Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: over 4 years ago

Lundin lifts output forecast

Lundin Energy saw its quarterly revenues grow on the back of Johan Sverdrup start-up. As a result of...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Norway to introduce output cuts until end of 2020

The Norwegian Government has decided to make oil production cuts in an attempt to more rapidly stabi...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Total to examine if O&G platforms can run on renewables

French energy major Total has joined a project to explore the potential of powering offshore oil and...

Categories:
  • Technology
Posted: over 4 years ago
Posted: over 4 years ago

Valaris books $3 billion loss

Valaris booked $3 billion loss in the first quarter of the year affected by impairments and fleet ut...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

NOPSEMA accepts Beach's plan for Trefoil seabed assessment

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA...

Categories:
  • Regulation & Policy
Posted: over 4 years ago
Posted: over 4 years ago

Shell cuts dividend as profit tumbles

Shell has decided to slash its dividend after seeing its quarterly profit nearly halved when compare...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Aker Solutions slips to quarterly loss

Aker Solutions booked Q1 2020 loss of NOK 742 million, against profit of NOK 149 million same time l...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Equinor bites dust in North Sea

Norwegian oil and gas company Equinor has drilled a dry well near the Oseberg field in the North Sea...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Spirit Energy to use Leiv Eiriksson rig in Barents Sea

Oil and gas company Spirit Energy has received consent from the offshore safety body, the Petroleum ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Keppel Offshore & Marine profit halved

Singapore’s offshore rig and vessel builder Keppel Offshore & Marine saw its quarterly pro...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Gazprom’s net profit dips

Russian gas giant Gazprom reported a 17 percent drop in 2019 net profit due to lower prices and decl...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Large E&P firm interested in Corallian's UK block

UK oil and gas company Corallian and its joint venture partners, Upland Resources and Baron Oil, hav...

Categories:
  • Project & Tenders
Posted: over 4 years ago
Posted: over 4 years ago

New projects boost CNOOC output

CNOOC saw an increase in its quarterly production driven by new project startups in China and the co...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Neptune Energy partners with Eneco on PosHYdon

Dutch energy company Eneco has joined as a partner the PosHYdon pilot, the world’s first offshore gr...

Categories:
  • Technology
Posted: over 4 years ago
Posted: over 4 years ago

KenzFigee pipe handling cranes for Spliethoff newbuilds

Dutch offshore lifting equipment provider KenzFigee has been awarded a contract by Amsterdam-based s...

Categories:
  • Equipment
Posted: over 4 years ago
Posted: over 4 years ago

Green light for subsea modifications at Ichthys LNG

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has ...

Categories:
  • Project & Tenders
Posted: over 4 years ago
Posted: over 4 years ago

Polarcus in XArray seismic acquisition in Asia Pacific

Polarcus has received a contract for an XArray marine seismic acquisition project in Asia Pacific. T...

Categories:
  • Operations & Maintenance
Posted: over 4 years ago
Posted: over 4 years ago

Floatel gets charter extension from Equinor

Equinor has extended the charter for a Floatel International-owned accommodation rig for operations ...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Beach denies Diamond's invalid contract termination claim

Diamond Offshore has filed a complaint against Australia’s Beach Energy claiming that the oil ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

UK unions call on gov't to halt 'carnage' of jobs

UK’s offshore unions have launched a campaign to protect the jobs in the oil and gas sector an...

Categories:
  • Market Outlooks
Posted: over 4 years ago
Posted: over 4 years ago

Mota-Engil, Besix score Mozambique LNG deal

A partnership consisting of Portugal’s Mota-Engil and Besix of Belgium has secured a contract ...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

IMF loan to aid Gabon's recovery from oil price crash

The International Monetary Fund (IMF) and the Government of Gabon have reached an agreement for a $1...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Neptune kicks off Fenja campaign

Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the sp...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

OKEA dives deeper into the red

OKEA sank deeper into the red in the first quarter of the year affected by lower oil and gas prices ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Petrobras production up despite global recession

The negative effects of the global recession caused by the public health crisis did not substantiall...

Categories:
  • Exploration & Production
Posted: over 4 years ago

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