Fossil Energy
Trident Energy wraps up buy of ten offshore fields from Petrobras
Trident Energy has completed the acquisition of the Pampo and Enchova clusters offshore Brazil from the state-owned oil company Petrobras.
Deltic Energy rejects takeover offer from compatriot oil & gas investment firm
UK-based Deltic Energy, previously known as Cluff Natural Resources, has received and unequivocally rejected a takeover offer from the compatriot oil & gas investment firm Reabold Resources.
FAR claims “good interest” for Sangomar stake sale
Australian oil and gas company FAR Limited said on Thursday it has received a “good level of interest” in the sale of its 15 per cent stake in the Sangomar oil and gas development offshore Senegal.
Ocean Infinity delivers Guyana project for ExxonMobil
Ocean Infinity has completed its recent project for ExxonMobil, within the Stabroek block offshore Guyana. Ocean Infinity previously announced this contract award in March this year. Also, in January this year, the oil major made its 16th discovery on the Stabroek Block offshore Guyana. The project
Transocean gets contract termination in UK, expects delays in drillship delivery
Transocean has received a contract termination for its semi-submersible Paul B. Loyd Jr. in the UK. Furthermore, Transocean said that the delivery of the Deepwater Atlas drillship from a Sembcorp Marine yard could be delayed.
Odfjell takes over drilling and maintenance ops at ConocoPhillips’ Ekofisk
Offshore driller Odfjell Drilling has taken over platform drilling and maintenance operations at ConocoPhillips’ Ekofisk Area in the North Sea, offshore Norway.
Delfin LNG secures one-year extension from FERC
Delfin LNG, the company behind the floating export development in the Gulf of Mexico, has won a one-year extension from the US FERC. FERC staff approved Delfin LNG’s request for extension to September 28, 2021, to complete construction of the project’s onshore facilities and put them in service. The
Number of oil and gas wells set to hit 20-year low, Rystad says
The COVID-19 pandemic has stymied oil and gas activity, a phenomenon which has now affected the drilling market both in terms of wells drilled and in terms of related demand for drilling equipment.
Woodside’s revenues sink despite record output
Australian energy giant Woodside saw its quarterly revenues drop despite record-high output in the second quarter of 2020 affected by low oil price environment.
All eyes on OPEC meeting with production cuts on the agenda
OPEC, Russia, and other oil producers are set to meet on Wednesday to decide on the oil output policy from August onward.
AREG and OGUK support industry efforts to achieve net zero emissions
Aberdeen Renewable Energy Group (AREG) and OGUK have signed a reciprocal membership agreement to reflect the aligned goals of supporting the energy industry to achieve net zero emissions. AREG, the membership body for renewable energy in the north east of Scotland, and OGUK, the leading trade body f
Kazakhstan player gets approval to take over Caspian Explorer drilling vessel
Caspian Sunrise has received regulatory and shareholder approvals for the acquisition of the Caspian Explorer drilling vessel.
G20 governments firmly behind fossil fuels with $151 billion in COVID-19 recovery policies
A total commitment of at least $151 billion from G20 governments in support of fossil fuels has been made available in their energy recovery policies, data from the Energy Policy Tracker shows.
OKEA takes interest in Equinor’s Aurora discovery
OKEA has signed a sales and purchase agreement with Equinor for the acquisition of Equinor’s 40 per cent operated working interest in two licences offshore Norway, which include the Aurora discovery.