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Fossil Energy

Talos Energy's GC 18 platform
Fossil Energy

Talos struggling to reach steady production at Gulf of Mexico field

Talos Energy has encountered difficulties in reaching stabilized production from the Bulleit field located in the U.S. Gulf of Mexico.

about 6 years ago
Update: LNG carrier Galina delivering initial cooldown cargo to Prelude FLNG (Courtesy of Shell)
Fossil Energy

Update: Shell nearing Prelude FLNG restart?

Liquefied natural gas (LNG) giant Shell could be gearing up to restart production from its Prelude FLNG facility offshore Western Australia.

about 6 years ago
Cornerstone OBN survey map
Fossil Energy

CGG and Magseis Fairfield wrap up Cornerstone OBN survey

CGG and Magseis Fairfield have completed the 2020 acquisition of the largest OBN survey ever acquired in the North Sea. The OBN Cornerstone 2020 multi-client survey in the UK Central North Sea commenced in March 2020. The survey saw approximately 1,650 square kilometres of long-offset, full-azimuth

about 6 years ago
Marc Marquez on the Repsol Honda Moto GP bike; Source: Repsol
Fossil Energy

Repsol reveals new strategic plan to accelerate energy transition

Spanish oil company Repsol has unveiled its 2021 – 2025 strategic plan which will advance its net-zero emissions objective.

about 6 years ago
Illustration; Source: Keppel
Fossil Energy

Keppel wins $74.7 million FPSO conversion deal

Singapore’s offshore rig and vessel builder Keppel Offshore & Marine Ltd (Keppel O&M) has won a contract from a repeat customer worth about S$100 million ($74.7M) for the fabrication and integration work on a floating production storage and offloading vessel (FPSO).

about 6 years ago

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Ithaca’s FPF-1 floating production facility - BP
Fossil Energy

BP and Ithaca produce first oil from North Sea project

BP and Ithaca Energy have started production from the Vorlich development, in the UK North Sea, which was the target of environmental protests back in 2019.

about 6 years ago
NBO delivers first domestic deep-water umbilical project in China
Fossil Energy

NBO delivers first domestic deep-water umbilical project in China

Ningbo Orient Cable (NBO) has completed the delivery of the LH 29-2 deep-sea SPS umbilical project for China National Offshore Oil Corporation (CNOOC). This is the first deep-water static umbilical project (800 meters water depth, 9 super duplex SS tubes) which realise the production localisation in

about 6 years ago
Jersey Oil and Gas licence map overview
Fossil Energy

Jersey gains full control of North Sea asset with CIECO V&C buy

Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire CIECO V&C, which will give it full ownership of a North Sea licence.

about 6 years ago
Illustration; Source: Equinor oil price
Fossil Energy

Oil price hits highest levels since March over vaccine hopes

Brent crude oil prices reached highest levels since March as news of another promising coronavirus vaccine raised hopes of a quicker recovery in oil demand, while U.S. President-elect Joe Biden received the go-ahead to begin his leadership transition.

about 6 years ago
SW Diamond vessel
Fossil Energy

Shearwater lands Petrobras OBN 4D survey

Seismic exploration company Shearwater GeoServices has secured a contract from Petrobras for a large ocean bottom node (OBN) 4D baseline survey over the Jubarte field in the Campos Basin offshore Brazil. The 810 square kilometres survey will commence in the first half of 2021 and take place over a 3

about 6 years ago

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Spot, the quadruped robotic dog - Aker BP
Fossil Energy

Aker BP deploys robotic dog on North Sea FPSO

Aker BP and Cognite have partnered to deploy Spot, the quadruped robotic dog, to pioneer the remote-controlled offshore mission on the Skarv installation.

about 6 years ago
Location of newly awarded permit areas - Melbana
Fossil Energy

Melbana gets two new offshore permits next to Beehive prospect

Melbana Energy has been awarded two additional petroleum exploration permits offshore northern Australia, close to the Beehive Prospect.

about 6 years ago
Illustration. Source: Noble Corporation
Fossil Energy

U.S. offshore rig count stable at 12 units

The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.

about 6 years ago
Ichthys LNG FEED for Saipem
Fossil Energy

Saipem hired for FEED services on Ichthys LNG

Saipem has confirmed a contract award to conduct booster compression module FEED services for the Inpex-operated Ichthys LNG development in Australia.

about 6 years ago