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Fossil Energy

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FTAI Ocean takes delivery of new well intervention tower system
Fossil Energy

FTAI Ocean takes delivery of new well intervention tower system

UK-based subsea engineering and offshore technology company Osbit has delivered a new well intervention tower system to FTAI Ocean, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (FTAI). The system comprises 1,300 tonnes of equipment and stands at 40 metres tall. According

about 4 years ago
Solstad to bank over $54 million in new vessel contracts
Fossil Energy

Solstad to bank over $54 million from new vessel contracts

Norwegian vessel owner Solstad Offshore has secured contract awards for its construction support vessels (CSVs) Normand Cutter and Normand Sentinel. Normand Cutter has won a contract with an undisclosed client in South America for a firm charter period of 460 days with the possibility of a further 4

about 4 years ago
Petronas signs deal for Indonesian block to ‘address the growing energy demand’
Fossil Energy

Petronas signs deal for Indonesian block to ‘address the growing energy demand’

Petronas has inked a PSC for a block onshore and offshore East Java, Indonesia to develop and explore the block’s hydrocarbon potential.

about 4 years ago
Sembcorp Marine delivers giant world’s first 8th generation drillship to Transocean
Fossil Energy

Sembcorp Marine delivers giant world’s first 8th generation drillship to Transocean

Singapore’s Sembcorp Marine has handed over a newbuild drillship, described as the world’s first eighth-generation drillship, to Transocean.

about 4 years ago
Shell adds high-impact gas prospect in North Sea to Maersk rig’s backlog
Fossil Energy

Shell adds high-impact gas prospect in North Sea to Maersk rig’s backlog

Shell has hired a Maersk Drilling-owned rig to drill a prospect in the North Sea, which is expected to provide the UK with more gas sources.

about 4 years ago
Incident: Four dead in the wake of chopper’s emergency landing in Arabian Sea close to offshore rig
Fossil Energy

Fatal incident: Four dead in the wake of chopper’s emergency landing in Arabian Sea

After a helicopter, carrying personnel from India’s ONGC, was forced to land in the Arabian Sea, four casualties have been reported.

about 4 years ago
India’s Aban closes sale of jack-up rig to ADES
Fossil Energy

India’s Aban closes sale of jack-up rig to ADES

India’s offshore drilling contractor Aban Offshore has completed the sale of a jack-up drilling rig to the UAE-based ADES International.

about 4 years ago
To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables
Fossil Energy

To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables

To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.

about 4 years ago
New CEO at the Petrobras helm to run operations for one year
Fossil Energy

New CEO at the Petrobras helm to run business until April next year

Brazil’s state-owned giant Petrobras has appointed a new director, who will also take over the CEO role at the company.

about 4 years ago
Norsk Solar CFO to take over the same role at Eidesvik
Fossil Energy

Norsk Solar CFO to start work in same role at Eidesvik

Eidesvik Offshore has appointed a new Chief Financial Officer (CFO), who is expected to join the company within the next few months.

about 4 years ago
U.S. operator flows first oil from deepwater project in Gulf of Mexico
Fossil Energy

U.S. operator flows first oil from deepwater development in Gulf of Mexico

LLOG Exploration has kicked off the first production from a deepwater two-well subsea development, located in the U.S. Gulf of Mexico.

about 4 years ago
JV partners putting the wheels into motion for FPSO replacement off Nigeria
Fossil Energy

JV partners putting the wheels into motion for FPSO replacement off Nigeria

To increase production capacity, JV partners off Nigeria have decided to replace the field’s current FPSO in line with redevelopment plans.

about 4 years ago
Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage
Fossil Energy

Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage

The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with

about 4 years ago
Eco seals deal to increase stake in block off South Africa
Fossil Energy

Eco seals deal to increase stake in block off South Africa

Eco (Atlantic) Oil & Gas has inked a deal to acquire additional interest in a block located offshore South Africa.

about 4 years ago
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