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Fossil Energy

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Man seen from behind standing on an offshore platform
Fossil Energy

Eni streamlines portfolio with oilfield solutions spin-off

Versalis, the chemical subsidiary of Italian energy giant Eni, has launched a new company to independently manage its oilfield chemicals business.

about 1 year ago
Energy Intelligence LNG carrier; Source: Alpha Gas
Fossil Energy

Wärtsilä picks up lifecycle optimization job for LNG vessel duo

Wärtsilä has landed a multi-year deal to provide enhanced operational support for two liquefied natural gas (LNG) carriers (LNGC) with Athens-based LNG management company, Alpha Gas.

about 1 year ago
Courtesy of DNO
Fossil Energy

North Sea offtake with Norwegian player bringing more gas to ENGIE

DNO has got its hands on an offtake agreement with France’s ENGIE for its Norwegian gas production and a related offtake financing facility with a U.S. bank.

about 1 year ago
Several people standing in line at a document signing ceremony
Fossil Energy

EPCC deal inked for next stage of Thailand’s third LNG terminal

Thailand’s Gulf Development Company has signed an engineering, procurement, construction, and commissioning (EPCC) contract with the PEC-CAZ Consortium for the next phase of a liquefied natural gas (LNG) terminal on the eastern coast of the Gulf of Thailand.

about 1 year ago
OSPAR
Fossil Energy

In a landmark move, OSPAR bans scrubber discharges in North-East Atlantic waters

A staged ban on scrubber discharges in coastal waters in the North-East Atlantic area (OSPAR region) has been approved. Believed to be “the first” regional regulation on scrubber discharges, the ban sets a precedent for other areas to follow. As informed, the ban will apply to discharges from open-l

about 1 year ago
South Korean partners conduct ‘world’s first’ LNG boil-off gas recycling demo
Fossil Energy

South Korean partners conduct ‘world’s first’ LNG boil-off gas recycling demo

South Korean conglomerate HD Hyundai and compatriot classification society Korean Register (KR) have revealed the completion of what is claimed to be the world’s first demonstration of a technology that recycles boil-off gas (BOG) from LNG-fueled ships under construction into onshore city gas.

about 1 year ago
FPSO Maria Quitéria; Source: Yinson Production
Fossil Energy

Yinson issues ‘largest-ever’ FPSO project bond to refinance Brazilian unit

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has placed a bond for a floating, production, storage, and offloading (FPSO) unit working at an oil field in the pre-salt Campos Basin offshore Brazil.

about 1 year ago
Newly formed Houston firm sheds subsea tree business to focus on core product lines
Fossil Energy

Newly formed Houston firm sheds subsea tree business to focus on core product lines

Innovex International, a Houston-based provider of products and technologies to the oil & gas industry, established in 2024 by the merger of Dril-Quip and Innovex Downhole Solutions, has completed the divestment of its Subsea Tree product line to compatriot Trendsetter Engineering in an all-cash tra

about 1 year ago
NAGA 5 rig; Source: Velesto
Fossil Energy

15-well drilling campaign in Malaysian waters goes to Velesto rig

Velesto Drilling, a subsidiary of Velesto Energy, has won a new multi-well drilling assignment for one of its jack-up rigs off the coast of Malaysia, Southeast Asia.

about 1 year ago
Saipem 10000 drillship
Fossil Energy

One well down, as Saipem drillship moves to another to unlock more gas at Eni’s field

Eni has completed the drilling of a well at a natural gas field in the Mediterranean off the coast of Egypt, using a drillship from the rig fleet of Saipem, a compatriot engineering, drilling, and construction services player.

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

Danos wins work on US Gulf deepwater project targeting first oil later this summer

Danos Operations Services, a subsidiary of U.S.-based energy services provider Danos, has won a contract with Texas-based exploration and production player Beacon Offshore Energy to provide production services for a floating production system (FPS) facility situated in the deepwater Gulf of America.

about 1 year ago
Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Viaro Energy broadens its UK oil & gas horizons in North Sea with Deltic buy

London-based independent upstream player Viaro Energy is expanding its oil and gas portfolio in the UK sector of the North Sea through the acquisition of Deltic Energy, an AIM-listed natural resources investing company.

about 1 year ago
An offshore rig
Fossil Energy

UK firm secures more funding for Cameroon drilling program

The AIM-listed oil and gas company Tower Resources has expanded its bridge loan with Gibraltar-registered private investment company Prime Resources.

about 1 year ago
Louisiana LNG
Fossil Energy

Job for $17.5 billion LNG project in Louisiana lands on US dredging giant’s table

Houston-based dredging services provider Great Lakes Dredge & Dock Corporation (GLDC) has won a dredging assignment on a liquefied natural gas (LNG) development in Calcasieu Parish, Louisiana, which is operated by Australia’s Woodside Energy.

about 1 year ago
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