Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: 2 months ago

Petrofac sells UK training business to 3t Energy

3t Energy Group has exchanged contracts with oilfield services provider Petrofac for the purchase of...

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

Chrysaor spuds North Sea well with COSL rig

Drilling operations on the Chrysaor-operated Jerv exploration well, located offshore Norway, started...

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

Norway: Oil firms to increase 2021 spending. Decline in 2022

Oil and gas companies in Norway have increased their 2021 investment plans in recent months, but sti...

Categories:
  • Outlook & strategy
Posted: 2 months ago
Posted: 2 months ago

Equinor faces safety order over Snorre incident

Norway’s offshore safety watchdog has issued Equinor with a notification of order following an...

Categories:
  • Safety
Posted: 2 months ago
Posted: 2 months ago

Woodside posts $4 billion loss

Australian LNG major Woodside posted a $4 million loss for the year 2020 impacted by impairments. ...

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

Egypt Upstream Gateway launched

The Egyptian Ministry of Petroleum and Schlumberger have launched the Egypt Upstream Gateway, an inn...

Categories:
  • Authorities & Government
Posted: 2 months ago
Posted: 2 months ago

Rystad: Most of Alaska’s remaining oil at risk due to Biden policies

There has been much discussion over the possible outcome for the Gulf of Mexico, but one of the are...

Categories:
  • Market outlooks
Posted: 2 months ago
Posted: 2 months ago

Reach Subsea, MMT stay on Nord Stream survey duty

Norwegian contractor Reach Subsea and its Swedish partner MMT have landed a three-year deal, with tw...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Impairments push Santos into red

Low oil and LNG prices affected by the COVID-19 pandemic hampered the Australian energy major Santos...

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

Premier gets the nod for Balmoral decommissioning plans

Premier Oil’s decommissioning plans for the Balmoral field, located in the UK North Sea, have ...

Categories:
  • Authorities & Government
Posted: 2 months ago
Posted: 2 months ago

NPD: A lot of oil and gas left on Norwegian shelf

The Norwegian Petroleum Directorate (NPD) has revealed that the Norwegian continental shelf (NCS) ho...

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

Equinor and Engie team up for low-carbon hydrogen projects

Norway’s energy giant Equinor and French utility company Engie have entered into a partnership...

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

BP unveils first-ever employee share award plan

Oil major BP is launching a first-ever share award scheme to more than 60,000 employees as the compa...

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

Halliburton adds LyondellBasell CEO to its board

Oilfield services giant Halliburton has announced that Bhavesh V. (Bob) Patel has been named to the ...

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

Green light for manned subsea ops off Norway

Norwegian offshore safety watchdog PSA has granted consent for manned underwater operations in 2021 ...

Categories:
  • Rules & Regulation
Posted: 2 months ago
Posted: 2 months ago

ExxonMobil brings in experts to repair Guyana FPSO

ExxonMobil has experienced technical issues with a gas compressor on SBM Offshore’s FPSO Liza ...

Categories:
  • Vessels
Posted: 2 months ago
Posted: 2 months ago

TechnipFMC takes Egypt subsea prize

Offshore services provider TechnipFMC has signed a contract with AbuQir Petroleum, a joint venture b...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Solstad wins GMG contract for Normand Cutter

Solstad has secured a contract for the CSV Normand Cutter with UK-based subsea engineering firm Glob...

Categories:
  • Vessels
Posted: 2 months ago
Posted: 2 months ago

Beach Energy to develop Trefoil using subsea tiebacks

Oil and gas company Beach Energy has revealed it would be using subsea tiebacks and existing infrast...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

BW Offshore buys into Ideol

The oil & gas services provider BW Offshore has signed a share purchase agreement to become a st...

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

Mubadala Petroleum elects new CEO to take it forward amid energy transition

Oil and gas company Mubadala Petroleum, a subsidiary of Mubadala Investment Company, has appointed M...

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

Shearwater grabs another Petrobras contract

Seismic exploration company Shearwater said it has won a ‘substantial’ contract for deep...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Lukoil jumps in with takeover offer for FAR

Following a failed attempt to enter into the RSSD project off Senegal through the acquisition from C...

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

Norway: January oil output on par with NPD predictions

Norway had a good start to the new year with oil production in January 2021 on par with forecasts ma...

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

Aker Solutions to work on Troll electrification for Equinor

Aker Solutions has secured a letter of intent from Equinor for the topside work on the Troll B and C...

Categories:
  • Project & Tenders
Posted: 2 months ago