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Fossil Energy

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BP’s three incoming hydrocarbon projects to watch in 2023
Fossil Energy

BP’s GTA LNG project reaches new development stage

UK-headquartered energy major BP and partners have confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project off the coasts of Mauritania and Senegal. The partnership, which includes BP, PETROSEN, Société Mauritanienne

about 3 years ago
Subsea orders uplift TechnipFMC's backlog to $9.4 billion
Fossil Energy

Subsea orders uplift TechnipFMC’s backlog to $9.4 billion

TechnipFMC has reported full-year inbound orders of $8.1 billion for 2022, a 20 per cent increase compared to 2021, said to be driven by $6.7 billion in orders from the Subsea segment. In Q4 2022, the total company revenue was $1,694.4 million, with an adjusted EBITDA, which excludes pre-tax charges

about 3 years ago
Northern European partners hand in application for CO2 storage project off Norway
Fossil Energy

Northern European partners hand in application for CO2 storage off Norway

Neptune Energy, Sval Energi and Storegga have submitted an application for a CO2 storage project in the Norwegian North Sea which has the potential to store up to 225 million tonnes of CO2. The application was submitted to the Norwegian Ministry of Petroleum and Energy following the announcement of

about 3 years ago
U.S. Bureau of Safety and Environmental Enforcement (BSEE)
Fossil Energy

After worker fractures multiple teeth, U.S. regulator comes up with several recommendations

Following a review of the circumstances surrounding an injury, BSEE has revealed multiple recommendations for oil and gas operators and contractors.

about 3 years ago
Vela drillship (for illustration); Source: Aquadrill (former Seadrill Partners)
Fossil Energy

U.S. offshore rig count hits the brakes

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States came to a stop and remained unchanged last week.

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Fossil Energy

Bad weather hampers Australian FPSO’s timeline for production restart

Singapore’s Jadestone Energy has revealed that severe weather conditions have delayed the restart of production from an FPSO operating at a field in the Timor Sea off Australia.

about 3 years ago
Illustration. Source: BOEM
Fossil Energy

Stage set to hold U.S. Gulf of Mexico oil & gas lease sale next month

BOEM has published a final notice to hold the next offshore oil and gas lease sale for acreage in the Gulf of Mexico in March 2023.

about 3 years ago
In Focus: Lowering the environmental footprint of the offshore energy sector
Fossil Energy

In Focus: Lowering the environmental footprint of the offshore energy sector

Lowering the environmental footprint of the offshore energy sector – a key concern in the 21st century – plays a huge role in combating the climate change. Energy efficiency, carbon storage, renewable energies and alternative fuels are just some of the ways to tackle this problem. A few of the lates

about 3 years ago
Constellation vessel; Source: Saipem
Fossil Energy

Saipem turns to biofuels for its drilling and construction fleet

Saipem is pooling resources with Eni to add renewable fuels to its arsenal, which would be used for its drilling and construction vessels.

about 3 years ago
Singaporean firm to refurbish and sell nine newly-purchased vessels
Fossil Energy

Singaporean firm to refurbish and sell nine newly-purchased vessels

Singapore’s offshore services provider Kim Heng has entered into Memoranda of Agreement (MoA) for the acquisition of nine vessels for a total consideration of approximately $9.28 million. Ruhm Mazu Sdn Bhd, a 49 per cent owned indirect subsidiary of Kim Heng, entered into agreements to purchase four

about 3 years ago
Vahall DP jacket toppling; Source: Aker Solutions (video)
Fossil Energy

Watch start of jacket toppling ops for old North Sea platform at Aker Solutions’ yard

Aker Solutions is about to recycle the 7,900 tonnes of steel foundation from an old drilling platform, which was used at an oil field in the North Sea.

about 3 years ago
Subsea 7 pipelay support vessel stays with Petrobras
Fossil Energy

Subsea 7 pipelay support vessel stays with Petrobras

Subsea 7 has secured a contract extension with Brazilian oil and gas giant Petrobras for one of its pipelay support vessels (PLSVs). The agreement extends the existing contract for Seven Cruzeiro from February until November this year. Daniel Hiller, Vice President Brazil at Subsea 7, said: “This ex

about 3 years ago
FPSO Prosperity; Source: Keppel Offshore & Marine
Fossil Energy

Two SBM Offshore’s FPSOs slated for first oil in 2023

SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.

about 3 years ago
Diamond Offshore’s Ocean GreatWhite rig; Source: Ferguson Transport & Shipping (video)
Fossil Energy

WATCH: Diamond Offshore’s giant semi-sub rig getting ready for its North Sea job

Diamond Offshore’s Ocean GreatWhite rig is in the process of wrapping up its preparations for its upcoming assignment in the North Sea.

about 3 years ago
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