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Fossil Energy

Energean Power FPSO; Source: Energean
Fossil Energy

Energean could push back first gas from Karish to 2022

Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target of around year-end 2021.

about 5 years ago
Transocean Arctic rig on Dvalin - Wintershall Dea
Fossil Energy

Wintershall Dea curbs Dvalin gas flows over mercury issues

Wintershall Dea has decided to postpone the commercial gas production from its Dvalin field due to a high level of mercury in the gas flow.

about 5 years ago
subsea tieback offshore Egypt
Fossil Energy

Energean takes subsea tieback FID off Egypt

London-based Energean has taken the final investment decision on the North El Amriya and North Idkunea (NEA/NI) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered and appraised gas fields (Yazzi and Python) while the NI concession contains four discovered ga

about 5 years ago
The potential deal between NEO Energy and Exxon includes Gannet field in the North Sea
Fossil Energy

NEO Energy in talks to buy ExxonMobil’s North Sea assets

HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea.

about 5 years ago
Santos post record production figures
Fossil Energy

Santos post record production figures

Australian gas producer and GLNG operator, Santos reported record annual production, as well as record quarterly production in the quarter ending December 31, 2020.

about 5 years ago

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Joe Biden; Source: Biden's Twitter account
Fossil Energy

Biden steers U.S. back towards Paris Agreement on his first day

U.S. President Joe Biden has announced America would return to the international Paris Agreement to fight climate change.

about 5 years ago
Woodside reports Q4 revenue rise
Fossil Energy

Woodside reports Q4 revenue rise

Australia’s Woodside Petroleum on Thursday reported a jump in revenue in the fourth quarter of 2020, as oil and gas prices increased.

about 5 years ago
EnQuest takes over Bressay field operatorship
Fossil Energy

EnQuest takes over Bressay field operatorship

Oil and gas company EnQuest has completed the acquisition of the Bressay field interest from Equinor and taken over field operatorship.

about 5 years ago
Borgland Dolphin rig
Fossil Energy

Dolphin rig lands new deal in Norway

Dolphin Drilling has secured another rig contract with a new Norwegian operator. This time with INEOS Energy on the Norwegian Continental Shelf.

about 5 years ago
JDR umbilical
Fossil Energy

JDR lands umbilical deal in Malaysia

JDR has won a contract with UMD Energy to manufacture and supply a 2.7 kilometres long subsea production umbilical for the Ledang Redevelopment Segment 2 project, offshore Malaysia. The umbilical will provide connection from the unmanned remote platform to the subsea production control system. JDR w

about 5 years ago

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Valaris 8500 rig - Valaris
Fossil Energy

Elon Musk’s SpaceX buys two Valaris rigs to build rocket launchpads

Elon Musk’s SpaceX reportedly bought two Valaris rigs last year to convert them into floating launchpads for its Starship rocket.

about 5 years ago
Deepwater Invictus; Source: Transocean BHP
Fossil Energy

BHP finds nothing in Trinidad’s big oil hope

Australian oil and gas company BHP has confirmed that one of its highly expected wells offshore Trinidad and Tobago came up dry.

about 5 years ago
Johan Castberg FPSO - Rystad Energy
Fossil Energy

UK offers best profitability for development of big offshore fields, Rystad says

The UK offers operators best profit conditions to develop big offshore fields and Kuwait and Canada follow, according to Rystad Energy.

about 5 years ago
Subsea UK CEO Neil Gordon
Fossil Energy

UK subsea sector optimism continues to improve

The latest survey on the UK’s Subsea sector has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide insight in

about 5 years ago