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Fossil Energy

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Adriatic LNG; Source: VTTI
Fossil Energy

Duo finalizes acquisition of shares in ‘key energy infrastructure’ to boost Italy’s security of supply

Following the acquisition of shares, VTTI has taken the largest stake in an Italian liquefied natural gas (LNG) terminal as Snam increased its interest in the same project.

about 1 year ago
Lone Star semi-submersible rig; Source: Constellation Oil Services
Fossil Energy

Baker Hughes, OneSubsea, and Constellation sign up for subsea and drilling jobs at Brazilian oil fields

Brava Energia has hired Baker Hughes, SLB’s OneSubsea, and Constellation Oil Services to bring to life its first integrated development campaign at two offshore oil fields with an option to develop a third one as a tie-back to existing infrastructure off the coast of Brazil.

about 1 year ago
A man smiling
Fossil Energy

ExxonMobil’s low-carbon business president stepping into upstream role

The president of ExxonMobil Low Carbon Solutions (LCS), a subsidiary of U.S.-headquartered energy giant ExxonMobil, is set to take the helm at the firm’s upstream business following the announced retirement of its current head.

about 1 year ago
HullWiper's ROV hull cleaning solution in action; Source: HullWiper
Fossil Energy

Two players bringing ROV hull cleaning tech to Singapore for ‘greener’ shipping

UAE-headquartered HullWiper has joined forces with Singapore’s Unidive Subsea to provide its remotely operated vehicle (ROV) hull cleaning technology in Singapore.

about 1 year ago
Illustration; Source: Orcadian Energy
Fossil Energy

Orcadian takes HALO Offshore into its portfolio

Orcadian Energy has brought into its fold all ordinary shares of HALO Offshore UK (HALO) from the joint liquidators of Hague and London Oil.

about 1 year ago
A large vessel at sea
Fossil Energy

SHI hands over LNG carrier to NYK

South Korean shipbuilder Samsung Heavy Industries (SHI) has delivered a liquefied natural gas (LNG) carrier ordered by Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) at the former’s shipyard in Geoje, South Korea.

about 1 year ago
Noble Valiant drillship; Source: Noble Corporation
Fossil Energy

McDermott scores FEED assignment at oil project in Gulf of Mexico

McDermott has secured a front-end engineering design (FEED) contract with Repsol for two oil fields that form part of a development project in the Gulf of Mexico’s Block 29 off the coast of Mexico.

about 1 year ago
An offshore platform at sunset
Fossil Energy

Inpex farming into Seascape’s exploration block offshore Malaysia

Japan’s energy company Inpex Corporation has inked a share sale and purchase agreement (SSPA) with Seascape Energy, a Southeast Asia-focused E&P player, to acquire a participating interest in a production sharing contract (PSC) off the coast of Sarawak, Malaysia from the latter’s subsidiary.

about 1 year ago
Illustration; Source: CRP Subsea
Fossil Energy

UK subsea player gets new job at Brazil’s deepwater oil field

CRP Subsea, part of AIS, has been hired to supply its distributed buoyancy modules (DBMs) to a deepwater oil field project in the pre-salt Santos Basin, off the coast of Brazil.

about 1 year ago
Platforms at Jinzhou 23-2 oilfield; Source: Fulan Offshore
Fossil Energy

China’s commissioning streak continues with one more offshore oil project on stream

CNOOC is on top of its hydrocarbon game as it confirms a new first for China with the beginning of production at a development said to be the Asian country’s first offshore multi-layer heavy oil thermal recovery project.

about 1 year ago
Transocean Encourage rig; Source: Transocean
Fossil Energy

No hydrocarbons for Equinor in Norwegian Sea wildcat

Equinor has found no hydrocarbons in an exploration well, which was drilled using one of Transocean’s rigs in the Norwegian Sea off the coast of Norway.

about 1 year ago
Artistic rendering of an LNG plant
Fossil Energy

Canadian firm seeks environmental permit for LNG plant expansion

Canadian natural gas and energy utility FortisBC has filed an environmental assessment (EA) application with the British Columbia Environmental Assessment Office (BC EAO) for the proposed expansion of its existing liquefied natural gas (LNG) facility on Canada’s Tilbury Island.

about 1 year ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Fossil Energy

$1.3 billion lawsuits for damages arising from explosion at US LNG facility thrown out of court

Texas-based litigation firm Hicks Thomas LLP, whose attorneys argued that insurance carriers could not recover on subrogation claims, has confirmed its win in two legal battles related to lawsuits totaling $1.3 billion against builders of a liquefied natural gas (LNG) export facility in Texas, Unite

about 1 year ago
Two women and one man standing in front of a sign
Fossil Energy

Residual cold from Spain’s LNG terminal becomes low-carbon grid energy in ‘world first’

French-headquartered ecological transformation company Veolia, Spanish gas grid operator Enagás, and Barcelona City Council have launched a residual cold recovery solution installed at a liquefied natural gas (LNG) terminal in the Port of Barcelona.

about 1 year ago
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