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Fossil Energy

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Low-Carbon TransitionSubseaSurveys & InterventionsBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageCollaborationMarket OutlooksOutlook & StrategyLiquefied Natural GasOil & GasExploration & ProductionProject & TendersRigsAuthorities & GovernmentRegulation & PolicyInfrastructureVesselsRules & RegulationFPSO & VesselsOffshore WindVessels & VehiclesEquipmentPipesTransition
SLB closes joint venture with Norwegian carbon capture company
Fossil Energy

SLB closes joint venture with Norwegian carbon capture company

American oilfield services company SLB and Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) have completed their previously announced joint venture, which includes ACC’s sale of 80% of its shares in Aker Carbon Capture Holding (ACCH) to a subsidiary of SLB. It was announced in Ma

about 2 years ago
Rendering of Rio Grande LNG; Source: NextDecade
Fossil Energy

Another 20-year offtake deal for US project as Aramco bolsters its LNG arsenal

Aramco has inked non-binding heads of agreement (HoA) with NextDecade for a multi-year LNG sale and purchase agreement (SPA) for offtake from an LNG project in Texas.

about 2 years ago
COSL Promoter; Source: COSL Drilling
Fossil Energy

Norwegian oil & gas firm bites the dust in North Sea well

Wellesley Petroleum has found no hydrocarbons in an exploration well, which was drilled using one of COSL Drilling Europe’s rigs in the North Sea off the coast of Norway.

about 2 years ago
PSV Havila Herøy; Source: Havila Shipping
Fossil Energy

New assignments for PSV trio come Havila’s way

Norwegian offshore vessel owner Havila Shipping has inked deals for three platform supply vessels (PSVs) with Equinor.

about 2 years ago
FSRU Excelsior; Source: Excelerate
Fossil Energy

Installation jobs for Germany’s Wilhelmshaven 2 LNG terminal go to Norwegian and French firms

ECOnnect Energy has been hired to install a jettyless ready IQuay solution for LNG import to Wilhelmshaven.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Fossil Energy

Temporary restraining order against Dolphin Drilling rig lifts but court proceedings still ongoing

Dolphin Drilling has managed to persuade the court to change its mind about an ex parte order of arrestment that was in force against its semi-submersible rig.

about 2 years ago
MMA Offshore to enhance vessel capability with large crane order
Fossil Energy

MMA Offshore to enhance vessel’s capability with large crane order

MacGregor, part of Cargotec, has received an order it describes as “large” for the delivery of a crane for MMA Offshore’s 11-year-old multi-purpose platform supply vessel. MacGregor’s 50-tonne active heave compensated (AHC) crane will be installed on board the 83.6-meter-long MMA Valour, which provi

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Fossil Energy

Brazilian oil field’s production grounds to a halt but restart anticipated this month

Enauta has stopped production from a floating, production, storage, and offloading (FPSO) vessel working at its field offshore Brazil.

about 2 years ago
Allseas to take Pioneering Spirit to huge North Sea field in 2026
Fossil Energy

Allseas to take Pioneering Spirit to huge North Sea field in 2026

Allseas has secured a contract with Norwegian state-owned Equinor to perform the installation of pipeline and integrated structures at a huge oil and natural gas field in the Norwegian sector of the North Sea. Under the contract, Allseas will install the pipeline and integrated structures for the se

about 2 years ago
Valaris 8503 rig was used for Zama appraisal; Source: Talos Energy
Fossil Energy

Mexican operator entrusts French firm with work on its $4.5 billion oil project

Pemex has hired Doris on a front-end engineering and design (FEED) assignment for the development of its giant oil field in the Sureste Basin off the coast of Mexico.

about 2 years ago
Illustration; Source: Empyrean Energy
Fossil Energy

As funding woes derail drilling timeline, oil & gas firm asks for more time to spud offshore prospect

Empyrean Energy is seeking an extension to meet its requirements in Block 29/11 located in the prolific Pearl River Mouth Basin, offshore China.

about 2 years ago
Petrobras gives $245 million worth of contracts to three Solstad vessels
Fossil Energy

Petrobras gives $245 million worth of contracts to three Solstad vessels

Norway’s Solstad Offshore has secured multiple contract awards with Brazilian oil and gas giant Petrobras that have a combined value of approximately NOK 2.6 billion (around $245 million). Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and anchor handling tug supply

about 2 years ago
ADNOC
Fossil Energy

Go-ahead for ADNOC’s huge LNG project prompts $5.5 billion deal for its development

ADNOC has made a final investment decision (FID) for its giant liquefied natural gas (LNG) project, which is envisioned as a lower-carbon intensity development.

about 2 years ago
Illustration; Source: Wintershall Dea
Fossil Energy

Wintershall Dea closing its UAE chapter with exit from massive offshore sour gas project

Wintershall Dea has decided to divest its stake in a giant sour gas development off the coast of the UAE to Thailand’s PTTEP.

about 2 years ago
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