Fossil Energy
Eni hits major oil find off Ivory Coast
Italian oil and gas player Eni has made a major oil discovery in block CI-101, located offshore Ivory Coast.
Nine banks provide financing to BW Offshore for Barossa FPSO
BW Offshore has completed the $1.15 billion project debt financing for the construction and operation of the FPSO for Santos’ Barossa field.
Scotland to launch offshore wind tender dedicated to oil & gas decarbonisation
Crown Estate Scotland, which is currently reviewing the ScotWind Leasing Round applications, will open a new leasing process early next year, dedicated specifically to offshore wind projects which support the decarbonisation of the oil and gas sector, and to small-scale innovation projects of less t
CHC expands fleet by 30 after taking over Babcock’s offshore business
Helicopter services provider CHC Helicopter has completed its acquisition of Babcock International’s offshore oil and gas aviation business.
Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.
Boosted by new contracts, Esvagt hiring 50 new seafarers
Esvagt has revealed that recent new contract awards for its fleet mean that the company is now on the hunt for 50 new seafarers.
Nearly 94 pct of Gulf of Mexico oil output still offline after Hurricane Ida
While some of the oil production in the U.S. Gulf of Mexico has been brought online after Hurricane Ida, nearly 94 per cent remains offline.
Appraisal well cuts Aker BP’s resource estimate for North Sea discovery
Norwegian oil and gas company Aker BP has concluded the drilling of an appraisal well on the Liatårnet oil discovery located in the North Sea.
Vaalco says Etame partners approve FSO charter
Vaalco Energy has reported that the Etame co-venturers approved the bareboat contract and operating agreement with World Carrier.
First new Tyra topsides installed in North Sea – gallery
Heerema Marine Contractors’ Sleipnir has installed the first new Tyra topsides for TotalEnergies’ project in the Danish North Sea.
MAN to supply subsea compressors offshore Australia
MAN Energy Solutions has secured a contract by Aker Solutions to deliver five subsea compression units for the Chevron-operated Jansz-Io Compression (J-IC) Project offshore Australia. Three Subsea HOFIM compressor units will be installed into the subsea modules, while the remaining two will serve as
Shell takes operatorship in blocks off South Africa
Impact Oil & Gas has completed a farm-out transaction with Shell for interest and operatorship in the Transkei & Algoa offshore South Africa.
Pemex restores oil output suspended after fatal fire
Pemex has restarted production from its Ku-Maloob-Zaap complex off Mexico following a shutdown due to a fatal incident earlier in August.
ADNOC partners with Pakistani companies for the first time
ADNOC has awarded exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of four Pakistani companies.