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Fossil Energy

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AD140 jack-up rig; Source: Arabian Drilling
Fossil Energy

Middle East conflict halts more offshore drilling ops as another rig owner confirms temporary suspensions

Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling company by fleet size, has revealed temporary suspensions for some offshore rigs in the Arabian Gulf, as its land fleet remains unaffected by the ongoing conflict in the Middle East.

about 5 months ago
Illustration; Source: Petrobras
Fossil Energy

Petrobras augments oil arsenal as it strikes black gold in Brazilian waters

Brazilian state-owned energy giant Petrobras has made a new oil discovery in the pre-salt of the Campos Basin off the coast of Brazil.

about 5 months ago
Illustration; Courtesy of MidOcean Energy
Fossil Energy

Another Japanese firm invests millions into EIG’s LNG business

Tokyo Stock Exchange-listed Shizuoka Gas has decided to widen its liquefied natural gas (LNG) footprint with an investment in MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).

about 5 months ago
Serica Energy
Fossil Energy

New oil & gas UK offshore hub for Serica with TotalEnergies’ assets in the bag

UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of an interest in West of Shetland gas fields and assets from France’s energy giant TotalEnergies. The move expands the British player’s footprint on the UK Continental Shelf (UKCS).

about 5 months ago
Sakaide LNG; Source: Kawasaki
Fossil Energy

Kawasaki and JFE Engineering pick up work on Japanese LNG project

A joint venture, formed by Tokyo-headquartered Kawasaki Heavy Industries and JFE Engineering, has landed a new job at a liquefied natural gas (LNG) terminal in Sakaide, Kagawa Prefecture, Japan.

about 5 months ago
Fresh gas discovery off Malaysia
Fossil Energy

New Asian block expands UAE oil & gas player’s Andaman Sea footprint

UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has enlarged its presence in the Andaman Sea with a new exploration block off the coast of Indonesia, Southeast Asia.

about 5 months ago
LNG carrier Kool Kelvin (for illustration purposes); Source: CoolCo
Fossil Energy

CoolCo’s nine LNG vessels sport revamped propulsion drives

Switzerland-based electrification and automation technology provider ABB has upgraded propulsion systems across a fleet of liquefied natural gas (LNG) carriers (LNGCs) owned and operated by Cool Company (CoolCo).

about 5 months ago
UK union urges talks before offshore drillers and contractors down tools
Fossil Energy

UK spotlights British steel, AI, shipbuilding, and energy infrastructure as priority for govt deals

The United Kingdom (UK) has made a move to designate British shipbuilding, steel, artificial intelligence (AI), and energy infrastructure as priority sectors for government contracts, as these are perceived to be key industries required to ensure national security.

about 5 months ago
Ras Laffan petrochemicals project in Qatar (aerial view); Source: CPChem
Fossil Energy

$25 billion price tag looms over Gulf energy infrastructure repairs, Rystad says

Given the reported damage and shutdowns impacting liquefied natural gas (LNG) assets, refineries, fuel terminals, and gas-to-liquids facilities across the Middle East region amid the military conflict between the U.S.-Israel alliance and Iran, Rystad Energy, an energy market intelligence group, esti

about 5 months ago
Illustration; Source: ADES
Fossil Energy

Middle East crisis brings ‘temporary suspensions’ to some ADES rigs

ADES International, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has confirmed suspensions of operations for multiple rigs in its fleet as a result of the ongoing conflict between the U.S.-Israel alliance and Iran in the Middle East.

about 5 months ago
Halliburton
Fossil Energy

New ‘industry’s first’ for Halliburton, ExxonMobil, Noble, Sekal, and Wells Alliance offshore Guyana

As the industry’s shift from automation-assisted drilling to repeatable, scalable well construction automation continues, the U.S.-headquartered oilfield services player Halliburton has tucked a new milestone under its belt by pooling resources with ExxonMobil, Sekal, Noble, and the Wells Alliance G

about 5 months ago
New IMCA president comes from DEME
Fossil Energy

New IMCA president comes from DEME

The International Marine Contractors Association (IMCA) has appointed Hugo Bouvy, Managing Director of DEME Offshore Energy, as its new president, succeeding Luca Gentili, Head of Asset, Fabrication, and Project Services at Saipem. According to IMCA, Bouvy has served as the Managing Director of the

about 5 months ago
Brage platform; Source: OKEA
Fossil Energy

North Sea oil discovery adds low-cost barrels for OKEA with resource estimate boost

Norway’s oil and gas company OKEA has upped the recoverable resource estimates from discoveries at an oil field in the Norwegian sector of the North Sea.

about 5 months ago
LNG vessel; Source: GTT
Fossil Energy

Chinese shipyard books GTT for tank design of LNG vessel quartet

French technological containment specialist Gaztransport & Technigaz (GTT) has secured new tank design assignments for four liquefied natural gas (LNG) carriers (LNGCs) with China’s Hudong-Zhonghua shipyard.

about 5 months ago
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