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Fossil Energy

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Oil & GasRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersAuthorities & GovernmentEnvironmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationTransitionSubseaSurveys & InterventionsClean FuelLNGInfrastructureEquipmentSafetyFPSOFPSO & VesselsDecommissioningTechnology
Valaris 118, formerly known as Joe Douglas; Source: BP
Fossil Energy

Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023

Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Fossil Energy

IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

about 3 years ago
West Tellus drillship; Source: Seadrill
Fossil Energy

Seadrill drillship starts work off Brazil

Seadrill has confirmed that one of its drillships kicked off its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras.

about 3 years ago
Seismic surveys for gas exploration offshore Greece reach finish line
Fossil Energy

Seismic surveys for gas exploration offshore Greece reach finish line

A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T

about 3 years ago
Leviathan partners set the ball rolling for Israeli floating LNG terminal
Fossil Energy

Leviathan partners set the ball rolling for Israeli floating LNG terminal

Partners in the Leviathan gas field offshore Israel have approved budgets for 2023 which include nearly $100 million for the expansion of the existing infrastructure and preparation of the future floating LNG terminal. Said to be the largest energy project in Israel’s history, the deep-sea field sta

about 3 years ago
Illustration; Source: NPD; Credit: Morten Berentsen
Fossil Energy

Norway sees lower oil and higher gas output in January

Norway’s oil & gas output in January 2023 is lower than in December 2022, but the gas production is still higher than last year and NPD’s predictions.

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

Following offshore worker’s injury in Gulf of Mexico, BSEE sets forth five recommendations

BSEE has outlined five recommendations for oil and gas operators that could assist in avoiding potential incidents on the Outer Continental Shelf (OCS).

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

Norwegian oil & gas firm all set to spud North Sea wildcat

Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Fossil Energy

Aker BP gets all-clear to drill North Sea prospect with Saipem rig

Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
TechnipFMC scores another contract with TotalEnergies in Angola
Fossil Energy

TechnipFMC scores another contract with TotalEnergies in Angola

TechnipFMC has secured a “significant” contract with TotalEnergies EP Angola for the supply of flexible pipe and associated hardware for a life extension project. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFE

about 3 years ago
Triton FPSO; Source: Tailwind
Fossil Energy

UK player brings online tie-back to North Sea FPSO

Tailwind Energy has started production from a well in the UK Central North Sea, which has been tied back to the Triton FPSO.

about 3 years ago
Rovco completes decommissioning ops offshore UK
Fossil Energy

Rovco completes decommissioning ops offshore UK

Rovco, a UK provider of subsea robotics and integrated survey, has completed a contract awarded by decommissioning services provider Well-Safe Solutions to support its well plug and abandonment decommissioning operations in the Southern North Sea.

about 3 years ago
Perenco to build LNG production unit in Gabon
Fossil Energy

Perenco to build LNG production unit in Gabon

Anglo-French oil and gas player Perenco has taken a final investment decision (FID) for the construction of a liquefied natural gas (LNG) production unit in Gabon. The LNG plant will be built at the Cap Lopez oil terminal that Perenco acquired from TotalEnergies in 2021. The planned LNG production u

about 3 years ago
Zentech
Fossil Energy

U.S. player gets work on rig conversion project covering three jack-ups

New Fortress Energy (NFE) has awarded an engineering and project management contract for the conversion of three jack-up rigs to Zentech.

about 3 years ago
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