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Fossil Energy

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Oil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersRegulation & PolicyRules & RegulationRigsDecommissioningCollaborationEnvironmentInfrastructureOutlook & StrategyVesselsFPSO & VesselsSafetyTechnologyOperations & MaintenanceHuman CapitalMarket OutlooksPorts & LogisticsTransition
‘Key milestone’ under Ithaca’s belt as it closes acquisition of Siccar Point
Fossil Energy

‘Key milestone’ under Ithaca’s belt as it closes acquisition of Siccar Point

Delek’s Ithaca Energy has completed the acquisition of Siccar Point Energy, which has enabled it to further expand its North Sea portfolio.

about 4 years ago
Two oil & gas firms ready to drill North Sea wells this month
Fossil Energy

Two oil & gas firms ready to drill North Sea wells this month

Two oil and gas players have been granted drilling permits by Norwegian authorities for wildcat wells in the North Sea offshore Norway.

about 4 years ago
TAQA all done with large-scale North Sea decom project
Fossil Energy

TAQA all done with large-scale North Sea decom project

UAE’s oil and gas giant Abu Dhabi National Energy Company (TAQA) has wrapped up a major decommissioning project in the North Sea.

about 4 years ago
‘Hostile’ drones en route to Energean FPSO shot down over Mediterranean Sea
Fossil Energy

‘Hostile’ drones en route to Energean FPSO shot down over Mediterranean Sea

Three unarmed drones, headed straight for a gas field off Israel and Energean’s new FPSO, have been taken down by the Israeli forces.

about 4 years ago
Jadestone restarts production from Australian field ahead of initial schedule
Fossil Energy

Jadestone restarts production from Australian field ‘significantly ahead’ of initial schedule

Following temporary repairs, Jadestone has restored production from a field in the Timor Sea off Australia, ahead of its initial timeline.

about 4 years ago
Norway’s oil & gas output to shrink as offshore workers scale up strike action
Fossil Energy

Norway’s oil & gas output to shrink as offshore workers scale up strike action

Dispute over wage demands threatens to reduce oil and gas production in Norway, as offshore workers are likely to down their tools this week.

about 4 years ago
U.S. Gulf Coast oil exports to hit all-time high levels this quarter, Rystad says
Fossil Energy

U.S. Gulf Coast oil exports to hit all-time high levels this quarter, Rystad says

Despite the domestic supply shortage, oil exports from the U.S. Gulf Coast are positioned to reach the highest level in Q2 of 2022.

about 4 years ago
U.S. govt asks public to weigh in on proposed offshore oil & gas leasing plan
Fossil Energy

U.S. govt asks public to weigh in on proposed offshore oil & gas leasing plan

The Department of the Interior is seeking public input on the Biden administration’s new, five-year offshore oil and gas leasing program.

about 4 years ago
UK trade body on the lookout for new boss as current one prepares for exit after 8 years
Fossil Energy

UK trade body on the lookout for new boss as current one prepares for exit after 8 years

Offshore Energies UK is starting the search for a new chief executive as its current one will be stepping down at the end of the year.

about 4 years ago
As merger with Lundin goes into effect, Aker BP unveils plans to spend more than $15 billion on projects
Fossil Energy

As merger with Lundin goes into effect, Aker BP unveils plans to spend over $15 bln on projects

The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.

about 4 years ago
With acquisition of two wells out of the way, Longboat expects first of these to be spud this month
Fossil Energy

With stakes in two more wells secured, Longboat expects first to be spud this month

After completing the farm-in agreement with OMV, Longboat Energy anticipates the drilling of the first of two wells to be done this month.

about 4 years ago
Italian drilling contractor to bring Nabors’ suite of tech options to European and African energy firms
Fossil Energy

Italian contractor to bring Nabors’ suite of tech options to Europe and Africa

Hydro Drilling will deploy Nabors’ technologies and services in Europe and Africa to improve hydrocarbon production and curb emissions.

about 4 years ago
Transocean rig gets the go-ahead for ops at Equinor’s North Sea field
Fossil Energy

Transocean rig gets the go-ahead for ops at Equinor’s North Sea field

Equinor has received consent from Norway’s regulator to use a Transocean-owned rig for well intervention on a field located in the North Sea.

about 4 years ago
Borr needs more time to put in place financing solution
Fossil Energy

Borr needs more time to put in place financing solution

Borr Drilling is still engaged in talks with creditors to find a financing solution to extend its 2023 debt maturities and refinance.

about 4 years ago
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