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Fossil Energy

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An offshore rig and two boats
Fossil Energy

One condition down, several more to go for Trinity’s acquisition by Trinidadian player

After accepting a cash offer from Trinidad-headquartered Lease Operators, UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, is moving forward with the proposed merger.

about 2 years ago
UK firm plans recruitment drive following contract with Subsea7
Fossil Energy

UK firm plans recruitment drive following contract with Subsea7

UK energy sector construction, maintenance & enhancement solutions player Global Energy Group is set to soon launch a recruitment drive to cover key fabrication operations at one of its facilities, following a new contract with Subsea7. Global Energy Group has been awarded another contract from Subs

about 2 years ago
A jack-up rig surrounded by the sea
Fossil Energy

DNO Norge cleared to drill wildcat well in North Sea off Norway

DNO Norge, a subsidiary of Norwegian oil and gas operator DNO, has been granted a drilling permit for a wellbore in the North Sea by the Norwegian Offshore Directorate.

about 2 years ago
Large vessel surrounded by two tugboats with two other large vessels docked in the background
Fossil Energy

Piecing North Sea platform’s topsides together on Aker BP’s agenda for autumn

The first steel structures for the topside that will be used to bring Aker BP’s new gas production platform bound for installation on the Norwegian Continental Shelf (NCS) to life have started their journey from Aibel’s Thailand shipyard.

about 2 years ago
Shell seeks to increase volume capacity at deepwater field thanks to water injection
Fossil Energy

Shell to increase volume capacity at deepwater field thanks to water injection

Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has taken the final investment decision (FID) on a waterflood project at its U.S. Gulf of Mexico asset, which will enable water to be injected into the reservoir formation to displace additional oil. The Vito field, discovered

about 2 years ago
Offshore rig surrounded by four tugboats
Fossil Energy

Orcadian gets hold of offshore license hat-trick by closing deals with UK regulator

UK-headquartered oil and gas player Orcadian Energy has entered into binding license agreements with the North Sea Transition Authority (NSTA) for all three licenses awarded to it by the UK regulator as part of the country’s 33rd seaward licensing round.

about 2 years ago
Gulf of Thailand field produces first oil
Fossil Energy

Gulf of Thailand development starts producing oil

Canada-based oil and gas company Valeura Energy has achieved the first oil production from a development located off the coast of Thailand, said to be a result of an efficient drilling program that was carried out below budget. The first three of the seven development wells at the Nong Yao C develop

about 2 years ago
Red, white and yellow vessel at the sea.
Fossil Energy

DOF wins new long-term contract with Petrobras

Norwegian vessel owner DOF Group has secured a new long-term contract with Brazilian oil and gas giant, Petrobras, for its pipelay support vessel (PLSV), as well as an extension of the contract for the PLSV Skandi Açu.

about 2 years ago
Hanwha Ocean pressing on with construction of LNG carriers for BW LNG
Fossil Energy

Hanwha Ocean pressing on with construction of LNG carriers for BW LNG

South Korean shipbuilder Hanwha Ocean has started the construction of another LNG carrier for Norway-based gas shipping company BW LNG.

about 2 years ago
A zoomed-in view of an offshore gas platform
Fossil Energy

Revitalization of Trillion’s Black Sea asset ‘off to a great start’ as gas production begins to stabilize

After completing Phase 1 of the workover program at a gas field offshore Türkiye, Canada’s oil and gas player Trillion Energy is gearing up for Phase 2 aiming to sustain long-term natural gas production.

about 2 years ago
Singaporean shipbuilder one year early with delivery of jack-up rig to Borr Drilling
Fossil Energy

Singaporean shipbuilder one year early with delivery of jack-up rig to Borr Drilling

Singapore’s Seatrium has delivered the fourth out of five jack-up rigs to UK-headquartered offshore drilling contractor Borr Drilling, a year ahead of the planned delivery date. Completed and delivered on an accelerated schedule, the rig named Vali is of KFELS Super B Class, capable of operating in

about 2 years ago
FPSO Maria Quitéria; Source: Yinson Production
Fossil Energy

FPSO’s miles-long journey ends in Brazilian waters as it reaches Petrobras’ giant pre-salt field

Petrobras has expanded its floating production, storage, and offloading (FPSO) fleet off the coast of Brazil with the arrival of a new unit.

about 2 years ago
Large vessel illuminated by lights
Fossil Energy

Petrobras enlarges planned spending for oil & gas exploration and production ops, causing its 2024 capex to go up

Brazil’s state-owned energy giant Petrobras has revised its capex projection for 2024 to reflect its anticipated expansion of operations in the oil and gas exploration and production (E&P) segment.

about 2 years ago
N05-A platform in the North Sea; Source: One-Dyas
Fossil Energy

North Sea platform designed to run on offshore wind gearing up for first gas by year-end (Video)

ONE-Dyas is setting the stage for the final leg of its journey toward the first natural gas production at its recently installed platform in the North Sea.

about 2 years ago
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