Fossil Energy
Subsea
Alternative Fuels
Hydrogen
Marine Energy
More news

Your trusted source for global offshore energy news, part of the Navingo network.

Topics

Fossil Energy
Subsea
Alternative Fuels
Hydrogen
Marine Energy

Network

Offshore Energy
Offshore Wind
NavalToday
Dredging Today

Company

Advertising
Newsletter
Jobs
Report your news
Privacy

Fossil Energy

Filter by region

Loading filters...

Oil & Gas Rigs Business & Finance Business Developments & Projects Exploration & Production Project & Tenders Market Outlooks Outlook & Strategy Transition Cabling Clean Fuel Decommissioning Green Marine Hydrogen Infrastructure Marine Energy Offshore Wind Propulsion Subsea Tidal & Wave Energy Wind Farms Collaboration Innovation Research & Development FPSO & Vessels Vessels Carbon Capture Usage & Storage Equipment Vision Environment Ports & Logistics Technology

Filter by topic

Fossil Energy

More time for Shelf Drilling’s jack-up rig off Egypt

UAE-headquartered offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs for operations offshore Egypt.

about 3 years ago

Fossil Energy

Volatility in oil & gas prices on the cards for 2023 after roller-coaster ride in 2022, says Westwood

Westwood dives into upstream oil and gas trends in 2022, predicting that 2023 will also be marked by oil and gas price volatility.

about 3 years ago

Central Morecambe platform; Source: Spirit Energy

Fossil Energy

In Focus: Dealing with the energy trilemma

A new week, new steps in the transformation of the offshore energy sector. In this process the industry is dealing with the energy trilemma: to provide energy that is secure, affordable and lower in carbon.

about 3 years ago

Petrojarl Knarr FPSO; Source: Altera Infrastructure

Fossil Energy

Drydocks World and Aker Solutions to revamp FPSO destined for UK’s giant oil & gas field

Drydocks World Dubai and Aker Solutions will work together on upgrading an FPSO for one of the largest undeveloped oil fields in the UK.

about 3 years ago

Fossil Energy

January brings increase to offshore rig count

The international offshore rig count recorded an increase of ten units in January 2023 compared to December last year, according to the latest rig count report from Baker Hughes. The international rig count is up 60 rigs from last year’s count of 841, with offshore rigs up 31 and onshore rigs up 29.

about 3 years ago

Fossil Energy

Jack-up rig deal opens offshore energy sector doors to Swedish player

Sweden’s Echandia has received an initial order for battery systems to curb emissions and boost energy efficiency on a jack-up drilling rig.

about 3 years ago

Fossil Energy

Following ‘very promising 2023’, energy services sector anticipated to grow to $1 trillion

The global market for oil and gas contractors is expected to rise to a peak of $1 trillion in 2025 and remain at high levels for several years, according to a report by energy intelligence group Rystad Energy. For the 2022-2028 period, overall oil and gas spending is anticipated to stay above $920 b

about 3 years ago

Fossil Energy

With new acquisition, TAQA expands its well solutions business across multiple geographies

With this acquisition, TAQA has expanded its footprint in the Middle East, North Africa, Central Asia, and Eastern Europe.

about 3 years ago

Fossil Energy

Significant emissions and cost savings on the cards for Middle East operator’s rig fleet

Energy consultancy Xodus has outlined a roadmap for a 60 per cent reduction in total CO2 emissions for a Middle East operator’s fleet of drilling rigs, following a greenhouse gas (GHG) emissions baseline and energy efficiency review. Xodus reported it had identified more than 25 energy and emissions

about 3 years ago

Fossil Energy

QatarEnergy joins TotalEnergies and Eni on two exploration blocks in Mediterranean’s gas-rich waters

TotalEnergies andEni have completed the transfer of a partial interest to QatarEnergy for two offshore blocks located in Lebanese waters.

about 3 years ago

2023 to be a busy year for offshore rigs, pushing utilisation and day rates up, says Westwood

Fossil Energy

Westwood: 2023 shaping up to be a busy year for offshore rigs with further boost in day rates

Westwood forecasts global marketed offshore rig utilisation to average 95 per cent this year with day rates getting a further boost.

about 3 years ago

Ursula von der Leyen, President of the European Commission

Fossil Energy

In focus: Energy transition caught between cooperation and fragmentation

The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect

about 3 years ago

Fossil Energy

Consortium lands deal for project at world’s largest offshore sour gas development

ADNOC has handed out a letter of award (LOA) related to offshore facilities for a giant offshore gas development to a consortium led by NPCC.

about 3 years ago

Energean on track to ramp up its oil & gas output with new projects coming online this year

Fossil Energy

Energean on track to ramp up its oil & gas output once new projects come online

Energean is set on reaching its medium-term production target by boosting output from a field off Israel and bringing new projects on stream.

about 3 years ago