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Fossil Energy

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Green MarinePropulsionBusiness Developments & ProjectsCollaborationInnovationTechnologyVesselsOil & GasBusiness & FinanceExploration & ProductionProject & TendersRigsSubseaLiquefied Natural GasFPSO & Vessels
Everllence
Fossil Energy

Everllence, ABB, OceanWings join forces to engineer novel, optimized propulsion concepts

Germany-based engine maker Everllence (formerly known as MAN ES Solutions), Swiss technology company ABB and French designer and manufacturer OceanWings have shaken hands on a joint project that will aim to develop optimized and sustainable propulsion concepts. As disclosed, the three partners signe

about 11 months ago
Illustration; Source: PetroReconcavo
Fossil Energy

Brazil’s PetroReconcavo seals midstream deal with compatriot firm

Brazilian oil and gas company Petroreconcavo has completed the purchase of a stake in natural gas midstream assets located in Brazil’s State of Rio Grande do Norte from 3R Potiguar, a subsidiary of compatriot player Brava Energia.

about 11 months ago
FPSO Petrojarl Kong
Fossil Energy

Eni’s Côte d’Ivoire portfolio grows to 11 blocks

Italy’s energy giant Eni has signed an exploration contract with the Ivorian Ministry of Mines, Petroleum, and Energy for an exploration block offshore Abidjan, Côte d’Ivoire.

about 11 months ago
Illustration; Source: Shell
Fossil Energy

Shell flows first gas from North Sea field

Shell has kicked off production from a gas field in the North Sea, which is expected to help maintain domestically produced gas for Britain’s homes, businesses, and power generation.

about 11 months ago
Illustration; Source: Conrad Asia Energy
Fossil Energy

Divestment timeline for Asian firm’s gas field stake gets bumped to year-end

Coro Duyung, a subsidiary of Coro Energy in Southeast Asia, has revised the end date for the disposal of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to pivot to its renewable energy portfolio once this sale closes its fossil fuels era.

about 11 months ago
Ekofisk complex; Courtesy of ConocoPhillips
Fossil Energy

TotalEnergies offloading stakes in mature NCS fields to Vår and Orlen

France’s energy giant TotalEnergies has sold its interests in three fields offshore Norway to Vår Energi and ORLEN Upstream Norway, a subsidiary of Poland’s ORLEN.

about 11 months ago
Cygnus Alpha; Source: Neptune Energy, which became part of Eni's UK portfolio now managed by Ithaca
Fossil Energy

North Sea operator raises its stake in UK gas field

Ithaca Energy, a North Sea oil and gas operator and producer, has completed its acquisition of an additional stake in a gas field on the UK Continental Shelf (UKCS).

about 11 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Fossil Energy

Transocean rig two weeks away from drilling ops offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has embarked on pre-lay operations before it begins its natural gas exploration activities in the Otway Basin off the coast of Australia, with a rig owned by Transocean, an offshore drilling giant.

about 11 months ago
Edda Freya; Source: DeepOcean
Fossil Energy

DeepOcean lands new job at Equinor’s two oil & gas fields in Norwegian waters

DeepOcean has won a new installation assignment at two oil and gas fields off the coast of Norway with the country’s state-owned energy giant Equinor.

about 11 months ago
Wärtsilä has signed a ten-year lifecycle agreement with OPearl LNG Ship Management for 14 LNG carriers; Credit: OPearl LNG Ship Management
Fossil Energy

Another Chinese player turns to Wärtsilä: Operational reliability boost on the horizon for 14 LNG vessels

Wärtsilä has secured a multi-year lifecycle agreement for 14 liquefied natural gas (LNG) carriers with Hong Kong-based OPearl LNG Ship Management, a joint venture between China Merchant LNG, CNOOC, and NYK, which was created to serve as the ship management arm for all three shareholders.

about 11 months ago
LNG carrier Ignacy Jan Padarewski at sea
Fossil Energy

Orlen marks first LNG delivery to Japan

Poland’s ORLEN Group has completed its first delivery of liquefied natural gas (LNG) to Japan’s Osaka Gas.

about 11 months ago
Illustration; Source: Serica Energy
Fossil Energy

$25.6M acquisition expanding Serica’s North Sea footprint

The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.

about 11 months ago
BP’s Andrew field; Source: BP
Fossil Energy

BP entrusts Three60 Energy and AF Offshore JV with decom gig at North Sea field

BP has hired a new joint venture (JV) between Three60 Energy (THREE60) and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, on a multimillion-pound assignment for integrated decommissioning services at its field on the UK Continental Shelf (UKCS).

about 11 months ago
FPSO; Source: MODEC
Fossil Energy

MODEC tasked with full scope of Guyana-bound FPSO for ExxonMobil’s $6.8B oil project

Following a final investment decision (FID) for its seventh offshore oil development in the Stabroek block, ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has put Japan’s MODEC in charge of the full engineering, procurement, construction, and installation (EPCI) work for a flo

about 11 months ago
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