Fossil Energy

Keppel says FLNG conversion greener than building new unit
Singapore’s Keppel Offshore & Marine claims that converting an old carrier into a floating LNG producer saves about 33% of greenhouse gas emissions compared to building a new unit. The findings are part of a Keppel-commissioned study conducted by consultants Environmental Resources Management (ERM).

Turkey makes significant gas discovery in Black Sea
Turkey has found significant gas resources in the Black Sea, a discovery which could help the country cut its dependence on energy imports if the gas can be commercially extracted.

Resolve Marine disposes of jacket offshore India
US-based maritime salvage company Resolve Marine has been awarded a contract for stabilization and disposal of an oil platform jacket off the west coast of India.

Bosch Rexroth and Barge Master reveal new autonomous landing system
Bosch Rexroth and Barge Master have introduced a new autonomous landing system for motion compensated gangways. The system is said to automatically attach the landing to the required site without the need for manual input through a combination of radar technology, cameras and sensors. Once connected

Two workers airlifted from Statfjord B following switchboard room incident
Two workers were evacuated on Tuesday from Equinor’s Statfjord B platform offshore Norway after being exposed to smoke following a short circuit in a switchboard room.

GC Rieber enters Polar King sale agreement
GC Rieber Shipping has entered into an agreement to sell the construction support vessel (CSV) Polar King. The Polar King is a multipurpose subsea vessel specially capable of execution operations under severe weather conditions with high manoeuvrability and station keeping capabilities. The vessel p

SEA-KIT’s USV completes demo survey operations
SEA-KIT’s 12-metre Uncrewed Surface Vessel (USV), for which the company recently received an order from Fugro, has completed a 22-day demonstration project, carrying out remote surveys on Europe’s continental margin in the Atlantic. “The project’s overall aim was to demonstrate the capabilities of c

Norway: Tax relief to increase investments in oil and gas
A survey made by the Norwegian statistics bureau SSB revealed that oil and gas investment in Norway will rise more this year and decline less in 2021 than predicted a few months ago.

Santos swings to loss on impairments
Australian independent energy firm Santos reported a net loss in the first half as it booked a $526 million hit in asset impairments due to revised oil price outlook. The LNG producer recorded a net loss of $289 million as compared to a profit of $388 million on previously announced charges mainly r

Maersk Drilling picks up another extension from Aker BP
Danish offshore drilling company Maersk Drilling has won another one-well contract from Aker BP for the Maersk Integrator low-emission rig.

Benthic to provide Mero field geotechnical site investigation
Benthic, a global geosciences company and part of Acteon, has signed a contract with Petrobras to provide geotechnical site investigation services at the Mero field offshore Brazil. The work includes in-situ testing, sampling and seismic cone testing at 26 locations in water depths to 2200 meters. T

Santos to launch Dorado FEED program in second half of 2020
Australia’s Santos expects to begin the front-end engineering design (FEED) program for the Dorado oil and gas project offshore Australia in the second half of 2020.

Valaris declares Chapter 11 bankruptcy
Valaris, offshore drilling contractor with the world’s largest fleet, has filed for bankruptcy protection in an attempt to restructure its debt.

Shearwater in 3D shoot for SK Innovation off Vietnam
Shearwater GeoServices has received an award for a towed streamer 3D acquisition by SK Innovation, the operator of Vietnam Block 16-2. “This will be Shearwater’s first seismic survey in Vietnam and our first project for our new client SK Innovation”, said Irene Waage Basili, the CEO of Shearwater Ge