Fossil Energy – Pipeline Installation
Allseas’ Solitaire has completed pipelay duties for Equinor and Aker BP Yggdrasil development – delivering 122 kilometres of oil and gas export pipelines.
[Read more…] about Solitaire sets standard on Yggdrasil
Petronas expands Suriname portfolio with deepwater block acquisition
Fossil Energy – Suriname
Petronas has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname.
[Read more…] about Petronas expands Suriname portfolio with deepwater block acquisitionCNOOC starts oil production at South China Sea field
Fossil Energy – China
China National Offshore Oil Corporation (CNOOC) has commenced production at the Weizhou 5-3 oilfield development project in the Beibu Gulf Basin of the South China Sea.
[Read more…] about CNOOC starts oil production at South China Sea fieldShell signs agreement with COOEC to enhance collaboration
Fossil Energy – MoU
Shell and China’s Offshore Oil Engineering Company (COOEC) have signed a new Memorandum of Understanding (MoU) aimed at deepening their strategic partnership and expanding cooperation across traditional oil and gas as well as low-carbon energy sectors.
[Read more…] about Shell signs agreement with COOEC to enhance collaborationSuriname’s 2025 exploration wells targeting 900 mm boe of resources
Fossil Energy – Suriname
Wood Mackenzie projects that the three exploration prospects currently being developed in Suriname’s offshore basin this year hold a combined total of approximately 900 million barrels of oil equivalent (mmboe).
[Read more…] about Suriname’s 2025 exploration wells targeting 900 mm boe of resourcesTrump urges UK to back North Sea and Aberdeen as its hub
Fossil Energy – Politics
President Donald Trump has said there is North Sea oil to last 100 years with Áberdeen as its hub.
[Read more…] about Trump urges UK to back North Sea and Aberdeen as its hubFire at Vietnam’s first offshore decommissioning project
Fossil Energy – Decommissioning
Vietnamese officials confirmed that there was a devastating fire at the Song Doc offshore oil platform on Wednesday.
[Read more…] about Fire at Vietnam’s first offshore decommissioning projectTurkey finds new natural gas reserve in Black Sea
Fossil Energy – Black Sea
Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea.
[Read more…] about Turkey finds new natural gas reserve in Black SeaSale of jack up VALARIS 247 $108 million
Fossil Energy – Drilling
Valaris has agreed to sell the jack-up VALARIS 247 to BW Energy for approximately $108 million in cash.
[Read more…] about Sale of jack up VALARIS 247 $108 millionLong term agreement extension deal with Saudi Aramco
Fossil Energy – Agreement Extension
Middle East contracting player Lamprell, owned by Saudi Arabia’s Algihaz Holdings, has confirmed the extension of a long term agreement (LTA) with state giant Saudi Aramco for offshore oil and gas projects in the kingdom.
[Read more…] about Long term agreement extension deal with Saudi Aramco