Fossil Energy

Aker Solutions to deliver subsea production system for Equinor’s Askeladd
Aker Solutions has received a letter of intent from Equinor to deliver the subsea production system for the next phase of the Askeladd natural gas development in the Barents Sea in northern Norway.

TGS and PGS unveil final Torngat 3D seismic data
TGS, in partnership with PGS, has released the final Torngat 3D seismic data results, offshore Labrador. The Torngat survey, which covers approximately 3,300 square kilometres and encompasses sections of the open acreage included in the Labrador South November 2021 bid round, was acquired in 2019 ov

Subsea 7 scoops up Aker BP Hod contract
Subsea 7 has won a contract from Aker BP for the Hod field development project, in the North Sea. The Hod development locates 12 kilometres from the Valhall area. The re-development includes a new wellhead platform (Hod B) linked to Valhall field centre with rigid pipelines and an umbilical. The con

Mermaid targets Thai decommissioning market with new business unit
Mermaid Maritime has established an Offshore Transportation, Installation, and Decommissioning services business unit, targeting work opportunities in the Gulf of Thailand.

Kvaerner hired to recycle three Aker BP’s platforms
Kvaerner has been awarded by Allseas a contract to dismantle and recycle three large topsides, three jackets, and four bridges from Aker BP’s Valhall and Hod fields located offshore Norway.

Petrobras hits production record in Búzios field
Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.

LLOG sanctions Taggart discovery in Gulf of Mexico
LLOG has sanctioned its Taggart discovery and signed a production handling agreement for development via tieback to the Williams-owned Devils Tower Spar in the Gulf of Mexico.

Equinor prepares for test well on North Sea discovery
Norwegian oil and gas giant Equinor has received consent from the country’s offshore safety regulator to use the Deepsea Atlantic rig on the Peon discovery located offshore Norway. The Petroleum Safety Authority (PSA) said on Monday that Equinor would use the Deepsea Atlantic to drill a test well on

Shell flags $15-$22 billion Q2 impairments
The Hague-based LNG giant Shell issued an update on its second-quarter outlook, initially issued in the company’s first-quarter results.

Seadrill gets suspension for jack-up contract in Middle East
Seadrill has received a contract suspension for the jack-up drilling rig AOD II operating in the Middle East due to changes in the drilling program.

Subsea 7 picks Trendsetter connectors for King’s Quay
Trendsetter Engineering has secured a contract from Subsea 7 for Murphy’s King’s Quay Development. The Houston-based subsea specialist said it landed the contract in the second quarter of 2020. The scope of supply comprises more than 40 connectors spanning Trendsetter’s TC2, TC7, and TC16 products.

Equinor to extend producing life of floater in Norwegian Sea
Equinor has received consent from the Norwegian offshore safety regulator to extend the producing life of Åsgard C FSO located offshore Norway.

Maersk to reactivate semi-sub rig for Petronas well
Maersk Drilling has secured a contract for the semi-submersible rig Mærsk Developer, which will be employed by Petronas for a one-well exploration campaign in Block 52 offshore Suriname.

Energean excludes Norwegian but keeps UK assets within Edison E&P deal
Energean and Edison have further changed their deal for Energean’s acquisition of Edison E&P’s assets to also exclude the Norwegian subsidiary.