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Fossil Energy

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Illustration; Source: Europa Oil & Gas
Fossil Energy

Chinese partner comes aboard African oil & gas block ahead of drilling ops

Antler Global, an associated company of the UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas, has inked a deal to offload a partial stake in a block off the coast of Equatorial Guinea to Fuhai (Beijing) Energy, a wholly owned subsidiary of China’s privately owned Fuhai Group New E

about 8 months ago
Skandi Commander
Fossil Energy

DOF’s RSV to kick off $150M contract with Petrobras in January 2027

Norway’s DOF Group has signed a four-year contract with Brazilian oil & gas giant Petrobras for a remotely operated vehicle support vessel (RSV), an announcement that comes after six four-year RSV contract awards as part of the same competitive tender process. The contract for the 2007-built Skandi

about 8 months ago
Illustration; Source: Velesto Energy
Fossil Energy

Velesto disposes of its workover business to Enviros

Velesto Malaysian Ventures, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of six premium jack-up rigs and two hydraulic work-over units, has taken steps to offload its stake in Velesto Workover Sdn Bhd (VWSB).

about 8 months ago
AD50 jack-up rig; Source: Ocean Oilfield
Fossil Energy

Jack-up rig comes to Ocean Oilfield’s shipyard

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has confirmed the arrival of a jack-up rig owned by Arabian Drilling, said to be the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to its Hamriyah Shipyard in Sharjah, United Arab Emirates (UAE).

about 8 months ago
Deep Value Driller drillship; Source: Deep Value Driller
Fossil Energy

Saipem keeping seventh-gen drillship longer in its rig fleet

Italy’s engineering, drilling, and construction services giant Saipem has prolonged the stay of a chartered seventh-generation drillship in its rig fleet.

about 8 months ago
Large-scale LNG plant within Sakhalin II project; Source: Gazprom
Fossil Energy

$11 billion investment agenda on Gazprom’s 2026 horizon

Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 tr

about 8 months ago
Trident 16 rig; Source: Ministry of Petroleum and Mineral Resources – Egypt
Fossil Energy

Eni going full steam ahead with drilling campaign in Gulf of Suez

As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Dri

about 8 months ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Fossil Energy

$35 billion gas export deal good to roll

A multibillion-dollar agreement for the export of natural gas from Israel to Egypt is locked and loaded, following the green light from the Israeli government.

about 8 months ago
Illustration; Source: Petronas
Fossil Energy

First of four wells in drilling campaign offshore Suriname checked off the list

Petronas Suriname, a subsidiary of Malaysia’s state-owned oil and gas company Petronas, has crossed the finish line for the first in a multi-well drilling campaign off the coast of Suriname.

about 8 months ago
Louisiana LNG
Fossil Energy

BOTAŞ and Woodside seal multi-year LNG deal

Türkiye’s state-owned Boru Hatları ile Petrol Taşıma Anonim Şirketi (BOTAŞ) has signed off on a long-term liquefied natural gas (LNG) agreement with Australia’s energy giant Woodside, which is expected to further diversify the energy mix and strengthen the security of supply for Türkiye.

about 8 months ago
PV Drilling IX drilling rig on a specialized transport ship arrived in Vung Tau, Ho Chi Minh City, on the morning of December 25, 2025; Source: PV Drilling
Fossil Energy

Drilling ops set for April: Rig ends nearly 13K-nautical mile journey from Europe to Asia

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has confirmed the arrival of a jack-up drilling rig to Southeast Asia, where it will embark on drilling activities next year.

about 8 months ago
Corpus Christi LNG Stage 3; Source: Cheniere
Fossil Energy

Fourth piece of Cheniere’s multibillion-dollar LNG puzzle crossing the finish line in Texas

U.S. energy player Cheniere Energy has tucked a new milestone under its belt at its liquefied natural gas (LNG) facility, with the substantial completion of the fourth train, which is part of its expansion project on the La Quinta Ship Channel, along the north shore of Corpus Christi Bay in Texas, U

about 8 months ago
Illustration; Source: Baker Hughes
Fossil Energy

Baker Hughes enhancing production at oil & gas fields in Middle East

Thanks to a deal with Kuwait Oil Company (KOC), the U.S.-headquartered energy technology giant Baker Hughes is on a mission to help boost production from oil and gas fields in Kuwait, Middle East.

about 8 months ago
UK-Slovenian partnership targets seabed data
Fossil Energy

UK-Slovenian partnership targets seabed data

UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combin

about 8 months ago
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