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Fossil Energy

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TechnipFMC wins contract with Petrobras worth over $1 billion
Fossil Energy

TechnipFMC wins contract with Petrobras worth over $1 billion

TechnipFMC has secured a “major” integrated engineering, procurement, construction, and installation (iEPCI) contract with Brazilian state-owned oil and gas giant Petrobras for a project offshore Brazil. TechnipFMC reported it had won the contract to deliver the Mero 3 HISEP project which uses subse

about 2 years ago
Norwegian Offshore Directorate
Fossil Energy

With more responsibilities on its plate, Norwegian Petroleum Directorate gets new name

The Norwegian Petroleum Directorate (NPD) has changed its name to the Norwegian Offshore Directorate (NOD).

about 2 years ago
Illustration. Source: Deltic Energy
Fossil Energy

UK firm cheers certification of its carbon neutral status

Deltic Energy has been certified as a carbon neutral business by Carbon Neutral Britain. This certification will require renewal on an annual basis.

about 2 years ago
Dyna-Mac's West yard in Singapore; Source: Dyna-Mac
Fossil Energy

New acquisition bringing more fabrication capacity to Dyna-Mac’s table

Dyna-Mac is in the process of expanding its fabrication capacity for current and future projects with the acquisition of Exterran Offshore.

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Fossil Energy

No natural gas shortage in sight, as Türkiye plans to boost storage capacity while upgrading its facility to run on renewables

Türkiye is taking steps to scale up its natural gas storage capacity and slash greenhouse gas emissions with renewables.

about 2 years ago
Report: Production starts at Russia’s Arctic LNG 2 despite US sanctions
Fossil Energy

Report: Production starts at Russia’s Arctic LNG 2 despite US sanctions

Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported. According to Bloomberg, Russia’s Deputy Prime Minister Alexander Novak said in an interview with the state-run Rossiya 24 TV channel that t

about 2 years ago
DOF vessel to stay offshore Philippines until end of 2027
Fossil Energy

DOF vessel to stay offshore Philippines until end of 2027

DOF Group has signed a contract extension with Prime Energy Resources Development for a multipurpose platform supply vessel (MPSV) that is working offshore Philippines. Prime Energy has extended the contract for the provision of the MPSV Skandi Hawk to the end of 2027. DOF has been providing MPSV an

about 2 years ago
Talos Energy
Fossil Energy

Two Gulf of Mexico oil & gas discoveries come online

Talos Energy has kicked off production from two oil and natural gas deepwater discoveries in the U.S. Gulf of Mexico.

about 2 years ago
USS Gravely (DDG 107); Source: U.S. Central Command
Fossil Energy

With Red Sea quagmire running unabated, vessel attacks top 23 as oil prices drop down

Oil prices have now settled down, but is this just the calm before the storm or will prices remain stable without further spikes?

about 2 years ago
Valaris DS-4 drillship; Source: Valaris
Fossil Energy

Valaris drillship staying in Brazil for multi-year gig with Petrobras

Valaris has tucked a long-term contract in Brazil under its belt for one of its drillships, which will carry out operations for Petrobras.

about 2 years ago
Contract with TotalEnergies marks Ocean Installer's second-largest in history
Fossil Energy

Contract with TotalEnergies marks Ocean Installer’s second-largest in history

Norway’s Ocean Installer has secured what it says is its second-largest contract in company history thanks to a deal with TotalEnergies in Angola. Ocean Installer, in consortium with Oceaneering, has secured a “significant” contract from TotalEnergies EP Angola and its partners of Block 17 to execut

about 2 years ago
Santos signs P’nyang gas deal for PNG LNG
Fossil Energy

Kumul obtains funding to purchase PNG LNG stake from Santos

Papua New Guinea’s (PNG) Kumul Petroleum Holdings has secured funding to acquire 2.6% of PNG LNG stake from Australian energy company Santos. According to Santos, Kumul paid approximately $250 million into escrow with Santos as part payment of the purchase price and executed binding funding arrangem

about 2 years ago
Illustration; Source: CNOOC
Fossil Energy

Oilfields project offshore China comes on stream

CNOOC Limited has kicked off production from oilfields Phase II development project in the South China Sea, offshore China.

about 2 years ago
Hercules rig; Source: Odfjell Drilling
Fossil Energy

Galp’s drilling ops offshore Namibia bring ‘preliminary’ signs of hydrocarbons

Galp is currently drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.

about 2 years ago
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