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Fossil Energy

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Oil & GasBusiness Developments & ProjectsExploration & ProductionFPSO & VesselsSubseaSurveys & InterventionsVessels & VehiclesBusiness & FinanceCollaborationOutlook & StrategyProject & TendersVesselsLiquefied Natural GasHuman CapitalRigsAuthorities & GovernmentRegulation & Policy
Location of Offshore Indus-C block on a map
Fossil Energy

Farm-out deal inked to unlock Pakistan’s offshore hydrocarbon potential

Turkish Petroleum Overseas Company (TPOC), a wholly owned subsidiary of the state-owned Türkiye Petrolleri Anonim Ortaklığı (TPAO), and two Pakistani firms have inked a farm-out agreement with Pakistan Petroleum Limited (PPL) for a block offshore Pakistan.

about 11 months ago
Skandi Olympia
Fossil Energy

DOF continues its winning streak with Petrobras with two new contracts

Norwegian vessel owner DOF Group has secured two new long-term contracts with Brazil’s state-owned energy company Petrobras that have a combined value of approximately $200 million. Skandi Chieftain and Skandi Olympia have been awarded four-year charters, with both vessels to operate with one work-c

about 11 months ago
Energy Paradise at sea
Fossil Energy

Norwegian shipowner lands fresh contracts for PSV pair

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured new contracts for two platform supply vessels (PSVs) from its fleet.

about 11 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

Adriatic oilfield back in production mode after months-long shutdown

The Italian subsidiary of London-based oil and gas player Energean has restarted production at its field off the coast of Abruzzo, Italy.

about 11 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

Shell approves Nigerian gas development to power LNG growth

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of the UK-headquartered energy giant Shell, and Nigeria’s Sunlink Energies and Resources Limited have taken a final investment decision (FID) on a gas development offshore Nigeria.

about 11 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

‘Landmark’ gas discovery comes to light offshore Kuwait

Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Company (KPC), has made a major discovery at a field offshore Kuwait.

about 11 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

Shell ships Italy-bound LNG cargo from Egyptian plant

A shipment of liquefied natural gas (LNG) is on its way to Italy from Egypt on board a vessel operated by the UK-headquartered energy giant Shell.

about 11 months ago
FPSO BW Opal; Source: Santos
Fossil Energy

Acting CFO steps in at Santos as predecessor quits ‘to pursue other interests’

Australian energy player Santos has appointed an acting Chief Financial Officer (CFO) following the current CFO’s resignation.

about 11 months ago
Valaris DS-12 drillship; Source: Valaris
Fossil Energy

BP hires Valaris’ 2013-built drillship for multi-well gig in Middle East

Offshore drilling contractor Valaris has secured a new multimillion-dollar assignment for its 12-year-old drillship off the coast of Egypt with BP Exploration Delta, a subsidiary of the UK-headquartered energy giant BP.

about 11 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

Valaris rig spuds Angola’s inaugural non-associated gas development for Azule

Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has started drilling the first well in what is said to be Angola’s first non-associated gas development.

about 11 months ago
COSL Prospector rig; Source: Canarship
Fossil Energy

All systems go for Equinor’s drilling ops with Transocean and COSL rigs

Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors.

about 11 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

First oil flows from offshore project in Southeast Asia ahead of schedule

Vietsovpetro, the Vietnam–Russia joint venture (JV), has brought online a wellhead platform at a field off the coast of Vietnam, Southeast Asia.

about 11 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

Sea1 secures multi-year Brazil contract for 2013-built PSV

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has won a new contract for a platform supply vessel (PSV) from its fleet.

about 11 months ago
Digital rendering of Port Arthur LNG Project phase 1 and 2; Credit: Sempra
Fossil Energy

Chart finds work on Sempra’s LNG project in Texas

Bechtel Energy, an American engineering, procurement, construction, and project management player, has selected compatriot Chart Industries to supply cooling equipment for the second stage of a liquefied natural gas (LNG) project that Sempra Infrastructure, a subsidiary of North America’s energy inf

about 11 months ago
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