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Fossil Energy

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Meeting between the Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission, Engr Gbenga Komolafe, and the Inspector General of the Nigerian Police Force, Kayode Egbe
Fossil Energy

With wheels in motion to curb oil theft, Nigeria plans to launch bid round for 12 offshore blocks

Nigeria’s oil and gas regulator, NUPRC, has taken steps to combat the oil theft challenges by joining forces with the country’s police force.

about 2 years ago
Flex LNG bags charter extension for Flex Resolute with ‘super major’
Fossil Energy

Flex LNG bags charter extension for Flex Resolute with ‘super major’

LNG shipping company Flex LNG has secured an extension of the charter of its LNG carrier Flex Resolute that will keep the vessel on a fixed-hire contract until at least the first quarter of 2027. The 2020-built Flex Resolute was fixed on a three-year time charter on November 1, 2021, with the commen

about 2 years ago
Coretrax has strengthened its well intervention capabilities after acquiring a complementary suite of technology from Wireline Drilling Technologies
Fossil Energy

New well technology suite and more work for UK firm

UK-headquartered well integrity and production optimization company Coretrax has expanded its well intervention capabilities by boosting its offering with a complementary technology from Wireline Drilling Technologies. Following the acquisition, the well lifecycle solutions provider secured a batch

about 2 years ago
Mariner field in the UK North Sea; Credit: Jamie Baikie and Michal Wachucik/Equinor
Fossil Energy

Fight for ‘better’ work-life balance: Offshore drillers set their cap on three-month strike at North Sea platform

Around 100 offshore workers employed by Odfjell Technology have decided to embark on strike action to secure improvements to working rotas.

about 2 years ago
THE RIG; Source: PIF's Oil Park Development Company
Fossil Energy

THE RIG’s master plan: Offshore oil platform-style ‘extreme’ adventure hub doubles in size

THE RIG is set to redefine the water sports and tourism landscape while paying homage to the legacy of Saudi Arabia’s rich oil and gas heritage.

about 2 years ago
Mist rig; Source: Borr Drilling
Fossil Energy

Multiple drilling ops on Canadian oil & gas firm’s agenda for 2024

Valeura Energy has outlined its plans for 2024, which entail a drilling program across multiple offshore fields in the Gulf of Thailand to boost production.

about 2 years ago
Snøhvit Future (illustration); Source: Equinor
Fossil Energy

LNS picks up multi-billion deal for project designed to reinforce Norway’s gas supplier position

Equinor has hand-picked Leonhard Nilsen & Sønner (LNS), headquartered in Andøy in Nordland county, for work at its Snøhvit Future project.

about 2 years ago
IK Group makes 'giant leap' into Asian market with new contract
Fossil Energy

Norwegian subsea company makes ‘giant leap’ into Asian market with new contract

Norwegian supplier of subsea products and services IK Group has secured a contract to deliver clamps to an oil & gas pipeline emergency repair base in China, said to mark a giant leap for the company into the Asian market. IK Subsea and its in-country partner PAG Subsea Technology (Guangzhou) have s

about 2 years ago
COSCO hands over first FSRU to Cyprus
Fossil Energy

COSCO hands over first FSRU to Cyprus

Shanghai COSCO Shipping Heavy Industry, a subsidiary of COSCO Shipping Heavy Industry, has held a delivery ceremony for the floating storage and regasification unit (FSRU) Etyfa Prometheas, which will serve the first Cyprus LNG import terminal in Vasilikos. According to COSCO, the project is China’s

about 2 years ago
Illustration: Source: Wood Mackenzie
Fossil Energy

WoodMac’s gas and LNG trends to watch in 2024

Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.

about 2 years ago
Illustration; Source: FutureOn
Fossil Energy

New cost estimation tool streamlines decision-making for oil & gas and offshore wind projects

FutureOn and Rystad have launched a digital tool that integrates up-to-date cost estimation with live project data for energy developments.

about 2 years ago
Illustration; Source: Shell
Fossil Energy

Shell sanctions North Sea tie-back to TotalEnergies’ UK gas hub

Shell has taken a final investment decision (FID) to develop a gas field in the UK sector of the North Sea.

about 2 years ago
One of Shell-managed LNG carriers; Source: Shell
Fossil Energy

Shell joins BP and numerous shipping giants in putting all Red Sea shipments on ice as vessel attacks escalate

Shell is the latest firm in a long line of companies, which decided to steer clear of the Red Sea shipping route in response to rising Houthi vessel attacks.

about 2 years ago
Offshore oil rigs in Southern California; Credit: Drew Bird Photography
Fossil Energy

California teetering on the brink of ending offshore oil drilling, as bill triumphs over first legislative snag

Senator Dave Min’s bill to stop offshore oil drilling in California’s waters has now passed its first major legislative hurdle.

about 2 years ago
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