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Fossil Energy

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EnQuest gives out HVAC contract for its UKCS assets
Fossil Energy

EnQuest gives out HVAC services contract for its UKCS assets

London Stock Exchange-listed energy player EnQuest has awarded engineering, procurement, and construction (EPC) services provider Nexos, formerly known as Global E&C, with a contract for heating, ventilation, and air conditioning (HVAC) services for its offshore assets on the UK Continental Shelf (U

about 1 year ago
A large vessel at sea
Fossil Energy

New extension deal paves the way for Flex LNG’s carrier duo to stay with ‘supermajor’ until 2039

Bermuda-headquartered liquefied natural carriers (LNG) shipping company Flex LNG has secured an extension of the time charter (TC) agreements for two tankers from its fleet.

about 1 year ago
Sval Energi exits Norwegian Sea development by selling share to Equinor
Fossil Energy

Sval Energi exits Norwegian Sea development by selling share to Equinor

Norwegian energy company Sval Energi has signed an agreement with compatriot state-owned Equinor to sell its 11.8% share in the Halten East Unit in the Norwegian Sea, enabling Equinor to increase its ownership to 69.5%. Located in the Kristin-Åsgård area in the Norwegian Sea, Halten East is an ongoi

about 1 year ago
An offshore platform
Fossil Energy

Valeura combines Gulf of Thailand assets through corporate restructuring to pursue growth opportunities

Canada-based oil and gas company Valeura Energy has completed an internal restructuring of its Thailand-based subsidiaries, which is expected to optimize the financial and operational aspects of its Thai assets.

about 1 year ago
ADNOC-Alpha Dhabi JV buying US downhole visualization company for $45 million
Fossil Energy

ADNOC Drilling-Alpha Dhabi JV buying US downhole visualization company for $45 million

A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak

about 1 year ago
Altera
Fossil Energy

Altera Infrastructure lets go of Altera Shuttle Tankers

Altera Infrastructure Holdings, a wholly-owned subsidiary of the UK-based energy services provider Altera Infrastructure, has entered into an agreement to sell all of its membership interests in Altera Shuttle Tankers to Maistros Shiptrade, a company affiliated with the Greek shipping major Angelico

about 1 year ago
A vessel at sea
Fossil Energy

Akastor becoming majority owner of Akofs thanks to $22.5 million deal with Japanese player

Norway-based oil services investment company Akastor has signed an agreement with Japan’s Mitsui & Co. to purchase the latter’s shares in Akofs Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services.

about 1 year ago
Nauticus wraps up initial tether-less survey scope for Shell in Gulf of Mexico
Fossil Energy

Nauticus wraps up autonomous, tether-less survey for Shell in Gulf of Mexico

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has completed its initial 2024 Gulf of Mexico survey scope for UK’s energy giant Shell, carried out autonomously without a tether. The work, performed for Shell Exploration and Production Inc., covered inactive

about 1 year ago
An offshore platform onboard a barge during maritime transport
Fossil Energy

Decade-long decom ops at Shell’s UK oil & gas field enter home stretch as final mammoth topside is skidded quayside

The last remaining topside from a Shell-operated oil and gas field situated northeast of the Shetland Islands has been lifted to the quay by Dutch heavy lifting and transport provider Mammoet.

about 1 year ago
Shearwater Geoservices has secured a contract from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, for a large deepwater 4D ocean-bottom node (OBN) seismic survey.
Fossil Energy

Shearwater secures 3D seismic survey project with Petronas in Suriname

Norwegian marine geoscience and technology company Shearwater Geoservices has secured a 3D seismic survey in Suriname with Malaysia’s state-owned energy giant Petronas, covering an expansive 6,000-square-kilometer area. The project builds on Shearwater’s existing work with Petronas in the region, f

about 1 year ago
An illustration of two plants on the coast
Fossil Energy

Contractor selection brings US LNG terminal closer to FID

Texas LNG, a subsidiary of Glenfarne Energy Transition, has selected compatriot construction and engineering services provider Kiewit to lead the engineering, procurement, and construction (EPC) of its proposed liquefied natural gas (LNG) terminal in Texas’ Port of Brownsville. Kiewit’s subsidiaries

about 1 year ago
Ongoing data reprocessing program at block off Uruguay to back farmout process targeted for mid-2025
Fossil Energy

Ongoing data reprocessing program at block off Uruguay to back farmout process targeted for mid-2025

Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is unde

about 1 year ago
Offshore rigs
Fossil Energy

Oil & gas license duo offshore Denmark formally changes hands following approval by Danish Energy Agency

The Danish Energy Agency (DEA) has cleared the transfer of ownership shares in two oil and gas licenses in the Danish sector of the North Sea.

about 1 year ago
Sea1 orders two methanol-ready offshore energy support vessels from China
Fossil Energy

Sea1 orders two methanol-ready offshore energy support vessels from China

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for two next-generation offshore energy support vessels (OESVs) that will be methanol-ready. Bernt Omdal, CEO of Sea1, said that the investment is part of the company’s

about 1 year ago
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