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Fossil Energy

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Petronas picks local tubular running services provider for next five years
Fossil Energy

Petronas picks local tubular running services provider for next five years

Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year contract for the delivery of tubular running services (TRS). Kuala Lumpur-headquartered Destini Oil Services, the energy arm of Destini Group, officially secured the contract on March 30, 2026, with it endi

about 4 months ago
Transocean Encourage rig; Source: Transocean
Fossil Energy

Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig

Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 4 months ago
ADES' 300-feet Main Pass IV jack-up rig has been booked for operations offshore Nigeria; Credit: Shelf Drilling, now part of ADES
Fossil Energy

ADES’ 1982-built rig scoops up multimillion-dollar drilling gig in Nigerian waters

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has won a new offshore drilling assignment off the coast of Nigeria for one of its jack-up rigs.

about 4 months ago
BP and SOCAR boost energy collaboration with new MOU; Source: Meg O'Neill via LinkedIn
Fossil Energy

BP and SOCAR fortify energy ties

UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds.

about 4 months ago
Illustration; Source: Worley
Fossil Energy

Worley and Baker Hughes embarking on integrated lower-carbon LNG quest

U.S.-headquartered energy technology giant Baker Hughes and Australia’s engineering player Worley have joined forces to pursue opportunities in the liquefied natural gas (LNG) sector, spurred by rising LNG demand across the globe.

about 4 months ago
PV Drilling
Fossil Energy

Rig job for Southeast Asian development campaign goes to PV Drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.

about 4 months ago
FPSO Johan Castberg; Source: Equinor
Fossil Energy

Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad

about 4 months ago
Block 3B/4B; Source: Eco Atlantic
Fossil Energy

Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome

While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin.

about 4 months ago
ABL lends a hand to Subsea7 offshore Brazil
Fossil Energy

ABL lends a hand to Subsea7 offshore Brazil

ABL Energy & Marine Consultants Brasil has been selected for the marine warranty surveyor (MWS) role to support Subsea7 with the transportation and installation of subsea umbilicals, risers, and flowlines (SURF) infrastructure offshore Brazil. The scope will encompass pipelines installed on FPSO Mar

about 4 months ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Fossil Energy

TotalEnergies’ 750-million-barrel project offshore Namibia targets first oil in 2030

France-headquartered energy giant TotalEnergies is setting the stage to bring online its deepwater oil discovery in the Orange Basin off the coast of Namibia, as the African country enhances port infrastructure and policy framework ahead of the project launch, which is seen as a growth driver for th

about 4 months ago
FPSO Egina; Source: TotalEnergies
Fossil Energy

Big Oil’s offshore drilling plans spotlight West Africa’s deepwater hydrocarbon potential

France-headquartered energy giant TotalEnergies and its U.S.-based peer Chevron have set the wheels in motion to embark on offshore drilling and appraisal activities off the coast of Nigeria in search of more deepwater oil and gas arsenal in West Africa.

about 4 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Fossil Energy

TotalEnergies and Vitol strike US LNG deals with Venture Global

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has sealed two LNG agreements with France’s energy giant TotalEnergies and Vitol, an energy and commodities company.

about 4 months ago
Shell
Fossil Energy

Shell entrusted with LNG cargo for Bulgargaz

UK-headquartered energy giant Shell has been chosen to deliver one cargo of liquefied natural gas (LNG) to Türkiye for the needs of Bulgargaz EAD, which is Bulgaria’s public supplier of natural gas and a subsidiary of Bulgarian Energy Holding EAD.

about 4 months ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Fossil Energy

License extension out of the way, as Stamper advances multi-basin mission offshore Namibia

Canada-headquartered Stamper Oil & Gas Corp., a Namibia-focused oil and gas exploration company, has confirmed an extension of a Namibian offshore petroleum exploration license (PEL), as energy majors continue to move in across multiple basins in the African country to pursue hydrocarbon exploration

about 4 months ago
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