Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: 9 days ago

Borr Drilling names new chief financial officer

Offshore drilling rig owner Borr Drilling has appointed a new chief financial officer (CFO) of the c...

Categories:
  • Business & Finance
Posted: 9 days ago
Posted: 9 days ago

New CEO takes the reins at Ulstein

Cathrine Kristiseter Marti has been appointed as the new CEO of Ulstein Group, replacing Gunvor Ulst...

Categories:
  • Business & Finance
Posted: 9 days ago
Posted: 9 days ago

IEA: Pandemic to slow energy demand recovery. Upstream spending to pick up

A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the w...

Categories:
  • Market outlooks
Posted: 9 days ago
Posted: 9 days ago

ExxonMobil taps Kotug for towage services offshore Guyana

Dutch towage services provider Kotug has been awarded a long-term contract oil major ExxonMobil to p...

Categories:
  • Vessels
Posted: 9 days ago
Posted: 9 days ago

Oceaneering wins Petrobras BOP tethering services gig

Houston-based Oceaneering has won a BOP tethering services contract offshore Brazil from Petrobras. ...

Categories:
  • Project & Tenders
Posted: 9 days ago
Posted: 10 days ago

Rystad: Chinese yards to beat Asian rivals in construction costs after spending rebounds in 2021

An analysis by Norwegian energy intelligence firm Rystad Energy shows that Chinese yards will outcom...

Categories:
  • Business developments & projects
Posted: 10 days ago
Posted: 10 days ago

Hermitage sells entire fleet as part of Chapter 11 auction

Offshore support vessel provider Hermitage Offshore has selected successful bids for the company’s v...

Categories:
  • Business & Finance
Posted: 10 days ago
Posted: 10 days ago

PJ Valves to supply equipment for two FPSOs in Brazil

PJ Valves (PJV), a UK-based manufacturer and supplier of valves to the global energy industry, has b...

Categories:
  • Equipment
Posted: 10 days ago
Posted: 10 days ago

Gazprom makes ‘substantial’ gas find in Kara Sea

Russian energy giant Gazprom has found another gas deposit at the Leningradskoye field in the Kara S...

Categories:
  • Exploration & Production
Posted: 10 days ago
Posted: 10 days ago

Industry backs AUVs for seismic

Blue Ocean Seismic Services has secured a £10-million investment from a group of energy technology a...

Categories:
  • Business developments & projects
Posted: 10 days ago
Posted: 10 days ago

DNV GL, Bluewater pilot test hybrid digital twin for FPSOs

Classification society DNV GL and FPSO specialist Bluewater have teamed up on a pilot project to use...

Categories:
  • IT & Software
Posted: 10 days ago
Posted: 10 days ago

Turkey to carry out seismic survey in disputed area of Mediterranean

Turkish vessel Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ...

Categories:
  • Vessels
Posted: 10 days ago
Posted: 11 days ago

Workers returning to Gulf of Mexico platforms following Hurricane Delta

Oil and gas operators are returning its workers to platforms in the Gulf of Mexico following Hurrica...

Categories:
  • Safety
Posted: 11 days ago
Posted: 11 days ago

Stena Drilling drillship wins work in the Mediterranean

Offshore drilling contractor Stena Drilling has won a new contract for its ultra-deepwater drillship...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

Petrofac CEO to retire after 30 years. Former Shell VP to take his place

Group chief executive of oilfield services provider Petrofac has decided to retire at the end of the...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

DOF Subsea MPSV on Mero field duty for Petrobras

The DOF Group has secured another contract award in Brazil for Libra Consortium, supporting Petrobra...

Categories:
  • Vessels
Posted: 11 days ago
Posted: 11 days ago

Hibiscus Petroleum buys into 3D Oil license off Australia

Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exp...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

BP mobilising Ocean Apex rig for Ironbark drilling

The Ocean Apex semi-submersible drilling rig has been handed over to BP for the drilling of the Iron...

Categories:
  • Exploration & Production
Posted: 11 days ago
Posted: 11 days ago

Wage settlement ends oil strike in Norway

Norwegian oil firms were able to strike a wage bargain with officials of labour union Lederne on Fri...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

Neptune Energy to use Halliburton cloud well construction suite

Oil and gas exploration firm Neptune Energy has decided to adopt Halliburton’s DecisionSpace 365 wel...

Categories:
  • IT & Software
Posted: 11 days ago
Posted: 14 days ago

Lukoil starts phase two of Vladimir Filanovsky development drilling

Russian independent oil company Lukoil has launched phase two of the development drilling campaign o...

Categories:
  • Project & Tenders
Posted: 14 days ago
Posted: 14 days ago

Hurricane Delta closes 92 pct of Gulf of Mexico oil output – largest in 15 years

Over 90 per cent of current oil production in the Gulf of Mexico has been shut-in as a result of Hur...

Categories:
  • Safety
Posted: 14 days ago
Posted: 14 days ago

Norway’s striking labour union, oil firms to meet with mediator

Oil firms and labour officials in Norway will meet on Friday with a state-appointed mediator to try ...

Categories:
  • Business & Finance
Posted: 14 days ago
Posted: 14 days ago

OPEC: Oil demand to decline after plateauing in late 2030s

World oil demand will plateau in the late 2030s and by then begin to decline, the Organization of th...

Categories:
  • Market outlooks
Posted: 14 days ago
Posted: 14 days ago

Havyard extends closure as 75 people test positive for COVID-19

A total of 75 people associated with Norway’s shipbuilder New Havyard Ship Technology AS, part of Ha...

Categories:
  • Business & Finance
Posted: 14 days ago
Posted: 14 days ago

Designing of carbon-neutral offshore oil and gas platforms underway

U.S. engineering firm McDermott has teamed up with electrical equipment giant Scheider Electric and ...

Categories:
  • Research & Development
Posted: 14 days ago