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Fossil Energy

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Oil & GasPipesProduction & ProcessingSubseaBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionInfrastructureProject & TendersOperations & MaintenanceFPSO & VesselsOffshore WindSurveys & InterventionsVesselsVessels & VehiclesOutlook & StrategyCollaborationRigsAuthorities & GovernmentRegulation & PolicyLiquefied Natural GasEquipment
Shah Deniz Alpha platform; Source: BP
Fossil Energy

Triple contract win for Saipem in Azerbaijan valued at $600M

Italian engineering, drilling, and construction services firm Saipem has secured three new contracts for a gas project in Azerbaijan operated by UK-headquartered energy giant BP, which together have a value of approximately $600 million. The offshore contracts were awarded in consortium with BOS She

about 1 year ago
LNG Croatia
Fossil Energy

Croatian FSRU’s regas overhaul completed at Turkish shipyard

The floating storage regasification unit (FSRU) serving Croatia’s liquefied natural gas (LNG) terminal at the island of Krk has been upgraded in Türkiye.

about 1 year ago
DeepOcean charters Glomar vessel to expand offshore wind and oil & gas capabilities
Fossil Energy

DeepOcean charters Glomar vessel to expand offshore wind and oil & gas capabilities

Ocean services provider DeepOcean has entered into a time charter agreement with Glomar Offshore for a 2009-built multipurpose support vessel to enhance its survey and inspection, maintenance and repair (IMR) offering in the offshore wind and oil & gas sectors. Glomar Supporter will join DeepOcean’s

about 1 year ago
Skandi Olympia
Fossil Energy

DOF continues its winning streak with Petrobras with two new contracts

Norwegian vessel owner DOF Group has secured two new long-term contracts with Brazil’s state-owned energy company Petrobras that have a combined value of approximately $200 million. Skandi Chieftain and Skandi Olympia have been awarded four-year charters, with both vessels to operate with one work-c

about 1 year ago
Energy Paradise at sea
Fossil Energy

Norwegian shipowner lands fresh contracts for PSV pair

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured new contracts for two platform supply vessels (PSVs) from its fleet.

about 1 year ago
COSL Prospector rig; Source: Canarship
Fossil Energy

All systems go for Equinor’s drilling ops with Transocean and COSL rigs

Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors.

about 1 year ago
Culzean field in the North Sea. Source: TotalEnergies
Fossil Energy

Serica splashes hundreds of millions on BP’s stake in UK’s largest producing gas field

UK-based upstream oil and gas player Serica Energy is expanding its North Sea footprint by setting the wheels in motion to acquire the entire interest the UK-headquartered energy giant BP holds in a natural gas field, which is considered the biggest producing gas asset on the UK Continental Shelf (U

about 1 year ago
ETAP facility in the North Sea; Source: BP
Fossil Energy

BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked

UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS).

about 1 year ago
Deepsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

about 1 year ago
FPSO Jotun; Source: Vår Energi
Fossil Energy

Green light for Vår Energi to spud North Sea exploration well

Vår Energi, Norway’s oil and gas player, has obtained the Norwegian authorities’ blessing for drilling activities in the North Sea off the coast of Norway.

about 1 year ago
Snam plans to convert Oristano LNG coastal storage facility into FSRU; Source: Higas
Fossil Energy

Snam eyes Higas acquisition and FSRU conversion in LNG expansion move

Italy’s energy infrastructure operator Snam has made a play for Higas, a company that owns a liquefied natural gas (LNG) coastal storage facility in Oristano, Sardinia.

about 1 year ago
UK firm delivering equipment to back deepwater drilling off Guyana
Fossil Energy

UK firm delivering equipment to back deepwater drilling off Guyana

London-headquartered energy services provider Hunting has begun the delivery of oil country tubular goods (OCTG) accessories to support deepwater drilling operations offshore Guyana, described by the company as a strategically important energy region. Hunting secured the $20 million contract early t

about 1 year ago
FPSO Triton
Fossil Energy

North Sea FPSO closing in on restart date

UK-based upstream oil and gas player Serica Energy is engaged in talks with Dana Petroleum to come up with a way to improve the performance of a floating production, storage, and offloading (FPSO) vessel, which is being prepared to resume limited production from Serica’s North Sea asset on the UK Co

about 1 year ago
Testing entailed the bidirectional transfer of LNG from the Avenir Aspiration small LNG carrier to the FSRU Toscana, and vice versa; Source: OLT Offshore LNG Toscana
Fossil Energy

Italy makes its first foray into small scale LNG service with OLT’s auctions

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has launched the first auctions for a small scale liquefied natural gas (LNG) (SSLNG) service, achieved through a bidirectional LNG transfer at its floating storage and r

about 1 year ago
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