Fossil Energy
Spirit Energy bites dust near Ivar Aasen field
Oil and gas company Spirit Energy has hit a duster near the Ivar Aasen field in the central part of the North Sea.
Remazel Engineering pens Jotun FPSO upgrade deal
Italian engineering firm Remazel Engineering has won a deal from Bluewater for work on the Jotun FPSO upgrade project.
Fieldwood Energy files for Chapter 11
U.S.-based Fieldwood Energy has filed for Chapter 11 bankruptcy as part of its efforts to restructure the company.
Havila Shipping scores extensions for PSV duo with Total
The Danish entity of French oil major Total has extended the contracts for Havila Shipping’s two platform supply vessels (PSVs).
BP to cut fossil fuels output by 40 per cent by 2030
Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP revealed parts of its new strategy that would reshape the company from an international oil company to an integrated energy company.
Record losses result in BP’s first dividend cut since Deepwater Horizon
UK oil major BP has cut its dividend for the first time since the Deepwater Horizon disaster after record losses in the second quarter of 2020.
TGS returns to Argentina to wrap up Malvinas seismic survey
TGS will return to Argentina, where it operates as NOPEC Geophysical, to complete the previously announced Malvinas 3D multi-client survey. The survey covers an area of 17,800 square kilometre. Acquisition is set to resume in Q4 2020 on the highly- funded survey and will continue to grow the 3D libr
SRO Solutions replaces software systems on six Stena Drilling rigs
UK-based tech firm SRO Solutions has replaced asset management software systems on six Stena Drilling offshore rigs.
ST Engineering completes upgrades on Diamond Offshore’s drillship
ST Engineering Halter Marine and Offshore, a company of ST Engineering North America, has installed a 215 mt NOV passive heave compensator on Diamond Offshore’s Ocean BlackLion drillship.
Green energy transition: vital role of the oil & gas industry in achieving net-zero by 2050
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
Neptune dubs Dugong as largest oil discovery in Norway this year
Oil and gas exploration firm Neptune Energy has stated that it made the largest oil discovery in Norway so far this year with its Dugong well in the Norwegian sector of the North Sea.
OOS Tiradentes first accommodation vessel to resume work for Petrobras
Semi-submersible accommodation vessel OOS Tiradentes has become the first offshore rig to resume operations in Brazil following Petrobras’ shutdown of facilities due to the COVID-19 pandemic.
Staatsolie mulls entering Apache’s Suriname block
Block 58 offshore Suriname has again come under the spotlight since state-owned oil company Staatsolie is considering farming into the block where Apache last week hit its third discovery.
SEA-KIT bags two USV orders from Fugro
Dutch surveyor Fugro has ordered two 12-metre SEA-KIT X class uncrewed surface vessels (USVs). The two new USVs are the first of multiple builds for Fugro as part of the partnership. Essex-based SEA-KIT and Fugro first announced their partnership in March this year. The schedule also includes the de