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Fossil Energy

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Low-Carbon TransitionOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentExploration & ProductionProject & TendersRegulation & PolicyRules & RegulationTransitionSubseaSurveys & InterventionsClean FuelDredgingGreen MarineMarine EnergyOffshore WindEquipmentInnovationOutlook & StrategyTechnologyVesselsDecommissioningHeavy liftingRigsFPSO & VesselsMarket OutlooksAmmoniaHydrogenCollaboration
Illustration; Source: North Sea Transition Authority
Fossil Energy

Will UK pull out of energy treaty now or wait to see if low-carbon and green provisions will be woven into its fabric?

The UK is set on reviewing its Energy Charter Treaty membership, which will enable it to consider withdrawal as an outcome of the review.

11 minutes read
More than $100 million in two new contracts for Oceaneering
Fossil Energy

More than $100 million in two new contracts for Oceaneering

Oceaneering International’s Offshore Projects Group (OPG) segment has secured two international contracts that have a combined total value of over $100 million. Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project in A

about 3 years ago
World's first methanol-powered boxship (Courtesy of A.P. Moller-Maersk)
Fossil Energy

In focus: Backed with government and private funding, offshore energy and shipping industries go full steam ahead towards net-zero future

Europe and the United States have set in place a number of funding programs designed to boost and accelerate the development of a very diverse ‘clean energy sector’, which is being backed by significant initiatives from the major players coming from the more established maritime and oil and gas indu

about 3 years ago
Thialf crane vessel; Source: Heerema Marine Contractors
Fossil Energy

Port of Blyth’s largest oil & gas decom gig underway for three North Sea platforms

Port of Blyth is embarking on its largest oil and gas decommissioning project to date, covering several topsides and jackets from three North Sea platforms

about 3 years ago
Noble Valiant drillship; Source: Noble Corp
Fossil Energy

Noble drillship gets new job in Gulf of Mexico

Offshore drilling contractor Noble Corporation has secured a new contract for one of its seventh-generation drillships in the U.S. Gulf of Mexico.

about 3 years ago
COSL Prospector rig; Credit: COSL Drilling Europe
Fossil Energy

Another rig deal for COSL as exploration activity heats up off Norway

Vår Energi has picked a sixth-generation semi-submersible rig from COSL Offshore Management for drilling operations in the Barents Sea.

about 3 years ago
Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan; Source: SOCAR
Fossil Energy

TotalEnergies inaugurates gas field while anticipating enrichment of Azerbaijan’s transition arsenal with renewables and energy storage

TotalEnergies has held an inauguration ceremony for a gas and condensate field, which recently came on stream in the Caspian Sea.

about 3 years ago
FPSO Abo; Source: BW Offshore
Fossil Energy

BW Offshore FPSO staying longer off Nigeria

Eni has agreed on another short-term contract extension with BW Offshore for an FPSO, which is working on a field offshore Nigeria.

about 3 years ago
COSL Promoter rig; Credit: COSL Offshore Management
Fossil Energy

New offshore drilling gigs for two COSL rigs bringing $369 million

Equinor has hired two semi-submersible rigs from COSL Offshore Management for drilling operations on the Norwegian continental shelf (NCS).

about 3 years ago
Illustration; Source: Westwood
Fossil Energy

Despite higher day rates, new rig orders not on the cards soon, says Westwood

While Westwood believes that a newbuilding cycle will not happen anytime soon, any new rig orders are likely to be for jack-ups.

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Fossil Energy

Australian FPSO just a day shy of coming back online

Jadestone Energy has disclosed its new timeline for the restart of production from an FPSO in the Timor Sea offshore Australia.

about 3 years ago
Nauticus Robotics
Fossil Energy

Equinor picks Nauticus and Stinger Technology for North Sea project

Nauticus Robotics has been hired – together with its partner, Stinger Technology – for a pilot project by Norway’s Equinor.

about 3 years ago
FPSO Anna Nery; Source: Yinson
Fossil Energy

Petrobras and Chinese players join forces in pursuit of oil & gas, renewables, and CCS opportunities

Petrobras has teamed up with Chinese companies to bring its strategic five-year plan to life and prepare for a more sustainable future.

about 3 years ago
FPSO Cidade de Vitória; Source: Petrobras
Fossil Energy

Saipem upholds timeline for FPSO sale off Brazil

Saipem has confirmed the timeline for closing its divestment process related to an FPSO working in the Espírito Santo Basin offshore Brazil.

about 3 years ago
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