Fossil Energy
ConocoPhillips CFO to retire after 39-year career
ConocoPhillips has said that Don E. Wallette, Jr. will be retiring as executive vice president and a chief financial officer after a 39-year career with the company.
Wintershall Dea books quarterly loss, cuts capex
Wintershall Dea has decided to reduce its capital expenditures for 2020 by 30 per cent after booking a loss in the first quarter of the year amid low oil price environment.
Total renegotiates terms of non-core North Sea assets sale with NEO Energy
HitecVision and NEO Energy have renegotiated terms for the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from French oil major Total.
Worley bags two frameworks with BP
BP and Worley have entered into two global framework agreements, one for conceptual engineering and the other for early engineering and front‐end engineering design services.
Jersey now majority owner and operator of Verbier discovery
Jersey Oil & Gas (JOG) has completed the acquisition of an additional 70 per cent working interest in Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.
Maersk Supply Service gets subsea removal task for Dunlin Alpha platform
Maersk Supply Service has secured a contract by Fairfield Betula Limited for the removal of the Dunlin Alpha platform’s subsea conductors and guide frames.
Using oil and gas know-how to develop CO2 capture and storage project amid push for lower emissions
Using their decades of experience in the oil and gas sector, three majors are moving forward with a project which will enable the transport of carbon dioxide captured from industrial sites in Norway and its storage in a reservoir below the seabed in the North Sea off Norway.
GALLERY: Giant Sleipnir vessel wraps up decommissioning campaign for ConocoPhillips
Earlier this month, Heerema Marine Contractors’ giant semi-submersible crane vessel Sleipnir completed its first decommissioning campaign of the season.
Floatel accounts blocked. Debt payment put off until mid-June
Floatel International, a provider of offshore accommodation rigs, has entered into an agreement with bondholders for an extension of a forbearance agreement until 15 June 2020.
Interim chief financial officer of KrisEnergy takes on permanent role
Oil and gas company KrisEnergy has decided to promote its interim chief financial officer (CFO) to a permanent role.
Damen to deliver components package for oil recovery vessel
Dutch shipbuilder Damen Shipyards Group has signed an agreement with Korean-based Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components package for a multi-purpose vessel.
PD&MS wins modifications job on Spirit Energy’s facilities
UK engineering company PD&MS Group has been awarded a new three-year contract with options for a further three-year extension with Spirit Energy.
Odfjell Drilling to idle rig prior to Total gig in South Africa
Odfjell Drilling and Total have agreed to keep Odfjell’s semi-sub rig Deepsea Stavanger idle in Norway prior to mobilising it to South Africa for Total’s drilling operations.
Emperor teams with APA on Judith offshore gas project
Emperor Energy and Australia’s largest gas infrastructure company APA Group have entered into a binding agreement to progress with the pre-front end engineering design (pre-FEED) for the provision of midstream infrastructure and services related to potentially produced gas from the Judith offshore g