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Fossil Energy

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Beach Energy
Fossil Energy

More gas wells in the offing, as Beach Energy seeks green light for seabed surveys off Australia

Beach Energy has submitted an environment plan for geophysical and geotechnical seabed surveys off the coast of Australia.

about 2 years ago
Dr. Sultan Al Jaber, COP28 President
Fossil Energy

Will COP28 live up to the hype and establish an energy transition roadmap leaving no one behind?

The UAE plans to spearhead efforts at COP28 for a clear roadmap to step up net zero progress through “a pragmatic global energy transition.”

about 2 years ago
Fugro Venturer; Source: Fugro
Fossil Energy

Fugro’s survey enables Galp to embark on ‘sustainable and efficient’ energy ops off Namibia

Fugro has finished the fieldwork for an environmental and geophysical survey offshore Namibia, which was ordered by Galp.

about 2 years ago
Petrobras
Fossil Energy

Petrobras makes changes to its oil & gas production and CAPEX guidance

Brazilian state-owned oil and gas giant Petrobras has revised its oil and gas production and CAPEX guidance for 2023.

about 2 years ago
NAGA 2 rig; Source: Velesto Energy
Fossil Energy

Infill drilling campaign off Malaysia almost done, but four more wells may be on the cards

Jadestone, which is in the process of wrapping up its infill drilling program offshore Malaysia, is contemplating another four-well campaign.

about 2 years ago
Illustration; Source: Plexus
Fossil Energy

UK firm lands North Sea deal with Neptune

Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea.

about 2 years ago
In focus: Increase in fossil fuel production threatens global climate goals
Fossil Energy

In focus: Increase in fossil fuel production threatens global climate goals

Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough

about 2 years ago
FPSO Liza Unity; Credit: SBM Offshore
Fossil Energy

ExxonMobil doles out $1.26 billion for FPSO operating off Guyana

ExxonMobil has paid around $1.26 billion to SBM Offshore for an FPSO, which is working off the coast of Guyana.

about 2 years ago
Baker Hughes’ gas technology selected for Texas LNG export terminal
Fossil Energy

Baker Hughes’ gas technology selected for Texas LNG export terminal

Glenfarne Energy Transition has selected Baker Hughes to supply gas compression technology equipment for its Texas LNG export terminal to be constructed in the Port of Brownsville, Texas. The order for the gas technology equipment is part of the partnership between Glenfarne’s subsidiary Texas LNG a

about 2 years ago
Kingdom 1 jack-up rig; Source: ARO Drilling
Fossil Energy

WATCH: ARO Drilling and IMI hold naming ceremony for first of 20 planned newbuild jack-up rigs

ARO Drilling and International Maritime Industries held a naming ceremony for the first Saudi-operated and manufactured offshore jack-up rig.

about 2 years ago
Paul B. Loyd Jr. rig; Source: Transocean
Fossil Energy

Dolphin Drilling gets UK safety case acceptance for rig being acquired from Transocean

Dolphin Drilling has received safety case acceptance from the UK Offshore Major Accident Regulator (OMAR) for a semi-submersible rig.

about 2 years ago
Noble Discoverer (former Maersk Discoverer) rig; Source: Noble Corp
Fossil Energy

Well results showcase potential for standalone shallow oil development off Guyana

Well results off Guyana serve to further highlight the potential for a standalone shallow oil resource development across the block.

about 2 years ago
Penguins FPSO; Credit: Chris J Ratcliffe; Source: Greenpeace
Fossil Energy

Multi-million legal threat brews on UK horizon, as Shell sues Greenpeace for boarding North Sea-bound FPSO

Shell is in the process of bringing forth one of the biggest legal challenges Greenpeace has ever faced

about 2 years ago
UK oil & gas firm obtains approval to buy stake in two blocks off Angola
Fossil Energy

UK oil & gas firm obtains approval to buy stakes in Angolan offshore blocks

UK-headquartered Afentra, through its wholly-owned subsidiary Afentra (Angola) Ltd., has received approval from the Government of Angola for the acquisition of interests in two blocks offshore Angola from state-owned oil and gas company Sonangol. Afentra announced it had received the approval for th

about 2 years ago
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