Fossil Energy Archives

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

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9 months ago

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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

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9 months ago

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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

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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

9 months ago

French firm expands its work scope for one of the world’s largest deepwater fields

French provider of tubular solutions Vallourec has secured two new orders to deliver line pipes for ...

9 months ago

9 months ago

Shell sells stake in deepwater block off Indonesia

Shell has inked a sale and purchase agreements with Petronas and Pertamina to divest its entire sta...

9 months ago

9 months ago

Shell awaits green light for work on gas project off Australia

Shell has submitted an environment plan (EP) for the installation of the drilling template on the Cr...

9 months ago

9 months ago

Chevron enables current CEO to remain longer in the role and unveils new CFO

Chevron has disclosed a waiver of the mandatory retirement age for its current chairman and chief e...

9 months ago

9 months ago

Well-Safe Solutions rig winds down decom ops at one North Sea field and moves to another

Well-Safe Solutions’ semi-submersible rig has wrapped up its decommissioning assignment on one...

9 months ago

9 months ago

With more natural gas in mind, two players looking into energy potential in Türkiye and Bulgaria

Trillion Energy has entered into a non-disclosure agreement with a Global energy trading company, to...

9 months ago

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