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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionSubseaProject & TendersFPSO & VesselsLow-Carbon TransitionVessels & VehiclesInfrastructureVesselsRigsLiquefied Natural GasOperations & MaintenanceCollaborationAuthorities & GovernmentRegulation & PolicyRules & RegulationSafety
Brage platform; Source: OKEA
Fossil Energy

North Sea operator unveils $571 million investment in oil & gas field

OKEA has handed over a plan for the development and operation (PDO) of an oil and gas field in the North Sea off the coast of Norway.

about 2 years ago
Hejre jacket; Source: Apollo
Fossil Energy

UK player snaps up multimillion-dollar job on North Sea oil project

Apollo has been hired on a project management consultancy (PMC) contract, enabling it to work on a partially developed oil field in the North Sea.

about 2 years ago
FPSO Agogo; Source: Yinson Production
Fossil Energy

Yinson Production puts $1.3 billion financing in place for Angola-bound FPSO

Yinson Production has secured a limited recourse term loan facility of up to $1.3 billion for the pre-and post-delivery financing of an FPSO.

about 2 years ago
Normand Sentinel; Source: Solstad Offshore
Fossil Energy

Four Solstad vessels land more work in Asia and West Africa

Solstad Offshore has won new contracts for four members of its fleet, encompassing three CSVs and one AHTS vessel.

about 2 years ago
Noble Valiant drillship; Source: Noble Corporation
Fossil Energy

Noble drillship kicks off drilling ops in Gulf of Mexico

LLOG Exploration has started drilling an exploration/appraisal well in the U.S. Gulf of Mexico with one of Noble Corporation’s drillships.

about 2 years ago
FSRU Independence; Source: KN Energies
Fossil Energy

FSRU embarks on voyage to Denmark for drydock inspection

KN Energies (KN) has confirmed the departure of an FSRU to Denmark, where an inspection and repair is planned to be carried out in the dry dock.

about 2 years ago
FSRU Hoegh Galleon; Source: Höegh LNG
Fossil Energy

Höegh LNG’s FSRU hand-picked to bolster Egypt’s energy security

Höegh LNG has struck a deal with Australian Industrial Energy (AIE) and EGAS to deploy one of its FSRUs in Egypt.

about 2 years ago
Bay du Nord FPSO development concept; Source: Equinor
Fossil Energy

Subsea7 and OneSubsea hired to work on Wisting and Bay du Nord oil projects

Subsea Integration Alliance, comprising OneSubsea and Subsea7, has won a long-term strategic agreement with Equinor.

about 2 years ago
Valaris DS-9 drillship; Source: Valaris
Fossil Energy

Valaris ‘laser-focused’ on ensuring its rig fleet will be fully booked in 2024

Valaris is determined to find more employment for its rigs during 2024 to get all the current gaps in fleet assignments filled out, so that, there are no remaining available days.

about 2 years ago
Illustration; Courtesy of Shell
Fossil Energy

Shell collects $7.7 billion in profit against backdrop of lower energy prices

Shell has made strides in the pursuit of its strategy, which aims to bring more energy to the fore with a reduced emissions footprint.

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Fossil Energy

New task for Odfjell Drilling related to rig non-conformities stemming from emergency preparedness management

Odfjell Drilling has been asked to handle the identified non-conformities and improvement points regarding emergency preparedness management at a semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).

about 2 years ago
Illustration; Credit: Morten Berentsen/Equinor
Fossil Energy

Norway’s oil & gas production beats forecasts

Norway recorded a slight rise in oil and gas production in March 2023 compared to the Norwegian Offshore Directorate’s predictions.

about 2 years ago
Sonalika and Sarovar tugs; Source: Indian Register of Shipping
Fossil Energy

Indian yard launches vessel duo destined for work at offshore oil fields

Ship classification society Indian Register of Shipping (IRS) has confirmed the launch of two vessels at the San Marine yard in Kakinada.

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Fossil Energy

Equinor gets more info on oil discovery to gauge development option

Equinor has wrapped up drilling activities at an appraisal well in the Barents Sea off the coast of Norway with one of Odfjell Drilling’s rigs.

about 2 years ago
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