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 AramcoLong-term deal for ADES
Fossil Energy – Contract
ADES has signed a 10-year contract renewal for one of its standard offshore jack-up rigs, which was among the suspended rigs previously operating in the Kingdom of Saudi Arabia.
[Read more…] about Long-term deal for ADESbpTT starts production from Cypre gas project
Fossil Energy – Trinidad and Tobago
bp Trinidad and Tobago (bpTT) confirmed its Cypre development has safely delivered its first gas.
[Read more…] about bpTT starts production from Cypre gas projectbpTT gives Ginger green light, announces Frangipani success
Fossil Energy – Trinidad and Tobago
bp Trinidad and Tobago has achieved two major milestones, sanctioning the Ginger gas development and exploration success at its Frangipani well.
[Read more…] about bpTT gives Ginger green light, announces Frangipani successStrategic consolidation of Repsol with NEO
General – Agreement to Consolidate
Repsol announced a landmark agreement to consolidate its UK North Sea upstream business with NEO Energy Group through a share-for-share combination.
[Read more…] about Strategic consolidation of Repsol with NEOEni increases gas volumes for power generation in Côte d’Ivoire
Fossil Energy – Increase in Supply
Eni and Petroci have announced a significant increase in gas supply for Côte d’Ivoire’s power generation system.
[Read more…] about Eni increases gas volumes for power generation in Côte d’IvoireShell to drill in Campos ultra-deep waters
Fossil Energy – Drilling
Shell returns to the ultra-deep waters of the Campos Basin to drill another wildcat.
[Read more…] about Shell to drill in Campos ultra-deep watersBP to ditch renewables goals and return focus to fossil fuels
Fossil Energy – bp
BP’s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters.
[Read more…] about BP to ditch renewables goals and return focus to fossil fuels