Fossil Energy
ExxonMobil farms into Petronas’ block offshore Suriname
Malaysian energy giant Petronas has completed the farm-down of 50 per cent of its participating interest in its fully-owned Block 52 offshore Suriname to ExxonMobil.
Neptune abandons plan to buy Edison’s UK and Norway assets from Energean
Energean has agreed with Neptune Energy to terminate the agreement for Neptune Energy to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean.
McDermott hired to design offshore riser platform topsides
U.S. engineering and construction services company McDermott International has been awarded a sizeable contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides.
Aquaterra to build Trinidad’s second conductor supported platform
Aquaterra Energy, an offshore engineering solutions provider, has been awarded a front end engineering and design (FEED) contract by DeNovo Energy for a second Sea Swift platform to be located in the Zandolie field off Trinidad and Tobago.
Repsol gets green light for use of Maersk Inspirer rig on Yme
Spanish oil company Repsol has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), to use the Maersk Inspirer jack-up rig on the Yme field offshore Norway.
PGS set for three new surveys off Canada
Marine geophysical firm PGS will carry out three new surveys for Eastern Canada in 2020. PGS’ new Blomidon, South Bank, and Torngat Extension GeoStreamer surveys are all supported by industry funding. Together they will cover approximately 10,000 square kilometres offshore Labrador and Newfoundland.
Total drops pursuit of Occidental’s Ghana assets
French oil major Total has discontinued the acquisition of Occidental Petroleum’s assets in Ghana and, in doing so, preserved the company’s financial flexibility.
Qatar Petroleum enters two Total blocks off Ivory Coast
State-owned Qatar Petroleum (QP) has entered into an agreement to acquire stakes in Total’s two exploration blocks offshore the Ivory Coast.
Canada: IAAC calls for comments on Gazoduq’s LNG pipeline project
The Impact Assessment Agency of Canada has issued a call for public comments on Gazoduq’s LNG feeder pipeline in Québec.
Finnish duo to study carbon-neutral biogas production
The Finnish technology group Wärtsilä and its compatriot Vantaa Energy have signed an agreement on a joint concept feasibility study for a power-to-gas facility.
Equinor bites dust in North Sea well
Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.
U.S. weekly offshore rig count tumbles third week in a row
The number of offshore rigs in the U.S. has dropped for the third week in a row and now stands at just 12 active units, according to a weekly rig count report by Baker Hughes.
Apache taps Shearwater for Forties field 4D survey
Shearwater GeoServices has secured a contract from Apache for a 4D seismic survey with 3D extension over the Forties field. The Apache-operated Forties oil field is located 110 miles north-east of Aberdeen in the UK sector of the Central North Sea. The project will start in Q2 2020 and should last f
Petrofac reveals fresh cost-cutting plans
In order to mitigate the effects of coronavirus crisis and low oil prices, oilfield services provider Petrofac is taking further action to reduce costs and preserve balance sheet.