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Fossil Energy

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A Coast Guard Station Freeport 45-foot Response Boat-Medium boatcrew rescues three boaters aboard an oil rig after their vessel began sinking near Freeport, Texas; Credit: U.S. Coast Guard photo by St
Fossil Energy

Gallery: Three stranded offshore workers rescued from oil rig in U.S. waters

The U.S. Coast Guard has carried out a rescue mission of three offshore workers from an oil rig off the coast of the United States.

about 3 years ago
In focus: Energy security in Europe – New links to strengthen the chain
Fossil Energy

In focus: Energy security in Europe – New links to strengthen the chain

Ever since the first days of the Russia-Ukraine war, energy security has been one of the top global concerns and – with gas supply issues still high on the agenda and another winter coming, accompanied by recent warnings from the Dutch intelligence and NATO on potential dangers to the offshore energ

about 3 years ago
Modular offshore platform; Source: Aquaterra Energy
Fossil Energy

In with green hydrogen, out with black gold: Will this be a blueprint for the Middle East’s energy transition or is there something else in store?

The Middle East is pivoting towards renewables and green hydrogen while building a more sustainable oil and gas sector.

about 3 years ago
Oil & gas firm awarded offer of CO2 storage licenses in UK's first-ever such round
Fossil Energy

Oil & gas firm secures offers in UK’s first-ever CO2 storage licensing round

UK oil and gas company EnQuest has secured the offer of carbon storage licenses as part of the UK’s first-ever round of carbon sequestration licenses issued by the North Sea Transition Authority (NSTA). The license offers are within application areas known as Northern North Sea 1 and Northern North

about 3 years ago
FPSO Okha; Source: Woodside
Fossil Energy

Jadestone becomes owner of BP’s stake in Australian oil-producing fields

Jadestone has received approval for the title transfer regarding the acquisition of BP’s stake in a Woodside-operated project off Australia.

about 3 years ago
Buzzard oil and gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Fossil Energy

In the midst of industrial unrest in UK’s oil & gas sector, CNOOC inks ‘significant recognition’ deal

The UK’s Unite the union has secured – what it deems as – a recognition deal with CNOOC Petroleum Europe Limited (CNOOC).

about 3 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Fossil Energy

New task for Noble to tackle nonconformities on jack-up rig

Norwegian regulator has carried out an audit of management of materials handling and the working environment on one of Noble’s jack-up rigs.

about 3 years ago
'Sizeable' contract win for Aker Solutions with ExxonMobil
Fossil Energy

‘Sizeable’ contract win for Aker Solutions with ExxonMobil

ExxonMobil has awarded Aker Solutions with a contract to deliver dynamic and static subsea umbilicals for its recently sanctioned project in Guyana. The contract includes the delivery of three dynamic and seven static umbilicals totaling over 52 kilometers in length for the Uaru project. Project exe

about 3 years ago
Petrobras
Fossil Energy

Petrobras sending rig hired for drilling ops at Brazilian block elsewhere following IBAMA’s rejection

After IBAMA’s rejection, Petrobras will move to another location a rig brought in preparation for drilling activities on a block off Brazil.

about 3 years ago
After Brazil, Equinor appoints TechnipFMC for work offshore Norway
Fossil Energy

After Brazil, Equinor appoints TechnipFMC for work offshore Norway

TechnipFMC has secured what it describes as a “significant” contract with Equinor to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf (NCS). Under the agreement, TechnipFMC will provide production enhancement, production data, and pre-plug-and-abandonment

about 3 years ago
More time for UK oil & gas firm to get funding for purchase of North Sea license
Fossil Energy

‘No guarantee sale will be completed’ as UK firm faces another delay in purchase of North Sea license

United Oil & Gas (UOG) has agreed to give more time to UK-headquartered oil and gas company Quattro Energy to secure funding for the purchase of a license in the UK Central North Sea that includes an existing hydrocarbon discovery. The two parties entered into a binding asset purchase agreement (APA

about 3 years ago
Due to expected storm, Helix vessel departs towards Tui field ahead of schedule
Fossil Energy

Storm forecast speeds up Helix vessel’s departure towards Tui field

Due to a forecast storm event, Helix Energy Solutions’ semi-submersible vessel Q7000 has departed earlier than planned from Port Taranaki in New Zealand towards the Tui field where it will perform decommissioning work. Q7000 will plug and abandon the wells across the Tui field as part of Phase 3 of

about 3 years ago
Saudi giant creates new leadership positions to drive growth plans
Fossil Energy

Saudi giant creates new leadership positions to drive growth plans

Saudi state-owned oil and gas giant Aramco has appointed presidents of its upstream and downstream businesses to support the company’s growth plans. Aramco has appointed Nasir K. Al-Naimi as President of its Upstream business and Mohammed Y. Al Qahtani as President of its Downstream business, both r

about 3 years ago
20 carbon storage licenses on offer offshore UK
Fossil Energy

20 carbon storage licenses offshore UK offered to 12 companies

The North Sea Transition Authority (NSTA) has offered 12 companies awards for 20 carbon storage licenses in the UK’s first-ever CO2 storage licensing round. The NSTA launched the UK’s first-ever carbon storage licensing round in June 2022, with applications closing in September. The 20 licenses in t

about 3 years ago
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