Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: 17 days ago

Wintershall Dea exiting Russia as operations are “not tenable”

Germany’s oil and gas company Wintershall Dea is planning to fully exit Russia, stating that c...

Categories:
  • Business & Finance
Posted: 17 days ago
  • long read
Posted: 17 days ago

Fresh gas discovery in Norwegian Sea puts tie-back potential on the table

Norwegian state-owned energy giant Equinor has made a new commercial gas discovery in the Norwegian ...

Categories:
  • Exploration & Production
Posted: 17 days ago
Posted: 17 days ago

Wison starts building Eni’s 2nd Congo-bound FLNG unit

Chinese shipyard Wison Heavy Industry has officially started the construction of a 2.4 million tonne...

Categories:
  • Business developments & projects
Posted: 17 days ago
Posted: 17 days ago

Lien on five rigs to secure Transocean’s $1.175 billion of senior secured notes due 2030

Transocean has kicked off a private offering of $1.175 bln of secured notes due in 2030 to cover the...

Categories:
  • Business & Finance
Posted: 17 days ago
Posted: 17 days ago

UK firm chosen to drill well offshore Isle of Man

Isle of Man-based Crogga Limited has awarded Aberdeen-based energy services company THREE60 Energy w...

Categories:
  • Project & Tenders
Posted: 17 days ago
Posted: 18 days ago

New FPSO arrives in Brazil for final commissioning ahead of production start-up

MODEC’s new FPSO has arrived in Brazil to get ready for work in the pre-salt Santos Basin for ...

Categories:
  • Project & Tenders
Posted: 18 days ago
  • long read
Posted: 18 days ago

UK’s first licensing round since 2019 brings 115 bids from 76 oil & gas firms

The UK’s 33rd offshore oil and gas licensing round has attracted a total of 115 bids across 258 bloc...

Categories:
  • Authorities & Government
Posted: 18 days ago
Posted: 18 days ago

UK partners developing new system to ‘revolutionize’ subsea cutting

A partnership comprising Acteon’s Claxton, the University of Aberdeen, the National Decommissi...

Categories:
  • Technology
Posted: 18 days ago
Posted: 18 days ago

UK player snaps up North Sea discovery

Quattro Energy has entered into a binding deal to buy a license in the Central North Sea, which incl...

Categories:
  • Business & Finance
Posted: 18 days ago
Posted: 18 days ago

OMV gearing up to drill two North Sea wells

OMV has secured a drilling permit from Norway’s authorities for two exploration wells in the Norwegi...

Categories:
  • Authorities & Government
Posted: 18 days ago
Posted: 18 days ago

Semi-sub rig to sport new filterless ballast water management system

Island Drilling has decided to retrofit its semi-submersible drilling rig with Ecochlor’s EcoOne fil...

Categories:
  • Project & Tenders
Posted: 18 days ago
Industry Contribution
Partner

Climate goals: wait for a stricter agreement or take responsibility?

Every time there is research done on CO2 pollution by a prominent university or leading indepen...

Posted: about 1 year ago
Industry Contribution
Partner

Damen FCS 5009 m/v Leonardo gets an upgrade that defies the roll of the sea

In a continuous effort to integrate revolutionizing products and ideas into the offshore crew and ca...

Posted: about 1 year ago
Posted: 18 days ago

Island Drilling’s rig secures additional work in Africa

Island Drilling has been awarded a contract extension for its semi-submersible rig, which will prolo...

Categories:
  • Project & Tenders
Posted: 18 days ago
Posted: 18 days ago

Aker Solutions to deliver subsea equipment for TotalEnergies’ oil development off Brazil

Aker Solutions has secured a contract with French energy giant TotalEnergies for the delivery of the...

Categories:
  • Project & Tenders
Posted: 18 days ago
Posted: 18 days ago

Shell hires Stena drillship for Mediterranean drilling campaign

Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidi...

Categories:
  • Project & Tenders
Posted: 18 days ago
Industry Contribution

DUPI – tackling the challenges of insuring offshore energy

Maritime insurance undoubtedly plays a critical role in the offshore energy industry. And because th...

Posted: about 1 year ago
  • long read
Posted: 18 days ago
Premium

Oil & gas to stay America’s sweethearts for decades to come

A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over,...

Categories:
  • Outlook & strategy
Posted: 18 days ago
Posted: 19 days ago

Enagás buys stake in UK-Netherlands subsea gas pipeline operator

Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% ...

Categories:
  • Business developments & projects
Posted: 19 days ago
Posted: 19 days ago

As 16-year deal comes to an end, Yinson sells FPSO operating off Nigeria

Following the completion of a 16-year contract, Malaysia’s Yinson has wrapped up the sale of an FPSO...

Categories:
  • Business & Finance
Posted: 19 days ago
Industry Contribution

Pushing the limits of offshore wind farm installation and transportation

With the rapid increasing size of Wind Turbine Generators (WTG’s), the transportation and installati...

Posted: about 1 year ago
Posted: 19 days ago

Tower Resources to fund work program commitments with new institutional placing

Africa-focused energy company Tower Resources has completed an institutional placing of up to $6 mil...

Categories:
  • Business & Finance
Posted: 19 days ago
Posted: 19 days ago

U.S. sees an upturn in offshore rig count activity

The U.S. stepped up its game last week and recorded an increase in the number of offshore rigs to 19...

Categories:
  • Exploration & Production
Posted: 19 days ago
Posted: 19 days ago

Eni prolongs FPSO’s stay off Nigeria

Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which ...

Categories:
  • Project & Tenders
Posted: 19 days ago
  • energy transition
Posted: 19 days ago

Energy transition needs fair and realistic solutions

So far, global net-zero ambitions have not been supported with an actual plan beyond setting expecta...

Categories:
  • Outlook & strategy
Posted: 19 days ago
Posted: 19 days ago

FPSO on Brazil’s third largest oil field goes full steam ahead with maximum production capacity

Petrobras has revealed that an FPSO, currently producing oil and gas at a field off Brazil, has reac...

Categories:
  • Exploration & Production
Posted: 19 days ago
Posted: 19 days ago

Following lifetime extension, Canadian field gets oil resources upgrade 

Following the decision to extend the lifetime of the field, Canada-Newfoundland and Labrador Offshor...

Categories:
  • Project & Tenders
Posted: 19 days ago
Posted: 19 days ago

TotalEnergies reveals plans to invest $1 billion in oil development off Brazil

TotalEnergies has approved a final investment decision for an oil development project in the Santos ...

Categories:
  • Business & Finance
Posted: 19 days ago
Posted: 19 days ago

Fresh gas discovery for Chevron

U.S.-headquartered energy giant Chevron has made a new gas discovery in the Eastern Mediterranean Se...

Categories:
  • Exploration & Production
Posted: 19 days ago