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Fossil Energy

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Rendering of a future LNG terminal
Fossil Energy

Argent LNG and BOTAŞ shake on US LNG deal to enrich Türkiye’s energy arsenal

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed on the dotted line with Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ), the state-owned natural gas company of the Republic of Türkiye, to supply LNG to Türkiye.

about 5 months ago
N05-A platform in the North Sea; Source: One-Dyas
Fossil Energy

More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda

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The Netherlands-based exploration and production player ONE-Dyas and Italy’s energy giant Eni are expected to undertake more offshore drilling activities in the Dutch sector of the North Sea before the year ends.

about 5 months ago
Eidesvik’s PSV begins journey to ammonia-powered operations
Fossil Energy

Eidesvik’s PSV begins journey to ammonia-powered operations

Eidesvik Offshore’s platform supply vessel (PSV) Viking Energy has entered the dock at Halsnøy Dokk to start conversion to ammonia-powered operations. The conversion is planned to be completed in autumn, when the 95-meter-long vessel will continue operating for Equinor, with whom it has been on cont

about 5 months ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Fossil Energy

ADES’ 2014-built rig turns one-year North Sea gig into three-year drilling job

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured a long-term extension for a drilling assignment its 12-year-old jack-up rig is undertaking in the Dutch sector of the North Sea.

about 5 months ago
Safe Caledonia; Credit: Prosafe
Fossil Energy

Prosafe firms up North Sea vessel gig with UK oil & gas operator

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has signed on the dotted line with North Sea-focused Ithaca Energy to deploy one of its flotels on an assignment on the UK Continental Shelf (UKCS).

about 5 months ago
Illustration; Source: Eco Atlantic
Fossil Energy

Eco’s takeover of JHI close to crossing the finish line

Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, is closing in on the completion of its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI).

about 5 months ago
Deepsea Yantai; Source: Odfjell Drilling
Fossil Energy

DNO in the clear for drilling ops with Odfjell Drilling-managed rig

Norway’s oil and gas player DNO has received the go-ahead from the country’s authorities for drilling activities in the Norwegian Sea with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 5 months ago
Transocean Encourage rig; Source: Transocean
Fossil Energy

Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig

Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 5 months ago
BP and SOCAR boost energy collaboration with new MOU; Source: Meg O'Neill via LinkedIn
Fossil Energy

BP and SOCAR fortify energy ties

UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds.

about 5 months ago
FPSO Johan Castberg; Source: Equinor
Fossil Energy

Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad

about 5 months ago
Shell
Fossil Energy

Shell entrusted with LNG cargo for Bulgargaz

UK-headquartered energy giant Shell has been chosen to deliver one cargo of liquefied natural gas (LNG) to Türkiye for the needs of Bulgargaz EAD, which is Bulgaria’s public supplier of natural gas and a subsidiary of Bulgarian Energy Holding EAD.

about 5 months ago
Ørsted looking to award six-year frame agreement for inspection services
Fossil Energy

Ørsted looking to award six-year frame agreement for inspection services

Danish energy company Ørsted has issued a tender looking to award a six-year frame agreement for pipeline inspection services to be performed in the Danish part of the North Sea. Ørsted is planning for a new frame agreement with bi-annual remotely operated vehicle (ROV) inspection with planned call-

about 5 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Fossil Energy

Project set on becoming Britain’s largest energy storage hub eyes Port of Barrow as onshore base

England-based energy transition-focused player EnergyPathways has joined forces with Associated British Ports (ABP), the UK’s largest ports group, to jointly evaluate the Port of Barrow on the southwest coast of Cumbria as the onshore facilities site for its large-scale energy storage project in the

about 5 months ago
Licence 1/11 (Barryroe field); Source: Lansdowne
Fossil Energy

Ireland hit with multimillion-dollar arbitration claim over oil & gas project

Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Ex

about 5 months ago