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Fossil Energy

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Fossil Energy

Batch of onshore and offshore drilling jobs brings $513 million to KCA Deutag

KCA Deutag has landed new multimillion-dollar drilling assignments and extensions across the Middle East, Africa, Latin America, and the UK.

about 1 year ago

Fossil Energy

Galp looking for new leader as CEO steps down ‘for family reasons’

Chief Executive Officer (CEO) and Vice-president of the board of directors of Portugal’s oil and gas company Galp has tendered his resignation from both positions.

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about 1 year ago

Deepsea Yantai rig; Source: Odfjell Drilling

Fossil Energy

Rig duo from Odfjell Drilling’s fleet to conduct hydrocarbon exploration ops in Norway

The Norwegian authorities have handed out two drilling permits, which will enable the drilling of an exploration well in the Norwegian Sea and another one in the North Sea, using one of Odfjell Drilling’s semi-submersible rigs for the first one and one of the offshore drilling player’s managed rigs

about 1 year ago

Fossil Energy

DeepOcean to reunite with high-spec subsea vessel under new charter contract

DeepOcean is reuniting with the high-spec subsea vessel Orient Adventurer under a charter contract with Taiwanese Dong Fang Offshore (DFO) which will see the vessel join the Norwegian company’s fleet from early 2026 until the end of 2027. DeepOcean will use Orient Adventurer primarily in Europe, but

about 1 year ago

Fossil Energy

Phased FPSO restart underway as COSL prepares to drill next well in North Sea

Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS).

about 1 year ago

Fossil Energy

SBM Offshore takes slice of Ocean-Power ownership pie

On a mission to boost its decarbonization arsenal, SBM Offshore has become the owner of a minority stake in Norway’s Ocean-Power.

about 1 year ago

COSL Pioneer rig; Source: COSL Drilling Europe

Fossil Energy

COSL rig to spin the drill bit at North Sea wildcat this month

Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago

Fossil Energy

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici

12 minutes read

An offshore platform with two vessels approaching

Fossil Energy

Interim CEO takes the helm at Trillion as previous one retires

Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director.

about 1 year ago

Troll A platform; Source: Jan Arne Wold/Elisabeth Sahl - Equinor

Fossil Energy

Giant North Sea field sets ‘historic’ gas production record

Equinor has achieved a new production milestone at its natural gas asset in the North Sea, which is said to be the largest oil and gas field off the coast of Norway.

about 1 year ago

Fossil Energy

Work forging ahead to increase output at Canadian player’s Black Sea gas field

Canada’s oil and gas player Trillion Energy has kicked off activities on two tripod platforms as part of its efforts to boost production and optimize gas flow at a field offshore Türkiye.

about 1 year ago

Temis MSU DP3 flotel; Source: Nortrans Offshore

Fossil Energy

Saipem picks 2015-built flotel for work on giant ‘most prominent’ gas project

Nortrans has found a job for a 2015-built maintenance and support unit, which is part of its managed fleet.

about 1 year ago

Fossil Energy

Wärtsilä bags five-LNG carrier maintenance gig with Greek firm

Wärtsilä Gas Solutions, part of Finalnd’s technology firm Wärtsilä, has signed an agreement with Greek fleet owner GasLog for the service and maintenance of the latter’s liquefied natural gas (LNG) carriers.

about 1 year ago

Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams

Fossil Energy

TotalEnergies and Vantage Drilling launch rig joint venture

Vantage Drilling has established a new joint venture (JV), named TEVA Ship Charter (TEVA), with France’s energy giant TotalEnergies, which will acquire a drillship currently working off the coast of Congo.

about 1 year ago