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Fossil Energy

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FPSO & VesselsOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersRegulation & PolicyRules & RegulationCarbon Capture Usage & StorageCollaborationEnvironmentOutlook & StrategyTransitionRigsClean FuelSubseaVisionSeismicSurveys & InterventionsHydrogenOther FuelsResearch & Development
FSO Palanca; Source: Stapem Offshore
Fossil Energy

Delays hinder UK oil & gas player’s entry into Angola but offshore blocks’ potential seen as silver lining

Afentra plc has run into delays in completing deals with Sonangol and INA, which will allow it to acquire interests in blocks offshore Angola.

about 3 years ago
Talos Energy
Fossil Energy

Carbon storage project spreads its wings onshore positioning itself as ‘one of the largest’ in U.S.

A carbon capture and sequestration (CCS) project located along the Texas Gulf Coast, has expanded its carbon dioxide (CO2) storage footprint.

about 3 years ago
West Capella drillship; Source: Aquadrill (Seadrill Partners)
Fossil Energy

Drillship lands work in East Africa

Aquadrill, formerly known as Seadrill Partners, and Vantage Holdings’ subsidiary have reached an agreement to provide a sixth-generation drillship for operations in East Africa.

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

Court scrutiny underway for $12 billion oil & gas project off Canada

The saga surrounding the development of a controversial Bay du Nord offshore oil project located in Canada continues with a court challenge.

about 3 years ago
Valaris DS-8 drillship; Source: Wartsila
Fossil Energy

Valaris finds work for stacked drillship and two more rigs

Offshore drilling contractor Valaris has secured new contracts for two drillships, including a stacked one, and a jack-up rig.

about 3 years ago
Five companies in line for carbon storage acreage in Norway's water
Fossil Energy

Five companies in line for carbon storage acreage in Norway’s waters

The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul

about 3 years ago
Transocean's Deepwater-Invictus (for illustration purposes); Source: BHP
Fossil Energy

International offshore rig count takes a nosedive

Baker Hughes’ international rig count report shows that the number of offshore rigs took a downturn in February 2023, slipping by 4 units, compared to last month.

about 3 years ago
West Hercules rig (for illustration purposes); Source: Seadrill
Fossil Energy

U.S. offshore rig count slips a notch

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States dropped down by one unit last week.

about 3 years ago
Seismic survey begins over Namibian offshore license
Fossil Energy

Seismic survey begins over Pancontinental’s license off Namibian coast

Norway’s seismic company PGS has commenced a 3D seismic survey over a license offshore Namibia on behalf of Pancontinental Orange, a wholly owned subsidiary of Pancontinental Energy NL. PGS is carrying out the 3D survey over a planned area of approximately 6,800 square kilometers in block PEL 87 usi

about 3 years ago
Noble Hans Deul jack-up rig; Source: Noble Corporation
Fossil Energy

Shelf Drilling rig spins the drill bit at UK North Sea well

IOG plc has started drilling the second Blythe production well, as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea.

about 3 years ago
Sintana Energy
Fossil Energy

Woodside eyes offshore acreage close to Shell and TotalEnergies’ discoveries in Namibia

Woodside has entered into a deal with Pancontinental, enabling it to get an exclusive option to acquire a stake in a licence off Namibia.

about 3 years ago
Namaka Subsea gets to work with Petronas
Fossil Energy

Namaka Subsea gets to work with Petronas

Malaysian energy company Petronas has awarded consulting company Namaka Subsea with a contract for the provision of diving contractor and competency assurance services. “We are thrilled to have been selected by Petronas for this contract,” said Namaka Subsea’s Managing Director, Lee Duncan. “This is

about 3 years ago
ADNOC and Eni ally on clean energy and sustainability
Fossil Energy

ADNOC and Eni ally on clean energy and sustainability

The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore

about 3 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Fossil Energy

Shell makes another deepwater oil discovery offshore Namibia

Shell has made a new oil discovery in an exploration well offshore Namibia with Northern Ocean’s Deepsea Bollsta semi-submersible rig.

about 3 years ago
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