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Fossil Energy

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LNG carrier Kool Husky at sea
Fossil Energy

EPS eyes full ownership of CoolCo in LNG consolidation play

Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) is progressing discussions for the acquisition of its entire business by Singapore-based Eastern Pacific Shipping (EPS) Ventures.

about 11 months ago
Port Arthur LNG construction site
Fossil Energy

Sempra okays $14B investment to double Texas LNG project’s export capacity

Sempra Infrastructure Partners, a subsidiary of North America’s energy infrastructure company Sempra, has reached a final investment decision (FID) for the second stage of its liquefied natural gas (LNG) project under development in Jefferson County, Texas.

about 11 months ago
Fugro logo
Fossil Energy

Fugro withdraws 2025 financial guidance, plans to cut 300 jobs

The Netherlands-headquartered Fugro has announced a reduction of 300 jobs and the withdrawal of its financial guidance for 2025 as a wide range of projects has been affected by postponements due to market uncertainties, mainly seen in oil and gas. Fugro reported on September 22 that although the sec

about 11 months ago
FPSO; Source: MODEC
Fossil Energy

$6.8 billion project accelerates Guyana’s oil boom: ExxonMobil’s seventh development is a go

A multibillion-dollar boost is on the horizon for the Guyanese economy, thanks to a $6.8 billion investment, which ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has set its cap on pouring into the development of its seventh offshore oil project in the Stabroek block off the c

about 11 months ago
Artist's rendering of the Cedar LNG facility; Source: Cedar LNG
Fossil Energy

Canadian floating LNG project seeks capacity expansion

An application has been filed to boost the liquefaction capacity of a proposed floating liquefied natural gas (LNG) export project near Kitimat in British Columbia, Canada.

about 11 months ago
The Hammerfest LNG plant on Melkøya viewed from above
Fossil Energy

Gas flows from Barents Sea field to Equinor’s LNG hub

Norway’s state-owned energy giant Equinor has started production from a subsea field in the Barents Sea that is transported to a liquefied natural gas (LNG) plant on Melkøya island for processing.

about 11 months ago
Paul B Lloyd Jr. rig; Source: Dolphin Drilling
Fossil Energy

Dolphin Drilling’s 35-year-old rig returning to its North Sea gig

Scotland-headquartered offshore drilling contractor Dolphin Drilling has confirmed the return of a 1990-built semi-submersible rig, which it acquired from Transocean, to the North Sea, where it will resume its assignment in UK waters.

about 11 months ago
Deepsea Bollsta; Source: Odfjell Drilling
Fossil Energy

Equinor gets clearance to use Odfjell Drilling-managed rig at its North Sea field

Norway’s state-owned energy giant Equinor has obtained the Norwegian authorities’ go-ahead for activities in the Norwegian North Sea, which will be carried out with a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean.

about 11 months ago
FPSO Norne; Source: Equinor
Fossil Energy

Go-ahead for Norwegian giant’s oil & gas ops in Norway

Norway’s state-owned energy player Equinor has received the green light from Norwegian authorities for its planned activities in the Norwegian Sea.

about 11 months ago
A vessel next to an offshore platform
Fossil Energy

Tampnet secures roam-free mobile coverage for North Sea assets

Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has signed a mobile-sharing agreement with Dutch mobile phone company ODIDO Netherlands covering assets in the North Sea.

about 11 months ago
Louisiana LNG
Fossil Energy

EU-US energy deal seen as political symbol, not LNG game-changer

A recent study by the international intergovernmental organization Gas Exporting Countries Forum (GECF) has highlighted the potential impacts the trade deal signed between the US and the EU could have on liquefied natural gas (LNG) market dynamics.

about 11 months ago
Harmony platform; Source: Sable Offshore
Fossil Energy

Sable dismisses ‘inflammatory’ legal claims over Californian pipelines’ restart

Texas-based oil company Sable Offshore has denied any wrongdoing in its efforts to restart two pipelines connecting its assets offshore California to an onshore processing facility, following legal action brought by the Santa Barbara County District Attorney’s Office.

about 11 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Fossil Energy

Chevron, Anadarko, and Westlawn shake hands on oil & gas exploration offshore Peru

As three oil and gas players — Chevron, Anadarko, and Westlawn — have forged a consortium to pursue hydrocarbon exploration off the coast of Peru, the results of a previously undertaken 3D marine seismic survey are the first item on their agenda, followed by a drill-or-drop decision.

about 11 months ago
EXMAR
Fossil Energy

EXMAR orders scrubber-fitted Suezmax quartet

Belgian shipping company EXMAR has placed an order in South Korea for four new Suezmax tankers equipped with scrubbers.

about 11 months ago
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