Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: about 1 month ago

IEA: Oil market future unclear after Covid-19 shock rebound

Based on today’s policy settings, global oil demand is set to rise every year through 2026 but stron...

Categories:
  • Market outlooks
Posted: about 1 month ago
Posted: about 1 month ago

Hess offloads Denmark assets to Ineos for $150 million

Hess Corporation has entered into an agreement to sell its subsidiary Hess Denmark to Ineos E&P ...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Vantage Drilling cuts quarterly loss but sees red ink in 2020

Vantage Drilling managed to cut its losses in the last quarter of 2020 when compared to the same per...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Shell and Eni acquitted in Nigeria corruption case

A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acqui...

Categories:
  • Authorities & Government
Posted: about 1 month ago
Posted: about 1 month ago

DOF finds long-term jobs for platform supply trio

Norwegian offshore vessel owner DOF Group has been awarded new contracts for three of its vessels in...

Categories:
  • Vessels
Posted: about 1 month ago
Posted: about 1 month ago

Aker Solutions, Heerema to decom Heimdal and Veslefrikk

Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Hee...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

Ashtead Technology, OAP partner up for Total job in Angola

A new partnership between Ashtead Technology and Ocean Atlantic Petroleum (OAP) has executed its fir...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

New job to Zentech from BW Energy

Houston-based Zentech has been awarded a contract by BW Energy related to a conversion of a jack-up ...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

Expro and FTAI Ocean form well intervention vessel alliance

International oilfield service company Expro Group has formed an exclusive alliance with global vess...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Murphy Oil completes sale of King's Quay FPS

U.S. oil and gas company Murphy Oil has closed the sale of its entire 50 per cent interest in the Ki...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

Only minor oil shows for Tullow in Suriname well

Oil and gas company Tullow Oil has encountered good quality reservoir but only minor oil shows at it...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Former EY man becomes finance director at 3t Energy

Training firm 3t Energy Group has appointed a new finance director for its training division to driv...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

TMC to deliver compressor system to FPSO Anita Garibaldi

Norway-based compressor supplier TMC Compressors has been contracted to supply a marine compressed a...

Categories:
  • Equipment
Posted: about 1 month ago
Posted: about 1 month ago

Marathon Oil adds former Select Energy CEO to its board

Houston-based oil and gas company Marathon Oil Corporation has made a new addition to the company’s ...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

OSSO temperature control tech set for Neptune's Seagull

Fluid temperature control and separation solutions provider OSSO has been awarded a contract by Nept...

Categories:
  • Technology
Posted: about 1 month ago
Posted: about 1 month ago

UK gov't supports HyNet CCS project with over $45 million

Italian oil company Eni has revealed that the UK Government granted £33 million ($45.85 million) to ...

Categories:
  • Authorities & Government
Posted: about 1 month ago
Posted: about 1 month ago

Serica Energy spuds Columbus well off UK

Oil and gas company Serica Energy has started drilling the Columbus well located in the North Sea us...

Categories:
  • Exploration & Production
Posted: about 1 month ago
Posted: about 1 month ago

Subsea Viking set to sail under new Seabed Geosolutions contract

Norwegian offshore vessel owner Eidesvik Offshore has been awarded a new contract by Seabed Geosolut...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

Odfjell rig lands more work with Equinor

Offshore rig owner Odfjell Drilling has been awarded more work for one of its semi-sibmersible rigs ...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

Solstad sells two laid-up anchor handlers

Norwegian vessel owner Solstad Offshore has sold and delivered to a new owner two of its anchor hand...

Categories:
  • Vessels
Posted: about 1 month ago
Posted: about 1 month ago

Sparrows scores hat-trick in Angola’s deepwater region

Sparrows Group has secured one contract renewal and two extensions, worth a seven-figure sum, in Ang...

Categories:
  • Project & Tenders
Posted: about 1 month ago
Posted: about 1 month ago

Acorn CCS, Hydrogen project gets over $43M in gov't funding

Scotland took a step closer to its net-zero carbon goals with the announcement of over £30 million (...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

3t EnerMech to train Mozambique oil and gas workers

3t EnerMech, a strategic alliance between 3t Energy Group and EnerMech, has inked a ‘significant’ co...

Categories:
  • Human Capital
Posted: about 1 month ago
Posted: about 1 month ago

PGS wins 3D survey job in Barents Sea

Norwegian seismic player PGS has been awarded a 3D exploration survey by Lundin Energy Norway in the...

Categories:
  • Business developments & projects
Posted: about 1 month ago
Posted: about 1 month ago

OGUK: Net-zero future at risk over $4 bln lost investments

Oil & Gas UK (OGUK), the representative body for the UK offshore oil and gas industry, has state...

Categories:
  • Transition
Posted: about 1 month ago