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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersSubseaEquipmentAuthorities & GovernmentRegulation & PolicyRules & RegulationFPSO & VesselsRigsOperations & MaintenanceSafetyClean FuelHydrogenCarbon Capture Usage & StorageOutlook & StrategyTransitionLow-Carbon TransitionEnvironment
Preferred tie-in point of Anning and Somerville fields to Shell’s infrastructure (Corvette and Leman-A platforms); Source: Hartshead
Fossil Energy

UK player adds more North Sea assets to its oil & gas portfolio

Viaro’s RockRose has wrapped up a farm-in agreement with Hartshead Resources for a stake in the Southern North Sea redevelopment project.

about 3 years ago
Trendsetter orders well intervention valves for Gulf of Mexico project from Scotland
Fossil Energy

Trendsetter orders well intervention valves from Scotland

Scotland-headquartered subsea intervention technology company Interventek has secured a contract with the U.S. Trendsetter Engineering for the delivery of well intervention valves for a Gulf of Mexico project. As part of the deal, Interventek will deliver a complete set of fully qualified 20,000psi

about 3 years ago
Illustration. Source: Equinor
Fossil Energy

Norway opens doors to more exploration in predefined areas with new oil & gas licencing round

Norway has launched APA 2023 round for further exploration activity, encompassing the predefined areas on the Norwegian continental shelf.

about 3 years ago
BM-C-33 project; Source: Equinor
Fossil Energy

Equinor doles out two deals for recently sanctioned $9 billion oil & gas project

Norwegian state-owned energy giant Equinor has awarded two contracts for its recently sanctioned oil and gas project in the Campos Basin offshore Brazil.

about 3 years ago
Transocean Equinox rig; Source: Transocean
Fossil Energy

‘Major’ operator books Transocean’s idle rig for work off Australia

Transocean has secured a new contract in Australia for a semi-submersible rig, which has been in idle mode since October 2022.

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Fossil Energy

With scheduled maintenance stoppage on, Brazilian FPSO goes offline

Enauta has initiated a scheduled maintenance shutdown for an FPSO, which is currently working on a field offshore Brazil.

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Fossil Energy

New task for Transocean regarding rig working off Norway

Norwegian offshore safety regulator has carried out an audit of stability and marine systems on one of Transocean’s semi-submersible rigs.

about 3 years ago
UK 'treasure map' to show North Sea's carbon capture and storage potential
Fossil Energy

UK ‘treasure map’ to show North Sea’s carbon capture and storage potential

The UK Government is planning to create a “treasure map” which will show how much carbon capture and storage (CCS) could be possible under the North Sea seabed. The plan envisages that companies that already have a license to store carbon will have to report what they find to the North Sea Transitio

about 3 years ago
FPSO for the BM-C-33 project; Source: MODEC
Fossil Energy

MODEC hired to provide ‘one of the most complex’ FPSOs in its history

MODEC has signed a sales and purchase agreement with Equinor to supply an FPSO, which will work at a recently sanctioned project off Brazil.

about 3 years ago
FSO Palanca; Source Stapem Offshore
Fossil Energy

With delays out of the way, UK oil & gas firm enters Angola

Afentra plc has completed the acquisition of interests in two blocks offshore Angola from Croatia’s INA-Industrija Nafte. This marks the UK player’s entry into Angola.

about 3 years ago
Environmental Defense Fund Europe (EDFE)
Fossil Energy

Good omen for getting rid of methane menace, as EU signals readiness to scale up reduction efforts

European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.

about 3 years ago
Ocean BlackHawk drillship; Source: Diamond Offshore
Fossil Energy

New jobs for Diamond Offshore’s rig fleet in U.S. and UK as drilling market shows signs of ‘broad-based upcycle’

Diamond Offshore has secured new contracts and extensions with higher day rates for several rigs in the U.S. Gulf of Mexico and the UK North Sea.

about 3 years ago
NAGA 4 rig; Source: Velesto Energy
Fossil Energy

Petronas takes three Velesto jack-up rigs for drilling ops off Malaysia

Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs with Petronas Carigali.

about 3 years ago
Norbe VI; Source: Ocyan
Fossil Energy

Field revitalisation yields ‘evidence’ of oil in prospect off Brazil

PRIO, formerly known as PetroRio, has uncovered proof of the existence of oil in a prospect located off the coast of Brazil.

about 3 years ago
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