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Fossil Energy

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Valaris DS-9 drillship; Source: Valaris
Fossil Energy

ExxonMobil’s drilling ops with Valaris drillship unleash more gas

ExxonMobil has made a new gas discovery in the western region of the Mediterranean Sea, off the coast of Egypt, with a drillship owned by Valaris, an offshore drilling contract.

about 1 year ago
Six men standing in a row
Fossil Energy

French-Chinese duo exploring synergies in FLNG and FSRU sectors

French technological containment specialist Gaztransport & Technigaz (GTT) has signed a strategic cooperation agreement with China Offshore Engineering & Technology to optimize solutions for floating liquefied natural gas (FLNG) and floating storage and regasification units (FSRU).

about 1 year ago
Dongfang 29-1 gas field development project; Source: CNOOC
Fossil Energy

China expands its gas resources as new project comes online

China National Offshore Oil Corporation (CNOOC) has brought online a new gas project in the Yinggehai Basin off the coast of China.

about 1 year ago
Hywind Tampen wind farm (on the horizon) powers the Gullfaks and Snorre fields; Credit: Ole Jørgen Bratland/Equinor
Fossil Energy

Norwegian oil & gas electrification story takes another step forward with multimillion-dollar deal

Equinor has made a move to progress its offshore oil and gas electrification plans on the Norwegian Continental Shelf (NCS) by handing out a contract for early stage engineering services to Multiconsult Norge, in collaboration with subcontractors Aker Solutions and fully owned subsidiary LINK Arkite

about 1 year ago
Rendering of an LNG terminal
Fossil Energy

With funds for Louisiana LNG terminal secured, Texas firm eyes FID in second half of 2025

Kimmeridge Texas Gas (KTG) has obtained funds for its proposed liquefied natural gas (LNG) terminal near Cameron, Louisiana.

about 1 year ago
Illustration; Source: Petronas
Fossil Energy

Petronas moves forward with oil field development in Indonesian waters

Petronas has confirmed a final investment decision (FID) for an oil field in the North Madura II contract area, East Java, Indonesia.

about 1 year ago
Ship docked at an LNG terminal
Fossil Energy

Thai player welcomes inaugural LNG shipment

Gulf LNG, a subsidiary of Thailand’s Gulf Energy Development, has received its first liquefied natural gas (LNG) cargo.

about 1 year ago
COSL Prospector rig; Source: COSL
Fossil Energy

Unfavorable price environment makes new gas discovery unprofitable

Vår Energi has found more gas in the Barents Sea, thanks to the drilling operations, which were conducted with one of COSL Drilling Europe’s semi-submersible rigs off the coast of Norway.

about 1 year ago
A rig offshore
Fossil Energy

Botswana’s LNG to provide ‘energy lifeline’ for impending gas shortage in South Africa

Botala Energy, an Australian energy company focused on exploration and development opportunities for natural gas and renewables in Botswana, has signed a non-binding memorandum of understanding (MoU) with NOVO Energy, a Southern African gas distributor, to jointly develop a liquefied natural gas (LN

about 1 year ago
‘World’s first’ ship with full-scale onboard CCS ready for pilot testing
Fossil Energy

‘World’s first’ ship with full-scale onboard CCS ready for pilot testing

Following a turnkey CCS retrofit by Seatrium, Clipper Eris, the ethylene carrier owned by Solvang, is set to commence pilot testing.

about 1 year ago
Borr Galar and Borr Njord; Photo credit: GPO Heavylift
Fossil Energy

Three Borr rigs hit the brakes on drilling ops in North America as new suspension comes

Borr Drilling has confirmed a temporary suspension of operations notice for a jack-up rig trio working off the coast of Mexico, North America.

about 1 year ago
An offshore platform
Fossil Energy

Trillion completes Black Sea tubing ops, well stimulation coming up next

Canada’s oil and gas player Trillion Energy is preparing to boost gas production at its field offshore Türkiye using nitrogen after completing velocity string (VS) operations.

about 1 year ago
Rendering of an LNG terminal
Fossil Energy

$175M loan secured for NextDecade’s mega LNG project in Texas

Rio Grande LNG Super Holdings, a wholly-owned subsidiary of Houston-headquartered energy player NextDecade Corporation, has entered into a credit agreement with General Atlantic Credit’s Atlantic Park Fund. The loan will be put towards financing trains 4 and 5 at the liquefied natural gas (LNG) expo

about 1 year ago
Illustration; Source: KCA Deutag
Fossil Energy

Helmerich & Payne-KCA Deutag merger establishes driller with ‘robust geographic and operational mix‘

U.S.-headquartered rig technologies and drilling solutions player Helmerich & Payne (H&P) has wrapped up its business combination with KCA Deutag.

about 1 year ago
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