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Fossil Energy

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Petrobras hit with arbitration proceeding over alleged subsea pipeline repair failures
Fossil Energy

Petrobras hit with arbitration proceeding over subsea pipeline repair failures

Seacrest Petroleo, an independent oil & gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Brazil’s Espírito Santo, has filed an arbitration request against Brazil’s state-owned oil & gas giant Petrobras over alleged subsea pipeli

about 1 year ago
COSL Pioneer rig; Source: COSL Drilling Europe
Fossil Energy

COSL rig to spin the drill bit at North Sea wildcat this month

Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago
Aerial view of an LNG terminal
Fossil Energy

First Gen cleared to operate Batangas LNG terminal for 25 years

FGEN LNG, a wholly-owned subsidiary of Philippine utility First Gen, has received the permit to operate and maintain (POM) its interim offshore liquefied natural gas (LNG) terminal located in the First Gen Clean Energy Complex in Batangas, Philippines.

about 1 year ago
Fast4Ward design; Source: SBM Offshore
Fossil Energy

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici

12 minutes read
An offshore platform with two vessels approaching
Fossil Energy

Interim CEO takes the helm at Trillion as previous one retires

Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director.

about 1 year ago
Illustration. Source: BOEM
Fossil Energy

Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda

President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix.

about 1 year ago
Frontal view of a man
Fossil Energy

Executive takes on third role at Vantage Drilling

Offshore drilling contractor Vantage Drilling International has assigned an additional role of Chief Operating Officer (COO) to its current Chief Commercial Officer (CCO) and Chief Technology Officer (CTO). William “Bill” L. Thomson assumed the additional role as of January 1, 2025, reporting direct

about 1 year ago
Troll A platform; Source: Jan Arne Wold/Elisabeth Sahl - Equinor
Fossil Energy

Giant North Sea field sets ‘historic’ gas production record

Equinor has achieved a new production milestone at its natural gas asset in the North Sea, which is said to be the largest oil and gas field off the coast of Norway.

about 1 year ago
A vessel sailing
Fossil Energy

Strategic Marine delivers ‘revolutionary’ offshore crew transfer vessel to AES

Singapore-based shipbuilder Strategic Marine has delivered its first surface effect ship (SES) to All Energies Services (AES), an operator of offshore supply vessels focusing on the West African and Middle East markets.

about 1 year ago
An offshore platform
Fossil Energy

Work forging ahead to increase output at Canadian player’s Black Sea gas field

Canada’s oil and gas player Trillion Energy has kicked off activities on two tripod platforms as part of its efforts to boost production and optimize gas flow at a field offshore Türkiye.

about 1 year ago
Temis MSU DP3 flotel; Source: Nortrans Offshore
Fossil Energy

Saipem picks 2015-built flotel for work on giant ‘most prominent’ gas project

Nortrans has found a job for a 2015-built maintenance and support unit, which is part of its managed fleet.

about 1 year ago
LNG vessel at dock
Fossil Energy

‘New milestone’ for ADNOC’s trading arm thanks to LNG deal with Thai player

ADNOC Trading, a unit of UAE’s oil and gas giant Abu Dhabi National Oil Company (ADNOC), has signed a liquefied natural gas (LNG) trading supply agreement with Thailand’s Gulf LNG.

about 1 year ago
A large vessel at sea
Fossil Energy

Wärtsilä bags five-LNG carrier maintenance gig with Greek firm

Wärtsilä Gas Solutions, part of Finalnd’s technology firm Wärtsilä, has signed an agreement with Greek fleet owner GasLog for the service and maintenance of the latter’s liquefied natural gas (LNG) carriers.

about 1 year ago
Anchor FPU; Source: Chevron
Fossil Energy

Spotlight on oil & gas legacy of 2024: Three biggest hydrocarbon projects to turn production mode on

The top three fossil energy projects, which came into operation during 2024, reflect the prevailing market trends of entwining dynamic hydrocarbon and alternative greener plays driven by the security of supply pursuits with strong decarbonization currents to enable the industry players to come to gr

about 1 year ago
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