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Fossil Energy

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Oil & GasBusiness Developments & ProjectsEquipmentProject & TendersVesselsRigsBusiness & FinanceExploration & ProductionAuthorities & GovernmentRegulation & PolicyPipesSubseaOperations & MaintenanceLiquefied Natural GasMarket OutlooksOutlook & StrategyLow-Carbon TransitionEnvironmentTransition
A large vessel at sea
Fossil Energy

Yinson selects crane duo for its Angola-bound FPSO

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has decided to equip its floating production storage and offloading (FPSO) unit with two cranes made by construction equipment manufacturer Liebherr.

about 1 year ago
Vali jack-up rig; Source: Crystal Offshore
Fossil Energy

Rig trio finds new jobs: Busy times ahead for jack-ups in Borr Drilling’s fleet

Borr Drilling has secured a batch of assignments for three jack-up rigs and shed more light on the contracting developments and movements across the rest of its jack-up fleet.

about 1 year ago
A drillship at sea
Fossil Energy

Shell books Stena drillship for Suriname campaign

KE STP and BG International, subsidiaries of UK-headquartered energy giant Shell operating in Suriname, have signed a contract with Stena Drilling for a mobile offshore drilling unit (MODU) from its fleet.

about 1 year ago
An offshore platform
Fossil Energy

US eyes June 2025 lease round announcement to reclaim ‘energy dominance’ with fresh Gulf of America acreage

The United States Department of the Interior has instructed its Bureau of Ocean Energy Management (BOEM) to hold the next scheduled oil and gas lease sale in the Gulf of America.

about 1 year ago
Aerial view of a port
Fossil Energy

Contractor picked for offshore portion of Poland’s first FSRU

Poland’s gas transmission system operator Gaz-System has selected the general contractor for the offshore portion of the floating storage and regasification unit (FSRU) that will form part of the country’s liquefied natural gas (LNG) terminal in the Gulf of Gdańsk.

about 1 year ago
Three connected offshore platforms
Fossil Energy

TotalEnergies to restore full gas production at North Sea field this week after operational hiccup

Partners in a natural gas redevelopment project in the Danish sector of the North Sea expect the project to reach its full technical capacity this week, following a month-long hiatus due to an operational obstacle.

about 1 year ago
A jackup rig being transported on a vessel
Fossil Energy

Borr Drilling’s rig takes on 120-day oilfield revival job in West Africa

Lime Petroleum, a Norwegian subsidiary of Singapore’s Rex International, has signed a contract with Borr Drilling for a modern-built jack-up rig from its fleet to be used for a drilling campaign in West Africa.

about 1 year ago
An LNG terminal under construction
Fossil Energy

$5.7B investment to fast-track Woodside’s US LNG development

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

about 1 year ago
Illustration; Source: Novatek
Fossil Energy

Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns

MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald Trump’s book by reviving its energy ties with Russia against the backdrop of tr

about 1 year ago
Oseberg field centre in the Norwegian North Sea; Credit: Trond Glaser/Equinor
Fossil Energy

Equinor’s Norwegian activity across energy and decarbonization realms remaining ‘robust’ up to 2035

Equinor has set its cap on upping its activity ante in Norway within its operated fields, onshore facilities, and exploration and development projects alongside those for renewable and low-carbon solutions, creating further ripple effects like the multibillion-dollar worth of goods and services proc

about 1 year ago
Eneos jackup lands two-well gig offshore Vietnam
Fossil Energy

Eneos jackup lands two-well gig offshore Vietnam

Japan’s Eneos Drilling, a wholly owned subsidiary of Eneos Xplora, has entered into a contract with Japan Vietnam Petroleum Company (JVPC) to supply a jack-up rig from its fleet for a drilling assignment offshore Vietnam.

about 1 year ago
Construction progress at Woodfibre LNG; Source: Woodfibre LNG
Fossil Energy

‘World’s first net-zero LNG export facility’ shaping up in Canada as $5.1B project forges ahead

Woodfibre Management, a privately held Canadian company based in Vancouver, is moving forward with the construction works at its operated multimillion-dollar liquefied natural gas (LNG) export project located along the southwest coast of British Columbia, Canada.

about 1 year ago
An LNG carrier at sea
Fossil Energy

LNG newbuild pair joining Polish player’s chartered fleet

Knutsen LNG, part of Norwegian shipping company Knutsen, has taken over a liquefied natural gas (LNG) carrier from HD Hyundai Samho Industries’ shipyard in South Korea to deliver it to its new charterer, Poland’s Orlen.

about 1 year ago
Sparta FPU; Source: Shell Offshore
Fossil Energy

Shell gives Subsea7 work on its Gulf of America deepwater project

Subsea7 has tucked a new assignment under its belt with Shell for a floating production system (FPS) destined for a deepwater development in the Gulf of America, formerly known as the U.S. Gulf of Mexico.

about 1 year ago
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