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Fossil Energy

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Oil & GasBusiness Developments & ProjectsTechnologyLiquefied Natural GasBusiness & FinanceLow-Carbon TransitionExploration & ProductionProject & TendersCablingProduction & ProcessingSubseaOutlook & StrategyFPSO & VesselsVesselsOffshore WindOperations & MaintenanceCollaboration
An offshore platform and a vessel next to it
Fossil Energy

Halliburton picks UK tech for next-gen well monitoring

Halliburton has acquired a global license to deploy technology developed by WellSense, a provider of rapid fiber-optic well diagnostics services, for use in well stimulation monitoring.

about 11 months ago
Rendering of an LNG terminal
Fossil Energy

ADNOC’s XRG enters US LNG scene with stake in Lone Star State’s $18.4B project

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has wrapped up its acquisition of an interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.).

about 11 months ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies to supply South Korean player with LNG until 2033

France’s energy giant TotalEnergies has secured a multi-year deal to provide liquefied natural gas (LNG) to South Korea’s HD Hyundai Chemical. This boosts the French player’s LNG sales growth.

about 11 months ago
Illustration; Source: Weatherford
Fossil Energy

Weatherford lands eight-year job with European gas producer

U.S. oilfield services company Weatherford International has secured a multi-year assignment with SNGN Romgaz, described as Romania’s largest natural gas producer and main supplier, as well as the third-largest gas producer in Europe.

about 11 months ago
A floating production storage and offloading (FPSO) unit
Fossil Energy

Vitol acquires stake in Eni’s Côte d’Ivoire oil & gas development

Italy’s energy giant Eni has finalized the sale of its partial stake in a project offshore Côte d’Ivoire to Vitol, an energy and commodities company.

about 11 months ago
Tullow expands its oil & gas portfolio in Côte d’Ivoire
Fossil Energy

Tullow offloads assets in Kenya after Gabon divestment, adding millions to its balance sheet

UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has wrapped up the sale of its portfolio in Kenya just months after disposing of its non-core assets in Gabon. These two divestments are expected to generate multimillion-dollar cash proceeds, strengthening th

about 11 months ago
Nexans cables to extend lifetime of Equinor's Norwegian Sea field
Fossil Energy

Nexans cables to extend lifetime of Equinor’s 25-year-old field

Norway’s state-owned energy giant Equinor has awarded a contract to French cable systems designer and manufacturer Nexans for the delivery of new electrical umbilicals to replace cables that have been operational for over 25 years at its field in the Norwegian Sea. Nexans is scheduled to deliver the

about 11 months ago
Many people standing in several lines at the FSO Chalchi steel-cutting ceremony
Fossil Energy

Mexico-bound FSO enters construction phase as Aztec-inspired name is unveiled

The Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, and Chinese COSCO Shipping have held a steel-cutting ceremony for a floating storage offloading (FSO) unit destined for Mexico’s inaugural deepwater project.

about 11 months ago
MP Nautical Aleesya
Fossil Energy

$34M vessel duo positions Marco Polo for Asian oil & gas and wind opportunities

Singapore’s Marco Polo Marine has added two new anchor handling tug supply (AHTS) vessels to its fleet.

about 11 months ago
Seatrium FlexHull rendering
Fossil Energy

ABS endorses Seatrium’s new deepwater FPSO design

A floating production storage and offloading (FPSO) unit concept designed by Singapore’s Seatrium has received approval in principle (AiP) from the American Bureau of Shipping (ABS).

about 11 months ago
Construction site by the sea
Fossil Energy

Turkish major signs up for LNG from Woodside’s Louisiana project

Australia’s oil and gas giant Woodside Energy has signed a heads of agreement (HoA) with Türkiye’s state-owned Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ) to provide liquefied natural gas (LNG), mostly coming from its project under development in Louisiana.

about 11 months ago
LNG agreement signing
Fossil Energy

Mercuria to supply BOTAŞ with US-sourced LNG until 2045

Global energy and commodity group Mercuria has signed a liquefied natural gas (LNG) purchase and sale agreement with the state-owned Turkish Petroleum Pipeline Corporation (BOTAŞ).

about 11 months ago
Skandi Patagonia
Fossil Energy

DOF secures near 30-year Argentina run with TotalEnergies for one vessel, finds buyer for another

Norway’s vessel owner DOF Group has inked a deal to sell one vessel and secured a contract extension for work offshore Argentina for another.

about 11 months ago
TechnipFMC illustration
Fossil Energy

TechnipFMC and Petrobras strengthen ties with new contract for subsea production systems

TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, a

about 11 months ago
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