Fossil Energy

TC Energy secures LNG Canada feeder pipeline funds
TC Energy Corporation sold 65 per cent equity interest in the Coastal GasLink Pipeline project.

Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says
With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.

ConocoPhillips gets safety nod to use Valaris rig for Ekofisk wells
ConocoPhillips has received consent from the Petroleum Safety Authority to use the Rowan Norway rig on the Ekofisk field offshore Norway.

OOS International’s newbuild SSCV awaits sea trials
OOS International has informed that its newbuild semi-submersible heavy lift crane accommodation vessel (SSCV) OOS Serooskerke has been completed and is awaiting sea trials.

U.S. weekly offshore rig count stuck at 12
The number of offshore rigs in the U.S. remained unchanged over the last week, according to the latest weekly rig count report by Baker Hughes.

Qatar may boost LNG production beyond 126 mtpa
Qatar’s plans to raise liquefied natural gas capacity to 126 million tonnes per year could even see an additional boost, according to Qatar Petroleum’s chief executive Saad al-Kaabi. State-owned QP is currently working on the first phase of the North Field expansion project to raise the country’s LN

Petronas books smaller profit after being hit by lower prices
Petronas saw its profit and revenues drop in the first quarter of 2020 after being hit by lower average realised prices for LNG, petroleum products, and crude oil & condensates.

Hurricane suspends output guidance after Lancaster well shut-in
Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System due to interference between two producing wells.

PGS releases Côte d’Ivoire GeoStreamer data
Marine geophysical firm PGS has released new multi-azimuth GeoStreamer 3D for Côte d’Ivoire. This 900-square-kilometre survey should provide increased resolution and sharper imaging of Upper Cretaceous plays in Côte d’Ivoire block CI-706. Recently completed final depth processing has improved illumi

Archer firms up North Sea job with TAQA
Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA.

Coro Energy gets approval for Indonesian block entry
Coro Energy has received all necessary regulatory approvals for the transfer of a 15 per cent interest in the Duyung PSC, located offshore Indonesia.

India’s ONGC signs renewable energy pact with NTPC
India’s Oil and Natural Gas Corporation Limited (ONGC) and NTPC Ltd. have signed a Memorandum of Understanding (MoU) to set up a joint venture company for the renewable energy business. As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other renewable energy projects in

Malaysian operator taps Tendeka to help boost output
Completions service company Tendeka will provide its inflow control technology to help increase production from Malaysian assets of an independent operator.

CNOOC brings online new project offshore China
CNOOC Limited has started production from the Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project located offshore China.