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Fossil Energy

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Illustration; Source: Shelf Drilling
Fossil Energy

Shelf Drilling all done with triangular merger

Shelf Drilling (SHLF) has wrapped up a business combination structured as a triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS) as the surviving entity in the proposed business combination, and SHLF as the issuer of the merger consideration shares.

about 1 year ago
Fulmar platform in UK waters; Source: Repsol
Fossil Energy

Baker Hughes and Repsol enhancing oil & gas production with AI-powered solutions

Baker Hughes has pooled resources with Spain’s Repsol to bring new artificial intelligence (AI) processes and workflows into play to unlock further improvements in the oil and gas production arena.

about 1 year ago
Closeup view of pipes onboard a vessel
Fossil Energy

Swiss player procures 8 LNG carriers compressor gig with Hanwha Ocean

Swiss compression specialist Burckhardt Compression has received an order to deliver liquefied natural gas (LNG) boil-off-gas handling compressors for eight LNG carriers built by South Korea’s shipbuilder Hanwha Ocean.

about 1 year ago
SLB OneSubsea to deliver full subsea equipment scope for one of Brazil’s largest producing assets
Fossil Energy

SLB OneSubsea to deliver full subsea equipment scope for one of Brazil’s largest producing assets

SLB’s OneSubsea joint venture (JV) has secured what it says is a major contract with Brazil’s state-owned energy giant Petrobras to deliver the full subsea equipment scope for a deepwater project in the Campos Basin off Brazil. Following a competitive tender, OneSubsea has been appointed to deliver

about 1 year ago
Darwin LNG; Source: Santos
Fossil Energy

Santos secures $800 million loan to wrap up life extension works at Australian LNG project

Santos has obtained the required financing to complete all the tasks on a liquefied natural gas (LNG) project’s life extension checklist and start production from its gas development project off the coast of Australia, which will backfill Darwin LNG (DLNG) for up to two decades.

about 1 year ago
Firefighting operation related to the stricken Annika oil tanker in the Baltic Sea; Source: Die Seenotretter - DGzRS
Fossil Energy

Black smoke billows out as fire burns at oil tanker off Germany’s Baltic Sea coast

A seven-member crew has been evacuated and taken ashore after a fire broke out in the engine room of an oil tanker off the coast of Germany, however, efforts continue to put out the blaze.

about 1 year ago
Rendering of Scarborough FPU
Fossil Energy

Massive $12.5B gas project over two-thirds done as Saipem puts in ‘critical piece of infrastructure’ offshore Australia

Woodside is continuing to make inroads in developing its giant energy project off the coast of Australia.

about 1 year ago
Sabratha platform; Source: Mellitah Oil & Gas
Fossil Energy

Libyan player looking for contractors for offshore platform job

Mellitah Oil & Gas (MOG) Libyan Branch, a consortium formed by the National Oil Corporation of Libya and Eni North Africa, has invited interested engineering, procurement, construction, and commissioning (EPCC) firms experienced in offshore production fixed platform systems to express their interest

about 1 year ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Fossil Energy

ConocoPhillips hires Sea1 Offshore vessels to support Transocean rig’s drilling ops

ConocoPhillips has picked anchor handling tug supply vessels (AHTSVs) for its upcoming Otway exploration drilling program (OEDP) in 2025, which will be done with a semi-submersible rig owned by Transocean, a Switzerland-based offshore drilling contractor.

about 1 year ago
A large vessel at sea with a smaller vessel accompanying it
Fossil Energy

US offshore crewing player enters second country in ‘booming’ Caribbean oil & gas market

Core Group Resources (CGR), a Texas-based firm specializing in the provision of personnel for, among others, the offshore industry, has acquired Guyana’s provider of personnel and operational support for the oil and gas industry Core Nations, previously known as Nations.

about 1 year ago
Illustration; Source: MODEC
Fossil Energy

MODEC and Toyo set up shop in India for FPSO work

Offshore Frontier Solutions, a MODEC Group company, has joined forces with Toyo Engineering India Private to establish a global capability center in Bengaluru, India, which will be a joint venture company, called TOYO MODEC OFS India (OFS India).

about 1 year ago
A large vessel with LNG written on the side near the shore with four plants
Fossil Energy

Singaporean-Korean pair shakes hands on joint LNG procurement

Singapore’s Energy Market Authority (EMA) and Korea Gas Corporation (KOGAS) have penned a memorandum of understanding (MoU) to expand their cooperation in the liquefied natural gas (LNG) arena.

about 1 year ago
Largest US CO2 offshore storage site comes into ExxonMobil's hands
Fossil Energy

Largest US CO2 offshore storage site comes into ExxonMobil’s hands

U.S. energy giant ExxonMobil has secured access to over 271,000 acres of offshore CO2 storage in Texas state waters, said to be the largest of its kind in the U.S., through a lease with the Texas General Land Office (GLO). This is said to add significant storage potential to ExxonMobil’s carbon capt

about 1 year ago
TotalEnergies
Fossil Energy

TotalEnergies pens charter deal with Spanish shipowner for new LNG bunker vessel

France’s energy giant TotalEnergies has signed a charter agreement with Spanish shipowner Ibaizabal for a new liquefied natural gas (LNG) bunker vessel of 18,600 cbm capacity.

about 1 year ago
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