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Fossil Energy

Saipem bags fresh batch of drilling contracts worth over $400 million

Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of over $400 million.

about 4 years ago

CGG and Kent parter up for hydrogen and CCUS

Fossil Energy

CGG and Kent partner up for hydrogen and CCUS

French geophysical services firm CGG and Dubai-based energy engineering company Kent will work together on CCUS development and hydrogen production and supply.

about 4 years ago

Fossil Energy

Borr Drilling secures work for five jack-up rigs

Offshore rig owner Borr Drilling has been awarded new contracts and extensions for five of its jack-up drilling rigs.

about 4 years ago

Fossil Energy

Answers to energy security and climate change concerns lie in energy transition, IRENA says

The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.

about 4 years ago

Fossil Energy

Fugro to back QatarEnergy’s field redevelopment project

QatarEnergy has awarded Fugro with a contract to deliver multi-year seabed geo-data acquisition and geo-consultancy services as part of the redevelopment of the Bul Hanine and Maydan Mahzam fields offshore Qatar. Fugro’s team will be operating from Fugro Proteus, Pacific Grouse and Bourbon Enterpris

about 4 years ago

Fossil Energy

Lamprell mulls over funding options and sale of stake in oil & gas business

UAE-based offshore engineering and construction services provider Lamprell is in talks for the sale of a stake in its oil & gas business.

about 4 years ago

Fossil Energy

In focus: Accelerating the energy transition

The global energy transition continues to be a strategic priority for many players, including those involved in the maritime and offshore energy sectors.

about 4 years ago

Fossil Energy

UAE player investing in drilling growth with $658 million in new awards

UAE-based ADNOC has awarded framework agreements valued at $658 million for cementing services as it continues to invest in drilling growth.

about 4 years ago

Fossil Energy

After a year-long suspension, Petrofac allowed to compete in ADNOC tenders

Following a year-long suspension, Petrofac, is now allowed again to take part in new tenders from UAE’s oil and gas giant ADNOC.

about 4 years ago

Fossil Energy

Acteon to grow its operations by buying Oceaneering’s decom assets and staff

Claxton, Acteon’s drilling and decommissioning segment, has inked a deal with Oceaneering to acquire its decom personnel and assets.

about 4 years ago

Fossil Energy

Energean inks gas supply deal with largest Israeli buyer

London-listed E&P company Energean has signed a gas supply agreement with the largest Israeli buyer of natural gas.

about 4 years ago

Masirah Oil swaps tankers in Oman with drilling campaign on the way

Fossil Energy

Masirah Oil swaps tankers in Oman, seeks rig contractor for new drilling campaign

Following a floating storage tanker change, Masirah Oil plans to carry out a drilling campaign in the Q3 2022 in the Block 50 offshore Oman.

about 4 years ago

Neptune going beyond net-zero in bid to store more CO2 than it emits by 2030

Fossil Energy

In focus: To net-zero and beyond

In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp

about 4 years ago

Fossil Energy

Energean step closer to Karish first gas following connection to Israel’s network

Oil and gas exploration and production company Energean has connected the Karish offshore gas field to the Israel National Gas Line,

about 4 years ago