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Fossil Energy

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FPSO Montara Venture; Source: Jadestone Energy
Fossil Energy

Another plot twist creates roadblock for production restart from Australian FPSO

After completing the planned four-yearly topsides maintenance programme for an FPSO operating at a field in the Timor Sea off Australia, Jadestone Energy has found some inconsistencies in standard fittings, thus, the firm is working on fixing these issues.

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

BW Offshore wraps up sale of FPSO

Norway’s FPSO operator BW Offshore has completed the sale of a floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed.

about 3 years ago
Illustartion; Source: Wood Mackenzie
Fossil Energy

Would permitting reform get rid of the red tape for U.S. energy infrastructure projects?

Wood Mackenzie believes permitting reform could be part of the solution to the strains created by rapid growth in renewables.

about 3 years ago
Illustration; Source: Westwood
Fossil Energy

With exploration farm-outs of higher risk wells being more common, Westwood urges buyers to beware

Westwood has advised buyers to be mindful of exploration farm-outs, after analysing the results of 419 high-impact exploration wells drilled outside the U.S. and Canada between 2017 and the end of October 2022.

about 3 years ago
Illustration; Source: Oil Spill Response Limited (OSRL)
Fossil Energy

Former BP exec joins Oil Spill Response Limited as CEO

Oil Spill Response Limited (OSRL) has welcomed a new CEO, who previously worked in various executive positions at BP.

about 3 years ago
Illustration; Source: Europa Oil & Gas
Fossil Energy

UK oil & gas player promotes from within to fill CEO role

UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas picked a new Chief Executive Officer (CEO), after its current one decided to resign.

about 3 years ago
Aker Solutions places major order with Spanish provider of umbilical tubes
Fossil Energy

Aker Solutions places major order with Spanish provider of umbilical tubes

Norwegian oilfield services provider Aker Solutions has selected Spain-headquartered Tubacex as the delivery partner for umbilical tubes for projects on the Norwegian Continental Shelf (NCS). Under the agreement, Tubacex will deliver a total of 1,000 kilometers of umbilical offshore tubes to Aker So

about 3 years ago
AHTS Far Sabre; Source: Solstad Offshore
Fossil Energy

Another vessel leaves Solstad’s fleet for new owner

Solstad Offshore has sold an anchor handling tug supply (AHTS) vessel to a buyer, whose identity has not been revealed.

about 3 years ago
Uranus rig; Source: Trillion Energy
Fossil Energy

With ‘abundance of gas pay’ uncovered, two more Black Sea wells coming online in March

Canada’s oil and gas player Trillion Energy has drilled another well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Illustration; Source: Wood Mackenzie
Fossil Energy

How is European and U.S. oil majors’ energy transition journey shaping up?

While the transition to low-carbon energy is making strides, the oil majors in Europe and the U.S. have made progress at a different pace.

about 3 years ago
Acteon launches cloud-based platform for subsea assets and data
Fossil Energy

Acteon launches cloud-based platform for subsea assets and data

UTEC, a Geo-services brand that is part of Acteon, has launched a cloud-based platform that gives the offshore energy industry a 360° visualization of subsea assets and data. Through iSite Subsea, users can source, view, manage and report on seabed, survey and asset data, as well as interrogate and

about 3 years ago
Illustration; Source: Rystad Energy
Fossil Energy

Offshore oil & gas set for growth with $214 bln of investments in the pipeline

With more than $200 billion of greenfield investments expected by 2025, the offshore oil and gas sector is expected to get back in the spotlight, says Rystad Energy.

about 3 years ago
Coast Guard Air Station New Orleans MH-60 Jayhawk helicopter aircrew flying to a platform approximately 40 miles south of Port Fourchon, Louisiana; Source: U.S. Coast Guard photo by Air Station New Or
Fossil Energy

Oil worker medevacked from offshore platform in U.S.

The U.S. Coast Guard (USCG) has performed an emergency evacuation via helicopter of a 37-year-old male worker from an oil platform located approximately 40 miles south of Port Fourchon, Louisiana.

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Fossil Energy

Equinor ready to spud Norwegian Sea prospect this month

Equinor has secured a drilling permit from Norway’s authorities for an exploration well in the Norwegian Sea, which will be drilled using one of Odfjell Drilling’s rigs.

about 3 years ago
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