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Shell signs agreement with COOEC to enhance collaboration

Sunday, June 1 2025

Fossil Energy – MoU

Shell and China’s Offshore Oil Engineering Company (COOEC) have signed a new Memorandum of Understanding (MoU) aimed at deepening their strategic partnership and expanding cooperation across traditional oil and gas as well as low-carbon energy sectors.

[Read more…] about Shell signs agreement with COOEC to enhance collaboration

Filed Under: COOEC, International projects, MoU, Oil and Gas, Shell Tagged With: COOEC, MOU, Oil and Gas, Shell

Suriname’s 2025 exploration wells targeting 900 mm boe of resources

Tuesday, May 27 2025

Fossil Energy – Suriname

Wood Mackenzie projects that the three exploration prospects currently being developed in Suriname’s offshore basin this year hold a combined total of approximately 900 million barrels of oil equivalent (mmboe).

[Read more…] about Suriname’s 2025 exploration wells targeting 900 mm boe of resources

Filed Under: Exploration, International News, Oil and Gas, Suriname, Wood Mackenzie Tagged With: exploration, Oil and Gas, Suriname, Wood Mackenzie

Trump urges UK to back North Sea and Aberdeen as its hub

Monday, May 26 2025

Fossil Energy – Politics

President Donald Trump has said there is North Sea oil to last 100 years with Áberdeen as its hub.

[Read more…] about Trump urges UK to back North Sea and Aberdeen as its hub

Filed Under: Aberdeen, International projects, Oil and Gas, Trump, UK, USA Tagged With: aberdeen, Oil and Gas, Trump, UK, USA

Fire at Vietnam’s first offshore decommissioning project

Saturday, May 24 2025

Fossil Energy – Decommissioning

Vietnamese officials confirmed that there was a devastating fire at the Song Doc offshore oil platform on Wednesday.

[Read more…] about Fire at Vietnam’s first offshore decommissioning project

Filed Under: Decommissioning, fire, fire figthing, International projects, Oil and Gas, Vietnam Tagged With: decommissioning, fire, Oil and Gas, Vietnam

Turkey finds new natural gas reserve in Black Sea

Tuesday, May 20 2025

Fossil Energy – Black Sea

Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea.

[Read more…] about Turkey finds new natural gas reserve in Black Sea

Filed Under: Black Sea, Discovery, Drilling, International projects, Oil and Gas, Sakarya, Turkey, Türkiye Tagged With: black sea, discovery, drilling, Oil and Gas, Sakarya Field, turkey

Sale of jack up VALARIS 247 $108 million

Tuesday, May 6 2025

Fossil Energy – Drilling

Valaris has agreed to sell the jack-up VALARIS 247 to BW Energy for approximately $108 million in cash.

[Read more…] about Sale of jack up VALARIS 247 $108 million

Filed Under: Drilling, drilling rig, International projects, Oil and Gas, sale, Valaris Tagged With: drilling, Oil and Gas, Sale, Valaris

Long term agreement extension deal with Saudi Aramco

Friday, April 18 2025

Fossil Energy – Agreement Extension

Middle East contracting player Lamprell, owned by Saudi Arabia’s Algihaz Holdings, has confirmed the extension of a long term agreement (LTA) with state giant Saudi Aramco for offshore oil and gas projects in the kingdom.

[Read more…] about Long term agreement extension deal with Saudi Aramco

Filed Under: agreement, agreement extension, International News, Lamprell, SaudiAramco Tagged With: agreement extension, Lamprell, Oil and Gas, Saudi Aramco

Long-term deal for ADES

Tuesday, April 8 2025

Fossil Energy – Contract

ADES has signed a 10-year contract renewal for one of its standard offshore jack-up rigs, which was among the suspended rigs previously operating in the Kingdom of Saudi Arabia.

[Read more…] about Long-term deal for ADES

Filed Under: ADES, Contract, Drilling, drilling rig, International projects, Oil and Gas, Saudi Arabia Tagged With: Ades, contract, drilling, jack up rig, Oil and Gas, Saudi Arabia

bpTT starts production from Cypre gas project

Friday, April 4 2025

Fossil Energy – Trinidad and Tobago

bp Trinidad and Tobago (bpTT) confirmed its Cypre development has safely delivered its first gas.

[Read more…] about bpTT starts production from Cypre gas project

Filed Under: BP, Cypre, Development, International News, Oil and Gas, Tobago, Trinidad Tagged With: BP, Cypre, Development, Oil and Gas, production, Trinidad & Tobago

bpTT gives Ginger green light, announces Frangipani success

Saturday, March 29 2025

Fossil Energy – Trinidad and Tobago

bp Trinidad and Tobago has achieved two major milestones, sanctioning the Ginger gas development and exploration success at its Frangipani well.

[Read more…] about bpTT gives Ginger green light, announces Frangipani success

Filed Under: BP, Discovery, Drilling, International News, Oil and Gas, subsea wells, Tobago, Trinidad Tagged With: BP, discovery, drilling, Oil and Gas, subsea wells, Trinidad & Tobago

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