Fossil Energy
Corrected: Shell doesn’t expect Prelude FLNG restart before Q3
LNG giant Shell is not expecting to restart production at its Prelude FLNG facility offshore Western Australia before July. Shell hasn’t exported any cargoes from the FLNG for almost five months following an electrical trip on February 2. “Start-up timing will depend on Covid-19 constraints and comp
Neptune Energy to axe 400 jobs over Covid-19 and lower oil prices
Neptune Energy has decided to reshape the size of its global organisation due to the combined impact of the COVID-19 pandemic and the anticipation of lower commodity prices for a longer period of time.
Lukoil begins drilling several Caspian Sea prospects
Russian oil and gas company Lukoil has started drilling of an exploration well at the Shirotno-Rakushechnaya prospect, located to the north of the V.I. Grayfer field in the Caspian Sea.
Heerema’s Sleipnir vessel getting busy after landing new installation job
Heerema Marine Contractors has been awarded a contract by HSM Offshore for the transportation and installation of Dana Petroleum’s P11-Unity platform.
Talos Energy buys Gulf of Mexico assets from Castex
U.S.-based oil and gas company Talos Energy has executed a definitive agreement to acquire selected U.S. Gulf of Mexico assets from an affiliate of Castex Energy.
GALLERY: Giant Pioneering Spirit vessel removes another Brent platform for Shell
Allseas’ heavy lift vessel Pioneering Spirit has completed its first decommissioning job of this summer, the single-lift removal of Shell’s Brent Alpha platform from the North Sea.
Spirit Energy preparing for North Sea wildcat
The Norwegian Petroleum Directorate has granted Spirit Energy a drilling permit for a wildcat well in the North Sea offshore Norway.
Cyberhawk inks five-year software deal with Shell. Becomes oil major’s global drone operator
A remotely operated aerial vehicle (ROAV) inspection and survey company Cyberhawk has secured a five-year, multimillion-dollar software contract with oil major Shell.
Husky spills anti-microbial agent from SeaRose FPSO
Husky Energy has reported an unauthorized discharge from the SeaRose FPSO, located on the White Rose field off Canada, to the Canadian offshore regulator.
Polarcus restructures with 20% headcount reduction
Polarcus is taking further actions to streamline its business and adjust operational capacity to align with current market conditions. This follows on the $15 million cost reduction plan implemented due to the COVID-19 pandemic and oil price volatility. The company has additionally streamlined and r
Seadrill shares start trading on OTC Markets following NYSE delisting
Seadrill has transitioned to quotation on OTC Capital Markets following its delisting from the NYSE with Oslo Stock Exchange now being its primary listing.
Atteris gets Golden Beach subsea FEED deal from GB Energy
Atteris has secured GB Energy contract for subsea front-end engineering design for the Golden Beach gas field. The field is located within the Australia’s Gippsland Basin, approximately three kilometres offshore from the Ninety Mile Beach in Eastern Victoria. The engineering and design work includes
U.S. weekly offshore rig count down to 11 units
The number of offshore rigs in the U.S. dropped by two units over the last week, according to a weekly report published last Friday by Baker Hughes Company.
Norwegian oil output in May above expectations
Norwegian oil production has been above predictions made by the Norwegian Petroleum Directorate (NPD) for the second month in a row.