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Fossil Energy

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Oil & GasBusiness Developments & ProjectsProject & TendersBusiness & FinanceLiquefied Natural GasLow-Carbon TransitionExploration & ProductionTransitionRigsFPSO & VesselsSubseaSurveys & InterventionsVessels & VehiclesInfrastructureInnovationOutlook & StrategyTechnologyVesselsOperations & MaintenanceCollaborationAuthorities & GovernmentRegulation & Policy
FPS Shenandoah; Source: Navitas Petroleum
Fossil Energy

Danos wins work on US Gulf deepwater project targeting first oil later this summer

Danos Operations Services, a subsidiary of U.S.-based energy services provider Danos, has won a contract with Texas-based exploration and production player Beacon Offshore Energy to provide production services for a floating production system (FPS) facility situated in the deepwater Gulf of America.

about 1 year ago
Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Viaro Energy broadens its UK oil & gas horizons in North Sea with Deltic buy

London-based independent upstream player Viaro Energy is expanding its oil and gas portfolio in the UK sector of the North Sea through the acquisition of Deltic Energy, an AIM-listed natural resources investing company.

about 1 year ago
An offshore rig
Fossil Energy

UK firm secures more funding for Cameroon drilling program

The AIM-listed oil and gas company Tower Resources has expanded its bridge loan with Gibraltar-registered private investment company Prime Resources.

about 1 year ago
Louisiana LNG
Fossil Energy

Job for $17.5 billion LNG project in Louisiana lands on US dredging giant’s table

Houston-based dredging services provider Great Lakes Dredge & Dock Corporation (GLDC) has won a dredging assignment on a liquefied natural gas (LNG) development in Calcasieu Parish, Louisiana, which is operated by Australia’s Woodside Energy.

about 1 year ago
LNG Canada
Fossil Energy

Canada’s huge Shell-led export project achieves its first LNG cargo

With the first liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has tucked a new milestone under its belt at its giant LNG export terminal in Kitimat, Canada’s British Columbia.

about 1 year ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Fossil Energy

Giant North Sea oil field’s $1.3 billion third chapter is a go

Equinor has taken a final investment decision (FID) for the third phase of an offshore project in the North Sea, which is considered the third-largest oil field on the Norwegian Continental Shelf (NCS).

about 1 year ago
High Island V jack-up rig; Source: Shelf Drilling
Fossil Energy

Shelf Drilling rig staying five more years with Aramco

Shelf Drilling (SHLF) has landed a multi-year assignment for one of its jack-up rigs in the Middle East, where it will continue its drilling work with Aramco.

about 1 year ago
A stage for a FPSO sailaway ceremony
Fossil Energy

Seventh FPSO prepares to join Petrobras’ Santos Basin field

A sailaway ceremony has been held to mark the departure of a floating production storage and offloading (FPSO) unit from Seatrium’s yard in Singapore to a field offshore Brazil operated by the country’s state-owned energy major Petrobras.

about 1 year ago
Fugro performs 'industry-first' remote survey for offshore trunkline using an USV
Fossil Energy

Fugro performs ‘industry-first’ remote survey for offshore trunkline using an USV

Fugro has made what it says is an industry-first for pipelay support services, performing a remote survey for a 433-kilometer trunkline offshore Western Australia using its Blue Essence uncrewed surface vessel (USV). Fugro conducted a series of survey campaigns said to have played a critical role in

about 1 year ago
Skandi Achiever; Source: DOF
Fossil Energy

Two more multimillion-dollar vessel gigs land on DOF’s task list in Brazilian waters

DOF Group has won another set of long-term assignments off the coast of Brazil for one of its anchor handling tug supply (AHTS) vessels and a remotely operated vehicle (ROV) support vessel (RSV), with the country’s state-owned energy giant Petrobras.

about 1 year ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Fossil Energy

Restart of North Sea FPSO underway

With repairs out of the way, the UK-based upstream oil and gas player Serica Energy has revealed the progress made in resuming production from its assets in the North Sea, as wheels are in motion to bring a floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS)

about 1 year ago
Transocean Enabler rig at sea
Fossil Energy

Fresh Barents Sea oil find offers tie-in opportunity for Equinor

Norwegian state-owned energy giant Equinor has made an oil discovery in the proximity of a field it operates in the Barents Sea using a rig owned by Switzerland-based offshore drilling contractor Transocean.

about 1 year ago
Petrobras and Fugro deepen decades-long alliance with $340M in four multi-year contracts
Fossil Energy

Petrobras and Fugro deepen decades-long alliance with four contracts worth $340M

Brazilian oil & gas giant Petrobras and Dutch geo-data specialist Fugro have expanded their decades-long partnership with four multi-year contracts that together have an approximate value of $340 million. Following a tender procedure, Fugro has been awarded four multi-year, day-rate contracts for th

about 1 year ago
Brage platform; Source: OKEA
Fossil Energy

New wildcat on North Sea asset’s drilling agenda next month

OKEA has secured a drilling permit for an exploration well in the North Sea off the Norwegian coast, which is scheduled to be drilled in July 2025.

about 1 year ago
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