Fossil Energy

Husky Energy to review West White Rose project off Canada
Canadian oil and gas company Husky Energy would be reviewing its West White Rose offshore oil project in Canada’s Atlantic region.

Tidewater adds new member to its board
U.S. offshore support vessel operator Tidewater has appointed Darron M. Anderson to its board of directors, effective immediately.

BP ventures into offshore wind with Equinor partnership
British multinational oil and gas company BP is moving into offshore wind for the first time with a new strategic partnership with Equinor. BP has entered into an agreement with Equinor to buy 50 per cent non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a tot

Rystad Energy: Giant Tuna-1 discovery could save Turkey $21 billion
If Turkey develops the giant Tuna-1 (Danube-1) gas discovery, it could potentially save the country up to $21 billion in import costs, Rystad Energy estimates.

New director for DOF Subsea
Oslo-listed engineering and marine services player DOF Subsea has elected Marianne Møgster as its new director. Marianne Møgster, born in 1974, currently serves as senior vice president of Finance in DOF Subsea AS. She has experience from several other positions in DOF, StatoilHydro and Norsk Hydro.

Noble Corp. secures more rig work but day rates suffer
Offshore drilling contractor Noble Corp. has won more work for some of its drilling rigs but has also seen its day rates slashed.

Tullow Oil picks ex-Anadarko man for director role
Oil and gas exploration company Tullow Oil has appointed a new independent non-executive director on the company’s board of directors.

Eni’s Woollybutt field ‘a threat to safety’ after piece of equipment emerges on sea surface
Australian offshore regulator NOPSEMA has started an investigation into an incident involving a piece of equipment on Eni’s Woollybutt offshore field, which emerged from the depths of 50 meters subsea to the ocean surface.

Lime Rock CEO takes ConocoPhillips board seat
U.S.-based energy corporation ConocoPhillips has named a new member of the company’s board of directors.

Trump bans oil drilling off Florida, Georgia, and South Carolina
U.S. President Donald Trump has signed an order to extend an offshore oil drilling ban in the eastern Gulf of Mexico off Florida until 2032 as he seeks to win support in the state ahead of the election.

Petrojarl Banff FPSO reaches UK port ahead of recycling
UK’s Kishorn Port has welcomed the Petrojarl Banff FPSO for temporary mooring while its owner is looking for a suitable location for recycling.

Kosmos Energy farms down asset portfolio to Shell for up to $200M
U.S.-based oil and gas company Kosmos Energy has entered into an agreement with a subsidiary of Royal Dutch Shell to farm down interests in a portfolio of frontier exploration assets for up to $200 million.

Equinor hires Noble rig for Valemon campaign
Noble Corporation has been awarded a contract by Equinor for drilling three wells at the Valemon field from the summer of 2021, using the Noble Lloyd Noble drilling rig.

Damen delivers fast crew supplier vessel to Rederij Groen
Dutch Damen Shipyards has delivered a fast crew supplier (FCS) vessel bound for work in the oil and gas industry to shipping and service company Rederij Groen.