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Fossil Energy

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Bay du Nord FPSO; Source: Equinor
Fossil Energy

More court action brews on the horizon for giant Bay du Nord oil project

The legal challenges over the project’s approval do not seem to be over, as the appeal process regarding a lawsuit is waiting in the wings.

about 3 years ago
Noble Faye Kozack (for illustration purposes); Source: Noble Corp.
Fossil Energy

US offshore rig count drops down another notch

Baker Hughes’ weekly rig count report indicates that the number of offshore rigs in the United States went down a notch last week.

about 3 years ago
FSO Safer; Source: Boskalis
Fossil Energy

VLCC Nautica arrives in Yemen to transfer oil from ‘time bomb’ FSO Safer

A very large crude carrier the Nautica, bought in March by the UN Development Programme (UNDP) from Euronav, as part of a coordinated operation to remove oil from decaying FSO Safer, has arrived in Yemen. The arrival of the VLCC has been confirmed by Yemeni Foreign Minister, Ahmed Bin Mubarak. Nauti

about 3 years ago
Big Apple location map –Brazos Area, South Addition Blocks A87 &A90 approximately 200 km South of Houston; Source: Prominence Energy
Fossil Energy

Australian oil & gas firm gets its hands on two high-potential Gulf of Mexico blocks

Prominence Energy has been awarded two adjacent exploration blocks on the U.S. Outer Continental Shelf (OCS), which are located off Texas.

about 3 years ago
FPSO Kwame Nkrumah - Jubilee field; Source Tullow Oil
Fossil Energy

Second well comes online off Ghana with two more waiting in the wings

Tullow Oil has brought on stream the second of four wells on a field located offshore Ghana while the remaining two are slated to come online later this year.

about 3 years ago
FPSO Espoir Ivoirien; Source: Petrofac
Fossil Energy

Petrofac wins multi-million deal for FPSO recently sold by BW Offshore off Africa

Petrofac has secured an integrated services contract with CNR International for an FPSO, which is working off the Ivory Coast, West Africa.

about 3 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Fossil Energy

Longboat and JAPEX create new player on Norwegian oil & gas stage

Longboat Energy and JAPEX have completed all the steps required for the creation of their Norwegian joint venture (JV).

about 3 years ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Fossil Energy

Odfjell Drilling strengthens ties with Equinor and confirms two rig deals

Odfjell Drilling has inked contracts for one of its semi-submersible rigs to carry out drilling activities in the North Sea.

about 3 years ago
In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Fossil Energy

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

about 3 years ago
FPSO Atlanta; Source: Yinson (video)
Fossil Energy

Yinson buying FPSO destined for oil field off Brazil

Enauta has received a letter from Yinson, notifying about the exercise of an option to acquire an FPSO, which will operate at its field off Brazil.

about 3 years ago
ExxonMobil
Fossil Energy

ExxonMobil enriches its low-carbon arsenal with new acquisition worth $4.9 billion

ExxonMobil is getting its hands on – what it deems to be – the largest owned and operated CO2 pipeline network in the United States.

about 3 years ago
Shearwater to perform 'pioneering' survey over Norwegian gas field
Fossil Energy

Shearwater to perform ‘pioneering’ survey over Norwegian gas field

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has appointed Shearwater GeoServices to conduct a “pioneering” towed streamer survey with ocean bottom nodes (OBN) over its gas and condensate discovery offshore Norway. Under the contract, Shearwater is set to begin the hybrid survey ove

about 3 years ago
Petrojarl Knarr FPSO; Source: Equinor
Fossil Energy

One of UK’s largest undeveloped oil fields put on hiatus once again

Reports indicate that the decision on whether to approve or not one of the largest undeveloped oil fields in the UK is unlikely anytime soon.

about 3 years ago
FPSO Kwame Nkrumah - Jubilee field; Source Tullow Oil
Fossil Energy

Oil flows from first well offshore Ghana with three more to follow suit by year-end

Tullow Oil has brought on stream the first of four wells on a field off Ghana while the remaining three are expected online later this year.

about 3 years ago
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