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Fossil Energy

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Deepsea Stavanger rig; Source: Odfjell Drilling
Fossil Energy

Equinor gets clearance to spin the drill bit at North Sea prospect

Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.

about 3 years ago
Polaris drillship; Source: Aquadrill
Fossil Energy

With Aquadrill acquisition in the bag, Seadrill expands its rig fleet

Offshore drilling contractor Seadrill has completed the acquisition of Aquadrill, formerly known as Seadrill Partners.

about 3 years ago
Petrobras
Fossil Energy

With more natural gas on the agenda, Petrobras sets the wheels into motion to charter two FPSOs

Petrobras has kicked off the contracting process for the chartering of two FPSOs, which will be deployed at deepwater assets off Brazil.

about 3 years ago
Türkiye Petrolleri A.O. (TPAO)
Fossil Energy

Giant Black Sea project weeks away from first gas

Türkiye is putting the wheels into motion to achieve the first gas from a giant natural gas project in the Black Sea in less than three weeks.

about 3 years ago
Keppel - Sembcorp Marine
Fossil Energy

Sembcorp Marine to rebrand as Seatrium

Singapore-based shipbuilder Sembcorp Marine is proposing to change its name to Seatrium Limited. The move follows the completion of the combination of the businesses of Sembcorp Marine Ltd and Keppel Offshore & Marine Ltd on 28 February 2023. Following the completion of the proposed combination of S

about 3 years ago
Saipem 7000 semi-submersible crane vessel; Source: Saipem
Fossil Energy

Fresh batch of offshore contracts brings Saipem $650 million

Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.

about 3 years ago
New Petrofac chief executive officially takes over
Fossil Energy

Petrofac’s new chief executive officially takes over

McDermott’s Tareq Kawash has officially taken over the role of Group Chief Executive and Executive Director at Petrofac after Sami Iskander stepped down in order to pursue other interests. The oilfield services provider confirmed that the new group chief executive started the role as of 1 April and

about 3 years ago
Transocean Enabler rig (for illustration purposes); Source: Transocean
Fossil Energy

U.S. offshore rig count comes to a standstill

Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Fossil Energy

Despite potential for more, Enauta keeps production at lower level from new well

Enauta has concluded the production ramp-up of the first well in its three-well drilling campaign at a field offshore Brazil.

about 3 years ago
After appointing new CEO, UK oil & gas firm names COO and Executive Director
Fossil Energy

After appointing new CEO, UK oil & gas firm names COO and executive director

UK and Ireland-focused oil and gas exploration, development, and production company Europa Oil & Gas (EOG) has appointed Alastair Stuart as Chief Operating Officer and an Executive Director of the company, effective immediately. Stuart has been a consultant at Europa Oil & Gas since 2012 and more re

about 3 years ago
FPSO Abo; Source: BW Offshore
Fossil Energy

Two FPSOs get more work in Nigeria and Ivory Coast

BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.

about 3 years ago
Fast4Ward FPSO design; Source: SBM Offshore
Fossil Energy

SBM Offshore gets financing from 13 banks for largest Brazil-bound FPSO

SBM Offshore has completed the project financing of an FPSO, which is destined to work at the Búzios field off Brazil, for a total of $1.63 billion.

about 3 years ago
Norve jack-up rig; Source: Borr Drilling
Fossil Energy

Development project off Gabon days away from first oil

BW Energy has wrapped up the drilling and completion operations at the first well in in its multi-well drilling campaign offshore Gabon.

about 3 years ago
Illustration; Source: Institute for Energy Economics and Financial Analysis (IEEFA)
Fossil Energy

In focus: Net-zero future needs a jigsaw of solutions, with CCS acting as linchpin

Achieving a net-zero future is a challenging task for all countries around the globe. The problematic pieces of the energy transition jigsaw need to shrink as renewable energy sources continue to be explored, expanded and nurtured through new investments.

about 3 years ago
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