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Fossil Energy

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Posted: 11 hours ago
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Marine seismic industry in numbers after exploration capex slash

The low oil price has led energy companies to scale back near-term investment plans significantly, a...

Categories:
  • Business & Finance
Posted: 11 hours ago
Posted: 11 hours ago

Solstad Offshore scores extensions with Total, Equinor in Brazil

Norwegian vessel owner Solstad Offshore has won several extensions in Brazil with oil majors Total a...

Categories:
  • Vessels
Posted: 11 hours ago
  • video
Posted: 13 hours ago

Pioneering Spirit removes Tyra East and West platforms

Allseas’ heavy lift vessel Pioneering Spirit has removed the Tyra East and Tyra West integrate...

Categories:
  • Heavy lifting
Posted: 13 hours ago
Posted: 15 hours ago

Chevron can make Israel’s Leviathan a global gas supplier

According to the chief executive officer (CEO) of Delek Drilling, Chevron’s entry into Israel’s Levi...

Categories:
  • Project & Tenders
Posted: 15 hours ago
Posted: 16 hours ago

ExxonMobil hires Noble Corp. drillship for Guyana drilling

Offshore drilling contractor Noble Corporation has won a six-month deal for the Noble Sam Croft dril...

Categories:
  • Business & Finance
Posted: 16 hours ago
Posted: 16 hours ago

New CEO for Axxis Geo Solutions

Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Friday it has appointed Ronny Bøh...

Categories:
  • Business & Finance
Posted: 16 hours ago
Posted: 17 hours ago

TGS submits offer to buy PGS multi-client data library

TGS-NOPEC Geophysical Company has submitted a conditional offer for the purchase of the multi-client...

Categories:
  • Business & Finance
Posted: 17 hours ago
Posted: 18 hours ago

Deep Panuke offshore platform de-installed

In its half-year earnings report, Dutch FPSO operator SBM Offshore stated that the Deep Panuke mobil...

Categories:
  • Project & Tenders
Posted: 18 hours ago
Posted: 1 day ago

OGA: Offshore energy industry can aid UK in reaching net-zero

The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon ...

Categories:
  • Authorities & Government
Posted: 1 day ago
Posted: 1 day ago

Petrobras reaches record Buzios output in July

Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater fie...

Categories:
  • Exploration & Production
Posted: 1 day ago
Posted: 1 day ago

Aker Offshore Wind sets sights on deep-water projects

Aker Solutions’ offshore wind spin-off, Aker Offshore Wind, will initially focus on deep-water...

Categories:
  • Business & Finance
Posted: 1 day ago
Posted: 1 day ago

Royal IHC to provide mooring and equipment for Anna Nery FPSO

Malaysian FPSO provider Yinson has awarded Royal IHC a contract for the supply of a tandem mooring a...

Categories:
  • Business & Finance
Posted: 1 day ago
Posted: 1 day ago

Inpex hit by $1.3 bln Australian LNG assets impairment

Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment los...

Categories:
  • Business developments & projects
Posted: 1 day ago
Posted: 1 day ago

Trump inks law to fund infrastructure maintenance with offshore oil and gas royalties

U.S. President Donald Trump has signed into law a bipartisan bill which would use royalties from off...

Categories:
  • Authorities & Government
Posted: 1 day ago
Posted: 1 day ago

Offshore rigs could be ‘stepping stones’ for non-native species

Scientists from around the UK, led by the Heriot-Watt’s International Centre for Island Technology, ...

Categories:
  • Environment
Posted: 1 day ago
Posted: 1 day ago

Somalia to announce winners of first licensing round in early 2021

Somalia will reportedly announce the winners of its first oil and gas licensing round in early 2021 ...

Categories:
  • Authorities & Government
Posted: 1 day ago
Posted: 2 days ago

Delek offers $2.25B in bonds to finance Leviathan development

Israel’s Delek Drilling has revealed it would issue bonds in an aggregate amount of $2.25 bill...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

NOPSEMA approves Shell’s Crux gas field OPP

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted...

Categories:
  • Business developments & projects
Posted: 2 days ago
Posted: 2 days ago

Spirit Energy bites dust near Ivar Aasen field

Oil and gas company Spirit Energy has hit a duster near the Ivar Aasen field in the central part of ...

Categories:
  • Exploration & Production
Posted: 2 days ago
Posted: 2 days ago

Remazel Engineering pens Jotun FPSO upgrade deal

Italian engineering firm Remazel Engineering has won a deal from Bluewater for work on the Jotun FPS...

Categories:
  • Operations & Maintenance
Posted: 2 days ago
Posted: 2 days ago

Fieldwood Energy files for Chapter 11

U.S.-based Fieldwood Energy has filed for Chapter 11 bankruptcy as part of its efforts to restructur...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

Havila Shipping scores extensions for PSV duo with Total

The Danish entity of French oil major Total has extended the contracts for Havila Shipping’s two pla...

Categories:
  • Vessels
Posted: 2 days ago
  • long read
Posted: 2 days ago

BP to cut fossil fuels output by 40 per cent by 2030

Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP rev...

Categories:
  • Vision
Posted: 2 days ago
Posted: 2 days ago

Record losses result in BP’s first dividend cut since Deepwater Horizon

UK oil major BP has cut its dividend for the first time since the Deepwater Horizon disaster after r...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 2 days ago

TGS returns to Argentina to wrap up Malvinas seismic survey

TGS will return to Argentina, where it operates as NOPEC Geophysical, to complete the previously ann...

Categories:
  • Operations & Maintenance
Posted: 2 days ago
Posted: 2 days ago

SRO Solutions replaces software systems on six Stena Drilling rigs

UK-based tech firm SRO Solutions has replaced asset management software systems on six Stena Drillin...

Categories:
  • Technology
Posted: 2 days ago