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Fossil Energy

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Agbami field; Source: Equinor
Fossil Energy

Equinor disposes of its Nigerian business and stake in Chevron’s offshore oil field

Equinor is in the process of exiting Nigeria, thanks to a deal with Chappal Energies to sell its Nigerian business, which entails a stake in a Chevron-operated oil field.

about 2 years ago
Ashtead Technology Chief Executive, Allan Pirie with Founder and Chairman of ACE Winches, Alfie Cheyne; Source: Ashtead Technology
Fossil Energy

UK subsea firm broadens its horizons with acquisition of compatriot player

Ashtead Technology is augmenting its global offering by acquiring the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million (almost $67.7 million) on a cash and debt free basis.

about 2 years ago
Illustration; Source: Baron Oil
Fossil Energy

Operator closing in on environmental stamp of approval for drilling ops off Timor-Leste

Baron Oil has reached the first of three steps in securing environmental approvals for the drilling and testing of an appraisal well at a block offshore Timor-Leste.

about 2 years ago
Transocean Encourage rig; Source: Transocean
Fossil Energy

Go-ahead for Equinor to embark on drilling activities with Transocean rig

Equinor has received consent to use one of Transocean’s semi-submersible rigs on two fields located in the North Sea and Norwegian Sea, respectively.

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

Harbour Energy gearing up to kick off North Sea ops with Noble rig

Harbour Energy has secured a drilling permit to spud a wildcat well in the North Sea, using one of Noble Corporation’s jack-up rigs.

about 2 years ago
‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up
Fossil Energy

‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up

The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other. In this article: During the ‘Renewable energy: Innovate or accelerate?’ confe

about 2 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Fossil Energy

UK sees North Sea as ‘vital cog’ in its decarbonization and net zero journey

The UK’s regulator North Sea Transition Authority (NSTA) has highlighted the key role the North Sea basin has in helping the country to reach its net zero goals.

about 2 years ago
Live from Offshore Energy Exhibition & Conference 2023
Fossil Energy

Live from Offshore Energy Exhibition & Conference 2023

Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi

about 2 years ago
Castorone pipelaying vessel; Source: Saipem
Fossil Energy

Saipem scores $1.9 billion contract wins offshore Guyana and Brazil

Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil and Equinor.

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

Transocean rig becomes first semi-sub to sport DNV’s notation for GHG abatement

Transocean has tucked under milestone under its belt, thanks to one of its semi-submersible rigs being awarded DNV’s Abate (Power+) notation.

about 2 years ago
Kadri Simson, European Commissioner for Energy; Source: European Commission
Fossil Energy

CCS, hydrogen, and electricity cross-border energy projects hailed as ‘missing links’ to future-proof EU

EU’s PCI list entails grid upgrades and the buildout of more hydrogen, green electricity, and carbon capture, utilization, and storage (CCUS).

about 2 years ago
ABB wins technology solutions contract for Rio Grande LNG
Fossil Energy

ABB wins technology solutions contract for Rio Grande LNG

Switzerland-based technology company ABB has secured an order to deliver integrated automation, electrical and digital solutions for Phase 1 of the Rio Grande LNG facility (RGLNG Phase 1) in Brownsville, Texas, a project developed by U.S. energy company NextDecade. The contract was awarded by U.S. c

about 2 years ago
Sempra reshuffles its management team
Fossil Energy

Sempra reshuffles its management team

U.S. energy infrastructure company Sempra has made several changes in regard to its executive team with a view toward strengthening the company’s existing management capabilities and sustained financial and operational performance. The management updates are effective January 1, 2024, unless otherwi

about 2 years ago
Illustration; Source: Gulf Island Fabrication
Fossil Energy

Multi-million ‘critical’ fabrication projects land on US player’s Gulf of Mexico work agenda

Gulf Island Fabrication has secured multiple subsea fabrication awards with an undisclosed integrated subsea engineering, procurement, construction, and installation (EPCI) company.

about 2 years ago
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