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Fossil Energy

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After Taiwan, Mermaid Maritime creates joint venture in Equatorial Guinea
Fossil Energy

After Taiwan, Mermaid Maritime creates joint venture in Equatorial Guinea

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture company in Equatorial Guinea with the African country’s national oil company GEPetrol S.A for services in the oil & gas industry. The primary activity of the j

about 10 months ago
Appraisal well was drilled by COSL Prospector rig; Source: COSL
Fossil Energy

Vår Energi hits bullseye with Barents Sea appraisal well

Norwegian oil and gas player Vår Energi has confirmed an oil discovery made in the Barents Sea using a semi-submersible rig from COSL’s fleet.

about 10 months ago
DeepOcean nets subsea contract to extend life of Equinor’s field operating since 1992
Fossil Energy

DeepOcean nets subsea contract to extend life of Equinor’s field operating since 1992

Norway’s state-owned oil & gas giant Equinor has awarded DeepOcean with a contract for subsea construction and installation activities for a project that aims to extend the production life of an oil & gas field operational since 1992. DeepOcean’s scope of work includes the installation of a subsea s

about 10 months ago
FPSO One Guyana; Source: ExxonMobil
Fossil Energy

Guyana’s fourth offshore project propels output at Exxon-operated oil block to new heights

The Guyanese subsidiary of U.S.-headquartered energy giant ExxonMobil has reached a production milestone at a field it operates offshore Guyana.

about 10 months ago
FPSO P-79
Fossil Energy

8th FPSO starts making its way to Petrobras’ largest producing field

Another floating production storage and offloading (FPSO) unit destined for a field in Brazil’s Santos Basin operated by the country’s oil and gas giant Petrobras has started its journey from Hanwha Ocean’s shipyard.

about 10 months ago
An offshore drilling rig
Fossil Energy

Rhino prolongs Northern Ocean rig’s stay in Namibia

African energy exploration player Rhino Resources has added an additional assignment to a contract for the semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, offshore Namibia.

about 10 months ago
Peregrino C platform
Fossil Energy

Equinor closes stake sale of international portfolio ‘cornerstone’ in Brazil

Norwegian state-owned energy giant Equinor has finalized the sale of its operated interest in a field in Brazil’s Campos Basin to Brazilian oil and gas company PRIO, formerly known as PetroRio.

about 10 months ago
Plaquemines LNG; Courtesy of Venture Global LNG
Fossil Energy

Venture Global continues LNG spree with 20-year Mitsui deal

Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has executed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Japan’s Mitsui & Co.

about 10 months ago
Alaska LNG
Fossil Energy

Baker Hughes tech supplier of choice for Alaskan LNG project

U.S.-based Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has selected compatriot energy technology giant Baker Hughes to provide technology for the liquefied natural gas (LNG) project that the former is developing in the U.S. northernmost state.

about 10 months ago
Saipem gives out €8.5M contract to compatriot NextGeo for work offshore Libya
Fossil Energy

Saipem gives out €8.5M contract to compatriot NextGeo for work offshore Libya

Italy’s Next Geosolutions (NextGeo) has won a €8.5 million contract with compatriot engineering, drilling, and construction services giant Saipem for survey and support to installation activities for an offshore gas project in North Africa. NextGeo will deploy the vessels NG Worker and NG Surveyor t

about 10 months ago
Turning the tide on ROV deployment with sea state insights
Fossil Energy

Turning the tide on ROV deployment with sea state insights

How smarter ROV deployment starts with smarter, real-time sea state measurement. The deployment of remotely operated vehicles (ROVs) is one of the most critical and riskiest activities in offshore operations. These subsea systems are essential for tasks such as inspections, repairs and construction

about 10 months ago
COSL Innovator rig; Source: COSL
Fossil Energy

Third time not the charm for Equinor in North Sea

Norway’s state-owned oil and gas giant Equinor and its partners have drilled a dry well in the Norwegian sector of the North Sea.

about 10 months ago
Calcasieu Pass terminal; Source: Venture Global
Fossil Energy

Venture Global’s new LNG deal underscores Europe’s bet on US gas

Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has executed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Spain’s Naturgy.

about 10 months ago
Subsea mooring installation call keeps DOF vessel offshore Australia
Fossil Energy

DOF gets call from the Atlantic from BP

Norwegian vessel owner DOF Group has secured a three-year firm, with two-year options, contract with UK-headquartered energy giant BP for subsea services in the Atlantic region. DOF said it would deploy a high-capability subsea vessel to support BP with subsea construction, installation, repair, and

about 10 months ago
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