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Fossil Energy

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Offshore WindSubseaBusiness & FinanceBusiness Developments & ProjectsHuman CapitalOutlook & StrategyProject & TendersOil & GasAuthorities & GovernmentExploration & ProductionRegulation & PolicyFPSO & VesselsRigsClean FuelGreen MarineLNGCollaborationDecommissioningProduction & ProcessingSurveys & InterventionsVessels & VehiclesInfrastructureVesselsLow-Carbon Transition
ABL Group names new CEO as co-founder transitions to another role
Fossil Energy

ABL Group names new CEO as co-founder transitions to another role

Energy and marine consultancy ABL Group has made changes to its executive management team with the appointment of a new chief executive officer (CEO), succeeding the company’s co-founder in the role. The new CEO, Hege Marie Norheim,. brings experience in oil & gas and renewables from roles of Senior

about 1 year ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies continues African oil & gas expansion with new offshore acreage in Nigeria

France’s energy giant TotalEnergies has boosted its oil and gas portfolio in African waters by securing two offshore exploration permits off the coast of Nigeria.

about 1 year ago
FSO Yamoussoukro
Fossil Energy

Carlyle buying Altera’s FPSO business

UK-based Altera Infrastructure (Altera) intends to sell its entire floating production storage and offloading (FPSO) business to global investment firm Carlyle.

about 1 year ago
FPSO for Bay du Nord oil project; Source: BW Offshore
Fossil Energy

BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project

Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian project, which was put on ice for three

about 1 year ago
Deepwater Champion drillship (for illustration purposes); Source: Transocean
Fossil Energy

Transocean eyes divestment of five stacked rigs

Transocean has unveiled plans to optimize its fleet by bidding goodbye to four drillships and one semi-submersible rig that are currently stacked, which will reduce the size of its rig fleet.

about 1 year ago
Johan Sverdrup field in the North Sea; Source: Arne Reidar Mortensen/Equinor
Fossil Energy

Orlen tapping into lower-carbon oil from major Norwegian field

Poland’s Orlen has signed a contract with Norwegian state-owned energy giant Equinor for the supply of crude oil from a field on the Norwegian Continental Shelf.

about 1 year ago
Transocean Encourage rig; Source: Transocean
Fossil Energy

Equinor cleared to kick off drilling ops with Transocean’s rig next month

Norwegian state-owned energy giant Equinor has obtained a drilling permit for an exploration well in the Norwegian Sea, which will be drilled using a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago
Rendering of FPU Sakarya
Fossil Energy

Wison-designed FPU picked for next stage of TPAO’s huge Black Sea field

Wison New Energies has signed the engineering, procurement, construction, installation, and commissioning (EPCIC) contract with Türkiye Petrolleri A.O. (TPAO) for the floating production unit (FPU) to be deployed at a project in the Black Sea.

about 1 year ago
WinGD
Fossil Energy

WinGD joins MAMII to help cut methane slip from shipping

Swiss engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), becoming the first engine developer to become a partner in the growing cross-sector push to better understand and address methane from liquefied natural gas (LNG)-fueled ships.

about 1 year ago
2014-built vessel removes Gulf of America's oldest tension leg platform
Fossil Energy

2014-built vessel removes Gulf of America’s oldest tension leg platform

C-Innovation, an affiliate of Edison Chouest Offshore (ECO), has completed the decommissioning of what it says is the oldest tension leg platform (TLP) in the Gulf of America. The 2014-built multipurpose support vessel (MSV) Island Venture put its remotely operated vehicles (ROVs), cranes and back d

about 1 year ago
Illustration; Source: Conrad Asia Energy
Fossil Energy

Closing fossil fuels chapter to focus on renewables: New timeline for Asian firm’s gas field sale

Coro Duyung, a subsidiary of Southeast Asia’s Coro Energy, has confirmed a change in the end date of its fossil fuels chapter related to the divestment of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to direct its attention to its renewa

about 1 year ago
Nzombo exploration permit location map
Fossil Energy

French-Qatari giants to drill ‘promising’ deepwater prospect off Congo

French energy giant TotalEnergies and two partners have secured an exploration license offshore Congo.

about 1 year ago
COSL Prospector rig; Source: Canarship
Fossil Energy

Equinor hits a dry patch in Barents Sea prospect

Norwegian state-owned oil and gas giant Equinor has found no commercial hydrocarbons in an exploration well in the Barents Sea, which was drilled with COSL Drilling Europe’s semi-submersible rig off the coast of Norway.

about 1 year ago
Multiple subsea robotics contracts with Petrobras bring $180 million to Oceaneering
Fossil Energy

Multiple subsea robotics contracts with Petrobras bring $180 million to Oceaneering

U.S. subsea engineering and applied technology firm Oceaneering International has secured multiple subsea robotics contracts with Brazilian state-owned energy giant Petrobras that have an anticipated aggregate revenue of approximately $180 million. Following a competitive tender, Oceaneering’s Brazi

about 1 year ago
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