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Fossil Energy

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Rendering of the proposed LNG terminal; Source: LNG Alliance
Fossil Energy

20-year LNG offtake deal set to lend a hand in cinching Asia’s energy security

Amigo LNG, a Mexican subsidiary of Singapore’s LNG Alliance, has secured a multi-year sales and purchase agreement (SPA) with Sahara Group, an energy and infrastructure conglomerate, for the supply of liquefied natural gas (LNG) from its liquefaction facility under development on Mexico’s West Coast

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Fossil Energy

ADNOC inks UAE’s ‘largest LNG deal by volume’ with Chinese player

ADNOC has signed a multi-year gas deal with ENN for liquefied natural gas (LNG), which will be sourced from the former’s giant low-carbon LNG project, currently under development.

about 1 year ago
Trump administration takes action to impose port tariffs on Chinese ships
Fossil Energy

Trump administration takes action to impose port tariffs on Chinese ships

The United States Trade Representative (USTR) has laid out plans to introduce fees on Chinese ships calling American ports.

about 1 year ago
A large vessel at sea
Fossil Energy

May 2025 auction date set for Italian FSRU’s regasification slots

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, will hold auctions for regasification capacity at its floating storage and regasification unit (FSRU).

about 1 year ago
A map
Fossil Energy

Australian player eyeing entry into Namibia’s frontier basin

Australia-headquartered exploration and production company Grand Gulf Energy has entered into a binding option agreement to acquire Wrangel, an applicant for a working interest in a petroleum exploration license (PEL) in the Walvis Basin, offshore Namibia.

about 1 year ago
A drillship at sea
Fossil Energy

Hanwha’s hull monitoring solution gets green light from ABS

South Korea’s Hanwha Ocean has won approval in principle (AIP) from the classification society American Bureau of Shipping (ABS) for its advanced hull monitoring system.

about 1 year ago
Multiple offshore rigs
Fossil Energy

Saipem staying in Saudi offshore game with Aramco deal renewal

Italy’s engineering, drilling, and construction services giant Saipem has renewed its long-term agreement (LTA) with Aramco, Saudi Arabia’s energy heavyweight.

about 1 year ago
Rendering of an LNG terminal
Fossil Energy

Dutch duo wins jetty construction job at German LNG terminal

The Netherlands-based Ballast Nedam and Hakkers Waterbouw have been selected to build a sea jetty as part of an LNG terminal in Brunsbüttel.

about 1 year ago
Four men standing next to each other
Fossil Energy

Asian major signs up for ADNOC’s lower-carbon LNG

Abu Dhabi National Oil Company (ADNOC) has signed a long-term sales and purchase agreement with Japan’s Mitsui & Co. for the delivery of liquefied natural gas (LNG) from the Ruwais LNG project.

about 1 year ago
Cross-border CO2 storage customer booked for Denmark's Project Greensand
Fossil Energy

Cross-border CO2 storage customer booked for Denmark’s Project Greensand

INEOS, on behalf of Project Greensand, has signed a cross-border agreement with Öresundskraft Kraft & Värme to explore the storage of CO2 from Sweden at the Greensand offshore storage facility in the Danish North Sea, starting from 2028. The agreement will see the partners explore the storage of up

about 1 year ago
An LNG tanker at sea
Fossil Energy

German firm books LNG from Woodside’s ‘largest growth project’

Australia’s energy giant Woodside Energy has signed two liquefied natural gas (LNG) sale and purchase agreements with Germany’s Uniper.

about 1 year ago
Large vessel docked offshore
Fossil Energy

Inaugural cargo lifted from FLNG at BP’s African deepwater project

The UK-headquartered oil and gas giant BP has loaded the first liquefied natural gas (LNG) cargo from its project offshore Mauritania and Senegal onto an LNG carrier.

about 1 year ago
An offshore rig at sunset
Fossil Energy

$1.63 billion gig lands on ADNOC Drilling’s docket

UAE-based drilling giant ADNOC Drilling has received a letter of award for integrated drilling services (IDS) from its sister company, ADNOC Offshore.

about 1 year ago
FPSO One Guyana; Source: SBM Offshore via LinkedIn
Fossil Energy

SBM Offshore FPSO’s miles-long journey ends in Guyana as first oil date approaches (Gallery)

SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
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