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Fossil Energy

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Oil & GasProduction & ProcessingSubseaBusiness & FinanceBusiness Developments & ProjectsOutlook & StrategyFPSO & VesselsLow-Carbon TransitionRigsExploration & ProductionProject & TendersClean FuelLNGMarket OutlooksResearch & DevelopmentDecommissioningSurveys & InterventionsInfrastructureVesselsAuthorities & GovernmentRegulation & PolicyEquipmentTechnologyEnvironmentOffshore WindRules & RegulationTransitionVessels & VehiclesCollaboration
Expro finalizes acquisition of US well intervention firm
Fossil Energy

Expro finalizes acquisition of US well intervention firm

UK-headquartered energy services provider Expro has completed the acquisition of Houston-based offshore services provider PRT Offshore, said to enable the company to enhance its portfolio of services and solutions within the subsea well access sector in North and Latin America. The acquisition is al

about 3 years ago
FPSO Voyageur Spirit; Source: Altera Infrastructure
Fossil Energy

New 15-year deals enable Altera to redeploy FPSO and shuttle tanker at Eni’s African oil & gas project

Altera Infrastructure has secured contracts for the redeployment of an FPSO vessel and a shuttle tanker, which will be converted into an FSO.

about 3 years ago
GAZ-SYSTEM’s binding open season for Gdańsk FSRU 2 reaches new stage
Fossil Energy

GAZ-SYSTEM’s binding open season for Gdańsk FSRU 2 reaches new stage

Poland’s natural gas transmission system operator GAZ-SYSTEM has completed the process of registration of entities interested in participating in the binding open season procedure for Gdańsk FSRU 2. The operator requested the participants registered in the procedure to submit their binding offers to

about 3 years ago
Hybrid-battery-powered vessel backs DeepOcean on UK decommissioning gig
Fossil Energy

Hybrid-battery-powered vessel backs DeepOcean on UK decommissioning gig

Subsea services provider DeepOcean has completed a decommissioning project on a Fairfield Energy platform located on the UK continental shelf, with work conducted from a hybrid-battery-powered construction support vessel (CSV). As part of its scope, DeepOcean removed six subsea conductors and four v

about 3 years ago
Dyna-Mac's yard in Singapore; Source: Dyna-Mac
Fossil Energy

Dyna-Mac’s new multi-million deals include construction of FPSO topside modules

Dyna-Mac has tucked in a new batch of contract wins with existing customers worth a total provisional sum of S$88 million (over $64.1 million), expanding its net order book to S$630.7 million (more than $459.4 million).

about 3 years ago
FPSO Front Puffin; Source: ADM Energy
Fossil Energy

PetroNor boosts its stake in gas field off Nigeria

PetroNor has set the wheels in motion to increase its interest in the offshore mining lease no. 113 (OML 113), containing a gas field, offshore Nigeria

about 3 years ago
Alexandroupolis LNG terminal wins €106 million European Commission grant
Fossil Energy

Alexandroupolis LNG terminal wins €106 million European Commission grant

The European Commission has approved, under EU State aid rules, a €106 million Greek measure to support the completion of the construction of Gastrade’s liquefied natural gas (LNG) terminal in Alexandroupolis. The aid will take the form of a direct grant, and according to Gastrade, the promoter and

about 3 years ago
Depsea Yantai rig; Source: Neptune Energy
Fossil Energy

Odfjell Drilling-managed rig starts drilling ops for Neptune in North Sea

Neptune Energy has kicked off drilling activities at an appraisal well in the Norwegian sector of the North Sea, using a semi-submersible rig managed by Odfjell Drilling.

about 3 years ago
Baker Hughes scores ‘major technology order’ from Venture Global LNG
Fossil Energy

Baker Hughes scores ‘major technology order’ from Venture Global LNG

Energy technology company Baker Hughes has secured a contract with U.S.-based Venture Global LNG to provide a modularized LNG system and power island. The contract, which was described as a major gas technology equipment order, was awarded under a master equipment supply agreement between the two co

about 3 years ago
Adriatic I jack-up rig; Source: Shelf Drilling
Fossil Energy

Two Shelf Drilling jack-up rigs booked for work in Nigeria

Shelf Drilling has secured new contracts for two jack-up rigs in its fleet, which have been hired to carry out operations offshore Nigeria.

about 3 years ago
Petrobras
Fossil Energy

Petrobras weeks away from embarking on drilling campaign in ‘one of the world’s newest and most promising frontiers’

Petrobras is planning to kick off a drilling program in the Potiguar Basin on Brazil’s Equatorial Margin upon the arrival of a rig.

about 3 years ago
Illustration. Source: BOEM
Fossil Energy

US five-year offshore oil & gas leasing plan puts Biden between the devil and the deep blue sea

Biden administration is stuck between a rock and a hard place while trying to reconcile its climate agenda and offshore wind ambitions with the IRA’s giveaways to the fossil fuels lobby.

19 minutes read
Oil & gas supermajor books Argeo for three-month program
Fossil Energy

Oil & gas supermajor books Argeo for three-month program

Argeo is set to commence a three-month deepwater inspection program for a client that it described as an “oil and gas supermajor”. The agreement comprises deepwater autonomous underwater vehicle (AUV) inspection services and remotely operated vehicle (ROV) inspection separated in two detailed work p

about 3 years ago
Aker Solutions, Subsea7 and SLB joint venture closes
Fossil Energy

Aker Solutions, Subsea7 and SLB joint venture closes

Subsea7, SLB and Aker Solutions have closed the previously announced joint venture which will operate under the OneSubsea name. OneSubsea now comprises SLB’s and Aker Solutions’ subsea businesses, which include complementary subsea production and processing technology portfolio, manufacturing scale

about 3 years ago
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