has signed two new gas sales and purchase agreements (GSPAs) for the sale of gas from its Karish project located offshore Israel, which is expected to come online in the second half of 2021.

Trump offshore drilling ban a ‘Hail Mary’ to swing Florida votes in his favour
U.S. President Donald Trump’s recent oil ban on offshore drilling in Florida, Georgia, and South Carolina is a last-ditch effort to swing votes in his favour ahead of November elections and get some environmentalist voters to switch from his Democrat opponent Joe Biden.

GALLERY: Lukoil installs jackets for ice-resistant platform in Caspian Sea
Russia’s Lukoil has completed the installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea.

Petrobras in talks with SBM Offshore for largest oil production unit in Brazil
SBM Offshore and Petrobas are in talks for the charter of an FPSO vessel for operations on the Buzios field located in the Santos basin, offshore Brazil.

Fugro wins another ONGC survey gig off India
Fugro has secured a fourth consecutive contract from Oil and Natural Gas Corporation (ONGC) in India for integrated survey services. Work is now underway on the latest 3-year contract, covering infield developments on the east and west coasts of India. The survey services include pipeline route engi

Ocean Yield to book $130 million in impairments for two vessels
Ocean Yield expects to book impairments of $130 million in total for an FPSO and offshore construction and cable-lay vessel.

Equinor selects Aibel for Krafla engineering study
Aibel has been awarded a field engineering, concept optimisation and definition study for Equinor’s unmanned process platform at the Krafla field.

Subsea 7 taps JDR for Elgood umbilical
Subsea umbilical and cable supplier JDR has agreed a new contract with Subsea 7 to supply a 9.3-kilometre production and control umbilical, topside equipment and subsea terminations for the Elgood field in the UK Continental Shelf. The umbilical delivery will take place in Q2 2021 and will connect t

Petrofac nets new 5-year deal with Ithaca Energy
Oil and gas company Ithaca Energy has signed a five-year integrated services contract with oilfield services provider Petrofac.

Seadrill to take full control of Asia Offshore Drilling
Offshore drilling contractor Seadrill has bought from Mermaid Maritime the minority holding of the share capital of Asia Offshore Drilling (AOD).

New CEO joins Otto Energy
Australian oil and gas company Otto Energy has appointed Michael Utsler has been appointed as Chief Executive Officer (CEO) and Managing Director.