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Fossil Energy

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COSL Prospector rig; Source: Canarship
Fossil Energy

COSL rig good to go on Barents Sea oil & gas drilling quest

Norwegian authorities have signed off on exploration drilling activities Norway’s oil and gas player Vår Energi is planning to undertake in the Barents Sea, with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 9 months ago
COSL Innovator rig; Source: COSL
Fossil Energy

North Sea drilling ops with COSL rig get blessed by the powers that be

Equinor has checked off the list the Norwegian authorities’ green light for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 9 months ago
NAGA 4 jack-up rig; Source: Velesto
Fossil Energy

New program fortifies safety readiness across Malaysia’s oil & gas contractor and vendor sphere

Malaysia’s Velesto Energy has joined forces with the Department of Occupational Safety and Health (DOSH) to bring a new project into play as a structured framework aimed to strengthen safety readiness across the oil and gas industry’s contractor and vendor ecosystem.

about 9 months ago
Courtesy of Porthos
Fossil Energy

Dutch CO2 quintet paving the way for Northwest Europe’s cross-border CCS network

Five Dutch CO2 infrastructure projects, which signed grant agreements under the Connecting Europe Facility (CEF Energy), have set their cap on spotlighting how their collaboration lays the groundwork for a cross-border CO2 transport and storage network, linking emitters in Northwest Europe with perm

about 9 months ago
Illustration; Source: ADES
Fossil Energy

Shell hires ADES rig for drilling ops offshore Brunei

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has landed a new offshore drilling assignment for one of its jack-up rigs off the coast of Brunei with Brunei Shell Petroleum (BSP), a joint venture company between the Brunei go

about 9 months ago
Admarine 510 jack-up rig; Source: ADES
Fossil Energy

33 jack-up rigs change hands as ADES and Shelf Drilling tie the final merger knot

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has put the finishing bow on the merger with the UAE-based Shelf Drilling, augmenting its offshore drilling fleet with 33 more jack-up rigs.

about 9 months ago
Troll C; Source: Axess
Fossil Energy

Equinor books Axess for North Sea riser replacement work

Axess Technologies, a subsidiary of Norway-headquartered asset integrity management company Axess Group, has won a new riser replacement assignment in the Norwegian sector of the North Sea with Equinor, a compatriot state-owned energy giant.

about 9 months ago
Illustration; Source: ADNOC Gas
Fossil Energy

$4 billion deal in hand as ADNOC scores 20-year gas supply assignment

ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has secured a multimillion-dollar natural gas supply agreement with EMSTEEL, an integrated steel and building materials manufacturer, to power the United Arab Emirates’ industrial growth.

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

TGS picks up geophysical data deal for offshore oil & gas basins in Africa

Norwegian energy data and intelligence company TGS has secured the rights to market and license offshore geophysical data for the offshore acreage in the Comoros, a small island country in the Indian Ocean, off the eastern coast of Africa.

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

Future of North Sea oil project may be up in the air as trio contemplates UK tax policy’s impact

Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps f

about 9 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

£50 billion going down the drain as UK keeps oil & gas windfall tax in place

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

McDermott crosses the finish line for subsea gig at Shell’s gas project

U.S. offshore engineering and construction player McDermott has put the finishing touches on an assignment, encompassing multiple natural gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia.

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk

Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Br

about 9 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Fossil Energy

More US LNG going to Japan: Venture Global and Tokyo Gas shake hands on 20-year offtake

With another liquefied natural gas (LNG) offtake deal in the bag, the U.S. export project developer Venture Global has secured its fourth multi-year contract with a Japanese company.

about 9 months ago
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