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Fossil Energy

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Stena Spey rig; Source: Stena Drilling
Fossil Energy

With hydrocarbons present, results of North Sea well found to be ‘encouraging’

Ithaca Energy has revealed more information about the results of its exploration drilling at the K2 prospect, located in the North Sea.

about 3 years ago
SLB and Eni in alliance for pipeline integrity monitoring and analysis
Fossil Energy

SLB and Eni in alliance for pipeline integrity monitoring and analysis

SLB and Eni, through its subsidiary Enivibes, have established an alliance for the deployment of a vibroacoustic wave detection system said to be capable of providing real-time analysis, monitoring and leak detection for pipelines around the world. The alliance covers the deployment of e-vpms (Eni V

about 3 years ago
Pioneering Spirit's DP3 and DP4 jackets removal campaign; Source: Allseas
Fossil Energy

Gallery: Allseas’ giant vessel removes two Morecambe Bay jackets in less than two days

Allseas has completed the two jackets removal campaign for Spirit Energy’s Morecambe Bay development in the East Irish Sea, using its heavy lift vessel Pioneering Spirit.

about 3 years ago
Tubular Bells; Source: Hess
Fossil Energy

New oil discovery confirmed in Gulf of Mexico

U.S. oil and gas company Hess Corporation has made an oil discovery in an exploration well located in the U.S. Gulf of Mexico.

about 3 years ago
Energy Industries Council (EIC)
Fossil Energy

Are net-zero aspirations in jeopardy with oil & gas boom at full tilt?

The global oil and gas industry has embarked on a growth upcycle, raising concerns that this is putting net-zero 2050 commitments at risk.

about 3 years ago
The North Field off Qatar; Source: Qatargas
Fossil Energy

With 18 oil & gas projects, worth $60.2 billion, in the works, Qatar set on upping the LNG ante

Qatar’s energy sector is positioned for further growth, solidifying the country’s position as the world’s top exporter of LNG.

about 3 years ago
Valaris (former Ensco) 107 jack-up rig; Source: Carnarvon
Fossil Energy

Beach Energy awaits Valaris rig to spud well off New Zealand

Beach Energy is now targeting the start of drilling operations at its development well off Taranaki towards the end of the first quarter of 2024.

about 3 years ago
Saipem
Fossil Energy

Large-scale CO2 capture project added to Saipem’s workload in Europe

Saipem has inked a letter of intent for work on a large-scale CO2 capture project with Stockholm Exergi

about 3 years ago
Peregrino field off Brazil; Credit: Einar Aslaksen/Equinor
Fossil Energy

Lower oil & gas prices take a bite out of Norwegian energy giant’s profit

Equinor’s profit was cut in more than half from record-high figures seen last year due to significantly lower energy prices.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

Court fight on UK govt’s hands over oil & gas licensing round

Greenpeace has decided to take the UK government to court over – what it deems to be – an “unlawful” oil and gas decision.

about 3 years ago
IDD project's FPU off Kalimantan, Indonesia; Source: Chevron
Fossil Energy

By taking over Chevron’s assets off Indonesia, Eni enriches its gas and LNG portfolio

Italian oil major Eni has decided to enhance its oil and gas portfolio further by acquiring Chevron’s Indonesian assets.

about 3 years ago
Siem Aquamarine; Source: Siem Offshore
Fossil Energy

Two Siem vessels booked for work in Australia

Siem Offshore has secured a new deal for two of its anchor handling tug supply (AHTS) vessels with an undisclosed operator in Australia.

about 3 years ago
FSO Safer
Fossil Energy

Long-awaited oil removal from ‘ticking bomb’ FSO Safer kicks off in Red Sea

The much-anticipated removal of more than 1 million barrels of oil from the decaying FSO Safer off Yemen’s Red Sea coast started today. The ship-to-ship transfer of oil to the replacement tanker Yemen, formerly known as Nautica, which arrived in Yemen a few days ago, is expected to last 19 days. The

about 3 years ago
Steven Guilbeault, Canada’s Minister of Environment and Climate Change; Source: Canadian government
Fossil Energy

Canada puts a lid on fossil fuel subsidies but exceptions throw a lifeline to oil & gas industry

The Canadian government has now set its cap on making good on its climate commitment to phase out inefficient fossil fuel subsidies.

about 3 years ago
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