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Fossil Energy

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FMC
Fossil Energy

LNG bunkering in US unshackled as gov’t reverses restrictions

Liquefied natural gas (LNG) is (re)gaining regulatory support in the United States, with the country’s Department of Energy (DOE) having removed the barriers standing in the way of using LNG as a marine fuel to power ships. As informed, the Department of Energy’s oversight was withdrawn under the Na

about 1 year ago
COSL Pioneer rig; Source: COSL
Fossil Energy

Third time not the charm as another well comes up dry in same North Sea area

Norwegian oil and gas player Vår Energi has found no hydrocarbons in an exploration well located in the North Sea off the coast of Norway.

about 1 year ago
ORLEN and Equinor to jointly explore carbon capture and storage opportunities
Fossil Energy

ORLEN and Equinor to jointly explore carbon capture and storage opportunities

Polish multi-utility company ORLEN and Norwegian state-owned energy company Equinor have signed a collaboration agreement to explore opportunities for carbon capture and storage (CCS) technology in Poland. The scope of the agreement covers the transport and storage of CO2 in Poland, with the partner

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Fossil Energy

Odfjell Drilling rig finds more gas/condensate offshore Norway

Equinor has made a new hydrocarbon discovery off the coast of Norway, using a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago
FPSO John Agyekum Kufuor; Source: Yinson Production
Fossil Energy

Eni and GNPC enhance partnership to unleash Ghana’s hydrocarbon potential

Italy’s energy player Eni and the Ghana National Petroleum Corporation (GNPC) have reinforced their strategic partnership aiming to deepen collaboration and unlock new opportunities in the West African country’s oil and gas sector.

about 1 year ago
Alpha Star rig; Source: Constellation
Fossil Energy

Rig return expands Petrobras’ contracted fleet for oil & gas search

A semi-submersible rig, owned by Constellation Oil Services, has kicked off its multi-year drilling assignment off the coast of Brazil with Petrobras, the South American country’s state-owned energy giant.

about 1 year ago
Large vessel at dock
Fossil Energy

Snam closing in on LNG terminal’s startup as FSRU is moored in Ravenna

Italian energy player Snam has completed the mooring of a floating storage regasification unit (FSRU) at its liquefied natural gas (LNG) terminal off the coast of Northern Italy.

about 1 year ago
Hunter Queen rig; Source: PRIO
Fossil Energy

Hunter Queen on black gold hunt: All systems go for rig’s multi-well drilling campaign off Brazil

PRIO has received the go-ahead from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for its offshore drilling plans in the Campos Basin, Espírito Santo. A sixth-generation semi-submersible drilling rig will carry out the planned six-well drilling program off the co

about 1 year ago
Repair costs for damaged Finland-Estonia subsea link to be sought via court
Fossil Energy

Shipowner to be taken to court over damage of Finland-Estonia subsea link

Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the request to seize the ship that broke the EstLink 2 power connection in December 2024 for compensation for damages, and plan to sue the shipowner for compensation for repair costs. To remind, Fi

about 1 year ago
A jack-up rig
Fossil Energy

Paratus rig duo’s drilling contracts cut short

An unnamed client of Fontis Holdings, a wholly owned subsidiary of Bermuda-headquartered Paratus Energy Services, has opted for early termination of drilling contracts for two jack-up rigs.

about 1 year ago
DS Carolina drillship; Source: Ventura Offshore
Fossil Energy

Drillship picks up where it left off during suspension in Brazilian waters

A drillship from Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has been cleared to carry on with activities off the coast of Brazil in the wake of a suspension.

about 1 year ago
An offshore platform at sunset
Fossil Energy

Five wells down, more to go for Borr Drilling’s jack-up off Thailand

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at an oil field in the Gulf of Thailand using Borr Drilling’s jack-up rig.

about 1 year ago
FPSO Western Isles; Source: NEO Energy
Fossil Energy

UK partners on the lookout for fiscal and regulatory clarity before speeding up North Sea oil project

NEO Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are still waiting for the fiscal and regulatory uncertainty surrounding the UK’s oil and gas scene to clear up, once the government wraps up its environmental guidance revamp for oil and gas projects, to move full steam ahead wit

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

US firm taking the operator helm at African offshore block with ‘significant’ oil & gas prospectivity

Vaalco Energy has dished out millions to get its hands on the majority stake in an offshore block, believed to contain not just oil but also gas prospects off the coast of Côte D’Ivoire, Africa.

about 1 year ago
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