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Fossil Energy

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Shelf Drilling Scepter rig; Source: Shelf Drilling
Fossil Energy

ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has obtained multi-year assignments for three premium jack-up rigs and a contract extension for one drilling unit off the coast of Nigeria.

about 5 months ago
Illustration. Source: BOEM
Fossil Energy

Shipyard-based rig intake and inspection gigs on ModuSpec’s worksheet

MR Group’s ModuSpec, a rig and well control equipment specialist, has secured multiple shipyard rig intake projects, supporting drillship and jack-up readiness for deployment across Europe and Africa.

about 5 months ago
Troll - Equinor
Fossil Energy

New item added to Axess’ Norwegian oil & gas assignment with Equinor

Norway-headquartered asset integrity management company Axess Group has expanded its deal with Equinor, a compatriot state-owned energy giant, to include an additional scope of work in the Norwegian sector of the North Sea.

about 5 months ago
Rig move; Courtesy of ABL Group
Fossil Energy

ABL and PetroSafe pool resources in Egyptian energy landscape

ABL, part of Oslo-listed global consultancy group ABL Group, has joined forces with Egypt’s Petroleum Safety and Environmental Services Company (PetroSafe) to collaborate on technical performance solutions across Egyptian onshore and offshore energy assets.

about 5 months ago
Cost cuts unlocked as DeepOcean unifies two subsea operations into one
Fossil Energy

Cost cuts unlocked as DeepOcean unifies two subsea operations into one

DeepOcean has performed an inspection and 3D scanning of subsea infrastructure in a single operation rather than as two separate ones as typically done, at an offshore field in Senegal operated by Woodside Energy. DeepOcean has completed a full-field baseline subsea survey and a full 3D scan simulta

about 5 months ago
Illustration; Source: Saipem
Fossil Energy

With two new deals, Saipem’s contract value for Saudi field reaches $900 million

Saipem has secured two new offshore contracts with Saudi Arabia’s Aramco, worth approximately $400 million, adding to the $500 million award announced in February for the same project. Under the contract release purchase order (CRPO) reported two months ago, Saipem’s scope of work includes the engin

about 5 months ago
Stena DrillMAX drillship; Source: Stena Drilling
Fossil Energy

Stena Drilling’s drillship finds job in Greece

Scotland-headquartered offshore drilling contractor Stena Drilling has lined up a new assignment for its 2008-built mobile offshore drilling unit (MODU) off the coast of Greece.

about 5 months ago
BGN signs JV with CCEC for LNG carrier; Courtesy of BGN
Fossil Energy

UAE firm to enrich fleet with two LNG carriers by 2027, first vessel deal now in the bag

On a quest to expand its maritime operations by enlarging its fleet, Dubai-based independent energy and commodities trading group BGN has sealed a long-term liquefied natural gas (LNG) carrier (LNGC) charter with an affiliate of Capital Clean Energy Carriers (CCEC).

about 5 months ago
CCS exploration drilling ops cleared for launch offshore Japan
Fossil Energy

CCS exploration drilling ops cleared for launch offshore Japan

On a mission to support carbon capture and storage (CCS), Metropolitan CCS, a joint venture (JV) between Inpex Corporation and Kanto Natural Gas Development, has secured the green light from Japan’s Minister of Economy, Trade and Industry to undertake exploratory drilling offshore Kujukuri along the

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

Samsung Heavy Industries handpicks GTT for LNG vessel’s tank design

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

about 5 months ago
Illustration; Credit: Morten Berentsen/NOD
Fossil Energy

Norway eyes enhanced oil & gas recovery projects to boost production

Given its aim to increase oil and gas output on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has spotlighted the use of advanced methods as a solution to curb production decline.

about 5 months ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Fossil Energy

Vår Energi unveils $360 million investment in Barents Sea field

Norwegian oil and gas player Vår Energi has handed out a revised plan for development and operation (PDO) of a project in the Barents Sea to Norway’s Ministry of Petroleum and Energy to enable higher production for longer from an offshore field.

about 5 months ago
FSRU conversion works for EemsEnergyTerminal are now underway; Source: Exmar
Fossil Energy

Exmar embarks on FSRU conversion job for Dutch LNG terminal

Belgian shipping company Exmar has started the conversion works for a new floating storage regasification unit (FSRU) destined for the expansion of a liquefied natural gas (LNG) terminal in the Netherlands.

about 5 months ago
AF Gruppen buys Acteon business to expand its decom and offshore wind offering
Fossil Energy

AF Gruppen buys Acteon business to expand its decom and offshore wind offering

Norway’s AF Gruppen is acquiring Aberdeen-headquartered Claxton, a provider of technology-driven services and engineering primarily within offshore decommissioning, from the UK-headquartered Acteon Group for an agreed enterprise value of £63.5 million (around €72.8 million). The transaction comprise

about 5 months ago
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