Fossil Energy
Polarcus in new XArray project in West Africa
Polarcus has secured an XArray 3D marine seismic acquisition project in West Africa. The project is planned to start in October 2020. The project is expected to have a duration of approximately two months. Polarcus XArray is an innovative acquisition configuration developed by Polarcus to deliver su
No objection from FAR to Cairn’s Sangomar sale to Lukoil
FAR Limited has decided not to object Cairn Energy’s proposed sale of a working interest in the RSSD Contract Area, offshore Senegal, to Russia’s Lukoil.
McDermott lands FEED job for gas pipeline in Vietnam
McDermott has been awarded a contract by Delta Offshore Energy to provide front-end engineering design (FEED) services for a subsea gas pipeline in Vietnam.
Greenpeace strikes again in protest against Shell’s Brent decom plans
Greenpeace activists from Germany have launched a protest in the North Sea to call out Shell’s plans to abandon an estimated 11,000 tonnes of oil in the sea.
Norwegian oil output in July above NPD prediction
Norwegian oil production has risen above predictions made by the Norwegian Petroleum Directorate (NPD) after June’s numbers were below expectations.
Fugro to provide ROV services for Petrobras in Brazil
Fugro has, in partnership with Solstad and Oceanpact, been awarded three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in Brazil. All three contracts are for three-year firm periods with additional one-year options. Fugro will
Hurricane Laura biggest threat to U.S. oil since Katrina
The U.S. energy industry is preparing to be hit by Hurricane Laura which could cut crude production at a rate approaching the level of 2005’s Hurricane Katrina and stop oil refining at plants along the Texas-Louisiana coast.
KrisEnergy’s Apsara platform on its way to Gulf of Thailand
KrisEnergy’s minimum facilities wellhead platform for the Apsara oil development offshore Cambodia Block A has been completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation.
GC Rieber delivers Polar King to new owner
GC Rieber Shipping has delivered IMR vessel Polar King to the new owner. The company entered into the sale agreement for the vessel last week. GC Rieber did not reveal the name of the buyer. The Polar King is a multipurpose subsea vessel specially capable of execution operations under severe weather
NYSE to delist Valaris stock following Chapter 11 filing
Valaris has received a notice of immediate suspension of trading and delisting of common stock from the New York Stock Exchange (NYSE).
ACE Winches completes Karish work in Israel
ACE Winches, a Balmoral Group company, has completed a shore-pull project for a 2.7km 30” gas sales export pipeline for the Karish gas development field in the south-east Mediterranean Sea, offshore Israel. Working closely with client TechnipFMC, the project scope included the supply of the vessel a
Melbana sees increase in Beehive prospect reserves
Melbana Energy has reported a modest increase in the best estimate prospective resource of the Beehive Prospect, located in WA-488-P offshore Australia.
Lundin Energy picks new chief operating officer
Swedish oil company Lundin Energy has named a new chief operating officer (COO) of the company after the previous COO was promoted to the chief executive officer (CEO) role.
Shell closes farm-in deal for two UK licences with Egdon
Shell has completed a farm-in agreement with Egdon Resources in respect of two offshore licences, which contain the Resolution and Endeavour gas discoveries off the UK.