Fossil Energy

Cluff Natural Resources changes name to reflect ‘new era’
Cluff Natural Resources has changed its name to reflect its transition in the company’s main investments into a more operational phase.

NPD presents new management team
The Norwegian Petroleum Directorate (NPD) has presented the six directors that will make up its senior management team.

Petrobras appoints new board member
Brazilian state-owned oil company Petrobras has named a new member of its board of directors.

FAR inks new operating agreements for Gambian blocks with Petronas
FAR has signed new joint operating agreements for the A2 and A5 Blocks in The Gambia, with Petronas while efforts to find an additional partner to drill an exploration well are ongoing.

Aker Solutions gets LoI for Breidablikk subsea system from Equinor
Aker Solutions has received a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. The potential contract value is approximately NOK 2 billion, excluding options. The scope of work covers a complete subsea production system, and associated e

Aker BP gets licence to drill Norwegian Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for two wells located in the Norwegian Sea.

Sovcomflot withdraws Vyacheslav Tikhonov redelivery with Polarcus
Russian company, Sovcomflot, has withdrawn redelivery notice for Vyacheslav Tikhonov seismic vessel with Polarcus. In December of last year the companies agreed to postpone the redelivery of the vessel until the completion of work which Sovcomflot secured in Asia. The redelivery was expected in Q2 2

Aker BP hands in Hod development plans
Norwegian oil and gas company Aker BP has submitted the plan for development and operation (PDO) for Hod to the country’s Ministry of Petroleum and Energy.

BHP picks three companies for Trion FSO engineering study
Australian firm BHP has selected three companies to deliver an early engineering study for floating storage and offloading (FSO) unit for the Trion field in the Mexican part of the Gulf of Mexico.

UK well specialist sets up Norwegian unit
Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has established a Norwegian subsidiary, Exceed Norge.

Norway to offer 136 new blocks in upcoming licensing round
The Norwegian Ministry of Petroleum and Energy has announced its plans to offer up to 136 new oil exploration blocks in Norway’s 25th licensing round.

Australia’s Woodside in management reshuffle
Australia’s largest LNG producer and energy giant Woodside unveiled this week a new management reshuffle. The company has promoted four executives in its team saying the move will “steer its future growth and its role in contributing to the achievement of global Paris agreement goals”. As part of th

Cortez Subsea scores with Repsol in Malaysia
Cortez Subsea has secured a five-year deal to provide a subsea inspection management system (SIMS) offshore Malaysia. Specifically, the contract is with Repsol Oil and Gas in Malaysia, and it is worth a six-figure sum. To this end, Cortez will utilise its base in Kuala Lumpur and team up with sister

Report: Woman files $100M sexual harassment lawsuit against Schlumberger
A woman who once worked for oilfield services giant Schlumberger has filed a $100 million lawsuit against the company for alleged sexual harassment, sex discrimination, and physical danger.