Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: 2 months ago

U.S. offshore rig count stands at 12 for five weeks on the trot

The U.S. offshore rig count stayed flat again, as the number of active rigs is steady at 12 for the ...

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

New boss to lead Equinor in next phase of energy transition

The board of directors of Equinor has appointed Anders Opedal as the new president and CEO of Equino...

Categories:
  • Transition
Posted: 2 months ago
Posted: 2 months ago

Bechtel names new oil and gas chief

US engineering firm Bechtel said it appointed Paul Marsden as president of the company’s oil, gas an...

Categories:
  • Business developments & projects
Posted: 2 months ago
Posted: 2 months ago
Premium

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: 2 months ago
Posted: 2 months 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: 2 months ago
  • video
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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: 2 months ago
Posted: 2 months 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 months ago
Posted: 2 months 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 months ago
Posted: 2 months 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 months ago
Posted: 2 months 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 months ago
Posted: 2 months 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 months ago
Posted: 2 months 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 months ago
  • long read
Posted: 2 months 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 months ago