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Fossil Energy

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Sleipnir and Johan Castberg FPSO
Fossil Energy

Johan Castberg FPSO is now complete, Equinor says

The world’s largest crane vessel has installed the last two pieces of the puzzle needed to make the Johan Castberg FPSO complete.

about 4 years ago
Dolphin Drilling takes steps to reap benefits from ‘tight rig market’ and improved day rates
Fossil Energy

Dolphin Drilling raises $45 million for rig mobilisation & reactivation

Dolphin Drilling has undertaken an equity issue to take advantage of increased day rates in the offshore drilling market.

about 4 years ago
Russia keeps Nord Stream 1 shut, no hints of reopening
Fossil Energy

Russia keeps Nord Stream 1 shut, no hints of reopening

Russia’s state-owned gas company Gazprom has not reopened the Nord Stream 1 pipeline as planned due to “technical problems” and has not revealed when this major gas flow to Europe will start again. Gas deliveries via Nord Stream 1 from Russia to Germany closed on 31 August due to maintenance and the

about 4 years ago
Transocean Barents rig
Fossil Energy

Regulator lays charges against Transocean over rig incident

Canadian offshore regulator has laid charges against Transocean related to an incident on one of the contractor’s rigs back in September 2019.

about 4 years ago
In focus: Emerging renewable energy projects to cushion effects of global energy crisis
Fossil Energy

In focus: Emerging renewable energy projects to cushion effects of global energy crisis

With the global energy crisis unfolding and energy prices soaring, governments and companies are ramping up investments in renewables, energy efficiency and clean technologies.

about 4 years ago
Ruby FPSO heading to India - Samsung Heavy
Fossil Energy

As first production draws near, new FPSO sails away to India’s deepwater gas project

A new FPSO has started its journey from South Korea to India to work on a project for partners Reliance and BP. The project is expected to significantly boost the country’s gas output.

about 4 years ago
Veslefrikk field in the North Sea - Equinor
Fossil Energy

North Sea platform reaches recycling yard

After 30 years in the North Sea, Equinor’s Veslefrikk B platform has now reached a yard where it will be recycled.

about 4 years ago
Two Brazilian oil & gas players unveil merger plans
Fossil Energy

Two Brazilian oil & gas players unveil merger plans

Brazilian oil and gas company PRIO, formerly known as PetroRio, has inked a deal to combine with a compatriot firm Dommo Energia.

about 4 years ago
Court finds Shell’s exploration right in South Africa ‘unlawful’
Fossil Energy

Court finds Shell’s exploration right in South Africa ‘unlawful’

The High Court in Makhanda has ruled that Shell’s exploration right to conduct seismic surveys on the Wild Coast of South Africa was granted unlawfully, setting it aside and putting an end to the months-long battle between climate activists and the oil major. The case sought to review the exploratio

about 4 years ago
Lucius - Gulf of Mexico
Fossil Energy

Japanese firm gets rid of its interest in two deepwater Gulf of Mexico fields

Inpex has gotten rid of its interest in two fields located in the U.S. Gulf of Mexico by transferring it to project partners.

about 4 years ago
Two Norwegian Sea wells on Equinor’s drilling agenda for November
Fossil Energy

Two Norwegian Sea wells on Equinor’s drilling agenda for November

Equinor has secured a drilling permit from the country’s authorities for two wells located in the Norwegian Sea.

about 4 years ago
Pioneering Spirit vessel - Allseas
Fossil Energy

The largest single UK decom job to date goes to Pioneering Spirit

Allseas has been awarded a major decommissioning contract by TAQA UK for the removal and disposal of multiple Northern North Sea facilities.

about 4 years ago
Study uncovers four potential electrification paths for oil & gas assets
Fossil Energy

Study uncovers four potential electrification paths for oil & gas assets

A study, undertaken to assess potential routes for electrification of oil and gas platforms, has found four options to make this happen.

about 4 years ago
Valaris 247
Fossil Energy

Valaris to bag nearly $150 million from new contract awards

Offshore drilling contractor Valaris has revealed new contracts and contract extension awards, with an associated backlog of $149 million.

about 4 years ago
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