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Fossil Energy

Noble Sam Croft; Source: Noble Corporation ExxonMobil
Fossil Energy

ExxonMobil hires Noble Corp. drillship for Guyana drilling

Offshore drilling contractor Noble Corporation has won a six-month deal for the Noble Sam Croft drillship with ExxonMobil in Guyana.

about 6 years ago
Axxis Geo Solutions workers
Fossil Energy

New CEO for Axxis Geo Solutions

Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Friday it has appointed Ronny Bøhn as its new CEO. Bøhn, who takes over from Lee Parker, has more than 20 years of experience from the seismic industry. He has held management positions as vice president of marine operations at CGG a

about 6 years ago
TGS submits offer to buy PGS multi-client data library
Fossil Energy

TGS submits offer to buy PGS multi-client data library

TGS-NOPEC Geophysical Company has submitted a conditional offer for the purchase of the multi-client data library of PGS. Under the offer, PGS would, upon consummation of the sale, receive a cash consideration of USD 600 million. In addition, TGS has proposed that the parties enter into a post-closi

about 6 years ago
Deep Panuke MOPU; Source: SBM Offshore
Fossil Energy

Deep Panuke offshore platform de-installed

In its half-year earnings report, Dutch FPSO operator SBM Offshore stated that the Deep Panuke mobile offshore production platform (MOPU) has been de-installed from its namesake gas field offshore Canada.

about 6 years ago
Illustration; Source: OGA
Fossil Energy

OGA: Offshore energy industry can aid UK in reaching net-zero

The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon capture and storage, could deliver around 30 per cent of the UK’s total carbon reduction requirements needed to meet the 2050 net-zero target, the OGA said.

about 6 years ago

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P-77 in Buzios field; Source: Petrobras
Fossil Energy

Petrobras reaches record Buzios output in July

Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.

about 6 years ago
Aker Offshore Wind sets sights on deep-water projects
Fossil Energy

Aker Offshore Wind sets sights on deep-water projects

Aker Solutions’ offshore wind spin-off, Aker Offshore Wind, will initially focus on deep-water fixed-bottom and floating wind projects in four different markets: South Korea, the USA, Scotland, and Norway. ScotWind According to a company presentation, Aker Offshore Wind has entered into an agreement

about 6 years ago
Tanker set for conversion into FPSO Anna Nery by Yinson; Source: ABB Royal IHC
Fossil Energy

Royal IHC to provide mooring and equipment for Anna Nery FPSO

Malaysian FPSO provider Yinson has awarded Royal IHC a contract for the supply of a tandem mooring and offloading system and a riser pull-in system.

about 6 years ago
Inpex hit by $1.3 bln Australian LNG assets impairment
Fossil Energy

Inpex hit by $1.3 bln Australian LNG assets impairment

Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment loss on its Australian LNG assets.

about 6 years ago
Donald Trump boarding Air Force One; Source: Trump's campaign website
Fossil Energy

Trump inks law to fund infrastructure maintenance with offshore oil and gas royalties

U.S. President Donald Trump has signed into law a bipartisan bill which would use royalties from offshore oil and gas drilling operations to fund maintenance of public lands, national parks and Native American schools.

about 6 years ago

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Illustration; Source: Equinor Heriot-Watt
Fossil Energy

Offshore rigs could be ‘stepping stones’ for non-native species

Scientists from around the UK, led by the Heriot-Watt’s International Centre for Island Technology, are investigating marine life connected to the rigs, pipelines and other infrastructure in the North Sea.

about 6 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer) Somalia
Fossil Energy

Somalia to announce winners of first licensing round in early 2021

Somalia will reportedly announce the winners of its first oil and gas licensing round in early 2021 and use its proceeds to rebuild the country’s economy.

about 6 years ago
Leviathan platform; Image source: Noble Energy Delek
Fossil Energy

Delek offers $2.25B in bonds to finance Leviathan development

Israel’s Delek Drilling has revealed it would issue bonds in an aggregate amount of $2.25 billion to finance the Leviathan development.

about 6 years ago
NOPSEMA approves Shell's Crux gas field OPP
Fossil Energy

NOPSEMA approves Shell’s Crux gas field OPP

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted Shell’s plans for the Crux gas field offshore Western Australia.

about 6 years ago