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Fossil Energy

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Shelf Drilling Mentor jack-up rig; Source: Shelf Drilling
Fossil Energy

Shelf Drilling jack-up duo’s new long-term gigs prompting rig moves to West Africa

UAE-headquartered offshore drilling contractor Shelf Drilling has won a new set of drilling assignments for two jack-up rigs in its fleet.

about 2 years ago
FPSOs P-84 (Atapu) and P-85 (Sépia) will each have a daily production capacity of 225 thousand barrels of oil per day and processing of 10 million cubic meters of gas per day; Source: Petrobras
Fossil Energy

US player lands work on FPSO pair destined for Petrobras’ oil field duo

KBR has been hired on engineering contracts by Singapore’s Seatrium to develop topside facilities for two floating production storage and offloading (FPSO) units that are being designed for two pre-salt ultra-deepwater fields located in the prolific Santos Basin off the coast of Brazil.

about 2 years ago
Island Innovator rig; Source: Island Drilling
Fossil Energy

Island Drilling rig begins multi-well plug and abandonment work in Africa

Island Drilling Company has made a start on its plug and abandonment (P&A) campaign off the coast of Mauritania, Africa, which is being carried out with its 2012-built semi-submersible rig.

about 2 years ago
Megalodon; Source: Pinnacle Engineering
Fossil Energy

New oil & gas discovery pops up in Gulf of Mexico while ongoing drilling ops hint another may come soon

Talos Energy has confirmed a discovery of commercial quantities of oil and natural gas at a block in the U.S. Gulf of Mexico where the firm holds a non-operated stake.

about 2 years ago
Jack/St. Malo is believed to be one of Chevron’s highest producing facilities in the U.S Gulf of Mexico; Source: Chevron
Fossil Energy

US energy giant pulls off oil & gas uplift at Gulf of Mexico deepwater duo

Chevron has taken steps to raise the oil and natural gas recovery bar at two facilities in the deepwater U.S. Gulf of Mexico in line with its plans to increase production in this region.

about 2 years ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Fossil Energy

Chevron takes another shot at making Aphrodite rise from the sea with revised $4 billion plan for offshore gas development

Chevron has handed over an updated plan for the development of an offshore gas field reservoir in Block 12 to the government of Cyprus, which is located in the Eastern Basin of the Mediterranean Sea.

about 2 years ago
Bayu-Undan; Source: Santos
Fossil Energy

Santos inks LNG supply deal and irons out details for new partner at gas field offshore Timor-Leste

Santos has signed a new mid-term LNG supply contract with Glencore and hammered out a deal for the divestment of a partial stake in an offshore gas project with TIMOR GAP.

about 2 years ago
Ocean Courage rig; Source: Diamond Offshore
Fossil Energy

Noble and Diamond Offshore tie the merger knot with time to spare harnessing favorable consolidation winds

Noble Corporation and Diamond Offshore have reached a merger process finale and set the seal on their business combination sooner than anticipated.

about 2 years ago
Dhirubhai Deepwater KG1 drillship; Source: Transocean
Fossil Energy

Transocean’s 2009-built drillship lands 300-day deal offshore India

Transocean has picked up a multimillion-dollar contract for one of its drillships off the coast of India.

about 2 years ago
Six companies in the run for three CO2 storage licenses offshore Norway
Fossil Energy

Six companies in the run for three CO2 storage licenses offshore Norway

The Norwegian Ministry of Energy has received applications from six companies for three CO2 storage areas on the Norwegian Continental Shelf (NCS) as part of the seventh call for CO2 storage in the area. Aker BP, Equinor Low Carbon Solutions, Harbour Energy Norge, Horisont Energi, Storegga Norge and

about 2 years ago
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes); Source: BP
Fossil Energy

BP disposes of mature assets in Trinidad and Tobago to chase shallow water, deepwater, and cross-border gas opportunities

BP has sealed a deal to sell a package of four mature gas assets and undeveloped resources from one field to with Perenco.

about 2 years ago
Real urgency to protect subsea infrastructure as world not looking bright, Dutch say
Fossil Energy

Real urgency to protect subsea infrastructure as world not looking bright, Dutch say

Subsea infrastructure is critical to the energy security in Europe and with the world not looking so bright there is a real urgency to get something going to protect this infrastructure, but the solution is not easy to find, panelists said at a discussion on seabed security organized by IRO, the Ass

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Fossil Energy

With clearance in hand, US player ready to push LNG export to non-FTA countries off the ground

New Fortress Energy (NFE) is all set to make a start on liquefied natural gas (LNG) export to non-free trade agreement (FTA) countries from its floating liquefied natural gas (FLNG) unit off the coast of Altamira, Mexico.

about 2 years ago
Illustration; Source: CNOOC
Fossil Energy

Chinese giant gets oil production going at offshore field

China National Offshore Oil Corporation (CNOOC) has kicked off production operations at an oilfield development project off the coast of China.

about 2 years ago
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