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Fossil Energy

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UK well construction cementing firm changes hands
Fossil Energy

UK well construction cementing firm changes hands

UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand Expro’s well cons

about 3 years ago
Chevron allocates $26 million for Australian CCS research projects
Fossil Energy

Chevron allocates $26 million for Australian CCS research projects

Chevron Australia, an affiliate of US-based energy giant Chevron, has committed a combined A$38 million (around US$26.5 million) to contribute to carbon capture and storage (CCS) research projects in Western Australia and Victoria. The contribution aims to advance knowledge of the critical emissions

about 3 years ago
Stockholders endorse Talos-EnVen merger
Fossil Energy

Stockholders endorse Talos-EnVen merger

Houston-based oil and gas company Talos Energy has received stockholder approval for the acquisition of EnVen Energy Corporation, a private operator in the deepwater U.S. Gulf of Mexico. The deal is expected to double Talos’ operated deepwater facility footprint. Talos Energy announced on 8 February

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

New oil discovery in North Sea ‘not profitable’ at this moment in time

Norwegian oil and gas player Aker BP has made a new oil discovery in the North Sea off Norway, using a Saipem-owned rig.

about 3 years ago
2003-built Solstad PSV finds new owner
Fossil Energy

20-year-old Solstad PSV finds new owner

Solstad Rederi, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, has sold one of its platform supply vessels (PSVs). The new owner, whose name Solstad did not disclose, took over the 88.8-meter-long PSV Normand Flipper on 9 February. The vessel was built in 2003 and is of UT

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

Green light for Norwegian oil & gas player to spin the drill bit at North Sea prospect

Wellesley Petroleum has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea.

about 3 years ago
Illustration; Source: Shell
Fossil Energy

Shell says derivative action attempt against its board over climate risk has ‘no merit’

With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.

about 3 years ago
Equinor
Fossil Energy

While contributing to Europe’s energy security, Equinor rakes in all-time high profits

Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.

about 3 years ago
Petrogas picks provider of umbilicals for gas fields in Dutch North Sea
Fossil Energy

Petrogas picks umbilicals provider for North Sea gas fields

JDR, part of TFKable Group, has secured a contract from Petrogas E&P Netherlands for the supply of two umbilicals for offshore conventional gas fields in the Netherlands. The A15 and B10 fields are located in quads A and B, in a shallow water depth of 115 feet, and are expected to recover 17.25 Mmbo

about 3 years ago
Buzzard oil & gas field in the UK North Sea
Fossil Energy

Green Volt on track to power UK oil & gas platforms by mid-2020s

Flotation Energy and Vårgrønn have submitted a Marine Licence application for the Green Volt floating offshore wind farm. This consent application could allow the project to start generating power in the mid-2020s, making it the most advanced oil and gas decarbonisation project in the UK, the develo

about 3 years ago
Noble Valiant drillship; Source: Noble Corp
Fossil Energy

TotalEnergies racks up ‘substantial resources’ for potential oil development off Suriname

TotalEnergies has completed the drilling and a flow test at an appraisal well in Block 58 offshore Suriname, encountering oil and adding additional resource potential towards establishing a black oil development hub.

about 3 years ago
Reach Subsea books Olympic Subsea vessel for decommissioning gig
Fossil Energy

Reach Subsea books Olympic Subsea vessel for decommissioning gig

Norway’s Reach Subsea has secured a contract and vessel capacity to deliver a decommissioning scope in the North Sea for an undisclosed client. The contract represents about 40 project days for execution in the first quarter of the year and will see the utilization of the vessel Olympic Delta. Reach

about 3 years ago
Transocean Enabler rig; Photo: Transocean
Fossil Energy

Fresh oil discovery in Barents Sea

Norwegian oil and gas player Vår Energi has made a new oil discovery in the Barents Sea off Norway, using a Transocean-owned rig.

about 3 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Fossil Energy

New oil & gas discovery in North Sea with tie-back on the horizon

Norwegian state-owned energy giant Equinor has made a new commercial oil and gas discovery in the North Sea off Norway, using a Transocean-owned rig.

about 3 years ago
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