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Fossil Energy

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Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Fossil Energy

No hydrocarbons for Equinor in North Sea well

Norway’s energy giant Equinor has completed the drilling of a wildcat well in the North Sea off Norway but failed to find hydrocarbons.

about 3 years ago
Platinum Explorer drillship; Source: Vantage Drilling
Fossil Energy

Vantage Drilling anticipates rise in rig day rates and fleet utilisation to highest level since 2015

Vantage Drilling expects that the future will bring further growth in day rates and utilisation for its fleet of rigs.

about 3 years ago
Cygnus; Source: Neptune Energy
Fossil Energy

More North Sea gas thanks to UK’s broader entry specification limit

The UK government has made a decision to widen the country’s gas entry specification limit, enabling more North Sea gas to enter the country’s National Transmission System (NTS).

about 3 years ago
Bruce, Keith, and Rhum facilities; Source: Serica
Fossil Energy

After wrapping up Tailwind acquisition, Serica ‘uniquely placed to prosper’

Serica Energy has closed the acquisition of Tailwind, which has diversifying its portfolio with a new production hub while lifting the firm into the top ten UK producers.

about 3 years ago
UK and France strengthen ties on energy cooperation
Fossil Energy

UK and France strengthen ties on energy security and resilience

The governments of the UK and France have signed a new agreement committing to greater cooperation on energy resilience and low-carbon technologies, which could potentially support a rise in electricity interconnection by two thirds. The Statement of Cooperation on Energy was signed on 10 March by t

about 3 years ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Fossil Energy

Offshore field comes on stream after being connected to FPSO working in Brazil

Karoon Energy has kicked off production from a well located on a field offshore Brazil, with first production rates surpassing expectations.

about 3 years ago
Source: China Merchants Industry Weihai Jinling
Fossil Energy

Chinese shipyard embarks on construction of two offshore platforms

A Chinese shipyard has held a groundbreaking ceremony for two self-propelled, self-elevating offshore platforms, ordered by Huake Wuzhou.

about 3 years ago
Following 'carefully planned' restart program, Australian field recommences production
Fossil Energy

Following ‘carefully planned’ restart program, Australian field recommences production

Singapore-headquartered oil and gas production company Jadestone Energy has restarted production from an FPSO operating at a field in the Timor Sea offshore Australia. Following what the company describes as a “carefully planned restart program”, production recommenced from the Montara Venture FPSO

about 3 years ago
Illustration; Source: Halliburton
Fossil Energy

Hess picks Halliburton’s suite of well construction apps

Hess Corporation has opted to implement digital wells using a well construction suite from a compatriot oilfield services giant, Halliburton.

about 3 years ago
Illustration; Source: TotalEnergies
Fossil Energy

After bolstering oil, gas and renewables in 2022, TotalEnergies ramping up low-carbon investments in 2023

France’s TotalEnergies has decided to step up its investments in low-carbon energies to $5 billion in 2023.

about 3 years ago
Illustration; Source: Eco Atlantic
Fossil Energy

More drilling on the cards for ‘promising and significant opportunities’ off South Africa

Africa Oil is setting the wheels into motion to undertake exploration activities in Block 3B/4B in the Orange Basin off South Africa.

about 3 years ago
FPSO Jasmine Venture MV7; Source: MODEC
Fossil Energy

With Gulf of Thailand acquisition under its belt, Canadian player expands oil portfolio

Valeura has wrapped up the acquisition of upstream oil producing assets from Mubadala Petroleum’s subsidiary, Busrakham Oil and Gas.

about 3 years ago
Floatel Endurance; Source: Floatel International
Fossil Energy

Equinor all set to deploy Floatel’s unit at North Sea field

Norwegian offshore safety regulator has given Equinor consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a North Sea field off Norway.

about 3 years ago
Olympic Subsea vessel gets to work with DeepOcean
Fossil Energy

Olympic Subsea vessel gets to work with DeepOcean

DeepOcean has entered into a two-year time charter agreement with Olympic Subsea for a multi-purpose support vessel (MPSV) that will be deployed in the renewables and oil and gas industries. The agreement was signed for the MPSV Olympic Ares which will provide subsea inspection, maintenance, and rep

about 3 years ago
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