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Fossil Energy

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Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams
Fossil Energy

TotalEnergies and Vantage Drilling launch rig joint venture

Vantage Drilling has established a new joint venture (JV), named TEVA Ship Charter (TEVA), with France’s energy giant TotalEnergies, which will acquire a drillship currently working off the coast of Congo.

about 1 year ago
Illustration; Source: Brava Energia
Fossil Energy

Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025

The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.

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14 minutes read
FPSO GTA; Source: BP
Fossil Energy

BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa

BP has tucked a first gas flow milestone under its belt off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio and one of the deepest, most complex gas developments in Africa.

about 1 year ago
An offshore platform
Fossil Energy

WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task

Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture

about 1 year ago
Noble Interceptor jack-up rig; Source: Noble Corporation
Fossil Energy

Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m

16 minutes read
UKSC development and decommission capex, from Wood Mackenzie
Fossil Energy

North Sea decommissioning grapples with delays despite government incentives

The North Sea decommissioning sector continues to face delays, as technical, regulatory, and financial hurdles prevent the rapid shutdown of offshore assets on the UK Continental Shelf (UKCS), according to a new analysis from Wood Mackenzie, an energy intelligence group. While the UK Government’s En

about 1 year ago
FPSO EmissionZero; Source: SBM Offshore
Fossil Energy

Harnessing cutting-edge technologies to shape next-generation FPSO future

While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.

13 minutes read
Noble Developer rig; Source: Noble
Fossil Energy

Rig market, oil & gas mergers and JV blockbuster moves mark 2024

A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top

14 minutes read
Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy
Fossil Energy

After Baker Hughes another US firm lands job on Louisiana LNG

Chart Industries has been selected to supply some of the required pieces to complete a proposed liquefied natural gas (LNG) terminal puzzle in Louisiana, United States.

about 1 year ago
Freeport LNG
Fossil Energy

American LNG project cheers 800th cargo milestone

A liquefied natural gas (LNG) export project in Texas, United States (U.S.), has marked the shipment of 800 cargos.

about 1 year ago
Rendering of an LNG terminal
Fossil Energy

Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals

Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing lique

about 1 year ago
FPSO Atlanta; Source: Brava Energia
Fossil Energy

Brazilian FPSO ticks first oil milestone off its list before ringing in new year

Brava Energia has brought a floating production, storage, and offloading (FPSO) vessel off the coast of Brazil online, starting production at an oil field in the Santos Basin.

about 1 year ago
Ocean Apex rig; Source: Noble
Fossil Energy

Noble rig lines up new drilling gig offshore Australia

Noble Corporation has landed a new assignment for one of its semi-submersible rigs off the coast of Australia.

about 1 year ago
Offshore Energy Recap 2024
Fossil Energy

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago