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Fossil Energy

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Oil & gas ‘supercycle’ pushes Saipem’s offshore activity up, bringing record-quarterly revenue
Fossil Energy

Oil & gas ‘supercycle’ pushes Saipem’s offshore activity up, bringing record-quarterly revenue

Saipem has posted the highest quarterly revenue since the fourth quarter of 2015, driven by sizeable awards for its offshore business.

about 4 years ago
Deepwater Atlas drillship - Transocean
Fossil Energy

Transocean’s first 8th-gen drillship kicks off its inaugural contract in Gulf of Mexico

Transocean has revealed that its first 8th-generation drillship has just started its inaugural contract in the Gulf of Mexico.

about 4 years ago
Offshore Energy Exhibition & Conference
Fossil Energy

TotalEnergies and Shell join first Hydrogen Area at Offshore Energy Exhibition & Conference

Offshore Energy Exhibition & Conference 2022, coming up on 29 and 30 November in Amsterdam, will feature a Hydrogen Area for the first time, with TotalEnergies, Strohm, Green Team Twente, Shell, and TU Delft Hydro Motion Team set to join this inaugural moment for Offshore Energy and Navingo BV.

about 4 years ago
TotalEnergies’ profit soars on high gas prices
Fossil Energy

TotalEnergies’ profit soars on high gas prices

TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter of 2022 on a year-on-year basis.

about 4 years ago
Shell sees lower profits in Q3 2022
Fossil Energy

Shell sees ‘robust’ profits

Shell has recorded higher profits in 3Q 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets.

about 4 years ago
Shell eyes potential carbon capture and storage hub in Southeast Asia
Fossil Energy

Shell eyes potential carbon capture and storage hub in Southeast Asia

Shell will explore carbon transport and storage options in Brunei & Singapore, which could be part of a potential CCS hub in Southeast Asia.

about 4 years ago
Baltic Pipe to supply gas to Danish offshore wind major
Fossil Energy

Equinor to supply gas to Ørsted via Baltic Pipe

Danish Ørsted, said to be the world’s leading offshore wind developer, and Norway’s energy giant Equinor have entered into an agreement under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe from 1 January 2023 to 1 April 2024. The total volumes of gas supplied during the period wi

about 4 years ago
Odfjell rig to spin the drill bit in Norwegian Sea for Neptune
Fossil Energy

Green light for Neptune to spin the drill bit in Norwegian Sea

Neptune Energy has secured two types of permits from Norwegian authorities for drilling operations in the Norwegian Sea.

about 4 years ago
Enauta shuts down production from Brazilian well ahead of drilling campaign
Fossil Energy

Enauta shuts down production from Brazilian well ahead of drilling campaign

Enauta has interrupted production from a well located on a field offshore Brazil ahead of the original schedule.

about 4 years ago
C-Innovation takes light construction vessels to Gulf of Mexico
Fossil Energy

C-Innovation takes light construction vessels to Gulf of Mexico

C-Innovation (C-I) has signed a multi-year contract with a “major operator” in the Gulf of Mexico for the New Well Delivery Program and inspection, repair and maintenance (IRM) services. Two light construction vessels will be deployed, with C-Constructor supporting the New Well Delivery Program and

about 4 years ago
FPSO Raroa operating at the Maari field; Source: MODEC
Fossil Energy

With no regulatory approval in sight, Jadestone pulls out of oil project acquisition off New Zealand

Jadestone Energy has decided to terminate the deal to acquire operatorship and interest in an oil field project located offshore New Zealand.

about 4 years ago
Energean Power FPSO - Karish field - Israel
Fossil Energy

Energean produces first gas from Karish field off Israel

Oil and gas company Energean has confirmed that the first gas has been delivered at its operated Karish field, located offshore Israel.

about 4 years ago
Saudi giant unveils $1.5bn sustainability fund to support ‘stable and inclusive’ energy transition
Fossil Energy

Saudi giant unveils $1.5 bln fund to support ‘stable and inclusive’ energy transition

Saudi Aramco has created a $1.5 billion sustainability fund to encourage investment in technology needed to support the energy transition.

about 4 years ago
Stena Carron drillship
Fossil Energy

ExxonMobil adds two more Guyana discoveries to its portfolio

ExxonMobil has made two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana.

about 4 years ago
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