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Fossil Energy

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Mysterious project books Subsea7 for 2027
Fossil Energy

Mysterious project books Subsea7 for 2027

Subsea7 has secured a contract worth between $150 million and $300 million with an undisclosed client, with offshore operations to kick start in 2027. Under the contract defined as substantial, Subsea7’s scope includes the engineering and offshore installation of flexible pipe, umbilicals, subsea eq

about 1 year ago
Stena Forth drillship; Source: Stena Drilling
Fossil Energy

Shell signs off on Egypt’s Mediterranean gas project

BG International, an affiliate of UK-headquartered energy major Shell, has taken a final investment decision (FID) to develop a gas discovery in Egypt’s Mediterranean Sea.

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about 1 year ago
Illustration; Source: United Oil & Gas
Fossil Energy

United gets green light for Jamaican block surveys, citing Stabroek-scale potential

Dublin-headquartered and AIM-listed United Oil & Gas has received an environmental permit for offshore surveys at its license off the coast of Jamaica.

about 1 year ago
Saipem 10000; Source: Saipem
Fossil Energy

Energy giants sign binding merger deal, bringing Saipem7 closer to reality

Italy’s engineering, drilling, and construction services giant Saipem has signed a binding agreement on the terms and conditions of its proposed merger with global energy player Subsea7. Since the management of both companies believes the merger will create a global leader in energy services, especi

about 1 year ago
FPSO Pazflor; Source: TotalEnergies
Fossil Energy

TotalEnergies flows first oil from two energy projects offshore Angola

France-headquartered energy giant TotalEnergies has started oil production from two subsea tie-back projects to existing floating production, storage, and offloading (FPSO) vessels off the coast of Angola.

about 1 year ago
FSRU steel-cutting ceremony; Source: Gaz-System
Fossil Energy

First steel cut for Poland’s FSRU at HD Hyundai Heavy Industries shipyard

Poland’s gas transmission system operator (TSO), Gaz-System, has confirmed a steel-cutting ceremony, held in South Korea, for the country’s floating storage and regasification unit (FSRU), which will be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

about 1 year ago
Ellen and Elly offshore platforms near Long Beach, California; Credit: Bureau of Safety and Environmental Enforcement
Fossil Energy

Amplify targets August startup for new oil well offshore California

U.S.-headquartered oil and gas company Amplify Energy Corp expects its well off the coast of California to start producing next month.

about 1 year ago
POSH Courage vessel at sea
Fossil Energy

Singaporean firm’s FPSO-moving capacity grows with fleet addition

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) has added a new anchor handling towing (AHT) vessel to its fleet.

about 1 year ago
SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Fossil Energy

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago
Dr. Julian Fowles, Karoon's outgoing CEO and Managing Director; Source: Karoon Energy
Fossil Energy

Move to Americas prompts Australian oil & gas firm’s CEO hunt as current one steps down

Australia’s oil and gas company Karoon Energy is on the lookout for a new Chief Executive Officer (CEO) and Managing Director (MD), who will take over from its current CEO next year, as the firm prepares to shift its key corporate teams and roles to Brazil and the United States of America (USA).

about 1 year ago
Allseas lays 20-kilometer pipeline for EU’s first large-scale CO2 transport and storage project
Fossil Energy

Allseas lays 20-kilometer pipeline for EU’s first large-scale CO2 transport and storage project

Allseas’ Lorelay has completed offshore pipelaying for the Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) project, the first offshore carbon capture and storage (CCS) project in the Netherlands. This first large-scale CO2 transport and storage project to be realized in the EU is

about 1 year ago
Digital rendering of a CO2 export terminal
Fossil Energy

Drilling partner search begins for Pilot Energy’s Perth Basin prospect

Australia’s Pilot Energy has started a formal farmout process to find exploration joint venture partners for its license in the North Perth Basin offshore Western Australia.

about 1 year ago
ExD 1000M semi-submersible drilling platform renderings; Source: DSOC
Fossil Energy

Rig repurposing on Friede & Goldman’s task list as semi-sub seeks new lease on life

Friede & Goldman (F&G), a Houston-based engineering firm specializing in the design and development of innovative offshore solutions, has won a new engineering assignment for the conversion of a semi-submersible offshore drilling unit (MODU) into an accommodation vessel.

about 1 year ago
Platinum Explorer drillship; Source: Vantage Drilling
Fossil Energy

More time secured to iron out Vantage drillship’s new assignment

Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has struck a deal to postpone the expiration date of a conditional letter of award (CLOA) with an undisclosed client regarding a potential job for one of its ultra-deepwater drillships.

about 1 year ago