Fossil Energy
Ulstein develops its first hydrogen-powered offshore vessel design
Ulstein has developed a hydrogen-powered ship design, offering zero-emission marine operations for the offshore construction market.
Shelf Drilling reports 3Q loss. Boosts contract backlog
Jack-up drilling company Shelf Drilling saw its third quarterly loss widen, however, the CEO is optimistic about upcoming rig contract beginnings.
New North Sea oil and gas company created by former Faroe boss intends to float
Longboat Energy, a new player created by the former management team of Faroe Petroleum, has announced its intention to proceed with an initial public offering to raise gross proceeds of up to £10 million.
Norway approves ConocoPhillips’ Tor 2 development plan
The Norwegian Ministry of Petroleum and Energy has approved ConocoPhillips’ development plan for the Tor 2 oil field offshore Norway.
Saipem gets another subsea job on ExxonMobil’s Guyana project
Saipem has been awarded a subsea contract by ExxonMobil for the proposed Payara development project located in the Stabroek block offshore Guyana.
Baron Oil in reverse takeover of Singapore-based E&P company
UK-based oil and gas company Baron Oil has made a move to acquire a Singapore-based private E&P company, SundaGas, in a reverse takeover transaction.
JDR to supply cables for wind project to power oil and gas platforms
JDR Cable Systems, part of the TFKable Group, has signed a contract with Equinor for the Hywind Tampen offshore wind farm development.
Swire Pacific to close Swire Seabed’s operations in Bergen
Swire Pacific Offshore will be closing its wholly-owned subsidiary, Swire Seabed, and its three associated companies in Bergen, Norway.
Chrysaor exercises option to buy stakes in OKEA’s two Norwegian licenses
Private UK-based oil company Chrysaor’s has exercised an option to buy stakes in OKEA’s Grevling and Storskrymten discoveries offshore Norway.
Energean set to start drilling at Zeus well off Israel
Greek oil and gas company Energean has decided to drill the Zeus exploration well offshore Israel.
Solstad Offshore bags long-term deal for Normand Clipper CSV
Norwegian offshore vessel owner Solstad Offshore has secured a contract for its Normand Clipper construction support vessel.
TechnipFMC to sell subsea vessel
TechnipFMC has announced its intent to sell the G1201 vessel as part of its overall strategy to optimize the profile and size of its subsea fleet.
Seabed Geosolutions sells Ocean Bottom Cable equipment
Seabed Geosolutions has sold its shallow-water ocean bottom cable (OBC) recording equipment for around US$ 10 million.
Siem’s platform supplier to work for Wintershall Dea off Norway
German oil and gas company Wintershall Dea has awarded a charter contract to Norwegian shipping company Siem Offshore for one of its platform supply vessels.