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Fossil Energy

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Troll B platform; Credit: Øyvind Hagen/Equinor
Fossil Energy

Fresh oil & gas discovery in North Sea brings another Troll tie-back to the table

Equinor has made a new oil and gas discovery near the Fram field in the North Sea off Norway, using an Odfjell Drilling-owned rig. This is Equinor’s eighth discovery in the area since 2019.

about 3 years ago
AHTS Normand Statesman; Source: Ocean Yield
Fossil Energy

Two vessels score long-term bareboat charters

Norwegian shipowner Ocean Yield has secured new bareboat charters with purchase obligations for two anchor handling tug supply (AHTS) vessels.

about 3 years ago
FPSO Alvheim; Source: Aker BP
Fossil Energy

Aker BP brings North Sea field on stream

Aker BP has kicked off production from a field in the North Sea off Norway, after fast-tracking the development to achieve the first oil.

about 3 years ago
Aramco
Fossil Energy

Saudi giant’s profit skyrockets to whopping $161.1 bln with oil & gas seen as ‘essential’ in energy arsenal

Aramco has posted its highest annual profit ever as a listed company, totalling $161.1 billion, amid high demand, tight supply and elevated oil and gas prices.

about 3 years ago
Pacific Khamsin drillship; Source: Equinor
Fossil Energy

U.S. regulator says lack of training played a part in fatality aboard drillship in Gulf of Mexico

Following the investigation report about a fatality aboard a drillship in the Gulf of Mexico, BSEE has outlined that the lack of training with hydraulic torque wrench contributed to the fatality.

about 3 years ago
A wind turbine at the Block Island Offshore Wind Farm with a U.S. flag on a vessel visible in the right corner
Fossil Energy

U.S. President proposes more money for offshore wind activities and no tax subsidies for oil & gas in 2024 budget

On 9 March, the Biden-Harris administration released the President’s Budget for Fiscal Year (FY) 2024, with funds for federal agencies’ activities in offshore wind proposed to be increased. The budget also supports the agencies’ work on the next National OCS Oil and Gas Leasing Program, however, in

about 3 years ago
Reach Subsea to deliver its services to Equinor under multiyear deal
Fossil Energy

Reach Subsea to deliver its services to Equinor under multiyear deal

Norwegian state-owned energy giant Equinor has awarded Reach Subsea with a multiyear frame agreement for work on the Norwegian continental shelf (NCS) and internationally. The three-year frame agreement covers all core activities for Reach Subsea, including installation support, seabed intervention,

about 3 years ago
Illustration; Source: Transocean
Fossil Energy

U.S. offshore rig count moves down a couple of notches

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down by two units last week.

about 3 years ago
Illustration; Source: Shell
Fossil Energy

Shell hires Kongsberg to digitalise its global assets

Kongsberg Digital has been hired by Shell Global Solutions International to handle the digitalisation of the oil major’s global assets with digital twin technology.

about 3 years ago
Brazil's first as Fugro and Petrobras complete remote subsea inspection survey
Fossil Energy

Brazil’s first as Fugro and Petrobras complete remote subsea inspection survey

Dutch geo-data specialist Fugro and Brazilian oil and gas giant Petrobras have completed what they said is the first-ever remote subsea inspection survey off the coast of Brazil. Fugro used a remotely operated vehicle (ROV) deployed from the Fugro Aquarius to conduct the survey. Office-based personn

about 3 years ago
Havila Borg; Source: Havila
Fossil Energy

Havila bags long-term extension deals for two PSVs

Norwegian offshore vessel operator Havila Shipping has secured contract extensions for two of its platform supply vessels (PSVs).

about 3 years ago
NPCC picks Wärtsilä’s tech to optimize fleet performance
Fossil Energy

NPCC picks Wärtsilä’s tech to optimize fleet performance

Finnish technology company Wärtsilä has signed a five-year optimised maintenance agreement with National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Group (NMDC Group).

about 3 years ago
Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate
Fossil Energy

In focus: Carbon capture and storage projects gain worldwide momentum

Carbon capture and storage (CCS) projects are increasingly gaining more prominence in the race to make the world cleaner and more sustainable, driven by the interest from some of the most important offshore energy players.

about 3 years ago
North Abu Qir PIII (NAQ PIII) platform; Source: Energean
Fossil Energy

First gas flows from project off Egypt

Energean has achieved the first gas from a well located offshore Egypt while the remaining wells are expected to come online later this year.

about 3 years ago
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