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Fossil Energy

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Sparta FPU; Source: Shell Offshore
Fossil Energy

Shell entrusts Gulf of Mexico FPU commissioning task to US player

Gate Energy has struck a new commissioning management and execution deal with Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, for a semi-submersible floating production unit (FPU) destined for a deepwater development in the U.S. Gulf of Mexico.

about 1 year ago
Subsea7 takes on FEED work to help unlock North Sea field’s oil & gas
Fossil Energy

Subsea7 takes on FEED work to help unlock North Sea field’s oil & gas

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Subsea7 has secured a contract with Norway’s state-owned energy company Equinor to deliver a study that will finalize the technical definition of the proposed subsea development at a field off Norway before the final investment decision (FID) is reached. Subsea 7 has been appointed to deliver a fron

about 1 year ago
Value Maritime, partners win funding for CCS aboard Samskip Kvitbjorn
Fossil Energy

Value Maritime, partners win funding for CCS aboard Samskip Kvitbjorn

Dutch maritime technology company Value Maritime and its partners in the Maritime Efficient & Easy Carbon Capture (ME2CC) project have received funding from the Maritime Masterplan 2024 to advance the development, construction and demonstration of a compact, modular carbon capture system to be insta

about 1 year ago
Buzzard oil & gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Fossil Energy

UK hits Chinese oil & gas giant’s European arm with £125K fine in flaring and venting clampdown

North Sea Transition Authority (NSTA) has imposed a penalty of £125,000 on a European affiliate of China’s state-owned oil and gas giant for breaching its venting consent on two separate occasions at a field located 60 miles northeast of Aberdeen.

about 1 year ago
Aerial view of a shipyard
Fossil Energy

Korean duo picks TMC Compressors for 32 ships set to work for ‘LNG shipping major’

Norway-based TMC Compressors has been hired by South Korea’s Samsung Heavy Industries (SHI) to supply marine compressed air systems for a set of liquefied natural gas (LNG) carriers the latter is building for an undisclosed national energy company.

about 1 year ago
Perenco's Cap Lopez terminal in Gabon; Source: Dixstone
Fossil Energy

African FLNG project getting its ‘ideal choice’ of LNG liquefaction technology

Perenco has picked a liquefied natural gas (LNG) liquefaction technology partner for its floating LNG (FLNG) project in Gabon, West Africa. Thanks to this, Aragon, a Norway-headquartered engineering, procurement, and construction (EPC) player, which is part of Seatrium, will work on the firm’s FLNG

about 1 year ago
Emirati company wins $1B contract for subsea gas pipeline in Taiwan
Fossil Energy

Emirati company wins $1B contract for subsea gas pipeline in Taiwan

UAE’s NMDC Energy, formerly known as National Petroleum Construction Company, has secured a $1.136 billion engineering, procurement, and construction (EPC) contract with a Taiwanese company for the installation of subsea gas pipelines, among other things, for the renewal of a power plant in Taiwan.

about 1 year ago
Denmark's tender invites applications for coastal CO2 storage exploration
Fossil Energy

Denmark inviting applications for coastal CO2 storage exploration

The Danish Energy Agency is today opening the fourth round of tenders inviting companies to apply for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark. The tender covers three areas near the Danish coast – Jammerbugt, Lisa and Inez, which are among several

about 1 year ago
Safe Zephyrus; Source: Prosafe
Fossil Energy

Prosafe vessel staying 954 more days with Petrobras

Prosafe has won a multimillion-dollar contract extension for one of its semi-submersible vessels, which is providing safety and maintenance support to Petrobras, a Brazilian state-owned energy giant.

about 1 year ago
FPSO Atlanta; Source: Yinson Production
Fossil Energy

Yinson Production confirms first oil from its third FPSO in Brazil

Yinson Production has highlighted that its third floating production, storage, and offloading (FPSO) unit in Brazilian waters, which recently achieved first oil, will feature a carbon management process plant to decarbonize the FPSO operations in line with the firm’s sustainability goals.

about 1 year ago
Kongsberg Discovery expands with purchase of subsea monitoring provider
Fossil Energy

Kongsberg Discovery expands with purchase of subsea monitoring provider

Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, has acquired compatriot Naxys Technologies, a provider of underwater environmental monitoring solutions, specializing in recognizing the sound of oil & gas leaks. Formed in 1999, Naxys Technologies’ c

about 1 year ago
A jack-up rig
Fossil Energy

Hibiscus taps Tanjung for work on Vietnam-Malaysia shared block

Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has won a contract with Hibiscus Oil & Gas Malaysia, an affiliate of Malaysia’s Hibiscus Petroleum, for the provision of maintenance, construction, and modification (MCM) services at a block within the overlapping territorial waters be

about 1 year ago
Production capacity of 1.3 million barrels of oil per day expected by the end of 2027 offshore Guyana; Source: ExxonMobil
Fossil Energy

ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025

With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana.

about 1 year ago
With first bunkering operation under the belt, Monjasa pioneers LNG as marine fuel in UAE
Fossil Energy

With first bunkering operation under the belt, Monjasa pioneers LNG as marine fuel in UAE

Marine fuels supplier Monjasa has completed the UAE’s first LNG bunkering operation.

about 1 year ago