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Fossil Energy

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Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in
Fossil Energy

Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in

A subsea vessel owned by Norwegian shipping company Solstad Offshore has secured another contract with Subsea7, extending its work for the company for another two years, potentially longer. Normand Subsea, a versatile inspection, maintenance, and repair (IMR) vessel, has been on contract with Subsea

about 1 year ago
An offshore platform at sunset
Fossil Energy

Rex confirms resource estimate for oilfield redevelopment offshore Benin

Singapore’s Rex International Holding Limited has disclosed the updated results of an independent qualified person’s report (QPR) for its oilfield off the coast of Benin.

about 1 year ago
Illustration; Source: KOIL Energy
Fossil Energy

US subsea firm’s ‘cornerstone product’ going to Gulf of America’s oil & gas operator

KOIL Energy Solutions, formerly Deep Down, has received an order for its subsea distribution equipment, which will be deployed at an oil and gas project in the Gulf of America, formerly known as the U.S. Gulf of Mexico.

about 1 year ago
A jackup barge
Fossil Energy

One new gig and two extensions keeping GMS vessels busy in Middle East

Gulf Marine Services (GMS), a UAE-headquartered provider of self-propelled and self-elevating support vessels for the offshore energy sector, has picked up a new contract for a vessel from its fleet in the Middle East.

about 1 year ago
Saipem's Scarabeo 8 semi-submersible rig; Source: Var Energi
Fossil Energy

Saipem rig cleared to spin the drill bit in Norwegian waters

Aker BP has secured a drilling permit for an exploration well in the Norwegian Sea off the coast of Norway, which is slated to be drilled this month using a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
A floating production storage and offloading (FPSO) unit
Fossil Energy

Eni looking to rebalance portfolio by divesting stakes in West African assets to Vitol for $1.65B

Italy’s energy giant Eni has reached an agreement with energy and commodities company Vitol to sell a portion of interests in certain assets it owns in Cote d’Ivoire and the Republic of Congo.

about 1 year ago
FPSO Triton; Source: Dana Petroleum
Fossil Energy

Restart hold-up ratchets up UK oil & gas firm’s ‘frustrations’ with North Sea FPSO’s performance

Serica Energy has disclosed a delay in resuming production from its assets in the North Sea, as more time is needed to fix the issue hampering a floating production, storage, and offloading (FPSO) vessel’s performance on the UK Continental Shelf (UKCS).

about 1 year ago
Akçakoca platform; Source: Trillion Energy
Fossil Energy

Wheels up to up hydrocarbon production ante at giant gas field offshore Türkiye

Trillion Energy is working on implementing solutions to bolster and maintain natural gas production in the long run at its giant field offshore Türkiye, with a gas lift compressor system.

about 1 year ago
Offshore platform and vessel
Fossil Energy

Ukraine stocking up on US LNG thanks to deal with Orlen

Poland’s Orlen Group has signed a liquefied natural gas (LNG) supply contract with Ukraine’s state-owned energy company Naftogaz.

about 1 year ago
FPSO BW Pioneer; Source: BW Offshore
Fossil Energy

More time for FPSO sale to go through as Murphy Oil prolongs BW Offshore’s US gig

Murphy Oil Corporation has lengthened the current deal for a floating production, storage, and offloading (FPSO) working at its asset in the Gulf of America, formerly the U.S. Gulf of Mexico.

about 1 year ago
Crowley's American Energy, said to be the first U.S. LNG carrier to supply Puerto Rico with U.S.-sourced energy; Source: Crowley
Fossil Energy

American Energy ready to fortify Puerto Rico’s security of supply with LNG cargos

Crowley has joined forces with Naturgy, enabling it to send what it describes as the first U.S. LNG carrier (LNGC) to Puerto Rico, bolstering the North American country’s energy security amid growing power demand.

about 1 year ago
A floating storage regasification unit
Fossil Energy

Italian FSRU gets new 20-year lease on life

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has secured a 20-year extension for its floating storage and regasification unit (FSRU) moored off the coast of Livorno.

about 1 year ago
FSO Palanca; Source: Stapem Offshore
Fossil Energy

Duo in talks to boost stake in two blocks offshore Angola

Afentra has acknowledged the growing media speculating over its alleged attempt to up its stake in two Angolan offshore blocks by confirming its participation in discussions, together with one of its joint venture (JV) partners, to buy the stake of another JV partner.

about 1 year ago
An offshore platform at sunset
Fossil Energy

‘Material’ portfolio expansion on Seascape’s 2025 agenda after Malaysian block farmout

Seascape Energy, an E&P company focused on Southeast Asia, has completed the sale of its participating interest in a production sharing contract (PSC) offshore Malaysia to Japan’s Inpex Corporation.

about 1 year ago
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