Fossil Energy
Cosco delivers FPSO set for Eni’s Amoca field off Mexico
Chinese shipbuilder Cosco Shipping Heavy Industry has delivered the floating production, storage, and offloading (FPSO) vessel set to work on Eni’s Amoca shallow-water project off Mexico.
Petronas cheers first discovery off Suriname
Malaysian oil and gas company Petronas has made its first hydrocarbon discovery in Suriname with the drilling of the Sloanea-1 exploration well.
Aker Solutions gets $114M Kristin Sør deal from Equinor
Norwegian engineering firm Aker Solutions has signed a letter of intent with compatriot oil major Equinor for the delivery of a subsea production system to the Kristin Sør oil and gas satellite fields in the North Sea.
Medco confirms hydrocarbons with Indonesian appraisal well
Medco Energi has completed drilling operations on the West Belut-1 appraisal well, located offshore Indonesia, and confirmed hydrocarbon resources.
Karoon offloads first oil from recently-bought Baúna field
Australian player Karoon Energy has offloaded its first shipment of over 500,000 barrels of oil from its newly acquired Baúna production field, offshore Brazil.
Equinor gets consent to extend Veslefrikk field life
Norwegian safety watchdog Petroleum Safety Authority (PSA) has given Equinor a consent for the life extension for Veslefrikk.
Vår Energi CEO heading out to lead Petoro
CEO of Vår Energi is leaving her role in the company to lead another Norwegian oil and gas company, the state-owned Petoro.
McDermott put in charge of pre-FEED for Trion floater
McDermott has been selected by BHP to perform the pre-FEED extension phase for a floating production unit for the Trion field offshore Mexico.
Neptune launches feasibility study for Dutch CCS project
Oil and gas exploration firm Neptune Energy has announced a feasibility study for a large-scale offshore carbon capture and storage (CCS) project in the Dutch North Sea.
Equinor hands out supply vessel deals
Norwegian oil and gas company Equinor has awarded Havila Shipping three-year contracts for the Havila Charisma and Havila Foresight platform supply vessels.
Total hires Norco for work on four FPSOs off Angola
Angolan arm of French oil major Total has awarded a maintenance contract to energy storage equipment manufacturer and service provider Norco Group for work on several floating production, storage, and offloading facilities (FPSOs).
The world to run out of oil supply to meet demand unless exploration speeds up, Rystad reports
The world is on track to run out of sufficient oil supplies to meet its needs through 2050 unless exploration speeds up, Rystad Energy reveals.
Ocean Installer focuses on offshore wind, renames to Havfram
Norway-headquartered Ocean Installer has changed its name to Havfram, saying that the move reflects the company’s increased commitment to offshore wind. “The solid revenues derived from our oil and gas projects, as well as our broad project and engineering expertise, are now being utilised to create
Shell executives quit over green transition disagreements
Several clean energy executives have left from oil major Shell over a disagreement on how far and fast the company should move towards greener energy.