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Fossil Energy

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Oil & GasAuthorities & GovernmentBusiness Developments & ProjectsRegulation & PolicyLiquefied Natural GasLow-Carbon TransitionBusiness & FinanceExploration & ProductionSubseaSurveys & InterventionsCarbon Capture Usage & StorageInfrastructureOutlook & StrategyProject & TendersStorageTransitionVisionRigsFPSO & VesselsCollaboration
An offshore platform
Fossil Energy

15,000 Gulf of America blocks up for grabs in new lease sale proposal

The U.S. Bureau of Ocean Energy Management (BOEM) intends to publish a proposed notice of sale (PNOS) for new oil and gas acreage in the Gulf of America’s Outer Continental Shelf (OCS). As disclosed, approximately 15,000 unleased blocks situated 3 to 231 miles offshore across the Gulf’s Western, Cen

about 1 year ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Fossil Energy

Another gas asset switching back to online mode in the wake of Israel-Iran ceasefire

Chevron has received the green light to restore production from its giant natural gas field off the coast of Israel, as the dust continues to settle over the U.S.-arranged Israel-Iran ceasefire deal in the Middle East.

about 1 year ago
offshore platform
Fossil Energy

FERC easing rules to expedite construction of natural gas projects

The U.S. Federal Energy Regulatory Commission (FERC) has taken action to remove regulatory obstacles and speed up the construction of natural gas infrastructure projects in the United States.

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Fossil Energy

Chevron staying ahead of LNG game with another 20-year US offtake deal

Chevron has taken steps to secure additional liquefied natural gas (LNG) by inking one more sale and purchase agreement (SPA) with Energy Transfer for the delivery of supplies from an LNG export project being developed on Louisiana’s Gulf Coast.

about 1 year ago
OneSubsea to deliver subsea CO2 injection system for Northern Lights expansion
Fossil Energy

OneSubsea to deliver CO2 injection system for Northern Lights expansion

SLB OneSubsea has secured an engineering, procurement and construction (EPC) contract with Norwegian state-owned energy company Equinor for a subsea CO2 injection system destined for the second phase of the Northern Lights CO2 transport and storage project. Northern Lights constitutes the transport,

about 1 year ago
Several man sitting behind a desk onstage signing contracts
Fossil Energy

Petrovietnam inks PSC for block offshore Vietnam

The state-owned Vietnam National Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for a block in Vietnam’s Cuu Long basin.

about 1 year ago
Noble Viking drillship; Source: Noble Corporation
Fossil Energy

Noble rig embarks on drilling gig at gas project in Philippines

A drillship, owned by Noble Corporation, a U.S.-based offshore drilling player, has started its drilling campaign at a field off the coast of the Philippines in Southeast Asia.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

Strait of Hormuz’s LNG flow role faces uncertainty amid tensions

The U.S. Energy Information Administration (EIA) has reported that the Strait of Hormuz, the sea channel linking the Persian Gulf with the Gulf of Oman and the Arabian Sea, has facilitated the transport of one-fifth of global liquefied natural gas (LNG) exports.

about 1 year ago
FPSO Energean Power; Source: Energean
Fossil Energy

Israel-Iran truce sends signal for Mediterranean gas story to continue with FPSO restart

As the Israel-Iran ceasefire seems to be holding its ground, the UK-based oil and gas player Energean has been given the go-ahead to restart production from a floating production, storage, and offloading (FPSO) vessel, which is working on a natural gas field off the coast of Israel, enabling the cou

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Fossil Energy

Norwegian player’s oil & gas search hits a dry patch

Aker BP has come up empty after drilling an exploration well in the Norwegian Sea off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
Rendering of Louisiana LNG terminal
Fossil Energy

Woodside closes stake sale in Gulf Coast LNG project

Australia’s energy giant Woodside has completed the sale of an interest in its liquefied natural gas (LNG) development on the United States’ Gulf Coast to Stonepeak, a New York-based investment firm specializing in infrastructure and real assets.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

WATCH: DeepOcean wraps up ‘deepwater milestone’ at gas field in Norwegian waters

DeepOcean has finished sliding into place foundation template structure (FTS) for an offshore natural gas field, described as the deepest field on the Norwegian Continental Shelf (NCS).

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Fossil Energy

France’s CO2 storage deal with Norway paving the way for common European CCS market

Ministers of Norway and France have signed an agreement enabling cross-border transport and storage of CO2.

about 1 year ago
Corpus Christi LNG terminal
Fossil Energy

Two-train expansion of Cheniere’s South Texas LNG terminal is a go

U.S. energy player Cheniere Energy has made a positive final investment decision (FID) for the project proposing to add two new trains to its liquefied natural gas (LNG) project on the La Quinta Ship Channel in South Texas

about 1 year ago
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