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Fossil Energy

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16-year-old vessel returns to VARD for conversion
Fossil Energy

16-year-old vessel returns to VARD for conversion

A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

about 2 years ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Fossil Energy

Drilling program and well intervention campaign on Serica’s 2024 agenda in North Sea

Serica Energy is preparing to kick off its four-well drilling campaign and work-over program in the UK sector of the North Sea.

about 2 years ago
Transocean Norge; Source: Transocean
Fossil Energy

Wintershall Dea’s drilling ops with Transocean rig cleared for take-off

Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

about 2 years ago
Illustration; Source: CNOOC
Fossil Energy

CNOOC brings online China’s ‘largest’ offshore oilfield secondary development and adjustment project

CNOOC Limited has kicked off production from an oilfield secondary adjustment and development project, which is located in Liaodong Bay of Bohai Sea.

about 2 years ago
After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project
Fossil Energy

After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project

Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is powering subsea equipment off the coast of Orkney, Scotland, through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, nearing 12 months in the water, has c

about 2 years ago
Kate Thomson, BP's interim CFO; Source: BP
Fossil Energy

BP hands chief financial officer role to its interim CFO

UK-headquartered energy giant BP has decided to appoint its interim Chief Financial Officer (CFO) to the CFO role.

about 2 years ago
Illustration; Source: PTTEP
Fossil Energy

As ink dries on another collaboration deal, PTTEP going in hot pursuit of CCS tech advancement

PTTEP has inked a memorandum of understanding (MoU) with Mahidol University, which will enable it to bolster CCS technology in Thailand.

about 2 years ago
Golar LNG
Fossil Energy

Venezuela and Bermuda player in talks over potential FLNG tech investment

Golar LNG is engaged in discussions with the Venezuelan ministry regarding a potential investment in FLNG technology in the South American country.

about 2 years ago
FPSO Prosperity works at Payara, Guyana’s third offshore oil development on the Stabroek Block; Source: ExxonMobil
Fossil Energy

ExxonMobil and Chevron amass over $57 billion in profits during 2023 while new acquisitions fuel portfolio growth

ExxonMobil and Chevron have raked in huge profits over the course of the past year, recording $36 billion and $21.37 billion, respectively.

about 2 years ago
Illustration; Source: McDermott
Fossil Energy

McDermott confirms pair of new deals for work on Qatar’s largest oil field

McDermott has corroborated the award of two EPCIC contracts for the development of the next phase of the largest oil field offshore Qatar.

about 2 years ago
MOL emerges as preferred supplier of Poland’s first FSRU
Fossil Energy

MOL emerges as preferred supplier of Poland’s first FSRU

After revealing two potential suppliers in November 2023, Poland’s natural gas transmission system operator GAZ-SYSTEM has now selected Japanese shipping major Mitsui O.S.K. Lines (MOL) as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned L

about 2 years ago
Titania jack-up rig; Source: Paratus
Fossil Energy

New multi-million drilling gig keeps jack-up rig busy off Mexico

SeaMex, a subsidiary of Paratus Energy Services Limited, has won a new drilling assignment for one of its jack-ups offshore Mexico.

about 2 years ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies to splash out $903 million on its gas footprint expansion off Malaysia

TotalEnergies has set the wheels into motion to enrich its overall gas portfolio with more assets offshore Malaysia.

about 2 years ago
MOPU TSEVEN SHIRLEY; Source: T7 Global
Fossil Energy

Brand-new MOPU ready to set sail for Asian offshore oil field

T7 Global has unveiled its new mobile offshore production unit (MOPU) at a grand naming ceremony held at the grounds of China State Shipbuilding Corporation Beihai Shipyard in Qing Dao, China.

about 2 years ago
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