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Fossil Energy

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FPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersVesselsExploration & ProductionOperations & MaintenanceSafetyLiquefied Natural GasTechnologyAuthorities & GovernmentRegulation & PolicyLow-Carbon TransitionTransitionRigs
PSV Skandi Feistein; Source: DOF
Fossil Energy

DOF vessel finds more work with oil major in Australian waters

DOF Group has secured a new long-term assignment for one of its platform supply vessels (PSVs) off the coast of Australia, which enables the ship to remain in the country after wrapping up its five-year job with Esso Australia, an Australian affiliate of ExxonMobil.

about 1 year ago
Rendering of Balder area in North Sea; Source: Vår Energi
Fossil Energy

Six-well North Sea drilling campaign with $690 million price tag coming up next year to unleash more high-value barrels

Vår Energi, together with its partner, Kistos Energy, has greenlighted a final investment decision (FID) for a multi-well project, which aims to develop the next stage of a field life extension project in the North Sea off the coast of Norway.

about 1 year ago
A large vessel at sea
Fossil Energy

Retrofit and repair projects worth $76 million land on Seatrium’s docket

Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has secured several contracts for repairs and upgrades from multiple partners across several industry segments.

about 1 year ago
Sleipner assets; Source: Øyvind Gravås and Bo B. Randulff/Equinor
Fossil Energy

Smoke incident leads to gas production shutdown at North Sea platform

Equinor has confirmed the appearance of smoke at an unmanned production platform deployed at a gas field in the North Sea off the coast of Norway. As a result, the production was interrupted to carry out the required checks.

about 1 year ago
FPSO Anna Nery; Source: Yinson Production
Fossil Energy

Yinson Production bids welcome to K Line as its new partner in Brazilian FPSO

Yinson Production has wrapped up the sale of a minority stake in an FPSO working on Petrobras’ revitalization project in Campos Basin offshore Brazil.

about 1 year ago
A large vessel at sea
Fossil Energy

Eni enlists GTT’s tank maintenance skills for FLNG gig

Italy’s oil and gas giant Eni has handed out a contract to France’s technological containment specialist Gaztransport & Technigaz (GTT) for servicing its floating liquefied natural gas (FLNG) unit offshore Mozambique.

about 1 year ago
A worker surrounded by pipes
Fossil Energy

Seplat’s acquisition of ExxonMobil’s Nigerian assets gets ministerial green light

Nigeria’s oil and gas company Seplat Energy has received approval from the country’s Minister of Petroleum Resources to move forward with the acquisition of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of U.S. energy giant ExxonMobil.

about 1 year ago
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New Energies
Fossil Energy

Chinese player entrusted with flagship FLNG project unlocking ‘stranded’ offshore gas fields in Oceania

Wison New Energies has picked up a new assignment with Kumul Petroleum related to Papua New Guinea’s first floating liquefied natural gas (FLNG) unit, which is planned to be deployed to the Gulf of Papua in Oceania to assist the Pacific island country in commercializing its offshore gas fields.

about 1 year ago
Norve jack-up rig; Source: Borr Drilling
Fossil Energy

More oil to flow offshore Gabon as Borr Drilling’s rig gears up for workover ops before spudding another prospect in 2025

BW Energy has brought online another well on its list at an oil field in the Dussafu license off the coast of Gabon, Africa.

about 1 year ago
A large vessel at sea
Fossil Energy

Vitol inks LNG swap deal with China Gas

China Gas Hongda Energy Trading, a subsidiary of Chinese piped-gas operator China Gas, and energy and commodities company Vitol have signed a long-term liquefied natural gas (LNG) swap agreement.

about 1 year ago
Illustration; Source: CNOOC
Fossil Energy

Chinese giant brings another oil development project online in South China Sea

China’s CNOOC has started production from an oilfield development project in the South China Sea ahead of schedule.

about 1 year ago
PSV design by MMC Ship & Design; Courtesy of Kongsberg Maritime
Fossil Energy

Multimillion-dollar award puts Kongsberg in charge of equipping newbuild 10-vessel oil & gas fleet

Kongsberg Maritime has been tasked to provide a wide range of equipment for a new fleet of ten platform supply vessels (PSVs), which are being built by a Chinese shipbuilder for Greece’s vessel owner Capital Offshore Management Corp.

about 1 year ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Initial drilling indications seen as ‘encouraging’ at Shell’s high-impact North Sea gas prospect

While the preliminary findings indicate the presence of gas, Shell is continuing activities at its high-impact gas prospect in the UK sector of the North Sea, thus, more information will be available following a comprehensive review.

about 1 year ago
An offshore rig
Fossil Energy

Trio gets hold of Malaysian offshore block with 12 gas discoveries

have enriched their portfolios with a small field asset production sharing contract (SFA PSC) for a block that contains 12 gas discoveries off the coast of Sarawak, Malaysia.

about 1 year ago
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