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Fossil Energy

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FPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersVesselsRigsLiquefied Natural GasCollaborationOutlook & StrategyAuthorities & GovernmentRegulation & PolicyCablingLow-Carbon TransitionSubseaCertification & ClassificationEquipmentInfrastructureInnovationTransitionPipesOperations & Maintenance
Illustration; Source: Petrobras
Fossil Energy

Petrobras fires the starting gun on bid battle for two new Brazil-bound FPSOs

Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading (FPSO) vessels, which will be deployed in the Sergipe Alagoas Basin off the coast of Brazil.

about 1 year ago
A large LNG vessel at sea
Fossil Energy

GAIL’s LNG fleet growing thanks to deal with K Line

India’s state-owned natural gas player GAIL has signed a long-term time charter agreement with Japanese shipping company Kawasaki Kisen Kaisha (K Line) for a new liquefied natural gas (LNG) vessel to be built by Korea’s Samsung Heavy Industries (SHI).

about 1 year ago
Illustration; Source: CNOOC
Fossil Energy

Chinese oil & gas giant on a roll as another development project comes online

China National Offshore Oil Corporation (CNOOC) has begun production at another oilfield development project in the South China Sea, off the coast of China.

about 1 year ago
Main Pass IV jack-up rig; Source: Shelf Drilling
Fossil Energy

Shelf Drilling rig scores new gig offshore Nigeria

Shelf Drilling (SHLF) has landed a new drilling assignment for one of its jack-up rigs off the coast of Nigeria in West Africa.

about 1 year ago
An offshore platform with a large vessel surrounded by several smaller vessels next to it
Fossil Energy

Shell and QatarEnergy team up to supply China with LNG

Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.

about 1 year ago
FSO concept for Murphy's oilfield; Source: Yinson Production
Fossil Energy

US player entrusts Yinson Production and PTSC JV with FSO for Asian offshore oil project

A joint venture consisting of PTSC and Yinson Production has been put in charge of the provision, charter, operation, and maintenance of a floating storage and offloading (FSO) vessel destined for an oilfield development project in the Cuu Long Basin off the coast of Vietnam in Southeast Asia, which

about 1 year ago
A large vessel at sea
Fossil Energy

Local player joins FLNG project seeking to make Argentina an LNG exporter

Argentina’s oil and gas firm YPF has joined a floating liquefied natural gas (FLNG) project being co-developed by Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG and Latin American integrated energy company Pan American Energy (PAE) in Argen

about 1 year ago
Noble Invincible; Source: Noble Corporation
Fossil Energy

New North Sea oil discovery springs up as Othello opens new play in ‘dry belt’

DNO has made a new oil discovery in the southern North Sea on the Norwegian Continental Shelf (NCS), which is described as a play opener in an area previously dubbed ‘the dry belt,’ where little exploration interest was noted in recent years.

about 1 year ago
Courtesy of Hellenic Cables
Fossil Energy

Hellenic Cables cheers certification of dynamic power cable for offshore wind and oil & gas platform electrification

Hellenic Cables, part of Cenergy Holdings, has tucked a new milestone under its belt with the certification of its dynamic power cable, rated at 66 kV, which is said to be designed for demanding floating offshore wind applications.

about 1 year ago
Santorini drillship; Source: Saipem
Fossil Energy

Saipem rig finds more light oil & gas-condensate offshore Namibia

Galp has struck light oil and gas-condensate in the first well within its second exploration and appraisal program in the Orange Basin, where oil discoveries were made during the first campaign within license PEL 83 off the coast of Namibia.

about 1 year ago
BM-C-33 project; Source: Equinor
Fossil Energy

New pipeline milestone for natural gas project in Brazilian waters

Norwegian energy giant Equinor has tucked a new steel pipe production milestone under its belt for its upcoming natural gas project off the coast of Brazil.

about 1 year ago
Yme Inspirer rig; Source: Repsol Norge
Fossil Energy

Rex’s Lime boosts its stake in Repsol’s North Sea oil field

Lime Petroleum has increased its interest in an oil field operated by Repsol in the North Sea off the coast of Norway.

about 1 year ago
NAGA 8 rig; Source: Velesto Energy
Fossil Energy

Velesto brings jack-up rig’s SPS forward to prep it for new drilling opportunities

Velesto has decided to advance a special periodic survey (SPS) for one of its rigs in anticipation of new drilling assignments.

about 1 year ago
Courtesy of KCA Deutag
Fossil Energy

KCA Deutag gives Axess more work on nine platforms offshore Norway

KCA Deutag has prolonged and extended an assignment across multiple platforms on the Norwegian Continental Shelf (NCS), which is being undertaken by Axess Group, owned by Axio (72%), Salvesen & Thams Invest (18%), and Axess Mipco (10%).

about 1 year ago
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