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Acquisition of additional interest in Cygnus Field

Tuesday, May 27 2025

Fossil Energy – Acquisition

Ithaca Energy has signed a sale and purchase agreement to acquire an additional 46.25% stake in the Cygnus gas field from Spirit Energy for a purchase price of  $154 million.

[Read more…] about Acquisition of additional interest in Cygnus Field

Filed Under: Acquisition, Cygnus, gas production, International projects, Ithaca, Spirit Energy Tagged With: acquisition, Cygnus Field, gas production, Ithaca, Spirit Energy

Well-Safe Solutions signs North Sea contracts worth US$25 million

Tuesday, November 19 2024

Fossil Energy – Decommissioning

Well-Safe Solutions was awarded two new contracts totaling $25 million for well decommissioning activity in the UK Continental Shelf for Spirit Energy and an additional global operator using the Well-Safe Protector jack up and Well-Safe Defender semisubmersible.

[Read more…] about Well-Safe Solutions signs North Sea contracts worth US$25 million

Filed Under: Decommissioning, International News, North Sea, subsea wells, Well-Safe Tagged With: decommissioning, north sea, Spirit Energy, subsea wells, Well Safe Solutions

Well-Safe Defender heading out to North Sea for first decommissioning job

Wednesday, April 12 2023

Fossil Energy – Decommissioning

Following the completion of plug and abandonment (P&A) specific upgrades, the Well-Safe Solutions-owned semisubmersible Well-Safe Defender is heading out to the UK North Sea to carry out a P&A campaign for Spirit Energy.

[Read more…] about Well-Safe Defender heading out to North Sea for first decommissioning job

Filed Under: Decommissioning, International News, North Sea, Spirit Energy, Well-Safe Tagged With: decommissioning, north sea, Spirit Energy, Well-Safe

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