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Fossil Energy

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CablingOil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersLow-Carbon TransitionAuthorities & GovernmentCarbon Capture Usage & StorageRegulation & PolicyTransitionRigsFPSO & VesselsSafetyLiquefied Natural GasCollaborationOutlook & StrategyVesselsClean FuelEnergy TransitionGreen MarineSurveys & InterventionsEnvironmentInfrastructureMarket OutlooksStorageVisionHuman Capital
Al Shaheen field offshore Qatar; Source: Hengtong
Fossil Energy

Expansion of Qatar’s huge 30-year-old oil field brings subsea cable order to Hengtong

Hengtong will manufacture and construct the submarine fiber optic cable system, including branch units for a project, which is said to be the most important and strategic one for the future of Qatar’s largest offshore oil field.

about 1 year ago
Carbon storage (illustration); Source: TGS
Fossil Energy

Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’

The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as

about 1 year ago
Deepwater Conqueror drillship; Source: Transocean
Fossil Energy

Transocean drillship gets another drilling job in Gulf of Mexico

Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U.S. Gulf of Mexico.

about 1 year ago
FPSO BW Opal; Source: BW Offshore
Fossil Energy

Start-up of giant gas development remains on track as flagship carbon capture and storage project propels forward Australia’s journey to net zero

Australian energy player Santos has hit the 82% completion mark at its project in Commonwealth waters, bringing it closer to the first gas from its huge field off the coast of Australia. The firm also confirmed the commissioning of a carbon capture and storage (CCS) project in the Cooper Basin, whic

about 1 year ago
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News Agency
Fossil Energy

ABS brings Swiss player on board FPSO project being undertaken for Petrobras

The American Bureau of Shipping (ABS), a classification society, has hand-picked Switzerland-headquartered structural performance management software solutions provider Akselos to provide software to monitor one of the four floating production, storage, and offloading (FPSO) units in the Cessão Oner

about 1 year ago
The backs of a man and a woman holding onto a railing on a platform
Fossil Energy

Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter.

about 1 year ago
A large vessel at sea
Fossil Energy

Egyptian LNG coming to freshly opened Greek FSRU terminal

Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in

about 1 year ago
Sullom Voe Terminal; Source: Veri Energy
Fossil Energy

Trio enriches offshore electrification of oil & gas assets in UK and Norway with carbon capture

Three players have embarked on a decarbonization mission to bring offshore electrification operations to new heights in the UK and Norway by throwing carbon capture solutions into the mix to curb oil and gas installations’ carbon footprint.

about 1 year ago
An offshore platform
Fossil Energy

Norwegian firm lands waste management gig on Equinor’s North Sea platform

Norway-based cleantech service provider Soiltech has won a solid waste management contract with compatriot energy heavyweight Equinor for one of its platforms in the North Sea.

about 1 year ago
FPSO Maria Quitéria; Source: Yinson Production
Fossil Energy

FPSO offshore Brazil sees first oil sooner than planned

A Yinson Production-operated floating production, storage, and offloading (FPSO) unit chartered by Brazilian state-owned oil and gas giant Petrobras has produced first oil in the pre-salt Campos Basin offshore Brazil.

about 1 year ago
18 companies unite for joint industry partnership to accelerate CCUS projects
Fossil Energy

18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 1 year ago
Shearwater - NEO Energy
Fossil Energy

NEO Energy reshapes executive structure, appoints new leadership

Aberdeen-based New European Offshore (NEO Energy) has reshuffled its leadership team, appointing a new Chief Executive Officer (CEO) and Chief Operating Officer (COO) while restructuring its Board. The company named Andy McIntosh as the new CEO and Craig McKenzie as COO, both internal promotions.

about 1 year ago
Woodside delisting from London Stock Exchange
Fossil Energy

Woodside delisting from London Stock Exchange

After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ

about 1 year ago
An illustration showing a lion breathing fire on planet Earth
Fossil Energy

Environmental organizations remain ‘unwavering’ as they get SLAPPed with lawsuit by Eni

Italian oil and gas giant Eni has filed an official strategic lawsuit against public participation (SLAPP) against two non-governmental organizations (NGOs), Greenpeace Italy and ReCommon.

about 1 year ago
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