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Fossil Energy

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EthosEnergy teammates working on a gas turbine; Courtesy of EthosEnergy
Fossil Energy

North Sea operator hands out five-year gig for three UK assets to EthosEnergy

Harbour Energy has inked a five-year master service agreement, covering three production assets in the UK North Sea, to EthosEnergy.

about 2 years ago
Mariner platform; Credit: Jamie Baikie/Equinor
Fossil Energy

Equinor pens deal to enhance working conditions for North Sea workers

Unite the union has inked a recognition deal with Equinor for multiple workers, who are employed on the operator’s offshore facilities in the North Sea.

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about 2 years ago
TGE completes mechanical work on China’s Huizhou LNG terminal
Fossil Energy

TGE completes mechanical work on China’s Huizhou LNG terminal

TGE Gas Engineering, an engineering, procurement and construction (EPC) contractor for the storage and handling of liquefied gases, has reached the mechanical completion of the Huizhou LNG receiving terminal EPC project. The milestone was achieved 20 days earlier than contractually initiated, TGE sa

about 2 years ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies achieves ‘robust’ multi-billion profit while balancing energy transition scales

TotalEnergies has managed to tuck strong financial and operating results for the fourth quarter and full year 2023 under its belt.

about 2 years ago
UK's Grain LNG posts utilization records
Fossil Energy

Centrica concludes LNG supply deal with Repsol

UK’s Centrica Energy and Spain’s Repsol have signed an LNG supply deal that will see Centrica purchase 1 million tons of LNG shipments between 2025 and 2027. According to Centrica, all of the cargos are expected to be delivered to the Grain LNG import terminal, which is expected to soon have enough

about 2 years ago
Sweden closes investigation on Nord Stream pipeline incident
Fossil Energy

Sweden closes investigation on Nord Stream pipeline incident

Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Dana Petroleum entering Shell’s North Sea license ahead of drilling ops

Deltic Energy is in the process of divesting a partial stake in a Shell-operated license to Dana Petroleum.

about 2 years ago
Shearwater platform in the North Sea; Source: Shell
Fossil Energy

Norwegian firm broadens its North Sea horizons with stake in Shell’s UK gas field

DNO has put the wheels into motion to expand its North Sea portfolio by acquiring an interest in a Shell-operated gas field.

about 2 years ago
Oceaneering reels in $200 million in new contracts
Fossil Energy

Oceaneering reels in $200 million in new contracts

Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr

about 2 years ago
Argos platform in the Gulf of Mexico; Source: BP
Fossil Energy

BP’s profit cut in half but $13.8 billion still cinched in 2023

Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

about 2 years ago
Morten Haug Emilsen, Manager for Well Control at AGR.
Fossil Energy

Vår Energi awards Norwegian firm with long-term well control contract

Norwegian energy services company AGR has secured a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf (NCS). Under the framework agreement, AGR is set to provide services within blowout conti

about 2 years ago
Höegh LNG settles disputes with charterer of PGN FSRU Lampung
Fossil Energy

Höegh LNG settles disputes with charterer of PGN FSRU Lampung

Bermuda-based owner and operator of LNG carriers and FSRUs Höegh LNG has provided an update stating that the previously disclosed disputes and pending arbitrations with the charterer of PGN FSRU Lambung, which is serving Pertamina’s Perusahaan Gas Negara (PGN) off Indonesia, have been settled. In a

about 2 years ago
Shearwater GeoServices goes to India
Fossil Energy

Shearwater GeoServices goes to India

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel

about 2 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Fossil Energy

International offshore rig count activity gets a boost in January

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

about 2 years ago