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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersExploration & ProductionFPSO & VesselsAuthorities & GovernmentEnvironmentRegulation & PolicyRules & RegulationRigsLiquefied Natural GasClean FuelDredgingGreen MarineHydrogenMarine EnergyOffshore WindSubseaEvents
Floatel Endurance; Source: Aker BP
Fossil Energy

More work for Floatel’s 2015-built vessel with Norwegian oil & gas player

Floatel International, an offshore accommodation provider, has won a new assignment for a ten-year-old semi-submersible accommodation vessel off the coast of Norway.

about 10 months ago
FPSO Egina; Source: TotalEnergies
Fossil Energy

TotalEnergies and Conoil swap oil & gas assets offshore Nigeria

France’s energy giant TotalEnergies has bolstered its oil and gas portfolio in African waters by striking an asset exchange deal with Conoil, which enables it to up its stake in an offshore license in Nigerian waters.

about 10 months ago
FPSOs P-84 (Atapu) and P-85 (Sépia) will each have a daily production capacity of 225 thousand barrels of oil per day and processing of 10 million cubic meters of gas per day; Source: Petrobras
Fossil Energy

Seatrium entrusts another Swiss firm with work on Brazil-bound FPSO duo

Seatrium has hired Sulzer, a Switzerland-headquartered sustainable flow control innovation player, to provide pump packages for two next-generation floating production storage and offloading (FPSO) vessels, destined to be deployed at assets operated by Brazil’s state-owned energy giant Petrobras.

about 10 months ago
Illustration; Source: BOEM
Fossil Energy

Second of 30 US offshore oil & gas lease sales on the agenda for March

The U.S. Bureau of Ocean Energy Management (BOEM) has revealed a proposed notice of sale for the next offshore oil and gas lease sale under the One Big Beautiful Bill Act, which is the second of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales required by this legislation.

about 10 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Fossil Energy

One-year encore for Odfjell Drilling’s rig with Norwegian oil & gas operator

Odfjell Drilling, a 52-year-old offshore drilling player, has secured a contract extension with Norway’s oil and gas player Aker BP for a 2019-built semi-submersible rig, which is on a drilling assignment on the Norwegian Continental Shelf (NCS).

about 10 months ago
Illustration; Source: ADES
Fossil Energy

ADES-Shelf Drilling merger wrap-up coming before November ends

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, is days away from crossing the finish line for its merger with the UAE-based Shelf Drilling, expanding its offshore drilling fleet with the addition of 33 jack-up rigs.

about 10 months ago
Golden Pass LNG (GPX) export terminal; Source: Golden Pass LNG
Fossil Energy

Chiyoda and McDermott take revised final EPC step forward for giant US LNG project

The main engineering, procurement, and construction (EPC) contractors for a liquefied natural gas (LNG) project in the United States, U.S.-headquartered McDermott (MDR) and Chiyoda International Corporation (CIC), have struck a revised EPC deal for two trains at an export terminal under construction

about 10 months ago
The final countdown: Preparing for OEEC 2025
Fossil Energy

The final countdown: Preparing for OEEC 2025

[PRESS RELEASE BY NAVINGO BV] The energy is rising as we enter the final countdown to the 18th edition of the Offshore Energy Exhibition & Conference (OEEC), taking place on 25–26 November at RAI Amsterdam. In less than one week, thousands of professionals from across the offshore energy sector will

about 10 months ago
Deepsea Mira rig; Source: Odfjell Drilling
Fossil Energy

More appraisal ops in the works with spotlight on liquid hydrocarbons’ presence off Namibia

BW Energy has provided further insight into the preliminary results of its appraisal well in the Orange Basin off the coast of Namibia, which was drilled with a rig owned by Northern Ocean and managed by Odfjell Drilling.

about 10 months ago
Illustration; Source Shell
Fossil Energy

Shell halves its stake in UK gas discovery as Ithaca comes aboard

Ithaca Energy, a North Sea oil and gas operator and producer, has put the wheels in motion to acquire a non-operated stake from Shell UK, a subsidiary of the UK-headquartered energy giant Shell, in a gas discovery located West of Shetland, about 175 kilometers northwest of the Shetland Isles.

about 10 months ago
Tiber floating production platform is based more than 85% on Kaskida's design (Kaskida rendering); Source: BP
Fossil Energy

BP books SLB OneSubsea for work on its Gulf of America oil project

UK-headquartered energy giant BP has tasked SLB OneSubsea, a joint venture between SLB (formerly Schlumberger), Aker Solutions, and Subsea7, with a subsea boosting mission for its deepwater greenfield development in the Gulf of America (U.S. Gulf of Mexico).

about 10 months ago
Harvey H. Ward jack-up rig; Source: Shelf Drilling
Fossil Energy

Shelf Drilling rig going back to work for Aramco as suspension ends

Shelf Drilling, an offshore drilling player, has received a green light from Aramco, a Saudi Arabian drilling giant, which will enable one of its rigs to return to its drilling assignment in the Middle East after more than a year-long suspension.

about 10 months ago
Transocean Barents rig; Source: OMV Petrom
Fossil Energy

Transocean rig trio staying longer in South America and Europe

Transocean, an offshore drilling giant, has lined up more work off the coasts of Brazil, Norway, and Romania for one of its drillships and two semi-submersible rigs.

about 10 months ago
Illustration; Source: Conrad Asia Energy
Fossil Energy

Arbitration battle looms in Asia as Empyrean challenges Conrad’s withdrawal notice

Conrad Asia Energy’s wholly-owned subsidiary, West Natuna Exploration Limited (WNEL), has served Empyrean Energy, an AIM-listed oil and gas exploration company, with a notice of election of remedy and forced withdrawal, after the duo had been knee-deep in talks regarding the settlement of outstandin

about 10 months ago
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