Fossil Energy
Polarcus gets seismic deal from Eni in Asia Pacific
Polarcus has entered into a contract with Eni for 3D seismic data acquisition services in Asia Pacific. The project will have an expected minimum duration of one month. The project is scheduled to start in Q1 2021, subject to relevant approvals. The company did not reveal the value of the contract n
TEN orders up to three shuttle tankers in South Korea
Greek shipping major TEN has entered into a contract for the construction of up to three Suezmax DP2 shuttle tankers on long-term employment with an unnamed European charterer. TEN said that vessels would be built at a yard in South Korea and that the time charter equivalent minimum revenues to be g
Halliburton, TechnipFMC team up on subsea wells watch
Halliburton and TechnipFMC have introduced Odassea, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge
Watch Odfjell Drilling rig mobilize to South Africa
The Odfjell Drilling-owned drilling rig Deepsea Stavanger has recently been mobilized from Norway to South Africa for a drilling gig with French Total.
Talos, Pemex given 120 days to unify Zama discovery
U.S. based exploration and production company Talos Energy and Mexican state-owned oil and gas company Pemex have been given 120 days to reach some kind of unification agreement regarding the massive Zama oil field.
Aker BP cleared to use Maersk rig for Hod pilot hole
Aker BP has received consent from the Petroleum Safety Authority to use the Maersk Invincible rig for operations on the Hod field offshore Norway.
Oceaneering connectors for offshore Western Australia project
Oceaneering has won a contract to provide a number of monobore diverless connectors for an offshore Western Australia project. Specifically, the company will supply 3-inch M5 connectors for monoethylene glycol (MEG) and chemical inhibitor (CI) service on the field subsea distribution system. The 3-i
Report: Petrobras to launch tender for Brazil’s largest-ever FPSO
Brazilian oil company Petrobras will be launching a tender for the construction of Brazil’s biggest floating production storage and offloading (FPSO) vessel.
Petrofac wins $135 million worth job in Kazakhstan
Petrofac has secured an engineering, procurement, construction, pre-commissioning, and commissioning contract in Kazakhstan worth approximately $135 million.
K Line takes stake in 2nd FPSO as it eyes business expansion with Yinson and Sumitomo
Japanese shipping company K Line has inked a deal with Malaysian energy major Yinson Holdings Berhad and Sumitomo Corporation to participate in the floating production, storage and offloading (FPSO) owning and chartering business for the Marlim II Project, offshore Rio de Janeiro, Brazil. Upon stabl
BP inks natural gas supply deal with ENN
Energy major BP has signed a natural gas supply agreement with ENN Group (ENN).
Vaalco Energy stock returns to compliance with NYSE standards
Houston-based oil and gas company Vaalco Energy has regained compliance with the NYSE continued listing standards following a listing warning from the end of April 2020.
New investors enter Acorn carbon capture and storage project
Pale Blue Dot, the lead developer of the Acorn Carbon Capture and Storage (CCS) project, has conducted a corporate restructuring following a strategic investment by multinational independent investment bank and financial services company Macquarie Group.
Equinor picks Aibel for work on Oseberg fields
Norwegian oil major Equinor has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026.