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Fossil Energy

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Island Innovator rig; Source: Hidramar Shipyards
Fossil Energy

WATCH: Short pit stop for Island Drilling rig at shipyard ahead of work in Africa

Island Drilling Company has made a quick pit stop at a shipyard to prepare its semi-submersible rig for its upcoming assignment with Trident Energy offshore Equatorial Guinea.

about 3 years ago
Noble-owned Khamsin drillship (for illustration purposes); Source: Equinor
Fossil Energy

International offshore rig count takes a downturn

Baker Hughes’ international rig count report shows a sharp drop in the number of offshore rigs in September 2023.

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  • 2045
about 3 years ago
Plexus completes P&A gig for Oceaneering
Fossil Energy

Plexus completes P&A gig for Oceaneering

England’s oil and gas engineering services firm Plexus Holdings has completed its work for the plug and abandonment (P&A) equipment and services campaign for Oceaneering. The P&A order from Oceaneering included tieback and subsea well control equipment together with hydraulic controls and services i

about 3 years ago
Brage platform; Courtesy of Wintershall Dea/Morten Berentsen
Fossil Energy

Vår Energi offloads stake in North Sea field

Vår Energi has inked a deal with Petrolia NOCO (Petrolia) to dispose of its entire interest in a field located in the Norwegian North Sea.

about 3 years ago
Lease agreement in for North Sea carbon capture and storage project
Fossil Energy

Lease agreement in for North Sea carbon capture and storage project

The UK’s Crown Estate has awarded an agreement for lease for what could become one of the world’s largest carbon capture and storage (CCS) projects. The agreement for lease will allow BP, as the lead operator, to further progress the planned Endurance CCS project, a reservoir in the North Sea that w

about 3 years ago
Mermaid Maritime secures $485 million in multiple new contracts
Fossil Energy

Mermaid Maritime secures $485 million in multiple new contracts

Thailand-headquartered subsea services provider Mermaid Maritime has secured multiple new contracts with a combined value of approximately $485 million. Mermaid Maritime reported that its subsidiaries had secured multiple new offshore project awards in Thailand, the Middle East, Western Sub Sahara,

about 3 years ago
Tommeliten A; Source: ConocoPhillips
Fossil Energy

All-systems-go for ConocoPhillips to bring online cross-border North Sea project

Norwegian authorities have given their blessing for the start-up of the ConocoPhillips-operated cross-border field in the North Sea.

about 3 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Fossil Energy

Aker BP all-set to put Odfjell Drilling rig to work on two North Sea fields

Aker BP has received consent to use one of Odfjell Drilling’s rigs for production drilling on two fields located in the North Sea off Norway.

about 3 years ago
Green Ships AS
Fossil Energy

Green Ships, Bourbon Horizon to build zero-emissions ePSVs featuring Amogy’s ammonia-to-power tech

Green Ships AS, a consultancy company specialized in the designing and building of ‘green’ vessels, and Bourbon Horizon AS, an international offshore shipping company, have signed a Memorandum of Understanding (MoU) with Amogy, the provider of ammonia-to-power technology, for the supply of its techn

about 3 years ago
Adriatic LNG starts 2021 Open Season
Fossil Energy

Report: ExxonMobil selling majority stake in Italy LNG terminal to BlackRock

U.S. energy major ExxonMobil has chosen compatriot investment company BlackRock as the potential buyer for its majority stake in Italy’s Adriatic liquefied natural gas (LNG) import terminal, according to Reuters. Reportedly, the stake sale drew interest from infrastructure funds and international gr

about 3 years ago
Ocean Patriot rig; Credit: Diamond Offshore
Fossil Energy

Diamond Offshore rig embarks on its first North Sea gig with Repsol

Diamond Offshore’s semi-submersible rig has started its first assignment with Repsol in the UK sector of the North Sea.

about 3 years ago
Trafigura inks $400 million credit facilities to buy US LNG for European customers
Fossil Energy

Trafigura inks $400 million credit facilities to buy US LNG for European customers

Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export-Import Bank of the United States (US EXIM), to supply European customers with LNG. The company said the facilities will exclusively be used

about 3 years ago
Claymore; Credit: Repsol Sinopec
Fossil Energy

Multi-year extension of Repsol Sinopec deal prolongs Petrofac’s spell of success in North Sea

Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations.

about 3 years ago
CSV Normand Jarstein; Source: Solstad Offshore
Fossil Energy

Solstad tucks in extension trifecta with Equinor, Subsea 7, and DeepOcean

Solstad Offshore has secured contract extensions with Equinor, Subsea 7, and DeepOcean for one of its AHTS vessels and two CSVs.

about 3 years ago