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Fossil Energy

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Multiple people standing next to each other at a signing ceremony
Fossil Energy

ConocoPhillips and Shell among winners of oil & gas acreage offshore Malaysia

Malaysia’s state-owned energy giant Petronas has signed production sharing contracts (PSCs) with multiple partners for three discovered resource opportunities (DRO) clusters and one exploration block as part of the Malaysia Bid Round (MBR) 2024.

about 1 year ago
Noble Patriot semi-submersible rig; Source: Noble Corporation
Fossil Energy

Noble rigs score more work with TotalEnergies, BP, and TAQA as Inpex opts for early termination

Noble Corporation has secured further work for two floaters in Nigeria with France’s TotalEnergies and in the UK with TAQA while one of its jack-up rigs also got more work in Britain with BP. However, Inpex has decided to break off the deal in Australia for one of the rig owner’s floaters.

about 1 year ago
Peregrino A platform; Source: Equinor
Fossil Energy

Chinese duo exits as local firm pays $1.92 billion for stake in Brazil’s giant offshore field

PRIO has expanded its footprint off the coast of Brazil by acquiring non-operated interests of two Chinese players in a field offshore Rio de Janeiro, said to be Equinor’s largest operated field outside Norway.

about 1 year ago
A digital rendering of an LNG carrier
Fossil Energy

LR provides insight into its stamp of approval for GTT’s new LNG carrier design

The UK-based classification society Lloyd’s Register (LR) has shared the rationale behind granting an approval in principle (AiP) to French technological containment specialist Gaztransport & Technigaz (GTT) for its 200,000 cubic meters (cbm) liquefied natural gas (LNG) carrier concept.

about 1 year ago
TechnipFMC's Subsea 2.0; Source: TechnipFMC
Fossil Energy

TechnipFMC slots first subsea piece into Guyanese waters for ExxonMobil’s fifth oil project

TechnipFMC has put the first equipment part of a subsea production system in place for an oil development at the Stabroek block off the coast of Guyana, which ExxonMobil Guyana Limited, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, operates.

about 1 year ago
FSRU Independence; Source: Höegh Evi, former Höegh LNG
Fossil Energy

Ownership of FSRU deployed in Europe changes hands

KN Energies has taken possession of a floating storage and regasification unit (FSRU) working at its LNG terminal on Lithuania’s Kiaulės Nugara Island.

about 1 year ago
Illustration; Source: BOEM
Fossil Energy

As US steps closer to next Gulf of Mexico oil & gas round, NOIA boss urges rethink on lease sale limit

The U.S. Bureau of Ocean Energy Management (BOEM) has taken steps to set the stage for the next oil and gas leasing round to be held for offshore acreage in the Gulf of Mexico (GOM) by revealing a draft programmatic environmental impact statement (EIS) for which it is seeking public comments.

about 1 year ago
Ramform Hyperion seismic acquisition vessel; Source: TGS
Fossil Energy

TGS reveals new partnership and 140-day gig in Southern Atlantic

TGS has won a new deal in South Atlantic and joined forces with Blue River Analytics, creators of the Analytics for Energy (A4E) Suite on the Spotfire platform, to optimize well and production data analysis.

about 1 year ago
Two men sitting at a desk with two men standing behind them
Fossil Energy

Singaporean player to supply Chevron with LNG until late 2030s

Sembcorp Fuels, a wholly-owned subsidiary of Singapore’s Sembcorp Industries, has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Singaporean branch of U.S.-headquartered energy giant Chevron.

about 1 year ago
AKOFS Seafarer; Source: AKOFS Offshore
Fossil Energy

$300M extension keeps AKOFS vessel busy offshore Norway

Equinor has prolonged a well intervention assignment for one of Oslo-headquartered AKOFS Offshore’s vessels on the Norwegian Continental Shelf (NCS).

about 1 year ago
A woman and a man standing and holding files with ADNOC's logo on them
Fossil Energy

ADNOC and Petronas firm up deal for 15 years’ worth of LNG from Ruwais

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Malaysia’s state-owned energy player Petronas for the supply of liquefied natural gas (LNG) from the Ruwais LNG plant.

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

Fresh drilling gig in Norwegian waters scraps rig’s idle time before its multi-year job begins

Northern Ocean (NOL) has confirmed a short-term assignment with an undisclosed operator on the Norwegian Continental Shelf (NCS) for a semi-submersible rig, which is currently under contract in Africa.

about 1 year ago
Petrobras and Ecopetrol confirm Colombia's most significant gas discovery ever by drilling the Sirius-2 well with Noble Corporation's Noble Discoverer semi-submersible rig; Source: Petrobras
Fossil Energy

‘Most significant gas discovery’ offshore Colombia puts $4.1 billion on the investment horizon

Petrobras and its partner, Ecopetrol, have confirmed a giant natural gas discovery off the coast of Colombia.

about 1 year ago
WinGD
Fossil Energy

‘Major shipowner’ goes on 16-engine spree for its LNG carrier octet

Swiss marine power company WinGD has received an order for 16 X-DF dual-fuel engines that are set to power eight liquefied natural gas (LNG) carriers following a late-stage change of heart by what the firm says is a “major shipowner.”

about 1 year ago
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