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Fossil Energy

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Obana jack up
Fossil Energy

Damen putting finishing touches to jack-up ahead of its inaugural decom with Petrodec

A self-elevating heavy lift jack-up is nearly ready for its assignment with decommissioning services specialist Petrodec after conversion undertaken by Damen Shiprepair, part of the Dutch shipbuilding giant Damen Shipyards Group.

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Fossil Energy

ExxonMobil’s loss is Chevron’s gain: High-stakes arbitration over Hess’ Guyana oil assets ends

ExxonMobil and its partner, China’s CNOOC, have not secured a victory in arbitration proceedings over U.S.-based Hess Corporation’s sale of interests in assets off the coast of Guyana. This clears the key merger hurdle in Chevron’s path, enabling it to bring Hess’ upstream portfolio into its fold.

about 1 year ago
Mariner platform; Credit: Jamie Baikie/Equinor
Fossil Energy

North Sea oil & gas pair comes up on CHC’s flight radar with multi-year chopper deal

Equinor has hired CHC Helicopter, a Texas-based helicopter services provider, on a long-term assignment at two oil and gas projects in the UK sector of the North Sea.

about 1 year ago
Illustration; Source: Technip Energies
Fossil Energy

Shell pools resources with Technip Energies in carbon capture arena

Shell Catalysts & Technologies, a subsidiary of UK-headquartered energy giant Shell, has joined forces with France’s engineering company Technip Energies to come up with a post-combustion amine-based carbon capture solution, which will up the industrial sector’s decarbonization ante.

about 1 year ago
Safe Caledonia; Credit: Prosafe
Fossil Energy

Prosafe sees uptick in fleet utilization, underpinned by Brazil ops

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its fleet activity for June.

about 1 year ago
An offshore platform
Fossil Energy

Fresh decade-long deal secures more Norwegian gas for Europe

Equinor has signed a multi-year natural gas supply agreement with BASF, a developer of a broad portfolio of component solutions for manufacturing consumer goods, which plans to use this gas for its needs in Europe.

about 1 year ago
Subsea7 hired by Equinor and Shell under two new contracts
Fossil Energy

Subsea7 hired by Equinor and Shell under two new contracts

Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500

about 1 year ago
Cameron LNG
Fossil Energy

Sempra-led US LNG project marks 1,000 global deliveries

Cameron LNG, a liquefied natural gas (LNG) export project operated by several global energy majors in Hackberry, Louisiana, has exported its 1000th cargo.

about 1 year ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Fossil Energy

Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work

Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs.

about 1 year ago
Hugin A jacket being put into place with Heerema's Sleipnir; Source: Aker BP
Fossil Energy

WATCH: Heerema’s largest vessel slides North Sea oil & gas platform’s new jacket into place

Norwegian oil and gas player Aker BP has made progress in bringing an offshore platform to life by installing a new jacket at an oil and gas development in the North Sea, off the coast of Norway.

about 1 year ago
Avance Gas
Fossil Energy

BW LPG wraps up $595M financing to support fleet and balance sheet strategy

Singapore-based ship owner and operator BW LPG has closed two financing facilities totaling $595 million, aimed at supporting the fleet renewal, refinancing existing debt and ensuring ample liquidity for future investments. As disclosed, the company has closed a $380 million term loan and revolving

about 1 year ago
An offshore platform
Fossil Energy

Mega drilling structure assembly marks milestone for Cenovus’ Newfoundland field

Canadian oil and gas company Cenovus Energy has merged two large structures that will form part of the drilling platform at its field offshore Newfoundland, Canada.

about 1 year ago
EnQuest
Fossil Energy

New operator taking the helm at undeveloped gas fields offshore Brunei

EnQuest EP, a subsidiary of London Stock Exchange-listed energy player EnQuest, has secured a production sharing agreement (PSA) for Block C, covering three offshore fields in Brunei Darussalam, for which a final investment decision (FID) is anticipated to be reached within the next two years.

about 1 year ago
Allseas resumes pipelaying at Dutch CCS project after technical setback
Fossil Energy

After one-month technical delay, Allseas resumes pipelaying at first Dutch offshore CCS project

Allseas has resumed pipelaying for the first offshore carbon capture and storage (CCS) project in the Netherlands after a one-month break caused by a technical issue. Allseas’ purpose-built offshore construction vessel (OCV) Oceanic was in charge of a special unexploded ordnance (UXO) survey along t

about 1 year ago
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