Fossil Energy Archives

energy transition

9 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...

9 months ago

long read

9 months ago

Premium

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...

9 months ago

9 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...

9 months ago

9 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...

9 months ago

long read

9 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 ...

9 months ago

9 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...

9 months ago

9 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...

9 months ago

9 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%...

9 months ago

9 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 ...

9 months ago

long read

9 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...

9 months ago

long read

9 months ago

Premium

TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day

TotalEnergies has disclosed strong results for the second quarter and first half of 2023, thanks to ...

9 months ago

9 months ago

With hydrocarbons present, results of North Sea well found to be ‘encouraging’

Ithaca Energy has revealed more information about the results of its exploration drilling at the K2 ...

9 months ago

9 months ago

SLB and Eni in alliance for pipeline integrity monitoring and analysis

SLB and Eni, through its subsidiary Enivibes, have established an alliance for the deployment of a v...

9 months ago

9 months ago

Gallery: Allseas’ giant vessel removes two Morecambe Bay jackets in less than two days

Allseas has completed the two jackets removal campaign for Spirit Energy’s Morecambe Bay development...

9 months ago

New oil discovery confirmed in Gulf of Mexico

U.S. oil and gas company Hess Corporation has made an oil discovery in an exploration well located i...

9 months ago

long read

9 months ago

Are net-zero aspirations in jeopardy with oil & gas boom at full tilt?

The global oil and gas industry has embarked on a growth upcycle, raising concerns that this is putt...

9 months ago

9 months ago

With 18 oil & gas projects, worth $60.2 billion, in the works, Qatar set on upping the LNG ante

Qatar’s energy sector is positioned for further growth, solidifying the country’s positi...

9 months ago

long read

9 months ago

Beach Energy awaits Valaris rig to spud well off New Zealand

Beach Energy is now targeting the start of drilling operations at its development well off Taranaki ...

9 months ago

9 months ago

Large-scale CO2 capture project added to Saipem’s workload in Europe

Saipem has inked a letter of intent for work on a large-scale CO2 capture project with Stockholm Exe...

9 months ago

long read

9 months ago

Lower oil & gas prices take a bite out of Norwegian energy giant’s profit

Equinor’s profit was cut in more than half from record-high figures seen last year due to sig...

9 months ago

long read

9 months ago

Court fight on UK govt’s hands over oil & gas licensing round

Greenpeace has decided to take the UK government to court over – what it deems to be – a...

9 months ago

9 months ago

By taking over Chevron’s assets off Indonesia, Eni enriches its gas and LNG portfolio

Italian oil major Eni has decided to enhance its oil and gas portfolio further by acquiring Chevron&...

9 months ago

9 months ago

Two Siem vessels booked for work in Australia

Siem Offshore has secured a new deal for two of its anchor handling tug supply (AHTS) vessels with a...

9 months ago

breaking news

9 months ago

Long-awaited oil removal from FSO Safer kicks off

The much-anticipated removal of more than 1 million barrels of oil from the decaying FSO Safer ...

9 months ago

long read

9 months ago

Canada puts a lid on fossil fuel subsidies but exceptions throw a lifeline to oil & gas industry

The Canadian government has now set its cap on making good on its climate commitment to phase out in...

9 months ago

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