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Fossil Energy

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Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and

about 5 months ago
Mermaid Maritime continues global expansion with joint venture in Brunei
Fossil Energy

Mermaid Maritime continues global expansion with joint venture in Brunei

After establishing joint venture companies in Taiwan and Equatorial Guinea, Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has done the same in Brunei. The primary activities of the entity named Serikandi Mermaid SDN BHD are offshore tran

about 5 months ago
Seatrium yard; Source: Seatrium
Fossil Energy

Seatrium ticks tugboat fleet sale off non-core asset divestment list

Singapore-based offshore, marine, and energy solutions provider Seatrium has brought to a close the disposal of its tugboat fleet as it continues its mission to part ways with non-core assets in its portfolio.

about 5 months ago
Saipem rigs get new drilling jobs worth $800 million
Fossil Energy

Saipem’s drillship tasked with appraising Namibia’s light oil discovery

African energy exploration player Rhino Resources has booked a drillship from Italy’s Saipem to undertake appraisal activities at a light oil-bearing reservoir discovery made during a drilling campaign on Block 2914 in the Orange Basin off the coast of Namibia.

about 5 months ago
Illustration; Source: Archer
Fossil Energy

Multimillion-dollar extension keeps Archer busy in Norway for three more years

Oslo Stock Exchange-listed oil services company Archer has won a multi-year contract extension with Norway’s state-owned energy giant Equinor for work on the Norwegian Continental Shelf (NCS).

about 5 months ago
Transocean Enabler rig at sea
Fossil Energy

Equinor picks up permit for drilling ops with Transocean rig

Norway’s state-owned energy giant Equinor has obtained a drilling permit for operations in the Barents Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 5 months ago
FPSO BW Opal; Source: Santos
Fossil Energy

Australian FPSO production ramp-up on Santos’ agenda next week

Australia’s energy player Santos has disclosed a timeline for a production increase following a restart of output from a floating production, storage, and offloading (FPSO) vessel deployed at its gas project off the coast of Australia’s Northern Territory.

about 5 months ago
LNG operation; Source: Excelerate Energy
Fossil Energy

Argentina’s FSRU lines up LNG cargo from Naturgy

A floating storage and regasification unit (FSRU), said to be Argentina’s second liquefied natural gas (LNG) receiving facility, is restocking its arsenal with a new LNG cargo from Naturgy Aprovisionamientos.

about 5 months ago
LNG vessel; Source: GTT
Fossil Energy

French firm gets more work with Samsung Heavy Industries for LNG vessel pair

French technological containment specialist Gaztransport & Technigaz (GTT) has secured new tank design assignments for a liquefied natural gas (LNG) carrier (LNGC) duo with South Korea’s Samsung Heavy Industries.

about 5 months ago
Illustration; Source: Woodside
Fossil Energy

Court case ends in settlement with Woodside and Greenpeace agreeing to foot their own bills

Australian energy giant Woodside and Greenpeace Australia Pacific (GAP), an independent campaigning organization, have reached a settlement in an emissions lawsuit, which has now been dismissed in the Federal Court of Australia.

about 5 months ago
Illustration; Source: Novatek
Fossil Energy

EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net ar

about 5 months ago
Illustration; Source: Brava Energia
Fossil Energy

Ecopetrol widens presence on Brazil’s oil & gas scene with stake in Brava Energia

Colombia’s state-owned oil and gas company Ecopetrol has taken a step to expand its footprint in Brazil’s energy landscape with a move that will enable it to get an equity interest in the country’s oil and gas player Brava Energia.

about 5 months ago
QatarEnergy and ExxonMobil’s $10B US project exports first LNG cargo
Fossil Energy

QatarEnergy and ExxonMobil’s $10B US project exports first LNG cargo

Some 24 days after achieving first LNG production from the first of three planned trains, QatarEnergy and ExxonMobil’s liquefied natural gas (LNG) project in Texas, the U.S., has exported its first LNG cargo. It was reported today, April 23, that the first LNG cargo from the Golden Pass LNG project

about 5 months ago
Two US players merge into ‘premier integrated offshore services company’
Fossil Energy

Two US players merge into ‘premier integrated offshore services company’

Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have entered into a definitive agreement to combine in an all-stock transaction, establishing what they say will become a pr

about 5 months ago
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