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Fossil Energy

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Several men standing behind a desk
Fossil Energy

ExxonMobil ending 10-year absence from Libya with offshore study MoU

U.S.-headquartered energy giant ExxonMobil has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to undertake a technical study off the coast of the North African country.

about 1 year ago
Argos offshore platform
Fossil Energy

BP kicks off US Gulf extension project early, reinforcing oil & gas focus

The U.K.-headquartered energy giant BP has started up the extension project bringing more oil to its platform in the U.S. Gulf of America.

about 1 year ago
Vantris Energy text and logo
Fossil Energy

Name change marks new phase in Malaysian firm’s restructuring efforts

Malaysian oil and gas services provider formerly known as Sapura Energy has rebranded, marking the start of a strategic transformation aimed at restoring financial and operational strength.

about 1 year ago
Three offshore platforms
Fossil Energy

UK player in talks for Equatorial Guinea offshore block farm-out

UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas has signed a non-binding heads of terms (HoT) with an undisclosed energy company to farm out an interest in a production sharing contract (PSC) offshore Equatorial Guinea.

about 1 year ago
A drillship at sea
Fossil Energy

Saipem, Worley and other majors win FEED roles in INPEX’s Indonesian LNG project

INPEX Masela, a subsidiary of Japan’s INPEX, has started front end engineering and design (FEED) work at the liquefied natural gas (LNG) project it operates in Indonesia’s Masela block.

about 1 year ago
Panamanian
Fossil Energy

Panama ends flag access for aging tankers and bulkers amid shadow fleet concerns

Panama will no longer allow the registration of oil tankers and bulk carriers older than fifteen years under its flag to improve the performance of its fleet, minimize the risk of detentions and prevent the entry of vessels associated with the so-called ‘shadow’ or ‘dark’ fleet. According to the Pan

about 1 year ago
Another Solstad CSV to work for Petrobras, deal worth $108M
Fossil Energy

Another Solstad CSV to work for Petrobras, deal worth $108M

Norwegian shipping company Solstad Offshore has secured another contract with Brazilian oil & gas company Petrobras for a construction support vessel (CSV). The CSV Normand Commander will be on a bareboat contract from the vessel owner Solstad Maritime (SOMA) to Solstad Offshore, who holds the contr

about 1 year ago
An offshore platform
Fossil Energy

BP’s deepwater oil & gas find offshore Brazil ‘largest in 25 years’

The U.K.-headquartered oil and gas giant BP has made an oil and gas discovery at a prospect in Brazil’s Santos Basin.

about 1 year ago
Illustration; Source: ADNOC
Fossil Energy

10-year LNG supply deal with ADNOC diversifying India’s energy mix

ADNOC Gas, an affiliate of Abu Dhabi National Oil Company (ADNOC), has signed a heads of agreement (HoA) with India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC), for the supply of liquefied natural gas (LNG).

about 1 year ago
Van Oord kicks off dredging works for Poland’s FSRU terminal in Gulf of Gdańsk; Source: Gaz-System
Fossil Energy

Van Oord on dredging mission to lay the groundwork for Europe’s next FSRU

Dutch marine contractor Van Oord has set off on a dredging quest to prepare the site where Poland’s floating storage and regasification unit (FSRU) will be stationed as part of a liquefied natural gas (LNG) terminal in the Gulf of Gdańsk, representing a new gas entry point for the European country.

about 1 year ago
Aerial view of the LNG Canada facility in Kitimat, British Columbia, Canada
Fossil Energy

Fluor–JGC JV picks up FEED job for Canadian LNG plant’s expansion

A joint venture between Texas-based engineering firm Fluor Corporation and Japan’s JGC Holdings Corporation has won the front-end engineering and design (FEED) contract for a proposed expansion of the liquefied natural gas (LNG) facility located in Kitimat, British Columbia, Canada.

about 1 year ago
An offshore platform
Fossil Energy

BP and Eni set their cap on stepping up Mediterranean oil & gas game

Two European energy giants, the UK-headquartered BP and Italy’s Eni, have signed on the dotted line to pursue hydrocarbon exploration activities in the Mediterranean Sea, which will lend Egypt a helping hand in augmenting the Middle Eastern country’s oil and gas production volume.

about 1 year ago
Deepsea Yantai; Source: Odfjell Drilling
Fossil Energy

Rig en route to OKEA’s North Sea tie-back project location ahead of drilling ops

Norway’s oil and gas company OKEA is getting ready to welcome a drilling rig managed by Odfjell Drilling to the location of its North Sea tie-back project, where drilling activities are set to kick off next week.

about 1 year ago
Skandi Fluminense; Source: DOF
Fossil Energy

Petrobras books DOF vessel duo on multi-year gigs in Brazilian waters

DOF Group has landed a set of long-term assignments off the coast of Brazil for two anchor handling tug supply (AHTS) vessels with the country’s state-owned energy giant Petrobras.

about 1 year ago
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