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Fossil Energy

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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
Noble Developer rig; Source: Noble
Fossil Energy

As first well hits net oil-bearing pay off Brazil, second one gets the go-ahead

Karoon Energy has decided to drill the second well within an existing oil discovery off Brazil, following confirmation of net oil-bearing pay at the first well.

about 3 years ago
Africa Oil Corp.
Fossil Energy

Two ‘highly-prospective’ offshore blocks open doors to Equatorial Guinea for Canadian player

Africa Oil Corp. has entered into Equatorial Guinea, thanks to the inking of two production sharing contracts (PSCs) for two offshore blocks.

about 3 years ago
Survey for Southern North Sea gas project set for April
Fossil Energy

Survey for Southern North Sea gas project set for April

Belgium-based geo-data specialist GEOxyz has secured a contract with the oil and gas services provider Hartshead Resources, for a geophysical survey across the Anning and Somerville fields and inter-field pipeline locations in the Southern North Sea.

about 3 years ago
Caspian Explorer drilling vessel Source Caspian Sunrise
Fossil Energy

Drilling vessel gets new gig in Caspian Sea

Caspian Sunrise has won a new deal for the Caspian Explorer drilling vessel, enabling it to carry out work in the Caspian Sea.

about 3 years ago
Tripartite partnership pursuing European carbon capture and storage value chain
Fossil Energy

Tripartite partnership pursuing European carbon capture and storage value chain

Horisont Energi and Neptune Energy have signed a Memorandum of Understanding (MoU) with E.ON for the development of a European carbon capture and storage (CCS) value chain. With the agreement, Horisont Energi aims to strengthen the existing cooperation with E.ON, and by bringing in Errai partner Nep

about 3 years ago
Panoro Energy
Fossil Energy

More offshore acreage for UK firm in Equatorial Guinea

Panoro Energy has expanded its portfolio offshore Equatorial Guinea, following the award of a stake and operatorship in offshore Block EG-01.

about 3 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Fossil Energy

U.S. offshore rig count drops down a notch

Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. slipped down one unit last week.

about 3 years ago
Apollo buys into US Wind
Fossil Energy

In focus: Investments in oil, offshore wind hit a snag, while deals on new green vessels keep emerging

Even though it is an industry which is seeing major growth, European offshore wind saw no investments in an offshore wind farm in 2022 (except in a few small floating wind projects). Oil companies are also tip-toeing around new capital investments. Meanwhile, in the shipping sector, deals on new, gr

about 3 years ago
Vito platform in the U.S. Gulf of Mexico; Credit: Shell
Fossil Energy

First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico

Shell has brought on stream a deepwater project in the U.S. Gulf of Mexico, which has estimated recoverable resources of around 290 mboe.

about 3 years ago
Deepwater Atlas drillship; Source: Transocean (video)
Fossil Energy

WATCH: Transocean crew talks about first 8th-gen drillship’s voyage from shipyard to ops in Gulf of Mexico

Transocean has posted a short video, featuring the rig crew from the world’s first eighth-generation drillship, which is working in the Gulf of Mexico.

about 3 years ago
Illustration; Source: Westwood
Fossil Energy

Big oil to keep capital investment taps closed despite collecting $283 bln in 2022, says Westwood

Westwood looks into the conundrum concerning the cashflow and capex of five supermajors: BP, Shell, Chevron, ExxonMobil and TotalEnergies.

about 3 years ago
TechnipFMC to deliver subsea production systems for two Equinor fields
Fossil Energy

TechnipFMC to deliver subsea production systems for two Equinor fields

Norwegian state-owned energy giant Equinor has awarded TechnipFMC with contracts for the delivery of subsea production systems for two of its development projects located in the Norwegian Sea. The contracts, awarded under a framework agreement with Equinor, will see TechnipFMC supply and install sub

about 3 years ago
Ocean GreatWhite rig; Source: Stepwise
Fossil Energy

On a mission to curb rig emissions, Diamond Offshore joins forces with Norwegian firm

In a bid to reduce its carbon footprint and improve energy efficiency, Diamond Offshore, has teamed up with Norway’s Stepwise.

about 3 years ago
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