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Fossil Energy

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Diamond's Ocean Courage; Source: Sembcorp Marine
Fossil Energy

Diamond Offshore rig kicks off its four-year gig with Petrobras

Diamond Offshore has confirmed the start of a new assignment for one of its semi-submersible rigs, which is working for Petrobras offshore Brazil.

about 2 years ago
Deepsea Mira (former West Mira) semi-sub rig; Credit: Seadrill
Fossil Energy

TotalEnergies boosts its stake in Namibian oil discovery with acquisition of more interests in two offshore blocks

TotalEnergies has inked an agreement with Impact Oil and Gas Namibia to get its hands on additional interests in two blocks located offshore Namibia.

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

Semi-sub rig finds ‘significant’ oil discovery offshore Namibia

Galp has confirmed a light oil discovery in a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.

about 2 years ago
Valaris DS-4 drillship; Source: Valaris
Fossil Energy

Valaris drillships and jack-ups scoop up over $1 billion for new rig deals

Valaris has tucked $1.14 billion under its belt, thanks to multiple new contracts and extensions for its drillships and jack-up rigs in Brazil, the U.S. Gulf of Mexico, the UK North Sea, Trinidad, and Australia.

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Fossil Energy

Noble jack-up rig finds more work in North Sea

Noble Corporation has secured a new assignment for one of its harsh environment jack-up rigs with Wintershall Noordzee.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Fossil Energy

Dolphin Drilling mulling over proposed payment plan for rig job in Nigeria

Dolphin Drilling is pondering over a proposed payment plan, which has been received from General Hydrocarbons Limited (GHL) for the work one of its semi-submersible rigs is undertaking in Nigeria.

about 2 years ago
DeepOcean charters converted battery-powered vessel to boost subsea offering
Fossil Energy

DeepOcean charters converted battery-powered vessel to boost subsea offering

Norway’s DeepOcean is set to charter a converted, battery-powered offshore support vessel from shipowner Island Offshore to further enhance its subsea offering to the offshore renewables and oil & gas industries. DeepOcean has entered into a long-time charter agreement with Island Offshore for the I

about 2 years ago
Illustration; Source: Australian Energy Producers (former APPEA)
Fossil Energy

EnergyQuest: What’s in store for Australia’s gas industry?

EnergyQuest has provided its take on Australia’s gas outlook, shedding more light on what awaits the country in the future.

about 2 years ago
China's first FSRU Transgas Power had its naming ceremony
Fossil Energy

Energos Infrastructure acquires Dynagas FSRU duo on charter in Germany

Marine LNG infrastructure company Energos Infrastructure, majority-controlled by Apollo-managed funds and minority shareholder New Fortress Energy (NFE), has completed the acquisition of two floating storage and regasification units (FSRUs) from affiliates of Dynagas, an LNG maritime transportation

about 2 years ago
French-Dutch deal targets CCUS
Fossil Energy

French-Dutch cooperation targets CCUS

France-headquartered CGG and Dutch C-Questra have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS). “The purpose of the cooperation agreement is quite simply to go much faster. CGG contributes human and technological resources, while C-Questra implem

about 2 years ago
Courtesy of ADNOC
Fossil Energy

ADNOC expands its carbon management footprint by investing in Storegga

ADNOC has made its first international equity investment foray in carbon management by becoming a lead investor in Storegga.

about 2 years ago
Canada’s Ksi Lisims LNG concludes first LNG offtake agreement with Shell
Fossil Energy

Canada’s Ksi Lisims LNG concludes first LNG offtake agreement with Shell

Canada’s Ksi Lisims LNG, a co-development of the Nisga’a Nation, Rockies LNG, and Western LNG, has signed a 20-year LNG sale and purchase agreement (SPA) with Shell. This is the first LNG offtake agreement executed by Ksi Lisims LNG. Under the agreement, Shell will purchase 2 million tonnes of LNG p

about 2 years ago
NextDecade enters $62.5M credit deal as work on Rio Grande LNG progresses
Fossil Energy

NextDecade enters $62.5M credit deal as work on Rio Grande LNG progresses

NextDecade LNG, a wholly owned subsidiary of U.S.-based energy company NextDecade, has made a credit agreement with MUFG Bank, as lender and administrative agent that provides for a $50 million senior secured revolving credit facility and a $12.5 million interest term loan to be utilized, among othe

about 2 years ago
Illustration; Source: Castrol
Fossil Energy

Castrol: Will hydraulic systems bridge shift to all-electric subsea oil & gas production?

Castrol, part of the BP group, has provided its take on whether hydraulic systems will be thrown out with the all-electric subsea production bathwater.

about 2 years ago
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