Fossil Energy
Equinor hits minor oil discovery near Vigdis field
Equinor has made a minor oil discovery near the Vigdis field in the North Sea offshore Norway.
Oil Search flags $400 million impairments
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search flagged a $360-$400 million impairment in its interim results.
Dutch operator curbs gas production from North Sea field over low prices
Dutch operator Tulip Oil has reduced its gas production from the Q10-A gas field located in the Dutch sector of the North Sea due to low gas prices.
Rever Offshore delivers Serica campaign
Subsea services player Rever Offshore has recently completed a contract awarded by Serica Energy. This is the second campaign Rever has undertaken for the North Sea operator within a framework agreement from November 2018. The workscope, which took place in the North Sea’s Rhum field, was completed
Beach and Bridgeport get new gas exploration permits off Australia
Australian oil and gas companies Beach Energy and Bridgeport Energy have been awarded two new gas exploration permits offshore Australia.
Otakikpo partners ink service agreements with Schlumberger for next phase of drilling
Partners in the Otakikpo marginal field, located offshore Nigeria, have executed service agreements for the next phase of the drilling program.
ExxonMobil preparing for P&A campaign off Australia
ExxonMobil’s environment plan for the plug and abandonment of Seahorse/Tarwhine wells offshore Australia is now under assessment by the Australian regulator.
U.S. offshore rig count steady at 12 units
The U.S. weekly offshore rig count remained unchanged at 12 units, according to a Friday report by Baker Hughes.
World’s first converted FLNG in milestone loading
Golar’s Hilli Episeyo, world’s first converted FLNG vessel, has recently loaded its 40th cargo since the start of operations more than two years ago offshore Kribi, Cameroon. Bermuda-based shipowner Golar said the FLNG completed the milestone operation on June 18. Through these offtakes, the floatin
Eni hands in decommissioning plan for six North Sea platforms
Italian oil and gas company Eni has submitted its plans for decommissioning of six platforms on the Hewett field to the UK authorities.
PGS concludes Viking Graben extension project
PGS has completed the second GeoStreamer X seismic survey in the Viking Graben. The GeoStreamer X Viking Graben 2020 extension project once again applied PGS’s latest technology innovations for advanced offset-and azimuth-rich data. The project builds on the 2019 GeoStreamer X pilot project in the s
Contract cancellation, extensions, and warm-stack mode for Noble rigs
Noble Corporation has received several new contract extensions for its drilling rigs and cancellation of a drilling contract in Vietnam.
UK oil industry welcomes gov’t measures to save jobs
The UK’s offshore oil and gas industry’s representative body Oil and Gas UK has welcomed the introduction of the Job Retention Bonus and other moves by the country’s Chancellor of the Exchequer Rishi Sunak to support trainees and jobs for young people.
Neptune Energy gears up for Dugong sidetrack
Neptune Energy has decided to drill a sidetrack well to further evaluate the size of its Dugong discovery located in the Norwegian sector of the North Sea.