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Fossil Energy

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SF Russia's largest shipping company
Fossil Energy

Sanctions aftermath: India emerges as top buyer of Russia’s seaborne crude

India has become the largest seaborne importer of Russian crude in the wake of the EU ban on seaborne oil imports and subsequent G7 price cap for exports. Exports to India increased from virtually nothing prior to Russia’s invasion of Ukraine to 1.2 Mb/d in November last year, according to Poten & P

about 3 years ago
U.S. offshore rig count takes a downward plunge
Fossil Energy

U.S. offshore rig count takes a downward plunge

Baker Hughes’ weekly rig count report says that the number of offshore rigs in the U.S. took a nosedive last week and fell by 3 units.

about 3 years ago
Ursula von der Leyen, President of the European Commission
Fossil Energy

In focus: Energy transition caught between cooperation and fragmentation

The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect

about 3 years ago
Consortium lands deal for project at world’s largest offshore sour gas development
Fossil Energy

Consortium lands deal for project at world’s largest offshore sour gas development

ADNOC has handed out a letter of award (LOA) related to offshore facilities for a giant offshore gas development to a consortium led by NPCC.

about 3 years ago
Equinor all set to deploy Transocean rig at North Sea field
Fossil Energy

Equinor all set to deploy Transocean rig at North Sea field

Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs at a field in the North Sea.

about 3 years ago
WATCH: Shetlanders send a message in a bottle urging ‘sibling across the sea’ to stop massive oil & gas project
Fossil Energy

WATCH: Shetlanders send a message in a bottle urging ‘sibling across the sea’ to stop massive oil & gas project

A group of Shetlanders have made a short film, asking Norway to stop the development of a giant oil field off the coast of Shetland.

about 3 years ago
Norway’s oil & gas output goes up a notch in December
Fossil Energy

Norway’s oil & gas output goes up a notch in December

Norway recorded a slight increase in oil and gas production in December compared to the figures from November 2022.

about 3 years ago
Saipem collects $900 million in new contracts
Fossil Energy

Saipem collects $900 million in new contracts

Italian oilfield services provider Saipem has secured two contracts, one in Brazil and one in Norway, for a total amount of approximately $900 million. The first contract was secured with TotalEnergies in partnership with Aker Solutions do Brasil for the Lapa South-West development project, a deepwa

about 3 years ago
Borr Drilling wins work in Latin America for jack-up rig
Fossil Energy

Borr Drilling’s jack-up rig wins work in Latin America

Borr Drilling has received a letter of award (LOA) for one of its premium jack-up drilling rigs with an undisclosed company in Latin America.

about 3 years ago
Noble jack-up rig ready to embark on its new gig in North Sea
Fossil Energy

Noble jack-up rig ready to embark on its new gig in North Sea

Noble Corporation’s jack-up rig has left Port Esbjerg and is now ready to start working on a CO2 storage project in the Danish North Sea.

about 3 years ago
Snam to pour €10 billion by 2026 in Italy’s gas security
Fossil Energy

Snam to pour €10 billion by 2026 in Italy’s gas security

Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app

about 3 years ago
Equinor given the all-clear for North Sea drilling ops with Transocean rig
Fossil Energy

Equinor secures the all-clear for North Sea drilling ops with Transocean rig

Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs for drilling ops in the North Sea.

about 3 years ago
Saipem unveils new solution for offshore energy operators
Fossil Energy

Saipem unveils new solution for offshore energy operators

Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.

about 3 years ago
Equinor gearing up to drill Norwegian Sea prospect
Fossil Energy

Equinor gearing up to drill Norwegian Sea prospect

Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Odfjell Drilling’s rigs.

about 3 years ago
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