Fossil Energy
Norway’s tax relief to boost rig demand but UK demand to take the biggest hit, Rystad says
Norway’s recent tax relief package for the oil and gas industry is expected to cut breakeven prices by 40 per cent, thereby boosting the country’s rig demand while the UK’s plunges.
Power from shore for nearly half of Norwegian oil and gas production
Almost half of the Norwegian petroleum production will soon be run on power from shore as the companies are considering multiple electrification projects that could reduce emissions considerably.
TechnipFMC delivers Peregrino II installation campaign
TechnipFMC vessel Skandi Niterói recently wrapped up the installation campaign of Peregrino Phase II for Equinor in Brazil. It is part of the company’s engineering, procurement, construction and installation (EPCI) contract secured in September 2017. The offshore campaign was carried out efficiently
Repsol gets consent to extend North Sea field life
Repsol has been granted consent by the Norwegian offshore safety authority for the life extension of the Rev field, which is located offshore Norway.
Gazprom starts building ice-resistant platform for extreme conditions of Arctic field
Gazprom has started construction of an ice-resistant platform for its field located in extreme ice and climate conditions of the Arctic shelf.
Danos to provide workforce for Shell’s Gulf of Mexico ops
Oil and gas services company Danos has won a contract from Dutch-Anglo oil major Shell for the provision of a production workforce across Shell’s assets in the Gulf of Mexico.
Dolphin Drilling eyes three-well campaign in Norway
Dolphin Drilling has secured a letter of intent with a Norwegian operator for a three-well P&A operation on the Norwegian Continental Shelf.
MDL backs Ocean Installer on Balder decom job
MDL has completed a double decommissioning scope providing support to Ocean Installer on the Balder X field. MDL SURF equipment, project engineering team as well as offshore personnel facilitated the recovery of risers and umbilicals on the Balder FPSO, as part of the redevelopment programme on the
Report: ONGC suspends work on two rigs after 54 positive COVID-19 cases and one fatality
India’s state-owned Oil and Natural Gas Corporation’s (ONGC) has temporarily suspended operations at two drilling rigs in the Arabian Sea after 54 positive tests for COVID-19 and one death.
Petrobras kicks off production from Atapu field off Brazil
Petrobras has started the production of oil and natural gas from the shared deposit of Atapu located near the Búzios field offshore Brazil.
Pipelaying work complete on Energean’s Karish field
Oilfield services provider TechnipFMC has completed pipe laying works and subsea systems installation on Energean’s Karish located offshore Israel.
Petrobras gives Sete Brasil more time to fulfill settlement terms
Brazilian oil major Petrobras has prolonged the deadline for certain conditions of an agreement and settlement with Sete Brasil related to a charter of four and termination of contracts for 24 drilling rigs.
Lukoil vice-chairman promoted to chairman role
Russian oil and gas company Lukoil has elected a new chairman of the company’s board of directors following the death of its long-time chairman.
GALLERY: Shell’s Brent platform reaches UK port ahead of final dismantling
Following its recent removal from the UK North Sea, Shell’s oil and gas platform Brent Alpha has arrived at a decommissioning yard in the UK.