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Shell farm-in moving forward after Egdon gains extension for UK licences

The UK’s Oil and Gas Authority (OGA) has granted extensions to Egdon Resources for P1929 and P2304 licences offshore the UK. Location of the licences; Source: Egdon Oil major Shell farmed into the two...

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European offshore wind CAPEX to top upstream oil & gas in 2022 – Rystad Energy

Capital expenditure (CAPEX) on offshore wind is expected to surpass upstream oil & gas spending in Europe in 2022, according to Rystad Energy. The oil market collapse caused by the Covid-19...

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Decommissioning plan for Shell’s Kingfisher field under assessment

UK authorities are assessing the plan for the decommissioning of Shell’s Kingfisher installations and fifteen associated infield pipelines off the UK. The Kingfisher field lies in Block 16/8 of the UK...

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BP to cut 10,000 jobs as Covid-19 spurs energy transition plans

Oil major 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, which were accelerated due to the...

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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. The Pan...

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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. Awilco Drilling said on Monday it has notified Keppel FELS...

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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...

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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 will be installed in the Gulf of Mexico in the next four weeks. SM58 G topside; Source: Byron...

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Keppel rejects Awilco’s contract termination

Following Awilco Drilling’s cancellation of a rig construction contract with Keppel due to alleged breaches of the contract, Keppel has denied the allegations and rejected the termination. Awilco...

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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. Havila said on Tuesday that the Havila Crusader PSV was redelivered...

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Bahamas Petroleum awarded block offshore Uruguay

London-listed oil company Bahamas Petroleum (BPC) has been awarded the AREA OFF-1 petroleum licence offshore Uruguay. Location of OFF-1 licence; Source: Bahamas Petroleum BPC said on Tuesday that it...

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Aker BP orders Hod platform from Kvaerner

Norwegian oil and gas company Aker BP has awarded Kvaerner a contract for delivering the topside and steel substructure for the unmanned wellhead platform at the Hod field off Norway. Aker BP’s Hod...

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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...

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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, in an effort to reduce greenhouse gas emissions on the Norwegian Continental...

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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. Eagle Blane (Image: Inger Johanne Stenberg/Equinor)...

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OPEC+ extends output cuts in push to tighten oil market

OPEC, Russia, and other oil producers at a meeting last weekend agreed to extend their record oil production cuts of 9.7 million barrels per day by another month, which means that the cuts will now...

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SapuraOMV preparing for Kanga survey offshore Australia

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

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CHC wins Equinor extension for helicopter services in Norway

CHC Group, a helicopter services provider, has been awarded an extension by Equinor for both the Tampen/Oseberg and Heidrun contract in Norway. The extension is for one year and it is effective from...

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Wintershall Dea adds more time to Energy Swan PSV charter

Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has secured another contract extension for its Energy Swan platform supplier with Wintershall Norge, a Norwegian unit of...

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Petrofac to support CCS and hydrogen project in UK

Petrofac’s Engineering and Production Services (EPS) business has been awarded an engineering and project management office support contract for the Acorn project in the UK. Acorn CCS Project map...

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