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Fossil Energy

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Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Fossil Energy

U.S. offshore rig count drops down a notch

Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. slipped down one unit last week.

about 3 years ago
New company for offshore services comes to market
Fossil Energy

New company for offshore services comes to market

France-headquartered Bourbon and Canada’s Horizon Maritime have established a new company with a base fleet of seven vessels dedicated to providing marine services and operations with a focus on the North Sea and Canadian offshore markets. Incorporated in Norway, Bourbon Horizon is strategically pos

about 3 years ago
Deepwater Champion drillship (for illustration purposes); Source: Transocean
Fossil Energy

U.S. steps up its offshore rig count game

Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. was on an upward trajectory last week.

about 3 years ago
Illustration of Bay du Nord FPSO; Source: Equinor
Fossil Energy

What’s new for the controversial Bay du Nord oil project?

The court hearing for the controversial Bay du Nord offshore oil project was expected to kick off last week, however, this was not the case. What does this mean for the project? Is the hearing cancelled or just postponed until a later date?

about 3 years ago
West Carina drillship (for illustration purposes); Source: Seadrill
Fossil Energy

U.S. offshore rig count goes down a notch

Baker Hughes’ rig count report: The number of offshore rigs in the U.S. dropped for the third week in a row, slipping to 12 units last week.

about 3 years ago
January brings increase to offshore rig count
Fossil Energy

January brings increase to offshore rig count

The international offshore rig count recorded an increase of ten units in January 2023 compared to December last year, according to the latest rig count report from Baker Hughes. The international rig count is up 60 rigs from last year’s count of 841, with offshore rigs up 31 and onshore rigs up 29.

about 3 years ago
Uranus rig; Source: Trillion Energy
Fossil Energy

Canadian player takes steps to gain more insight into Black Sea project’s gas potential

Canada’s oil and gas player Trillion Energy has kicked off its 3D seismic reprocessing project for a natural gas field in the Black Sea offshore Türkiye

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
Fossil Energy

Controversial Bay du Nord oil project saga continues with court challenge

Equinor has a court fight on its hands this week regarding the development of its controversial Bay du Nord offshore oil project located in Canada.

about 3 years ago
U.S. offshore rig count slips down few more notches
Fossil Energy

U.S. offshore rig count slips down few more notches

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the U.S. took a tumble last week and fell by 3 more units.

about 3 years ago
Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023
Fossil Energy

Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023

Houston-based oil and gas company Murphy Oil is working on progressing its 2023 drilling campaign in the Gulf of Mexico.

about 3 years ago
Guyana & Bakken getting lion’s share of Hess’ budget boost once again
Fossil Energy

Guyana & Bakken getting lion’s share of Hess’ budget boost once again

Hess Corporation has unveiled its Exploration & Production capital and exploratory budget for 2023, which will amount to $3.7 billion.

about 3 years ago
U.S. offshore rig count takes a downward plunge
Fossil Energy

U.S. offshore rig count takes a downward plunge

Baker Hughes’ weekly rig count report says that the number of offshore rigs in the U.S. took a nosedive last week and fell by 3 units.

about 3 years ago
U.S. sees an upturn in offshore rig count activity
Fossil Energy

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, based on Baker Hughes’ weekly rig count report.

about 3 years ago
Following lifetime extension, Canadian field gets oil resources upgrade
Fossil Energy

Following lifetime extension, Canadian field gets oil resources upgrade

Following the decision to extend the lifetime of the field, Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has updated the most likely recoverable oil, contingent gas and natural gas liquid (NGL) resources estimate for the White Rose Field. Canada’s Cenovus Energy, the company b

about 3 years ago
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