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Fossil Energy

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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
USCG performs third medevac in three months from Allseas pipelayer
Fossil Energy

USCG performs third medevac in three months from Allseas pipelayer

The U.S. Coast Guard (USCG) has performed a medevac of a crew member from one of Allseas’ vessels located approximately 13 miles south of Port Fourchon, Louisiana. This represents the third assistance to personnel on board the vessel in the last couple of months. Coast Guard Eighth District and Coas

about 3 years ago
Two new contracts reel in $850 million for Saipem
Fossil Energy

Two new contracts reel in $850 million for Saipem

Italian oilfield services provider Saipem has secured two new offshore contracts with an overall value of approximately $850 million. Saipem has been awarded an engineering, procurement, construction and installation (EPCI) contract by Turkish Petroleum OTC for the second phase of the Sakarya FEED a

about 3 years ago
Fifth well in Black Sea drilling campaign finds more 'abundance of gas pay'
Fossil Energy

Fifth well in Black Sea drilling campaign finds ‘abundance of gas pay’

Canada’s oil and gas player Trillion Energy has discovered an ‘abundance of gas pay’ with the fifth well in its multi-well program at a natural gas field in the Black Sea off Türkiye. The Bayhanli 2 well was spud on 5 April at the East Ayazli Tripod on the SASB gas field with the Uranus rig, which w

about 3 years ago
Petrobras discovers hydrocarbons in Brazil's Santos Basin
Fossil Energy

Petrobras discovers hydrocarbons in Brazil’s Santos Basin

Brazilian state-owned oil and gas giant Petrobras has discovered hydrocarbons in an exploratory well in the Aram block in the Santos Basin pre-salt offshore Brazil. The 3-BRSA-1387D-SPS well is located 260 kilometers from the city of Santos-SP, at a water depth of 1,979 meters. According to Petrobra

about 3 years ago
Valeura Energy reports 'remarkable achievement' at Thai oil field shortly after acquisition
Fossil Energy

‘Remarkable achievement’ at Thai oil field shortly after operator switch

Canada-based oil and gas company Valeura Energy has reached a production milestone from an oil field in the Gulf of Thailand, marking it as a “remarkable achievement”. Valeura Energy announced that as of 15 May, the Jasmine oil field had produced its 90 millionth barrel of oil, greatly exceeding the

about 3 years ago
Beach Energy connects two new wells to Otway Gas Plant
Fossil Energy

Beach Energy connects two new wells to Otway Gas Plant

Australian oil and gas company Beach Energy has connected two new wells to its Otway Basin development, now delivering additional gas into the Australian East Coast gas market. At the start of 2022, Beach Energy confirmed that the first two wells of its offshore Otway Basin campaign – Geographe 4 an

about 3 years ago
Danish firm appointed to green recycle SBM Offshore's FPSO
Fossil Energy

SBM Offshore FPSO to undergo green recycling in Denmark

Netherlands-headquartered SBM Offshore has awarded Modern American Recycling Services Europe (M.A.R.S.) with a contract for dismantling and green recycling of one of its FPSOs. The contract includes engineering, preparation, dismantling and green recycling of SBM Offshore’s FPSO Capixaba in Brazil.

about 3 years ago
Helix vessel arrives at port to get ready for Tui decommissioning activities
Fossil Energy

Helix vessel at port getting ready for Tui decommissioning activities

Helix Energy Solutions’ semi-submersible vessel Q7000 has arrived at Port Taranaki in New Zealand to commence the third phase of a field decommissioning project. Q7000, which arrived at the port on 16 May, will plug and abandon the wells across the Tui field as part of Phase 3 of decommissioning act

about 3 years ago
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