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Fossil Energy

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FSO naming ceremony; Source: Yinson Production
Fossil Energy

Yinson Production’s Southeast Asia-bound FSO gets its name

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has held a naming ceremony for a floating storage and offloading (FSO) unit slated for deployment at an oil field off the coast of Vietnam, Southeast Asia.

about 3 months ago
EnerMech assists Subsea7 in decommissioning scope delivery
Fossil Energy

EnerMech assists Subsea7 in decommissioning scope delivery

Aberdeen-headquartered integrated solutions specialist EnerMech has completed a pipeline flushing and cleaning workscope for Subsea7 as part of a field decommissioning program in the Gulf of Mexico. EnerMech reported it was in charge of flushing and cleaning a long-distance deepwater oil export pipe

about 3 months ago
NAGA 8; Source: Velesto
Fossil Energy

Asian drilling campaign continues with third well after first came online, second set to follow suit

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has made inroads in its infill drilling campaign off the coast of Malaysia by putting the first well into production mode, with the second one already drilled and activities at the third now underway.

about 3 months ago
Saipem preparing for SURF campaign offshore Suriname
Fossil Energy

Saipem preparing for SURF campaign offshore Suriname

Saipem has started operations for Suriname’s first large-scale offshore oil development, operated by TotalEnergies, as part of its subsea umbilicals, risers and flowlines (SURF) contract awarded in 2024. Saipem is in charge of the engineering, procurement, supply, construction, installation, pre-com

about 3 months ago
Illustration; Courtesy of AES Panama
Fossil Energy

Arbitration tribunal set up in dispute over revoked gas-to-power and LNG terminal permits

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has confirmed the formation of an independent tribunal in an arbitration case related to the cancelation of permits for a gas-to-power development in

about 3 months ago
An offshore rig
Fossil Energy

Murphy Oil makes oil discovery offshore Côte d’Ivoire

Houston-headquartered oil & gas company Murphy Oil has made an oil discovery at the Bubale-1X exploration well in Block CI-709, located approximately 64 kilometers offshore Côte d’Ivoire. The Bubale-1X well was drilled to a total depth of 6,263 meters in 2,376 meters of water and encountered 30 mete

about 3 months ago
Petrobras orders four new tankers for $427 million
Fossil Energy

Petrobras orders four new tankers for $427 million

Brazil’s state-controlled oil company Petrobras has placed a $427 million order with the Estaleiro Rio Grande shipyard for the construction of four medium-range oil tankers that will transport oil and petroleum products along the Brazilian coast. The contract was signed through Petrobras Transporte

about 3 months ago
Illustration; Source: Saipem
Fossil Energy

Saipem wins $1 billion contract for Eni and BP’s recently sanctioned project

Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded Saipem and TechnipFMC with contracts for an ultra-deepwater development in Angola, following the announcement of the final investment decision (FID). Eni reported on June 22 that the FID had been reached for the Greater P

about 3 months ago
Another local company comes onboard Indonesian natural gas project
Fossil Energy

Another local company comes onboard Indonesian natural gas project

West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas firm Conrad Asia Energy, has awarded PT PAL Indonesia with an engineering, procurement, construction and transport contract for the conductor support frame (CSF) for its natural gas field in th

about 3 months ago
Wellesley Petroleum and partners confirm gas discovery in North Sea
Fossil Energy

Wellesley Petroleum and partners confirm gas discovery in North Sea

An appraisal well drilled by Norway’s oil & gas player Wellesley Petroleum and its partners offshore Norway has confirmed gas/condensate discovery in the North Sea. The well 35/10 16 S is the third well drilled in production license 1148, which is valid from March 11, 2022, up to the same date in 20

about 3 months ago
Shearwater Geoservices to start 2025 in Ghana
Fossil Energy

Shell-Equinor joint venture hires Shearwater for more work

Adura Operations, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has awarded Norwegian Shearwater GeoServices with more work. Shearwater has been selected to carry out a 4D towed streamer seismic acquisition project for the Mariner field in the UK North Sea using it

about 3 months ago
Troll A platform; Source: Jan Arne Wold/Equinor
Fossil Energy

Up to $420 million investment in North Sea subsea project unleashing more European gas

Norway’s state-owned energy giant Equinor and its partners – Petoro, Shell, TotalEnergies, and ConocoPhillips – have set their cap on investing just over NOK 4 billion (around $410–420 million) in a new subsea development, which will boost gas production from a field in the Norwegian sector of the N

about 3 months ago
Mist rig; Source: Borr Drilling
Fossil Energy

Eight-well drilling program ups oil output at Southeast Asian offshore field

Canada-based Valeura Energy, an oil and gas company, has wrapped up its multi-well drilling campaign, which led to an oil production boost at an oil field off the coast of Thailand, Southeast Asia.

about 3 months ago
Tungsten Explorer
Fossil Energy

Shareholders cast their votes in favor of Vantage Drilling’s merger with Eldorado

Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has secured its shareholders’ blessing for its proposed business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors.

about 3 months ago
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