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Fossil Energy

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Greater Buchan Area concept; Source: Jersey Oil & Gas
Fossil Energy

NEO Energy farming into UK player’s North Sea oil project

Jersey Oil & Gas (JOG) has agreed to farm out a partial stake in an asset on the UK Continental Shelf (UKCS) to NEO Energy.

about 3 years ago
Illustration; Source: QatarEnergy
Fossil Energy

Shell sells partial stake in asset off Mauritania

Shell has entered into an agreement with QatarEnergy to sell a partial interest in a block located off the coast of Mauritania.

about 3 years ago
West Jupiter drillship; Source: Seadrill
Fossil Energy

With offshore drilling industry making strides, Seadrill rig fleet positioned for ‘growth and enhanced performance’

Seadrill has tucked “excellent” operational and strong financial performance under its belt during 2022 while expanding its rig fleet.

about 3 years ago
Shell, Harbour Energy to be hit as 150 contractors begin strike
Fossil Energy

Shell, Harbour Energy to be hit as 150 contractors prompt ‘tsunami’ of offshore strike action

Over 20 oil and gas platforms are expected to bit hit as around 150 Sparrows Offshore Services’ contractors are set to start strike action from today, 5 April, UK’s Unite the union reported. A series of stoppages will continue up to 9 June by Sparrows’ contractors in a dispute over pay. The strike a

about 3 years ago
Vahana Aryan self-propelled jack-up rig; Source: DNV
Fossil Energy

Rig becomes world’s first jack-up with DNV’s Abate-Ready notation

DNV has awarded – what it describes as – the world-first Abate-Ready notation for a jack-up unit to the Dubai-based Vahana Marine Solutions.

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
Fossil Energy

Equinor hands out FEED deal for FPSO destined to work at Bay du Nord oil project

Equinor has awarded a letter of intent to KBR for the front-end engineering design (FEED) of topside facilities for the Bay Du Nord FPSO.

about 3 years ago
P-82 FPSO is part of Petrobras’ new generation of production facilities, characterised by their high production capacity and by technologies to reduce CO2 emissions Source: Sembcorp Marine
Fossil Energy

Construction of Brazil-bound FPSO kicks off at Chinese shipyard

A groundbreaking ceremony has been held in Qidong for the construction of an FPSO, destined to work for Petrobras offshore Brazil.

about 3 years ago
North Sea helicopter services provider changes hands
Fossil Energy

North Sea helicopter services provider changes hands

South Africa-headquartered aviation industry player Ultimate Aviation has completed the acquisition of North Sea-focused helicopter services provider for the oil & gas industry Offshore Helicopter Services (OHS). The acquisition is effective immediately and will see OHS continue operating under its

about 3 years ago
Bacton Catchment Area: Energy Hub integration with various offshore installations illustrating their potential role in future hydrogen generation; Source: Hartshead Resources
Fossil Energy

UK oil & gas firm expanding its portfolio with more North Sea fields and prospects

Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has entered into a farm-in agreement with Hartshead Resources.

about 3 years ago
Illustration; W&T Offshore
Fossil Energy

Two Gulf of Mexico blocks on the cards for U.S. player thanks to oil & gas lease sale

W&T Offshore is the apparent high bidder on two shallow water blocks in the recent Gulf of Mexico (GOM) lease sale.

about 3 years ago
Illustration; Source: Remote Medical International (RMI)
Fossil Energy

Pursuing stable energy supplies by preventing and curtailing offshore incidents

What should organisations and energy players do to prevent offshore accidents to ensure the security and stability of the energy supply?

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

UK turns to renewables and low-carbon power to bolster energy security

The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).

about 3 years ago
Further OPEC+ production cuts to make consumers 'become increasingly poorer', CEA says
Fossil Energy

Further OPEC+ production cuts to make consumers ‘become increasingly poorer’, CEA says

American consumers are set to be hurt and “become increasingly poorer” with the further production cuts announced by the Organization of the Petroleum Exporting Counties (OPEC+) that will lead to oil prices jumping by more than $4 a barrel, the Consumer Energy Alliance (CEA) announced. As a response

about 3 years ago
Corrib gas field; Source: Vermilion Energy
Fossil Energy

Canadian player wraps up acquisition of additional stake in gas field off Ireland

Vermilion has closed the acquisition of Equinor’s subsidiary in Ireland, increasing its operated interest in a natural gas field off Ireland.

about 3 years ago
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