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Fossil Energy

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Courtesy of VTTI
Fossil Energy

Netherlands raises its energy security bar with permitting milestone for new LNG terminal

VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new

about 1 year ago
Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract
Fossil Energy

Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract

Following the contract for inspection, repair and maintenance (IRM) services announced at the end of 2024, Subsea7 has now been selected to deliver subsea umbilicals, risers and flowlines (SURF) for Türkiye’s largest natural gas field. The SURF engineering, procurement, construction and installation

about 1 year ago
Gjøa platform
Fossil Energy

OKEA getting stake in Aker BP-operated North Sea license

Norway’s oil and gas company OKEA has reached an agreement with the Norwegian subsidiary of London-listed Harbour Energy to farm into the interest the latter holds in a license offshore Norway.

about 1 year ago
EDrill T-16 rig
Fossil Energy

With one 271-day job done, Singaporean player’s rig preps for new Gulf of Thailand campaign

Energy Drilling has completed a drilling campaign in the Gulf of Thailand undertaken on behalf of Carigali-PTTEPI Operating Company (CPOC).

about 1 year ago
Borr Drilling’s Prospector 1 rig; Source: Neptune Energy
Fossil Energy

Borr Drilling’s hat trick: North Sea duo for one jack-up and West African job for another rig

Borr Drilling, an offshore drilling player, has secured three multimillion-dollar deals for two jack-up rigs in Europe and West Africa.

about 1 year ago
Golar LNG's FLNG Hilli Episeyo; Credit: Seatrium
Fossil Energy

Golar LNG entrusts Seatrium with FLNG upgrade ahead of 20-year job in Argentina

Golar LNG has put Seatrium in charge of refurbishing its floating liquefied natural gas (FLNG) unit before it embarks on its multi-year assignment at Argentina’s LNG project on the South American country’s Atlantic coast.

about 1 year ago
Rendering of an LNG terminal at night
Fossil Energy

Baker Hughes tech selection brings Louisiana LNG plant closer to FID

Commonwealth LNG, a firm controlled by the energy-focused alternative investment manager Kimmeridge, has given its blessing for technology by Baker Hughes to be used at its liquefied natural gas (LNG) export facility currently under development in Cameron, Louisiana.

about 1 year ago
FPSO Raroa operating at the Maari field; Source: MODEC
Fossil Energy

New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

about 1 year ago
Three players pool resources on Thai carbon capture and storage gig to speed energy transition
Fossil Energy

JGC-Technip Energies consortium in FEED battle for Inpex’s 20 billion LNG project and FPSO

A consortium, consisting of JGC Indonesia, a subsidiary of Japan’s JGC Holdings Corporation, and Indonesian affiliates of Technip Energies, has confirmed its participation in a competitive dual front-end engineering and design (FEED) portion of work and engineering procurement and construction (EPC)

about 1 year ago
JDR cables to electrify Eni’s UK carbon capture and storage project
Fossil Energy

JDR cables to electrify Eni’s UK carbon capture and storage project

UK-based manufacturer of subsea and power cables JDR Cable Systems, part of TFKable Group, is set to supply subsea power cables for a carbon capture and storage (CCS) project offshore the UK being developed by Italian energy major Eni. JDR will deliver around 100 kilometers of 33 kV subsea cables fo

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Fossil Energy

Fresh supply deal set to make Indian firm ADNOC’s biggest LNG customer

Abu Dhabi National Oil Company (ADNOC) has signed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with the state-owned Indian Oil Corporation.

about 1 year ago
Hanwha
Fossil Energy

South Korea’s Hanwha to pour $5B into US Philly Shipyard, orders new batch of ships

South Korean shipbuilder Hanwha Group has unveiled a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting the growth of the U.S. shipbuilding industry through a $150 billion investment fund.

about 1 year ago
Darwin LNG; Source: Santos
Fossil Energy

With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Ho

about 1 year ago
Scarabeo 5
Fossil Energy

Saipem wraps up rig-to-FPU conversion for Eni offshore Congo

Italy’s engineering, drilling, and construction services giant Saipem has completed the conversion of a semi-submersible drilling unit into a floating production unit (FPU) to be deployed at compatriot Eni’s project offshore Congo.

about 1 year ago
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