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Fossil Energy

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Namibia's Orange basin; Source Impact Oil & Gas
Fossil Energy

Canadian firm makes a play for larger stake in Namibia’s offshore oil discovery and exploration opportunities

Africa Oil Corp. has set the wheels in motion to expand its ownership interest in Impact Oil and Gas, which has hydrocarbon, exploration, and appraisal assets in the Orange Basin off the coast of Namibia.

about 2 years ago
Siem Helix 1; Source: Sea1 Offshore, former Siem Offshore
Fossil Energy

Helix bags $786 million for multi-year well intervention ops with two vessels offshore Brazil

Helix Energy Solutions has picked up multimillion-dollar long-term assignments off the coast of Brazil for two vessels, which will carry out well intervention work for the country’s energy giant, Petrobras.

about 2 years ago
Texas-headquartered energy giant ConocoPhillips has handed out a global contract to Aberdeen-based technology company, Raptor Data, to manufacture and use/utilize/employ a fleet of tools, which will i
Fossil Energy

ConocoPhillips hands out plug and abandonment work to Aberdeen-based firm

Texas-headquartered energy giant ConocoPhillips has handed out a global contract to Aberdeen-based technology company, Raptor Data, to manufacture and utilize a fleet of tools, which will initially be deployed in Norway. Pathfinder, described as the first plug-and-play in-well verification system, i

about 2 years ago
A large offshore vessel with a smaller one by its side
Fossil Energy

Dutch firm picks up work on Eni’s LNG project offshore Congo

Dutch operator Kotug International has secured a contract with the subsidiary of Italy’s energy giant Eni to deliver marine services said to be critical for a liquefied natural gas (LNG) project in Congolese waters.

about 2 years ago
FPSO Johan Castberg en route to the Barents Sea passing by the Langenuen strait South of Bergen, Norway; Credit: Øyvind Gravås & Eirin Lillebø/Equinor
Fossil Energy

As oil & gas still runs Norway’s energy show, Equinor unveils up to $66 billion boost for hydrocarbons by 2035 alongside Barents Sea’s new area-wide emergency preparedness plan

Equinor has set its cap on bolstering its hydrocarbon arsenal by injecting tens of billions of dollars over the next decade into the oil and gas developments on the Norwegian Continental Shelf (NCS).

about 2 years ago
Two men sitting behind a desk exchanging documents
Fossil Energy

Duo going on low-carbon mission to enhance Southeast Asia’s energy resilience

The Asia Natural Gas and Energy Association (ANGEA) and the ASEAN Centre for Energy (ACE) have inked a memorandum of understanding (MOU) to expedite energy transition and strengthen the security of power supply in Southeast Asia.

about 2 years ago
TSP fields; Source: Repsol
Fossil Energy

Hydrocarbons flow into newly installed 37-kilometer pipeline off Trinidad’s southeast coast

Perenco has started introducing hydrocarbons into its new underwater pipeline, which was recently installed to start a new chapter at its fields off the southeast coast of Trinidad and Tobago, as part of efforts to revamp the facilities on these fields.

about 2 years ago
Illustration; Source: The Danish Energy Agency
Fossil Energy

Green light for Wintershall Dea to pass on its oil & gas and CO2 assets in Denmark to Harbor Energy

The Danish Energy Agency (DEA), responsible for tasks linked to energy production, supply, and consumption, alongside Denmark’s efforts to cut its carbon footprint, has given its blessing for four permits to change hands, leaving the portfolio of Germany’s Wintershall Dea to become part of hydrocarb

about 2 years ago
Ocean Energy Support Vessel (OESV) design; Credit: Salt Ship Design
Fossil Energy

Spanish shipyard tasked with bringing ocean energy support vessel to life

Norway’s Østensjø Rederi has entrusted the construction of its new ocean energy support vessel (OESV) to Astilleros Gondon, a Spanish shipyard.

about 2 years ago
Front view of a vessel sailing
Fossil Energy

Norwegian operator’s vessel remains busy until end of 2024

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured a new contract for one of its large platform supply vessels (PSVs).

about 2 years ago
Normand Vision is said to be the type of vessel that will be used during the project; Source: Ocean Installer
Fossil Energy

North Sea subsea tie-back job enables Ocean Installer to handle ‘key component’ for FPSO’s life extension

Ocean Installer, part of the Moreld Group, has been hired to handle a subsea tie-back project to an existing floating production, storage, and offloading (FPSO) vessel operating in the North Sea, as part of a new frame agreement for offshore construction.

about 2 years ago
Finnish tech giant to supply equipment for ‘world’s first ammonia-fueled PSV retrofit project’
Fossil Energy

Finnish tech giant to supply equipment for ‘world’s first ammonia-fueled PSV retrofit project’

Norwegian shipowner Eidesvik has partnered with Finnish technology group Wärtsilä on the ‘world’s first ammonia-fuel retrofit project’ for an offshore platform supply vessel (PSV).

about 2 years ago
A large vessel at sea
Fossil Energy

‘Challenging’ period for LNG fleet ahead unless freight efficiency increases, Norwegian firm’s analysis shows

Awilco LNG, a Norwegian-based fully integrated pure-play liquefied natural gas (LNG) transportation provider, has highlighted in its analysis of the LNG market trends in the first half of 2024 and predictions for the upcoming period that the market activity is picking up the pace even though the cha

about 2 years ago
NAGA 2 jack-up rig; Source: Velesto
Fossil Energy

Southeast Asia calling jack-up duo: One Velesto rig ready to make a beeline for Sarawak, as other lands drilling work in Vietnam

While Velesto, which is set on actively pursuing new assignments in Southeast Asia for its jack-up fleet, is due to send one of its rigs to Sarawak soon for a previously secured drilling campaign, another of its jack-ups has got a hold of a job off the coast of Vietnam.

about 2 years ago
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