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Fossil Energy

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FPSO & VesselsLow-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersLiquefied Natural GasCollaborationExploration & ProductionResearch & DevelopmentRigsAuthorities & GovernmentRegulation & PolicyProduction & ProcessingSeismicSubseaOutlook & StrategyTechnologyCarbon Capture Usage & StorageMarket OutlooksTransitionOperations & MaintenanceVessels
Illustration of FPSO for Bay du Nord oil project; Source: Equinor
Fossil Energy

Canada’s stalled $12-billion oil project takes step forward with new FPSO awards

Equinor has started the ball rolling to develop its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador by awarding preliminary front-end engineering design (pre-FEED) work to BW Offshore and Altera Infrastructure.

about 1 year ago
NFE's LNG terminal in Puerto Rico is adjacent to the power plant, which will initially operate on LNG but have the capacity to operate on hydrogen in the future; Source: New Fortress Energy
Fossil Energy

US firm scores 20-year gas supply gig in Puerto Rico

U.S. energy infrastructure player New Fortress Energy (NFE) has secured a multi-year natural gas supply deal for a 478 MW combined-cycle power plant, which is currently under development in San Juan, Puerto Rico.

about 1 year ago
Darwin LNG; Source: Santos
Fossil Energy

Duo exploring avenues for Australian LNG project’s expansion to enrich gas market

Santos has joined forces with Tamboran Resources Corporation to look into a potential enlargement of a liquefied natural gas (LNG) project in Darwin, with the idea of supplying more gas to the country’s domestic market and international LNG scene.

about 1 year ago
President Lech Kaczyński LNG Terminal in Świnoujście has been in operation since 2016; Source: Gaz-System
Fossil Energy

LNG terminal spreads its wings to level up Poland’s gas diversification and energy security

Gaz-System has expanded the regasification capacity at a liquefied natural gas (LNG) terminal in Świnoujście.

about 1 year ago
Transocean Norge; Source: Transocean
Fossil Energy

All-systems-go for Transocean rig to spin the drill bit in North Sea

OMV has received a drilling permit from the country’s authorities for a wildcat well in the North Sea off the coast of Norway, enabling it to undertake drilling activities next month with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago
Norwegian seismic duo receives local clearance for merger
Fossil Energy

‘Advanced’ imaging centers launch in Brazil to boost offshore energy exploration

Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil. TGS noted that these centers, based at Petrobras

about 1 year ago
Kuwait Petroleum Company
Fossil Energy

Another oil & gas discovery of ‘great importance’ springs up offshore Kuwait

Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore field in the country’s territorial waters, bolstering its expectations of discovering more offshore oil and gas to boost the country’s energy arsenal.

about 1 year ago
CNOOC
Fossil Energy

CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays

China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025.

about 1 year ago
A large vessel at dock
Fossil Energy

Croatia’s LNG terminal one step closer to capacity expansion

The process of increasing the capacity of the liquefied natural gas (LNG) terminal on the island of Krk, Croatia, has entered a new stage with the completion of the inspection of a regasification module at Nantong CIMC Sinopacific Offshore & Engineering in Shanghai.

about 1 year ago
FPSO Cidade de Angra dos Reis; Source: Petrobras
Fossil Energy

MODEC’s FPSO staying five more years with Petrobras offshore Brazil

Petrobras has prolonged the assignment of a floating production, storage, and offloading (FPSO) vessel, chartered from Japan’s MODEC, in the Santos Basin off the coast of Brazil.

about 1 year ago
Map showing oil & gas fields in Vietnam; Source: Harbour Energy
Fossil Energy

UK firm’s acquisition of ‘fast-payback’ oil & gas fields marks new country entry in Southeast Asia

EnQuest has set the wheels in motion to expand its presence in Southeast Asia by buying Harbour Energy’s business in Vietnam, which encompasses producing oil and gas assets.

about 1 year ago
Rendering of an LNG liquefaction plant
Fossil Energy

YPF and Indian trio shake hands on LNG export from Argentina’s future plant

Argentina’s oil and gas firm YPF has signed a memorandum of understanding (MOU) with three Indian companies, India’s Oil and Natural Gas Corporation (ONGC), Gas Authority of India Limited (GAIL), and ONGC Videsh to export liquefied natural gas (LNG) from its proposed project in the Sierra Grande Nor

about 1 year ago
Europe
Fossil Energy

New LNG carrier deal marks 21st vessel entry in Danish shipowner’s orderbook

Danish shipping player Celsius has expanded its liquefied natural gas (LNG) orderbook with a new addition, thanks to a deal with Japan’s JERA.

about 1 year ago
Depsea Yantai rig; Source: Neptune Energy
Fossil Energy

Orlen and Shell come up empty as Tomcat drilling ops wind down

Orlen Upstream Norway, part of Poland’s Orlen Group, has wrapped up drilling activities at a wildcat well in the southern part of the Norwegian Sea, undertaken with one of the Odfjell Drilling-managed rigs, without finding any commercial volumes of hydrocarbons.

about 1 year ago
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