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Fossil Energy

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Oil & GasBusiness Developments & ProjectsProject & TendersTechnologyRigsBusiness & FinanceExploration & ProductionLiquefied Natural GasLow-Carbon TransitionOperations & MaintenanceDeepwater InstallationFPSOFPSO & VesselsSubseaPipesInfrastructureVesselsInnovationCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyTransition
Deepsea Bollsta; Source: Odfjell Drilling
Fossil Energy

More time for cleantech player on Odfjell-operated rig in Norwegian Sea

Norway-based cleantech service provider Soiltech has won contracts with OMV Norge, a compatriot subsidiary of Austria-headquartered oil and gas player OMV, and Northern Ocean Wind for drilling waste management on a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean.

about 1 year ago
Deepwater Invictus; Source: BHP (now Woodside)
Fossil Energy

Transocean rig embarks on its Gulf of America drilling job with BP

An ultra-deepwater drillship, owned by Transocean, has kicked off its assignment with BP in the Gulf of America, formerly the U.S. Gulf of Mexico.

about 1 year ago
A large vessel at sea
Fossil Energy

Höegh Evi selects Seatrium for Egypt-bound FSRU conversion

Marine energy infrastructure developer Höegh Evi has signed a long-term time charter agreement with Egyptian Natural Gas Holding Company (EGAS) to deploy a floating storage and regasification unit (FSRU) in Egypt. The vessel will be converted from a liquefied natural gas (LNG) carrier by Singapore’s

about 1 year ago
Chevron recently brought online a subsea tie-back to the Blind Faith platform; Source: Chevron
Fossil Energy

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion

Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion.

about 1 year ago
A large vessel at sea
Fossil Energy

Vaalco advances FPSO overhaul and drilling plans off Africa

Houston-based Vaalco Energy has provided an update on its exploration agenda offshore Côte d’Ivoire and Gabon.

about 1 year ago
FPSO Fast4Ward design; Source: SBM Offshore
Fossil Energy

SBM Offshore’s Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shape

TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project.

about 1 year ago
Offshore platforms
Fossil Energy

Jersey player in the running for acreage offshore Brunei

Jersey-based and London Stock Exchange-listed upstream oil and gas company Upland Resources is being considered for the award of acreage as part of the 2025 Brunei offshore licensing round organized by the Petroleum Authority of Brunei (PAB).

about 1 year ago
Akal-C platform; Source: Pemex
Fossil Energy

Pemex patches up pipeline in the aftermath of oil spill offshore Mexico

Pemex has undertaken repair work at a pipeline, which is connected to its oil platform off the coast of Mexico, to address leaks and prevent hydrocarbon presence on the North American country’s coast.

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

Yinson Production’s FPSO with carbon reduction kit ticks pit stop off its list as voyage to Angola continues

Yinson Production has confirmed a brief stopover in Namibia, following which its floating production, storage, and offloading (FPSO) vessel, sporting carbon capture technology to decarbonize operations, is slated to reach Angolan waters in mid-May 2025.

about 1 year ago
A large offshore platform
Fossil Energy

Prosafe emerges victorious in Petrobras’ $204 million vessel tender

The Oslo Stock Exchange-listed offshore accommodation provider Prosafe has been named the winner of a tender to supply a vessel to provide safety and maintenance support for operations by Brazilian state-owned oil and gas player Petrobras offshore Brazil.

about 1 year ago
An offshore platform
Fossil Energy

Brazilian firm ditching plans to sell Camamu Basin shallow water assets

Brazilian energy player Brava Energia has decided to end the negotiations related to the divestment process of onshore and shallow water assets in Brazil’s State of Bahia.

about 1 year ago
Trendsetter's flagship a 20,000 psi (20K) intervention system; Source: Trendsetter
Fossil Energy

Trendsetter’s 20K intervention solution gets its first action on Gulf of America oil project

Trendsetter Engineering has tucked a new milestone under its belt with the first delivery of its flagship 20,000 psi (20K) intervention system, which has been deployed from Transocean’s drillship at a deepwater oil project operated by the U.S.-headquartered Beacon Offshore Energy in the Gulf of Amer

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Fossil Energy

Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience

Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.

about 1 year ago
Illustration; Source: Petrobras
Fossil Energy

Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find

Brazilian state-owned energy giant Petrobras has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, South America.

about 1 year ago
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