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Fossil Energy

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West Prospero jack-up rig; Source: Seadrill
Fossil Energy

Seadrill closing benign jack-up chapter with sale of eight-year stacked rig

Seadrill has bid farewell to a jack-up rig that spent eight years out of work. The divestment is perceived as an enabler of the firm’s strategy to leave the benign jack-up market.

about 1 year ago
Second LNG-powered LCO2 carrier handed over to Northern Lights JV
Fossil Energy

Second LNG-powered LCO2 carrier handed over to Northern Lights JV

Northern Pathfinder, the second LNG-powered LCO2 carrier that will service the Northern Lights, has been delivered.

about 1 year ago
Noble Globetrotter I drillship; Source: Noble
Fossil Energy

Noble drillship set to embark on Gulf of Mexico drilling job next month

U.S. offshore drilling contractor Noble Corporation has won a new offshore drilling assignment in the Gulf of Mexico for one of its drillships.

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Fossil Energy

Saipem rig gearing up to spud Aker BP’s wildcat pair

Aker BP has received the Norwegian authorities’ blessing to drill two exploration wells in the Norwegian Sea, off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
Illustration; Source: Saipem
Fossil Energy

Saipem makes a comeback on Brazil’s oil & gas stage

Saipem has returned to the Brazilian oil and gas scene following a two-year ban from engaging in contracting activity with the country’s public administration.

about 1 year ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Fossil Energy

Gazprom greenlights $15 billion investment plan to bolster gas production capacity

Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024.

about 1 year ago
FLNG Hilli Episeyo; Source: Golar LNG
Fossil Energy

Bermuda player becomes sole owner of FLNG unit

Golar LNG has got its hands on ownership interests Seatrium and Black & Veatch held in a floating LNG (FLNG) unit, which enables it to take full ownership of the asset that recently lined up a 20-year assignment in Argentina.

about 1 year ago
An offshore platform
Fossil Energy

PTTEP going on production growth binge with $33.6B fueling its energy ambitions

Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) has shared its investment agenda for the next five years, with plans to focus on boosting production to increase the country’s energy security, among other things.

about 1 year ago
Blackford Dolphin rig; Source: Dolphin Drilling
Fossil Energy

Dolphin Drilling emerges as winner in arbitration saga over rig termination deal

Dolphin Drilling has disclosed a positive outcome of arbitration proceedings with Lagos-based General Hydrocarbons Limited (GHL), which has been made in the Norwegian player’s favor.

about 1 year ago
FPSO Cidade de Santos; Source: Enauta
Fossil Energy

Petrobras terminates sale of two oil & gas fields offshore Brazil

Brazilian oil and gas player Brava Energia has confirmed its acquisition of oil and gas fields and associated infrastructure off the coast of Brazil cannot be completed with the country’s state-owned energy giant Petrobras, as a precedent condition for the closing of the sale was not satisfied. In D

about 1 year ago
Pluto LNG Train 2 module; Source: Woodside
Fossil Energy

WATCH: Australia’s $12.5B gas project makes inroads as final modules for Pluto LNG’s Train 2 come

Woodside has reached another milestone, which it sees as significant for developing its giant gas project off the coast of Western Australia, thanks to the arrival of the last batch of modules at the Pluto Train 2 construction site in Karratha.

about 1 year ago
UK’s first CO2 injection nears reality as final preparations are underway (Video)
Fossil Energy

UK’s first CO2 injection nears reality as final preparations are underway (Video)

Perenco UK and Carbon Catalyst Limited are completing the final preparations for the CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. The partners secured a license to progress the Poseidon CCS pro

about 1 year ago
Heerema Marine Contractors’ Aegir heavy lift vessel has transported the RTM to the Australian Marine Complex; Source: Woodside
Fossil Energy

WATCH: Heerema’s giant vessel takes Woodside’s latest decom ‘milestone’ to recycling yard

Woodside has made further progress in decommissioning and dismantling activities at a field off the coast of Western Australia.

about 1 year ago
Tyra II; Source: TotalEnergies
Fossil Energy

TotalEnergies needs more time to restart all fields at huge North Sea gas project

As bad weather interfered with its plans, delaying the production from remaining fields, TotalEnergies has amended its timeline for the full production capacity from all fields at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
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