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Fossil Energy

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Allseas-Boskalis team wins €1.2B Taiwan offshore pipeline deal
Fossil Energy

Allseas-Boskalis team wins €1.2B Taiwan offshore pipeline deal

Allseas and Boskalis have secured a €1.2 billion contract through their 50:50 consortium with CPC Corporation Taiwan for the design and installation of a 36-inch offshore natural gas pipeline. According to Allseas, the new YT2 pipeline will span approximately 232 kilometers, running parallel to the

about 1 year ago
Haiji-2 (for illustration purposes); Source: CNOOC
Fossil Energy

China’s gas arsenal grows with another offshore project in production mode

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online a gas development project off the coast of China.

about 1 year ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Fossil Energy

Venture Global okays third LNG project backed by $15B financing

U.S. energy player Venture Global has taken a final investment decision (FID) for the first phase of its export project in Louisiana, United States.

about 1 year ago
Location map of IPB's exploration permit WA-424-P in the Browse Basin; Source: IPB
Fossil Energy

Australian firm on the lookout for partners ahead of oil & gas drilling and development ops

IPB Petroleum is seeking partners to secure funding for future hydrocarbon drilling and oil and gas development activities across its exploration permit in the Browse Basin off the coast of Western Australia.

about 1 year ago
Two workers on an offshore platform
Fossil Energy

ExxonMobil handing over reins of Australia’s legacy offshore asset to Woodside

Australia’s oil and gas giant Woodside Energy has signed a deal with the Australian subsidiary of U.S.-headquartered energy major ExxonMobil to assume the operatorship of assets situated off Victoria’s Gippsland coast.

about 1 year ago
FSO concept for Murphy's oilfield; Source: Yinson Production
Fossil Energy

Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has landed a lease and operate contract for a newbuild floating storage and offloading (FSO) unit destined to serve the Block B gas field off the coast of Vietnam, Southeast Asia.

about 1 year ago
Illustration; Source: QatarEnergy
Fossil Energy

First financing in place for 25 Korea-built vessels in QatarEnergy’s massive LNG shipbuilding program

Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has joined forces with the Export-Import Bank of Korea (KEXIM) to set up the first financing package for 25 conventional liquefied natural gas (LNG) carriers being constructed in Korea.

about 1 year ago
Bourbon's vessel; Source: Bourbon
Fossil Energy

Eni books Bourbon’s new vessel sextet for ops offshore Congo

Eni Congo, a subsidiary of Italy’s energy giant Eni, has hired six vessels on a multi-year assignment from Bourbon, a French maritime services provider, to support operations at its fields off the coast of Congo.

about 1 year ago
FPS Shenandoah; Source: Navitas Petroleum
Fossil Energy

First oil & gas flows from US Gulf deepwater project

Texas-based exploration and production player Beacon Offshore Energy has begun oil and natural gas production from a deepwater project connected to a floating production system (FPS) facility in the Gulf of America, formerly the U.S. Gulf of Mexico.

about 1 year ago
Giovanni Ranieri, CEO of NextGeo
Fossil Energy

NextGeo signs five-year offshore geoscience deal with TotalEnergies

Italy-headquartered marine geosciences and offshore construction support services provider Next Geosolutions (NextGeo) has signed a five-year framework agreement with French multi-energy major TotalEnergies for the provision of offshore investigation services. According to NextGeo, the non-exclusive

about 1 year ago
An offshore platform
Fossil Energy

Natural gas deal opens new energy corridor between Azerbaijan and Ukraine

Ukraine’s state-owned energy company Naftogaz Group has signed an agreement with the Ukrainian subsidiary of the State Oil Company of the Republic of Azerbaijan (SOCAR) for the purchase of natural gas.

about 1 year ago
FPSO Norne; Source: Equinor
Fossil Energy

North Sea swap deal expands Aker BP’s oil & gas portfolio

Aker BP has made arrangements with JAPEX Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to trade partial interests in two fields for the Japanese player’s Northern North Sea assets.

about 1 year ago
Saipem collects $900 million in new contracts
Fossil Energy

Saipem wraps up pipeline installation for Equinor’s Irpa field (Video)

The pipelaying vessel Castorone, operated by Italian oilfield services provider Saipem, has completed the installation of an approximately 80-kilometer pipeline linking the Aasta Hansteen platform to Equinor’s new subsea tieback field, Irpa, formerly known as Asterix. The Irpa field, located at a de

about 1 year ago
An offshore drilling rig
Fossil Energy

BW handpicks 6th-gen rig for Orange Basin drilling assignment

Oslo-listed oil and gas E&P player BW Energy has picked a semi-submersible rig owned by Northern Ocean (NOL) and managed by Odfjell Drilling for a drilling assignment in Namibia’s Orange Basin.

about 1 year ago
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