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Fossil Energy

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Noble's Noble GreatWhite, former Ocean GreatWhite rig; Source: Green Yard Feda
Fossil Energy

Noble scores $1.3 billion in rig deals and enters Norway’s floater drilling scene

U.S.-headquartered offshore drilling contractor Noble Corporation has picked up new assignments for nine drilling rigs in its fleet, including a job for one of its semi-submersible units, which enables it to make its entrance into the Norwegian harsh environment floater market.

about 7 months ago
NAGA 4 jack-up rig; Source: Velesto
Fossil Energy

Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year

about 7 months ago
Olympus platform; Copyright: Shell /Mike Duhon Productions; Credit: Photographic Services, Shell International
Fossil Energy

First oil & gas well in US Gulf now online, second set to follow suit shortly

Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilled another one, which is anticipated to begin production by the end of the first quarter of 2026.

about 7 months ago
Alaska LNG
Fossil Energy

Worley among firms breathing life into $44 billion LNG project during early execution stage

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken steps to move the first phase of its liquefied natural gas (LNG) export development in Alaska from development into early execution by announcing conditional awards for pipeline construction and line pipe supply, following a multi-roun

about 7 months ago
A plant on the coast
Fossil Energy

Vitol locks in LNG supplies through 2031 with Brunei-based firm

Vitol, an energy and commodities company, has prolonged its liquefied natural gas (LNG) sale and purchase agreement (SPA) with Brunei Energy Services & Trading (BEST), ensuring LNG supplies for four additional years.

about 7 months ago
Floatel Endurance; Source: Aker BP
Fossil Energy

Go-ahead for Aker BP to use Floatel’s vessel at Norwegian offshore field

The Norwegian offshore safety regulator has given Aker BP consent to deploy one of Floatel’s semi-submersible accommodation and construction support vessels at a field off the coast of Norway.

about 7 months ago
Transocean Encourage rig; Source: Transocean
Fossil Energy

Equinor’s drilling ops with Transocean rig in the clear

Equinor has secured the green light from the Norwegian authorities for drilling activities in the Norwegian Sea, which will be undertaken with a semi-submersible rig owned by Transocean, an offshore drilling player.

about 7 months ago
Illustration; Source: McDermott
Fossil Energy

McDermott takes on EPCI job at ADNOC’s oil expansion project

McDermott has landed a major assignment, worth between $750 million and $1 billion, for an expansion project designed to boost offshore oil production at a development operated by the United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC).

about 7 months ago
FPSO Petrojarl Kong
Fossil Energy

SOCAR coming aboard Eni’s oil & gas project in West Africa

Italy’s energy giant Eni has sealed a deal to divest a partial stake in an oil and gas development project off the coast of Côte d’Ivoire to the State Oil Company of the Republic of Azerbaijan (SOCAR).

about 7 months ago
Egypt’s ‘largest of its kind’ OBN program to identify exploration opportunities
Fossil Energy

Egypt’s ‘largest of its kind’ OBN program to identify exploration opportunities

France-based geophysical services company Viridien and U.S.-headquartered technology player SLB are set to begin a large seismic acquisition and imaging program offshore Egypt that will help explorers and investors identify new opportunities for exploration and enhanced production. Viridien and SLB

about 7 months ago
Darwin LNG; Source: Santos
Fossil Energy

First LNG cargo from giant Australian gas project getting ready for trip to Japan

Santos has confirmed the ongoing loading of the first liquefied natural gas (LNG) cargo from its gas project off the coast of Australia’s Northern Territory. This LNG cargo is destined for Japan.

about 7 months ago
Trion development concept; Source: Woodside
Fossil Energy

TMC picks up work for SBM Offshore’s North America-bound FSO

Norway-based TMC Compressors has received an order for a complete marine compressed air system for a newbuild floating storage and offloading (FSO) unit, which SBM Offshore, headquartered in the Netherlands, is in charge of providing for a deepwater oil project off the coast of Mexico, North America

about 7 months ago
MT SPA LNG and wind-powered LR2 tanker; Source: Union Maritime
Fossil Energy

Union Maritime welcomes its first LNG and wind-powered LR2 tanker

UK-headquartered shipping company Union Maritime has taken delivery of the first of two newbuild long-range (LR2) tankers equipped with liquefied natural gas (LNG) dual-fuel and wind-assisted propulsion solutions.

about 7 months ago
West Capella drillship; Source: Seadrill
Fossil Energy

Three Seadrill rigs line up jobs in Malaysia, Norway, and Brazil

Seadrill, an offshore drilling contractor, has secured work assignments for a drillship and a jack-up rig off the coasts of Malaysia and Norway, alongside a contract extension for another drillship deployed in Brazilian waters.

about 7 months ago
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