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Fossil Energy

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Amaralina Star drillship; Source: Constellation Oil Services
Fossil Energy

Petrobras books Constellation drillship for drilling ops in Brazilian waters

Constellation Oil Services has won a new multi-year assignment off the coast of Brazil for one of the drillships in its rig fleet with the state-owned energy giant Petrobras.

about 1 year ago
Seapiper; Source: Boskalis
Fossil Energy

Boskalis brings two-year job at Woodside’s huge gas project off Australia to an end

Boskalis has set the seal on its assignment at a giant $12.5 billion energy project, which is on track to achieve its first liquefied natural gas (LNG) cargo in 2026 off the coast of Western Australia.

about 1 year ago
An aerial view of a shipbuilding yard
Fossil Energy

Dyna-Mac parts ways with CEO of 4 years

The board of directors of Singapore-based offshore builder Dyna-Mac, which is now part of South Korea’s Hanwha Ocean, has decided to dismiss its chief executive officer (CEO) and executive chairman.

about 1 year ago
OEEC: CCS will employ as many people as oil & gas at its peak
Fossil Energy

OEEC: CCS will employ as many people as oil & gas at its peak

Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply

11 minutes read
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Fossil Energy

Fresh oil & gas discovery comes to light in North Sea’s ‘exploration hotspot’

Equinor has struck oil and gas once again in an area where previous commercial discoveries were made, putting tie-back to existing infrastructure on the table as a development option to combine the recent discoveries.

about 1 year ago
A rendering of multiple platform supply vessels at sea
Fossil Energy

Petrobras’ fleet modernization quest leads to deals for 12 new PSVs, with more to follow

Brazil’s state-owned energy giant Petrobras has signed contracts for the construction and chartering of 12 platform supply vessels (PSVs) and is expected to hand out a contract for six more.

about 1 year ago
Fugro on ground investigation duty for Equinor's European CO2 highway
Fossil Energy

Fugro on ground investigation duty for Equinor’s European CO2 highway

Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate

about 1 year ago
An aerial view of an LNG plant
Fossil Energy

Chevron’s gas to power Australian alumina plants until late 2030s

Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has signed a new long-term sale and purchase agreement (SPA) with aluminum producer Alcoa of Australia to supply natural gas from its Western Australian (WA) assets.

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

New shallow gas discovery prompts suspension of drilling ops

Equinor has found shallow gas during drilling activities with an Odfjell Drilling-owned semi-submersible rig at a well in the Norwegian Sea off the coast of Norway.

about 1 year ago
UK's growing underwater industry hits £9.2B, gov't urged to react to reach potential
Fossil Energy

UK’s growing underwater industry hits £9.2B, gov’t urged to react to reach potential

The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost

about 1 year ago
ECSA
Fossil Energy

EU targets 52 more vessels from Russia’s shadow fleet

The European Council has adopted the 15th sanctions package against Russia, focusing on a further crackdown on Russia’s ‘shadow’ fleet and combating sanctions’ circumvention.

about 1 year ago
Zama graphic; Credit: Wintershall Dea, now Harbour Energy
Fossil Energy

US firm offloads additional stake in big offshore oil field to Mexican conglomerate

Talos Energy has made arrangements to divest more interest in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico, to Zamajal, a subsidiary of the Mexico-headquartered Grupo Carso conglomerate.

about 1 year ago
KSB
Fossil Energy

Russian ‘shadow fleet’ tanker sinks, another runs aground in Kerch Strait

Two tankers linked to the so-called Russian ‘shadow fleet’ encountered a storm near the Kerch Strait and were heavily damaged. As a result, one of the vessels split into two and sank while the other one ran aground.

about 1 year ago
Zohr field; Source: Eni
Fossil Energy

BP and ADNOC’s XRG bring new gas player into existence

BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt.

about 1 year ago
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