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Fossil Energy

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Deep Value Driller drillship; Source: Deep Value Driller

Fossil Energy

Saipem to buy seventh-gen Deep Value Driller drillship for $272.5 million

Norwegian drillship-owning company Deep Value Driller has entered into an agreement with Italy’s engineering, drilling, and construction services giant Saipem for the sale of its seventh-generation drillship for a total purchase price of $272.5 million. In the announcement of the amended bareboat ch

about 8 months ago

Fossil Energy

TotalEnergies books Havila’s platform supply vessel

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Norwegian offshore vessel operator Havila Shipping has signed a contract with TotalEnergies for the 2009-built platform supply vessel (PSV) Havila Herøy to be deployed in Norway. Under the contract signed with TotalEnergies EP Norge AS, the PSV Havila Herøy will perform operations for 136 days, with

about 8 months ago

Man with a hardhat with words "Chevron" on it with an offshore rig in the background

Fossil Energy

Chevron, Helleniq Energy win leases to explore four blocks offshore Greece

U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% i

about 8 months ago

Fossil Energy

NextGeo vessel en route to Middle East to support Saipem

Next Geosolutions’ recently purchased offshore subsea construction vessel (OSCV) is currently en route from Italy to the Middle East to commence operations for Saipem. Last month, Next Geosolutions (NextGeo) reported that it had acquired the OSCV Siem Day from Norway’s Siem Day II for a purchase pri

about 8 months ago

Fossil Energy

Equinor, Petoro and OMV get lucky in waters off Bergen

Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connect

about 8 months ago

Fossil Energy

Aker Solutions lands major five-year contract for key Aker BP assets off Norway

Aker Solutions has secured a five-year contract with Aker BP for maintenance, modification and operation services (MMO) across all of its key assets on the Norwegian Continental Shelf (NCS). The work will be executed within the next-generation MMO alliance covering Valhall, Fenris, Ula, EIGA (Edvard

about 8 months ago

Illustration; Source: Türkiye Petrolleri A.O. (TPAO)

Fossil Energy

BP and TPAO seal oil & gas cooperation pact

UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.

about 8 months ago

Fossil Energy

Another ‘major’ North Sea decom job comes AF Offshore’s way

AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer.

about 8 months ago

Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor

Fossil Energy

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

about 8 months ago

Fossil Energy

Hunting strengthens its subsea arsenal with new acquisition

London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineer

about 8 months ago

Rendering of Argentina LNG project; Source: YPF

Fossil Energy

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande

about 8 months ago

Ammonia FPSO concept; Source: BW Offshore

Fossil Energy

WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model

McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon fuel and brought

about 8 months ago

Fossil Energy

Survey underway at Italy’s first CCS project

An offshore geophysical monitoring survey has commenced at the first carbon capture and storage (CCS) project in Italy, which will use depleted natural gas fields in the Adriatic Sea for the storage of CO2 from industrial districts. Bologna-based offshore survey and geoscience company Lighthouse Geo

about 8 months ago

Ringhorne; Credit: Øyvind Sætre/Vår Energi

Fossil Energy

North Sea hydrocarbon drilling ops hit a dead end

Norway’s oil and gas player Vår Energi and its partner, Kistos Energy, have drilled an exploration well in the Norwegian sector of the North Sea, which yielded no commercial hydrocarbons.

about 8 months ago