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Fossil Energy

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Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Dana Petroleum joins Shell and Deltic as partner in North Sea asset

Deltic Energy has wrapped up the sale of a partial stake in a Shell-operated license, containing a prospect, which will be drilled this summer.

about 2 years ago
Dyna-Mac's yard in Singapore; Source: Dyna-Mac
Fossil Energy

Singapore player cheers ‘largest-ever contract win’ in its history

Singapore-based offshore builder Dyna-Mac has tucked a mega contract award under its belt for the construction of process modules.

about 2 years ago
West Libra & West Aquila drillships; Source: Northern Drilling
Fossil Energy

Pursuit of appeal for arbitration ruling regarding two canceled drillships hits a wall

Northern Drilling is contemplating its next steps after its attempts to appeal the court’s arbitration ruling related to canceled orders for two drillships with a South Korean shipbuilder came to naught.

about 2 years ago
Norwegian state-owned firm Petoro has awarded AGR, part of ABL Group with a frame agreement for the supply of supply independent consultancy and third-party verification studies across subsurface, dri
Fossil Energy

Petoro awards AGR frame agreement for suite of services

Norwegian state-owned firm Petoro has awarded AGR, part of ABL Group, with a frame agreement for the supply of independent consultancy and third-party verification studies across subsurface, drilling, and wells and field development. Petoro manages a direct financial stake in Norway’s oil and gas in

about 2 years ago
Deepwater Asgard drillship; Source: Transocean
Fossil Energy

Transocean drillship’s Gulf of Mexico drilling campaign extended by 365 days

Transocean has picked up a multi-million contract extension in the U.S. Gulf of Mexico for a drillship working for Hess Corporation.

about 2 years ago
Gas compressor for 'world's largest offshore CCS project' ordered from Japan
Fossil Energy

JERA, Petronas looking into CCS value chain between Japan and Malaysia

JERA has signed a JSA with Petronas to evaluate the feasibility of separating and capturing CO2 emitted by JERA in Japan and then transporting it to Malaysia for storage.

about 2 years ago
FPSO Atlanta is destined to work on Enauta's Atlanta field off the coast of Brazil; Source: Yinson Production
Fossil Energy

New merger in the offing giving birth to one of Latin America’s ‘largest and most diversified’ oil & gas players

Enauta has set the wheels into motion to bring into being a larger and more diversified independent oil and gas company in Latin America by proposing a business combination with a compatriot player, 3R Petroleum Óleo e Gás.

about 2 years ago
Harvey H. Ward jack-up rig is currently working in Middle East for Aramco (for illustration purposes); Source: Shelf Drilling
Fossil Energy

Suspension of gigs for four jack-up rigs deals a blow but Shelf Drilling’s fleet outlook still ‘optimistic’

Shelf Drilling has acknowledged the issues arising from a suspension of operations for four jack-up rigs in the Middle East.

about 2 years ago
Pilot field development plan; Source: Orcadian Energy
Fossil Energy

New operator takes the reins at UK’s huge undeveloped field ahead of development plan submission

Orcadian Energy has divested a lion’s share of its interest in a giant undeveloped North Sea field and passed the operatorship baton to Ping Petroleum UK.

about 2 years ago
Perenco
Fossil Energy

Oil & gas operator determined to find root cause of fatal fire incident on offshore platform

Perenco has taken steps to get to the bottom of a fire incident, which took place at its offshore platform located off the coast of Gabon.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

Will Great Britain unlock offshore energy opportunities worth hundreds of billions?

Policymakers have been urged to put supportive policies and competitive taxes in place to enable the UK to seize domestic energy opportunities.

about 2 years ago
New guidance to aid North Sea industry in managing CO2 storage sites
Fossil Energy

New guidance to aid North Sea industry in managing CO2 storage sites

UK regulator North Sea Transition Authority (NSTA) has published two sets of guidance expected to help the industry prepare for first carbon storage injection. The UK Government last year set out its vision for the carbon storage industry pledging up to £20 billion investment and suggesting that it

about 2 years ago
Illustration; Source: Shell
Fossil Energy

Shell hands out FEED work for Brazil-bound FPSO to MODEC

Shell has picked MODEC to provide the front-end engineering and design (FEED) services for an FPSO) destined to work off the coast of Brazil.

about 2 years ago
Salamanca FPS; Source: Audubon
Fossil Energy

US firm offloads stakes in several deepwater Gulf of Mexico oil & gas assets

Beacon Offshore Energy has wrapped up the sale of its non-operated interests in multiple fields in the deepwater Gulf of Mexico region.

about 2 years ago
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