Fossil Energy

TMC to deliver compressor systems to Yinson’s Anna Nery FPSO
Malaysian FPSO provider Yinson has contracted TMC Compressors to deliver a marine compressed air system to FPSO Anna Nery bound for the Marlim 2 oil field in the Campos Basin offshore Brazil.

Total relinquishes operatorship of five blocks off Brazil
French oil major Total has opted to resign from its role of operator for five exploration blocks, located in the Foz do Amazonas Basin offshore Brazil.

MMA Offshore scores AHT duo charter extension with Woodside
Australian offshore support vessel company MMA Offshore has secured vessel charter extensions with compatriot Woodside Energy.

Midgley resigns as Mermaid COO
Subsea and drilling services player Mermaid said that Mark Midgley has resigned from his position of chief operating officer. Midgley became COO of Mermaid in January 2018. In his most recent role, he was responsible for managing and overseeing the subsea services business of the company in South Ea

Avance Gas shuffles management
Norwegian shipping company Avance Gas has made a number of changes to its management.

Worldwide offshore rig count in August down 74 units year over year
The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes.

U.S. weekly offshore rig count up to 15
The number of offshore rigs in the U.S. climbed up by two units over the last week, according to a report by Baker Hughes Company.

Borr Drilling hit with fresh NYSE listing warning
Offshore drilling contractor Borr Drilling has received its second continued listing standard warning from the New York Stock Exchange (NYSE) in a span of three months.

Woodside buys Cairn’s Sangomar stake
Australian energy company Woodside has entered into a binding sale and purchase agreement to acquire Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.

AGS inks Utsira data licensing deal
Axxis Geo Solutions (AGS) has entered into a data licensing agreement with an undisclosed international oil company. The late sale is related to the company’s OBN seismic data library over Utsira in Norway. The Utsira OBN seismic data library is now in its final stage of data processing. Processing

Petronas drops to loss as LNG sales slip
Malaysian energy giant Petronas dropped to a loss in the first six months of the year.

Spirit Energy, Premier Oil pick up UK acreage in licensing round
Premier Oil and Spirit Energy have added a total of 14 new blocks to their UK North Sea portfolio in OGA’s 32nd Offshore Licensing Round.

Kato Energy submits proposal for Amulet offshore project
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has invited public comments for Kato Energy’s proposal for the development of the Amulet field – and possibly the Talisman field.

NBO umbilical for CNOOC’s Lufeng
Ningbo Orient Cable (NBO) said it has won another contract for high voltage umbilical project on China National Offshore Oil Corporation (CNOOC) Lufeng 22-1 oilfield redevelopment project. First discovered in 1983, Lufeng 22-1 lies some 250 kilometres south-east of Hong Kong in 330 metres of water.