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Fossil Energy

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Vela drillship (former West Vela); Source: Diamond Offshore, now part of Noble Corporation
Fossil Energy

Seadrill drillship strikes oil & gas in US Gulf of Mexico enabling Talos to eye production start-up next quarter

Talos Energy has made a new oil and natural gas discovery in the U.S. Gulf of Mexico, thanks to its ongoing drilling activities with a drillship owned by Seadrill.

about 1 year ago
Deepsea Bollsta rig; Source: Equinor
Fossil Energy

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Chevron has drilled an exploration well in the Orange Basin off the coast of Namibia, which did not yield any commercial hydrocarbon quantities.

about 1 year ago
Large vessel at sea
Fossil Energy

Japanese giant christens one LNG carrier and takes order for another

Japan’s shipping giant Mitsui O.S.K Lines (MOL) has named a liquefied natural gas (LNG) carrier to be chartered by TotalEnergies Gas & Power Limited (TGPL), a subsidiary of French energy firm TotalEnergies. Additionally, the firm signed a long-term charter contract for a LNG newbuild with compatriot

about 1 year ago
Ksi Lisims LNG concept; Source: Western LNG
Fossil Energy

Multimillion-dollar investment smoothing the way for Canada’s $9 billion LNG megaproject to reach FID

Canada’s proposed 12-million-tonne-per-year liquefied natural gas (LNG) project on Pearse Island at the northwest coast of British Columbia (B.C.) is off to a great start in 2025 with new equity funding in place to fully support remaining development activities through to a final investment decision

about 1 year ago
An offshore platform
Fossil Energy

Trident kicks off the new year with fresh Congo acreage

UK-headquartered oil and gas company Trident Energy has completed the acquisition of Chevron’s Congolese subsidiary and its in-country assets and a working interest in two fields from TotalEnergies off the coast of Congo.

about 1 year ago
Illustration; Source: Westwood
Fossil Energy

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago
Gjøa; Source: Vår Energi
Fossil Energy

‘Great’ oil & gas exploration appetite bears fruit as Norway awards 53 new production licenses

As part of the award in the pre-defined areas 2024 (APA 2024) round, Norway’s Ministry of Petroleum and Energy has offered 53 production licenses to 20 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS).

about 1 year ago
Map showing the planned location of MESH and the existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Fossil Energy

UK’s ‘largest’ gas and hydrogen energy storage project on track for FID in 2025

EnergyPathways has made progress in making its proposed large-scale energy storage project in the East Irish Sea ready for a final investment decision (FID) later this year by securing operatorship for a block encompassing the project and picking a compatriot contractor to handle engineering study f

about 1 year ago
Man seen from behind standing inside a metal tank
Fossil Energy

GTT lands tank design gig for 6 very large LNG carriers

French technological containment specialist Gaztransport & Technigaz (GTT) has received an order from Chinese shipbuilder Hudong-Zhonghua, a subsidiary of China State Shipbuilding Corporation (CSSC), for the tank design of six new very large liquefied natural gas carriers (LNGCs).

about 1 year ago
Jacket for Quiluma platform off the coast of Angola; Source: Saipem
Fossil Energy

Saipem unveils platform construction milestone for Angola’s ‘pioneering’ gas project (Gallery)

Saipem has disclosed progress in bringing a jacket for an Angola-bound offshore platform to life. The platform, set to be used on a natural gas project in Africa, is perceived to be Angola’s first non-associated gas development.

about 1 year ago
A view of pipes on an offshore platform
Fossil Energy

Canadian firm finalizes stake sale in South Africa’s Orange Basin block

Eco (Atlantic) Oil & Gas has completed the transaction with compatriot Africa Oil Corp. enabling the latter’s subsidiary to increase its stake in a block offshore South Africa.

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Fossil Energy

BP eyes first gas months earlier with subsea ops already underway, as Valaris rig moves to next well

UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month.

about 1 year ago
An offshore platform
Fossil Energy

Murphy finds oil pay offshore Vietnam

A subsidiary of Houston-based oil and gas company Murphy Oil has drilled an exploration well and found oil in a block situated in the Cuu Long Basin offshore Vietnam.

about 1 year ago
FPSO Atlanta joined the Malaysian FPSO player's fleet as the third managed unit operating off the coast of Brazil; Source: Yinson Production
Fossil Energy

$1 billion liquidity injection comes Yinson Production’s way to bankroll FPSO player’s growth aspirations

A new investment shot that will be poured into Yinson Production has been secured with a consortium of international investment firms to pave the way for the Malaysian giant’s growth journey, with a smaller slice of the $1 billion equity financing pie earmarked for the controlling shareholder.

about 1 year ago
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