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Fossil Energy

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Transocean Enabler rig at sea
Fossil Energy

Transocean rig duo staying longer on drilling gigs in Norwegian waters

Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway.

about 8 months ago
A North Sea platform
Fossil Energy

Europe’s gas goes green: North Sea offshore wind-powered project earns top methane rating

Marking a new era for low-methane gas in Europe, a Dutch-German gas development, which runs on offshore wind energy, has become the first natural gas production project in the North Sea to be independently certified as meeting the highest grade under MiQ’s methane emissions standard.

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about 8 months ago
Illustration; Source: Vår Energi
Fossil Energy

New partner joins North Sea gas discovery ahead of appraisal ops

Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has set the wheels in motion to come aboard a gas discovery in the Norwegian sector of the North Sea by buying a stake held by Norway’s oil and gas player Vår Energi.

about 8 months ago
Aquaterra Energy chosen for multi-well intervention and abandonment in Spain
Fossil Energy

Aquaterra Energy chosen for multi-well intervention and abandonment in Spain

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a contract with an undisclosed client for well intervention and abandonment services offshore Spain. Aquaterra Energy said that the contract, worth seven figures and encompassing multiple years, will see

about 8 months ago
AH Skandi Skansen; Source: DOF Group
Fossil Energy

More work in North Sea and Australia for DOF vessel duo

Norwegian vessel owner DOF Group has secured a new deal in the North Sea for an anchor handling (AH) vessel and prolonged an existing assignment for a platform supply vessel (PSV) off the coast of Australia.

about 8 months ago
Chevron selects Subsea7 for Mediterranean offshore work planned in 2028
Fossil Energy

Chevron selects Subsea7 for Mediterranean offshore work planned in 2028

U.S. oil & gas company Chevron has awarded Subsea7 with yet another contract, this time for subsea installation activities in the Mediterranean Sea. Subsea7 reported on February 9 that it had been tasked with the transport and installation of approximately 17 kilometers of subsea flowlines and umbil

about 8 months ago
Transocean Barents semi-submersible rig; Source: Transocean
Fossil Energy

Transocean’s play for Valaris forging $17 billion offshore drilling giant with 73 rigs

Transocean has made a multibillion-dollar merger move on Valaris to breathe life into a combined company with a diversified offshore fleet of 73 rigs, including 33 ultra-deepwater drillships, nine semi-submersibles, and 31 modern jack-ups, to meet emerging growth opportunities.

about 8 months ago
Clair Ridge platform; Source: BP
Fossil Energy

Major oil & gas operators facing 48-hour strike across multiple UK offshore assets

With more than 400 offshore members employed by Bilfinger UK poised to embark on industrial action due to a dispute over pensions, operators including BP, CNR, Ineos, Ithaca, and TAQA will experience a two-day stoppage at dozens of offshore installations on the UK Continental Shelf (UKCS) next week.

about 8 months ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Fossil Energy

ADNOC and RWE diving into new LNG opportunities as multiple deals boost Germany – UAE energy cooperation

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has joined forces with RWE Supply & Trading (RWE) to look into new opportunities for liquefied natural gas (LNG) supply to Germany and European markets, building on the Middle Eastern player’s existing LNG s

about 8 months ago
Saipem’s underwater drone wraps up another autonomous mission
Fossil Energy

Saipem’s underwater drone wraps up another autonomous mission

Saipem’s first resident underwater intervention drone (UID) has performed another autonomous mission as part of a ten-year contract signed in 2019 with Equinor, said to be the first global service agreement for underwater drones in the offshore energy sector. Hydrone-R performed the autonomous surve

about 8 months ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Fossil Energy

Chevron and TPAO set their cap on oil & gas exploration in Black Sea

U.S.-headquartered energy giant Chevron has sealed a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to embark on oil and natural gas exploration and production in the Black Sea.

about 8 months ago
SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea
Fossil Energy

SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea

IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has secured a front-end engineering design (FEED) contract with Carbon Collectors for the development of an offshore CO2 transport and injection solution in the Southern North Sea. The nine‑month FEED will define the desig

about 8 months ago
North Sea gas wells ready for CO2 storage as part of Dutch Porthos project
Fossil Energy

North Sea gas wells ready for CO2 storage as part of Dutch Porthos project

Four North Sea gas production wells have officially been converted to CO2 injection wells as part of the Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) project in the Netherlands, marking their readiness for CO2 injection, expected in autumn. This first large-scale CO2 transport

about 8 months ago
Stena Evolution drillship; Source: Stena Drilling
Fossil Energy

Stena Drilling ups GHG abatement ante as 2024-built drillship gets DNV’s notation

Scotland-headquartered offshore drilling contractor Stena Drilling has received DNV’s Abate (P+) notation for one of its drillships, underscoring the rig owner’s efforts to cut greenhouse gas (GHG) emissions across its operations.

about 8 months ago