Overview page containing news articles

Fossil Energy

List of the highlighted articles

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
Posted: over 4 years ago

BW Offshore mulls FPSO layup

BW Offshore has signed an agreement with Petrobras for an extension for the lease and operation of B...

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

BP profit slips on demand destruction

BP reported a significant decline in its quarterly profit due to lower prices and the destruction of...

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

NYSE to delist Diamond shares

Following its filing for Chapter 11 bankruptcy protection, Diamond Offshore Drilling has received a ...

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

Hurricane gets more time to gather Lincoln data

Due to the coronavirus pandemic, Hurricane Energy has received an extension of a deadline to plug an...

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

ADNOC and ADPower team up on subsea HVDC links

ADNOC and ADPower have issued a joint tender to develop and operate the MENA region’s first HVDC sub...

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

Wellesley hires Dolphin rig for North Sea

Dolphin Drilling will carry out a programme of North Sea drilling work for Wellesley Petroleum. ...

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

NAT cashing in on never stronger tanker market

The tanker market has never been so strong, according to Herbjørn Hansson Chairman & CEO of...

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

Diamond seeks Chapter 11 protection

Offshore drilling contractor Diamond Offshore has started voluntary Chapter 11 proceedings to restru...

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

Petronas denies claims of shutting down 14 rigs

Petronas has refuted allegations in news reports stating the company has deactivated 14 rigs and shu...

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

Johan Castberg FPSO turret modules head to Singapore

The last two modules for Equinor’s Johan Castberg FPSO turret mooring system have sailed away from D...

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

Red ink for Kvaerner

Affected by coronavirus costs and provisions, Kvaerner sank to a loss in the first quarter of the ye...

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

NYSE listing warning for Vaalco

Houston-based oil and gas company Vaalco Energy has received a continued listing warning from the Ne...

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

U.S. weekly offshore rig count flat

The number of offshore rigs in the U.S. remained unchanged with 17 active units last week, according...

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

Two new faces to join OGA board

The UK’s oil and gas industry regulator, Oil and Gas Authority (OGA), has named two new non-ex...

Categories:
  • Authorities & Government
Posted: over 4 years ago
Posted: over 4 years ago

Eni posts $3 billion loss, lowers production target

Eni booked a net loss of over $3 billion in the first quarter of the year due to the overlapping eff...

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

Perenco files decom plan for Amethyst topsides

Oil and gas company Perenco has submitted its draft decommissioning programs for four Amethyst gas f...

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

Eidesvik vessel put on standby

Eidesvik Offshore and Seabed Geosolutions have agreed to amend the contract for the node-handling ve...

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

i3 Energy in talks to waive Liberator funding term

i3 Energy is in talks with its noteholders to waive its previously agreed condition, requiring it to...

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

Maersk Drilling to reduce offshore crew

Maersk Drilling has decided to stack a number of its North Sea drilling rigs to adapt to the changin...

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

27 oil tankers with nowhere to unload parked off Californian coast

There are 27 oil tanker vessels with more than 20 million barrels of crude anchored off the coast of...

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

'Founding father' of Soviet oil industry passes away at 90

Long-time chairman of Russian oil and gas company Lukoil and “founding father” of the Soviet oil ind...

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

Offshore drilling impairments drag Saipem into the red

Italian oilfield contractor Saipem sank into the red in the first quarter of the year dragged down b...

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

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