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Fossil Energy

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OMV: Oil starts flowing from offshore oil fields in UAE
Fossil Energy

OMV: Oil starts flowing from offshore oil fields in UAE

OMV: Oil starts flowing from offshore oil fields in UAE

about 8 years ago
Noble, Delek to buy stake in gas pipeline between Israel and Egypt
Fossil Energy

Noble, Delek to buy stake in gas pipeline between Israel and Egypt

U.S. company Noble Energy and Israel’s Delek have acquired a stake in the East Mediterranean Gas company securing ownership in a gas pipeline linking Israel and Egypt enabling the gas flow from the Tamar and Delek offshore gas fields.

about 8 years ago
Qatar Petroleum to further boost North Field output with new LNG train
Fossil Energy

Qatar Petroleum to further boost North Field output with new LNG train

QP CEO: “This new capacity increase will further strengthen our leading position as the world’s largest LNG producer”

about 8 years ago
Two-year deal for Solstad Farstad vessel in Qatar
Fossil Energy

Two-year deal for Solstad Farstad vessel in Qatar

Solstad Farstad has been awarded a contract for one of its platform supply vessels (PSVs) for operations offshore Qatar.

about 8 years ago
ADNOC hands out $860M deal for gas development expansion project
Fossil Energy

ADNOC hands out $860M deal for gas development expansion project

ADNOC LNG, a subsidiary of the Abu Dhabi National Oil Company, has signed an engineering, procurement, construction and commissioning (EPC) contract for the second phase of the Integrated Gas Development Expansion (IGD-E) project, with a consortium of Spain’s Tecnicas Reunidas and Abu Dhabi’s Target

about 8 years ago
OGCI members move to tackle methane emissions
Fossil Energy

OGCI members move to tackle methane emissions

Following last week’s news that three U.S. oil companies would join the Oil and Gas Climate Initiative, OGCI on Monday announced a target to reduce by 2025 the collective average methane intensity of its aggregated upstream gas and oil operations by one fifth to below 0.25%, with the ambition to ach

about 8 years ago
OPEC: No output boost pledge despite Trump calling for it
Fossil Energy

OPEC: No output boost pledge despite Trump calling for it

Oil output increase was not discussed at Sunday’s joint OPEC-Non-OPEC ministerial monitoring committee, despite U.S. President Donald Trump calling for OPEC to lower oil prices via Twitter.

about 8 years ago
Popular news, September 17 – 23, 2018
Fossil Energy

Popular news, September 17 – 23, 2018

Offshore Energy Today’s most popular news of the past week

about 8 years ago
Shell in AI, machine learning push
Fossil Energy

Shell in AI, machine learning push

Oil giant Shell has selected C3 IoT with Microsoft Azure as its artificial intelligence (AI) platform to “enable and accelerate digital transformation on a global scale.”

about 8 years ago
Noble buys new jack-up rig, wins first contract
Fossil Energy

Noble buys new jack-up rig, wins first contract

Noble Corporation has bought a new Gusto MSC CJ46 design jack-up rig from Singapore’s rig builder PaxOcean Group

about 8 years ago
ExxonMobil, Chevron, OXY to join Oil and Gas Climate Initiative
Fossil Energy

ExxonMobil, Chevron, OXY to join Oil and Gas Climate Initiative

U.S. oil firms ExxonMobil, Chevron, Occidental Petroleum are set to join the Oil and Gas Climate Initiative (OGCI), an initiative representing 13 of the world’s largest oil and gas producers working on solutions to mitigate the risks of climate change.

about 8 years ago
GMS clinches 15 years worth of charters in MENA
Fossil Energy

GMS clinches 15 years worth of charters in MENA

Gulf Marine Services has been awarded 15 years worth of contracts for three self-propelled self-elevating support vessels in the Middle East and North Africa (MENA) region with an undisclosed national oil company.

about 8 years ago
The Chinese to build offshore drilling islands for Berri field in Saudi Arabia
Fossil Energy

The Chinese to build offshore drilling islands for Berri field in Saudi Arabia

Saudi oil giant Saudi Aramco has awarded a contract for the construction of two drilling islands to support the offshore Berri field production capacity. The work will be carried out by China Harbour Engineering Arabia. According to information by Wood Mackenzie, the Berri field extends off Saudi Ar

about 8 years ago
Shell moves to tackle methane emissions across O&G assets
Fossil Energy

Shell moves to tackle methane emissions across O&G assets

Oil giant Shell is working to keep methane emissions intensity below 0.2% by 2025 across all of the oil and gas assets it operates. The move, announced on Monday, has been welcomed by the UN as a signal for the rest of the industry. Commenting on Shell’s methane commitment, Maarten Wetselaar, Shell’

about 8 years ago
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