Fossil Energy
Icon Offshore in talks with Perisai to buy jack-up rig
Malaysian offshore support vessel provider Icon Offshore has confirmed it is in the process of negotiating the acquisition of Perisai Petroleum Teknologi’s jack-up drilling rig.
KNOT secures long-term charter for shuttle tanker with PetroChina
Knutsen NYK Offshore Tankers AS (KNOT), a joint venture between Japanese shipping major NYK and Norway’s TS Shipping Invest (TSSI), has concluded a first long-term time charter contract for a shuttle tanker with Petro China International (America).
TSG Marine to bring COVID-19 fast screening, sanitation system offshore
Marine engineering specialists TSG Marine is working on a molecular technology to support the offshore energy sector on its exit out of the COVID-19 crisis.
HydraWell and Exedra in well abandonment alliance
Norway-based well integrity specialist HydraWell has teamed up with fellow compatriot Exedra. The two companies will join forces with aim to bring new solution for the well abandonment and side-tracking markets. Initial focus will lie on the Norwegian market. The emphasis will be on novel methods of
Eni to take up $4 billion impairment hit due to lower oil price outlook
Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (around $3.96 billion) as a result of a lower outlook for energy prices.
Equinor picks Odfjell rig for another phase of Sverdrup drilling
Equinor has signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development in Norway, following its work on phase 1.
Yinson reveals settlement amount for cancelled $1B FPSO deal
Malaysian FPSO provider Yinson has revealed the amount of the settlement with PetroVietnam regarding the 2019 termination of a $1 billion FPSO charter contract.
Woodside getting ready for exploration well offshore Australia
Woodside is preparing to drill an exploration well offshore Australia and its environment plan for the Gemtree-A well is now under assessment with the Australian regulator.
Denmark OKs ships with anchors to lay Nord Stream 2
The Danish Energy Agency has approved the use of pipelaying vessels with anchors for the construction of the Nord Stream 2 pipelines. On 5 June 2020, Nord Stream 2 AG submitted a request to use pipelayers with anchors for the construction. Previously, the agency approved only the DP pipelaying vesse
Byron Energy installs Gulf of Mexico platform
Oil and gas company Byron Energy has completed the installation of the SM58 G platform in the Gulf of Mexico.
Hurricane Energy chief operations officer passes away
Chief operations officer (COO) and executive director of London-listed oil explorer Hurricane Energy has passed away.
Saipem bags $325 million through new pre-salt job with Petrobras
Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.
Viaro to acquire RockRose Energy for $308 million
Independent energy company Viaro Energy has made an offer for the acquisition of the entire share capital of UK-based oil and gas company RockRose Energy.
Equinor awards Statfjord engineering and installation job to Apply
Equinor has awarded Apply a framework agreement for engineering and installation services on the Statfjord field located in the North Sea.