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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersClean FuelLiquefied Natural GasOutlook & StrategyFPSO & VesselsProduction & ProcessingSubseaEquipmentLow-Carbon TransitionExploration & ProductionTransitionRigsCollaborationVisionRegulation & PolicyDecommissioningSeismicSurveys & InterventionsVessels & VehiclesHydrogenOther FuelsResearch & Development
Illustration; Source: Woodside
Fossil Energy

Woodside and Santos multi-billion merger talks come to naught

Woodside and Santos have put an end to their discussions concerning a potential A$85.7 billion (about $55.9 billion) merger.

about 2 years ago
QatarEnergy and Petronet agree on 20-year LNG supply to India
Fossil Energy

QatarEnergy and Petronet agree on 20-year LNG supply to India

Qatar’s state-owned energy giant QatarEnergy has signed a 20-year sale and purchase agreement (SPA) with India’s Petronet LNG for the supply of 7.5 million tons per annum (mtpa) of LNG to the Republic of India. The contracted LNG volumes from Qatar will be delivered ex-ship to terminals across India

about 2 years ago
FPSO Léopold Sédar Senghor; Source: Seatrium
Fossil Energy

MODEC gives African FPSO job to Norwegian player

Axess Group has landed a long-term inspection contract for a recently converted FPSO, which is destined to work on Woodside’s oil project.

about 2 years ago
Oceaneering reels in $200 million in new contracts
Fossil Energy

Oceaneering reels in $200 million in new contracts

Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr

about 2 years ago
Argos platform in the Gulf of Mexico; Source: BP
Fossil Energy

BP’s profit cut in half but $13.8 billion still cinched in 2023

Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

about 2 years ago
Valaris DPS-1 rig; Source: Valaris
Fossil Energy

Valaris rig kicks off drilling ops at Woodside’s gas field off Australia

Valaris has confirmed the spudding of the first well in an eight-well campaign, which is being undertaken by one of its semi-submersible rigs.

about 2 years ago
Morten Haug Emilsen, Manager for Well Control at AGR.
Fossil Energy

Vår Energi awards Norwegian firm with long-term well control contract

Norwegian energy services company AGR has secured a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf (NCS). Under the framework agreement, AGR is set to provide services within blowout conti

about 2 years ago
Höegh LNG settles disputes with charterer of PGN FSRU Lampung
Fossil Energy

Höegh LNG settles disputes with charterer of PGN FSRU Lampung

Bermuda-based owner and operator of LNG carriers and FSRUs Höegh LNG has provided an update stating that the previously disclosed disputes and pending arbitrations with the charterer of PGN FSRU Lambung, which is serving Pertamina’s Perusahaan Gas Negara (PGN) off Indonesia, have been settled. In a

about 2 years ago
Aras Driller jack-up rig; Source: Ocean Oilfield
Fossil Energy

1979-built jack-up rig wraps up its assignment off UAE

Ocean Oilfield Integrated Solutions has confirmed the completion of a plug & abandonment program, which one of its jack-up rigs carried out at an offshore field in the UAE for Atlantis (UAQ) Limited.

about 2 years ago
Shearwater GeoServices goes to India
Fossil Energy

Shearwater GeoServices goes to India

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel

about 2 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Fossil Energy

International offshore rig count activity gets a boost in January

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Shell takes Valaris jack-up rig for upcoming North Sea drilling ops

Shell has hired a heavy-duty jack-up rig from Valaris, an offshore drilling contractor, for a two-well drilling campaign in 2024.

about 2 years ago
Sempra and JBIC join forces to pursue energy transition opportunities
Fossil Energy

Sempra and JBIC join forces to pursue energy transition opportunities

Houston-based Sempra Infrastructure, a subsidiary of Sempra, and Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding (MoU) to collaborate on energy transition opportunities, such as LNG and hydrogen, in the United States and Japan. The MoU will see Sempra and JB

about 2 years ago
Venture Global and Grain LNG pen long-term LNG deal
Fossil Energy

Venture Global and Grain LNG pen long-term LNG deal

U.S. Venture Global LNG and UK National Grid Grain LNG have signed a binding long-term terminal use agreement (TUA), enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, U.S., including CP2 LNG, subject to obtaining necessary federal permits. Under the agr

about 2 years ago
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