Fossil Energy Archives

4 months ago

Two Borr Drilling jack-up rigs booked for work in Middle East and Southeast Asia

Borr Drilling has secured letters of award (LOA) for two premium jack-up drilling rigs, which increa...

4 months ago

4 months ago

Valaris to reactivate stacked drillship for new gig off West Africa

Valaris has secured a new long-term contract with an undisclosed company for one of its drillships, ...

4 months ago

long read

4 months ago

ADNOC’s decarbonisation journey picks up speed with new net-zero target

UAE’s ADNOC has decided to step up its decarbonisation efforts by accelerating its net-zero am...

4 months ago

4 months ago

Tata Steel picks LNG-fueled MV Ubuntu Unity to transport its cargo

Indian steel-making company Tata Steel has revealed that it has used a bulk carrier that uses liquif...

4 months ago

4 months ago

Fugro performs another fully remote survey for TAQA

Fugro has completed another fully remote offshore survey inspection in the North Sea for the oil and...

4 months ago

4 months ago

Fulkrum to provide inspection services for Sempra’s PALNG project

Provider of inspection, expediting, auditing and technical staffing services Fulkrum has been awarde...

4 months ago

4 months ago

Hanwha Ocean bags new LNG carrier order worth $260 million

South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding and Marine Engineering ...

4 months ago

4 months ago

Australian FPSO goes offline once again

Jadestone Energy has temporarily shut in production from an FPSO vessel operating at a field in the ...

4 months ago

4 months ago

FueLNG Venosa performs cool-down ops for Pan Ocean’s newest LNG bunker ship

On its maiden voyage, Pan Ocean’s newest vessel, New Frontier 2, made a stop in Singapore for ...

4 months ago

long read

4 months ago

Viking and Acorn picked as two new clusters to expand UK’s carbon capture and storage industry

The UK government has selected two carbon capture and storage (CCS) projects to establish two new cl...

4 months ago

long read

4 months ago

North Sea gas supports both energy security and net-zero goals, says UK regulator

North Sea Transition Authority’s new analysis shows that domestically produced gas is signific...

4 months ago

4 months ago

Venture Global reaches ‘major regulatory milestone’ for CP2 LNG

US-based Venture Global LNG has received a positive final environmental impact statement (FEIS) from...

4 months ago

4 months ago

US offshore rig count moves up a step

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States cl...

4 months ago

energy transition

4 months ago

Premium

In focus: Spotlight on hydrogen valleys, blue economy startups and concepts

As the world faces record-breaking high temperatures, the offshore energy sector is trying to stay o...

4 months ago

long read

4 months ago

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ExxonMobil and Chevron join European oil majors in posting steep fall in profits

While Chevron and ExxonMobil recorded strong performance in 2Q 2023, this still represents a sharp d...

4 months ago

4 months ago

‘Major’ modification work at Norwegian offshore platform is a go

Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platfo...

4 months ago

4 months ago

Equinor receives nod for North Sea drilling ops

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the...

4 months ago

long read

4 months ago

Eni’s profit cut nearly in half but progress made on enlarging natural gas portion of global portfolio

Eni has revealed solid performance in 2Q and 1H 2023, despite its results being affected by a steep ...

4 months ago

4 months ago

Fourth LNG dual-fuel VLCC joins Maran Tankers fleet

Maran Tankers Management (MTM), an oil tanker shipping unit of the Greek Angelicoussis Shipping Grou...

4 months ago

4 months ago

Pipes for second phase of giant Black Sea gas project to come from Italy

Luxembourg-headquartered manufacturer of pipes and related services Tenaris has secured a contract t...

4 months ago

4 months ago

Ocean giants unite to forge mega fleet of semi-submersible vessels

China-based companies specializing in ocean-based heavy lift transport COSCO SHIPPING Specialized an...

4 months ago

4 months ago

TechnipFMC breaks subsea order records, expects to reach $9 billion in 2023

TechnipFMC has received $4.1 billion in subsea inbound orders in the second quarter of 2023, a 62.2%...

4 months ago

4 months ago

BP and OMV ink long-term LNG supply agreement

UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long...

4 months ago

4 months ago

Fleet expansion with two Transocean rigs represents harbinger of growth for Dolphin Drilling

Dolphin Drilling regards its acquisition of two semi-submersible rigs from Transocean as the herald ...

4 months ago

long read

4 months ago

Premium

As oil & gas prices tumble down from 2022 highs, Shell’s profit follows suit

Shell’s profit has been cut by more than half year-on-year, compared to the record high levels...

4 months ago

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