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Fossil Energy

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Borr Drilling
Fossil Energy

Tight jack-up supply fuels Borr Drilling’s hopes of new prospects for its rig fleet

Borr Drilling has recorded strong financial and operational performance during the first quarter of 2023 with a sequential boost in revenue.

about 3 years ago
Shell
Fossil Energy

Another crack at lawsuit against Shell board on the cards over ‘failing to move away from fossil fuels fast enough’

After the lawsuit against Shell’s board of directors was thrown out of court recently, ClientEarth hopes to turn things around at a hearing.

about 3 years ago
Haiyou Guanlan deepwater floating wind turbine in port before being towed to Wenchang oilfield
Fossil Energy

China connects deepwater floating wind platform to Wenchang oilfield

China National Offshore Oil Corporation (CNOOC) has grid-connected its Haiyou Guanlan deepwater floating wind turbine and integrated it into the power grid of the Wenchang oilfield. Earlier this month, CNOOC announced the 5-kilometre dynamic subsea cable was installed, which set up the transmission

about 3 years ago
Four firms net EPCI subsea contract for giant Black Sea natural gas project
Fossil Energy

Four firms win EPCI subsea contract for giant Black Sea gas project

Turkish Petroleum has awarded a contract for subsurface solutions for the second phase of what is said to be one of Türkiye’s largest energy projects ever built to four companies. Subsea 7 confirmed the award of the “major” contract by Turkish Petroleum for the second phase of the Sakarya field deve

about 3 years ago
More work for Expro with Harbour Energy
Fossil Energy

More work for Expro with Harbour Energy

UK-headquartered energy services provider Expro has secured a new contract with Harbour Energy for a well abandonment campaign as part of a decommissioning project on the UK Continental Shelf. The multi-year contract, valued at more than $20 million, will see Expro use its Subsea Well Access technol

about 3 years ago
Noble Faye Kozack (for illustration purposes); Source: Noble Corp.
Fossil Energy

U.S. offshore rig count loses upward traction and slips down a notch

Following two weeks of slow growth, the number of offshore rigs in the U.S. dropped down to 21 units last week.

about 3 years ago
Petrobras
Fossil Energy

Petrobras bringing sale of 22 onshore and shallow water fields closer to the finish line

Petrobras has been ticking all precedent conditions off the list for the sale of its interest in a Brazilian cluster to close this deal.

about 3 years ago
A Coast Guard Station Freeport 45-foot Response Boat-Medium boatcrew rescues three boaters aboard an oil rig after their vessel began sinking near Freeport, Texas; Credit: U.S. Coast Guard photo by St
Fossil Energy

Gallery: Three stranded offshore workers rescued from oil rig in U.S. waters

The U.S. Coast Guard has carried out a rescue mission of three offshore workers from an oil rig off the coast of the United States.

about 3 years ago
In focus: Energy security in Europe – New links to strengthen the chain
Fossil Energy

In focus: Energy security in Europe – New links to strengthen the chain

Ever since the first days of the Russia-Ukraine war, energy security has been one of the top global concerns and – with gas supply issues still high on the agenda and another winter coming, accompanied by recent warnings from the Dutch intelligence and NATO on potential dangers to the offshore energ

about 3 years ago
Modular offshore platform; Source: Aquaterra Energy
Fossil Energy

In with green hydrogen, out with black gold: Will this be a blueprint for the Middle East’s energy transition or is there something else in store?

The Middle East is pivoting towards renewables and green hydrogen while building a more sustainable oil and gas sector.

about 3 years ago
Oil & gas firm awarded offer of CO2 storage licenses in UK's first-ever such round
Fossil Energy

Oil & gas firm secures offers in UK’s first-ever CO2 storage licensing round

UK oil and gas company EnQuest has secured the offer of carbon storage licenses as part of the UK’s first-ever round of carbon sequestration licenses issued by the North Sea Transition Authority (NSTA). The license offers are within application areas known as Northern North Sea 1 and Northern North

about 3 years ago
FPSO Okha; Source: Woodside
Fossil Energy

Jadestone becomes owner of BP’s stake in Australian oil-producing fields

Jadestone has received approval for the title transfer regarding the acquisition of BP’s stake in a Woodside-operated project off Australia.

about 3 years ago
Buzzard oil and gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Fossil Energy

In the midst of industrial unrest in UK’s oil & gas sector, CNOOC inks ‘significant recognition’ deal

The UK’s Unite the union has secured – what it deems as – a recognition deal with CNOOC Petroleum Europe Limited (CNOOC).

about 3 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Fossil Energy

New task for Noble to tackle nonconformities on jack-up rig

Norwegian regulator has carried out an audit of management of materials handling and the working environment on one of Noble’s jack-up rigs.

about 3 years ago
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