Fossil Energy

Flexlife wins riser monitoring deal in South America
Seanamic Group company Flexlife, has secured a contract from a ‘leading’ South American operator for the scanning of flexible risers. The contract, in partnership with Houston based ROV major Oceaneering, covers the scanning of all deepwater, uninsulated flexible pipelines. It is part of a larger in

Hornbeck Offshore emerges from bankruptcy
Hornbeck Offshore has emerged from bankruptcy under its joint prepackaged Chapter 11 plan of reorganization.

Sovcomflot keeping Vyacheslav Tikhonov with option to redeliver Ivan Grubkin
Seismic player Polarcus and Russian shipping company Sovcomflot have once again agreed new terms for the vessel Vyacheslav Tikhonov. Specifically, Sovcomflot has exercised options to extend the firm period of the charter for 3 years. The new charter begins immediately after the project the vessel is

Morrison sets up Byron’s pipelines in Gulf of Mexico
Louisiana-based contractor Morrison has installed oil and gas sales pipelines for Byron Energy’s South Marsh Island Blocks 58 & 59. The project marked more than 1676 kilometres of pipe laid by Morrison in the Gulf of Mexico. The most recent 18.5-kilometre pipeline installation campaign consisted of

Energean Power FPSO to set sail for Israel in summer of 2021
Floating production storage and offloading (FPSO) vessel being built for Energean’s Karish field offshore Israel will set sail from Singapore in the summer of 2021.

JDC lands new job for jack-up rig in Japan
Japan Drilling Co. (JDC) has been awarded a contract by Mitsui Oil for the provision of a jack-up rig for drilling operations in Japan.

Aker Solutions wins North Sea extension with ConocoPhillips
Aker Solutions has secured a three-year contract extension to an existing framework agreement with ConocoPhillips in the North Sea.

CNOOC brings online another project offshore China
CNOOC Limited has started production from the Nanbao 35-2 oilfield S1 area located offshore China.

PGS in Barents Sea wide-tow Penta Source project
Norwegian seismic player PGS said it has begun a new project in the Barents Sea that uses the most advanced configuration ever towed by a seismic streamer vessel. Last weekend, PGS seismic vessel Ramform Tethys reconfigured from a wide-tow triple source set-up to an even wider penta source solution

Offshore wind project costs decrease with bespoke vessels and lower oil & gas activity
The rising number of purpose-built offshore wind vessels has a direct impact on the costs of offshore wind projects, as the sector is getting more room to use its own fleet instead of deploying vessels from the oil & gas industry, which can be costly if high oil price is driving increased oil & gas

Equinor suffers further delays on Martin Linge project as Covid-19 disrupts topside work
Norwegian energy giant Equinor has experienced a further delay in the development of its operated Martin Linge offshore field.

Elliott attempting to prevent Chevron’s takeover of Noble Energy
Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon its plans to sell itself to oil major Chevron, believing that the deal undervalues the oil and gas producer.

MAN boost APLNG upstream assets
MAN Energy Solutions completed the installation and commissioning of the Talinga Orana gas gathering station (TOGGS).

Italian players team up to work on energy transition technologies
Saipem and Snam have signed a Memorandum of Understanding to work together on new energy transition technologies, green hydrogen development, and CO2 capture and reuse.