Fossil Energy

SapuraOMV preparing for Kanga survey offshore Australia
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has begun an assessment of the Kanga-1 geophysical and geotechnical site survey offshore Australia.

OPEC+ extends output cuts in push to tighten oil market
OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 million barrels per day by another month.

Equinor testing new LNG-powered shuttle tankers
Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it chartered for operations in the North Sea. The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit belongs to Altera. Eagle Blane recently conducte

Equinor hands in plans for partial electrification of Sleipner field
Equinor and its partners have made an investment decision to partly electrify the Sleipner field located offshore Norway.

Chrysaor picks APT for Lomond, Armada analyses
North Sea oil and gas operator Chrysaor has contracted Applied Petroleum Technology (APT) to deliver geochemical and petroleum systems analyses on the Armada hub facility and around the Greater Lomond area on the UKCS.

Aker BP orders Hod platform from Kvaerner
Norwegian oil and gas company Aker BP has awarded Kvaerner the contract for delivering the topside and steel substructure for the unmanned wellhead platform at the Hod field.

Bahamas Petroleum awarded block offshore Uruguay
London-listed oil company Bahamas Petroleum (BPC) has been awarded the AREA OFF-1 petroleum licence offshore Uruguay.

Shell returns platform supplier to Havila ahead of time
The UK entity of oil major Shell has returned a platform supply vessel to Norwegian shipping company Havila Shipping ahead of time.

Keppel rejects Awilco’s contract termination
Keppel has denied and rejected the termination of a rig construction contract by Awilco.

Byron Energy begins loadout of Gulf of Mexico platform
Oil and gas company Byron Energy has begun the loadout of the South Marsh Island 58 G platform which would be installed in the next four weeks.

TGS wraps up Santos Basin seismic survey in Brazil
TGS has completed an additional phase of the Santos Basin 3D multi-client seismic survey in Brazil. The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and 16. The acquisition of 17,500 square kilometres of the 23,00

Awilco Drilling cancels rig order with Keppel
Awilco Drilling has decided to cancel a semi-submersible rig order with rig builder Keppel due to breaches under the construction contract.

McDermott wraps up Shell job off Sarawak
U.S. engineering and construction services company McDermott International has completed the Pan-Malaysia transportation and installation projects offshore Sarawak for Shell and SapuraOMV.

BP to cut 10,000 jobs as Covid-19 spurs energy transition plans
BP will be reducing its global workforce by 10,000 this year as part of its plans to make the organization smaller and fit for the energy transition.