Fossil Energy

Inpex gearing up for exploration drilling offshore Japan
Inpex plans to carry out exploration drilling offshore Shimane and Yamaguchi prefectures in Japan to locate oil and gas resources.

Strategic Marine hands over 10th vessel to Malaysian operator
Strategic Marine has completed its first vessel delivery in 2022 by handing over a new fast crew boat (FCB) to Malaysia’s Centus Marine.

Lundin bites the dust in Norwegian Sea
Lundin Energy is in the process of concluding the drilling of a wildcat well east of the Ormen Lange field in the Norwegian Sea.

U.S. offshore rig count on the upswing
According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its upward progress.

Two rival players get green light for merger plans
The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.

In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l

TotalEnergies adds extra Suriname well to Maersk rig’s backlog
TotalEnergies has decided to exercise its option for one additional well to be drilled by the Maersk Drilling-owned Maersk Valiant rig.

Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says
Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

Carnarvon on track with Buffalo drilling ops in Timor Sea
Carnarvon Energy has confirmed the drilling operations at its Buffalo-10 well, located offshore Timor-Leste, are progressing as scheduled.

NOIA sees Gulf Coast’s potential for global CCUS hub
NOIA anticipates the Gulf Coast could turn into a global CCUS hub, positioning the emerging U.S. CCUS sector as a top-tier market player.

Aker Solutions appoints new exec while high demand spurs further headcount increase
Aker Solutions has appointed a new senior vice president for communications as growing demand for services spurs further headcount increase.

Prysmian to work on first Middle East subsea transmission system
Prysmian has entered into a Limited Notice to Proceed (LNTP) for the supply of power cables for what is said to be the first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea power transmission system in the Middle East. Prysmian received the €220 million LNTP from Samsung C&T as part of it

French player and Identec get ‘remarkable results’ for pilot project involving Shell’s fleet
Opsealog and Identec have teamed up to optimise vessel operations and carried out a successful pilot project with Shell’s fleet in Nigeria.

Rex’s top-priority: increasing hydrocarbon production and reserves
Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.