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Fossil Energy

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Transocean Enabler rig (for illustration purposes); Source: Transocean
Fossil Energy

U.S. offshore rig count comes to a standstill

Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.

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

Despite potential for more, Enauta keeps production at lower level from new well

Enauta has concluded the production ramp-up of the first well in its three-well drilling campaign at a field offshore Brazil.

about 3 years ago
After appointing new CEO, UK oil & gas firm names COO and Executive Director
Fossil Energy

After appointing new CEO, UK oil & gas firm names COO and executive director

UK and Ireland-focused oil and gas exploration, development, and production company Europa Oil & Gas (EOG) has appointed Alastair Stuart as Chief Operating Officer and an Executive Director of the company, effective immediately. Stuart has been a consultant at Europa Oil & Gas since 2012 and more re

about 3 years ago
FPSO Abo; Source: BW Offshore
Fossil Energy

Two FPSOs get more work in Nigeria and Ivory Coast

BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.

about 3 years ago
Fast4Ward FPSO design; Source: SBM Offshore
Fossil Energy

SBM Offshore gets financing from 13 banks for largest Brazil-bound FPSO

SBM Offshore has completed the project financing of an FPSO, which is destined to work at the Búzios field off Brazil, for a total of $1.63 billion.

about 3 years ago
Norve jack-up rig; Source: Borr Drilling
Fossil Energy

Development project off Gabon days away from first oil

BW Energy has wrapped up the drilling and completion operations at the first well in in its multi-well drilling campaign offshore Gabon.

about 3 years ago
Illustration; Source: Institute for Energy Economics and Financial Analysis (IEEFA)
Fossil Energy

In focus: Net-zero future needs a jigsaw of solutions, with CCS acting as linchpin

Achieving a net-zero future is a challenging task for all countries around the globe. The problematic pieces of the energy transition jigsaw need to shrink as renewable energy sources continue to be explored, expanded and nurtured through new investments.

about 3 years ago
Illustration; Source: BOEM
Fossil Energy

Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil & gas lease sale

The latest oil and gas lease sale for acreage in federal waters in the Gulf of Mexico gathered nearly $264 million in high bids.

about 3 years ago
ADNOC Offshore
Fossil Energy

UAE player scopes up $2.6 bln deal while unveiling new turnkey offering to ‘revolutionise offshore oil and gas logistics’

ADNOC Logistics & Services has revealed a new deal with ADNOC Offshore, which amounts to $2.6 billion (AED9.5 billion).

about 3 years ago
Marathon Oil
Fossil Energy

Chevron, Marathon Oil and Equatorial Guinea govt pursuing further development of Gas Mega Hub

Heads of Agreement (HOA) has been inked to move forward with the next phases in the development of Equatorial Guinea’s Gas Mega Hub (GMH).

about 3 years ago
Four out of six companies awarded CO2 storage license offshore Norway
Fossil Energy

Four out of six companies awarded CO2 storage licenses offshore Norway

The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and

about 3 years ago
PSV Energy Swan; Source: Golden Energy
Fossil Energy

Repsol prolongs platform supply vessel’s assignment

Golden Energy Offshore Services (GEOS) has secured a contract extension for one of its platform supply vessels (PSVs) with Repsol.

about 3 years ago
Greater Buchan Area concept; Source: Jersey Oil & Gas
Fossil Energy

UK oil & gas player firming up farm-out talks with ‘well-funded industry heavyweight’

Jersey Oil & Gas plc is in the process of finalising a farm-out process with an undisclosed operator for an asset in the North Sea.

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

Odfjell Drilling secures more North Sea work for its rig

Odfjell Drilling has inked two letters of intent with an undisclosed client for one of its rigs to carry out drilling activities in the North Sea.

about 3 years ago
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