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Fossil Energy

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Oil & GasRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersVesselsFPSO & VesselsDecommissioningLiquefied Natural GasLow-Carbon TransitionEnvironmentEquipmentInnovationIT & SoftwareMarket OutlooksOutlook & StrategyTechnologyTransitionCarbon Capture Usage & StorageCollaborationInfrastructureSafetyDeepwater InstallationSubseaVessels & VehiclesAuthorities & GovernmentRegulation & PolicyRules & Regulation
Deepsea Atlantic rig; Source: Odfjell Drilling
Fossil Energy

New oil & gas find in North Sea ends up ‘not profitable’ due to price headwinds

After making another oil and gas discovery in the North Sea, thanks to drilling activities one of Odfjell Drilling’s sixth-generation semi-submersible rigs carried out off the coast of Norway, Equinor, a Norwegian state-owned energy giant, has emphasized that the development of this discovery does n

about 2 years ago
Deep Sea No. 1 production platform; Source: CNOOC
Fossil Energy

‘Large-scale’ transformation of reserves from trillion-cubic-meter gas region into usable energy production brings new project online in Chinese waters

CNOOC has started production from a natural gas project in the South China Sea, where the firm recently confirmed the total proved gas in place exceeded one trillion cubic meters.

about 2 years ago
Several people on stage at a steel-cutting ceremony
Fossil Energy

Chinese shipbuilder breaks ground for LNG vessel pair ordered by CNOOC and Petronas

Chinese shipbuilder Hudong-Zhonghua has held a steel-cutting ceremony for two liquefied natural gas (LNG) carriers it is building for a Malaysian and a Chinese client.

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Fossil Energy

US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset

Houston-based Westlawn has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The firm’s new partner, Brava Energia, former 3R Petroleum before the merger with Enauta, has welcomed the company to Brazil and revealed a timeline for

about 2 years ago
Topside structure of an offshore plant manufactured by Dyna-Mac; Source: Hanwha Ocean
Fossil Energy

Hanwha Ocean making $450 million play for Singaporean FPSO player

Hanwha Ocean has put the wheels in motion to expand its capacity in this arena by taking full control over Singapore-based offshore builder Dyna-Mac.

about 2 years ago
Digitalization is one of the growing decarbonization trends, which helps curb the vessels' greenhouse gas (GHG) emissions footprint; Source: Opsealog
Fossil Energy

Interview with Opsealog: Power of digitalization levels up vessels’ energy efficiency game as shipping regulations tighten their grip on fleets’ emissions

France’s Opsealog paints a picture of the offshore supply vessel (OSV) future rich with evolving technologies, a blossoming array of propulsion tools, and decarbonization gains.

12 minutes read
Hail and Ghasha mega gas development concept; Source: ADNOC
Fossil Energy

WATCH: First steel cut for mega gas project set on zero-emission ops by entwining smart tech, carbon capture, hydrogen, nuclear, and renewable power

The UAE’s ADNOC has held a ceremony to mark the cutting of the first steel for structures that will be placed at a massive sour gas development off the coast of the United Arab Emirates (UAE), which is envisioned to have fully unmanned offshore facilities and operate with zero emissions.

about 2 years ago
Upper part of an offshore platform up close
Fossil Energy

TotalEnergies seals long-term LNG supply deal with South Korean player

France’s energy giant TotalEnergies has signed a multi-year heads of agreement (HoA) with HD Hyundai Chemical, the chemical division of the South Korean shipbuilding conglomerate HD Hyundai, to deliver liquefied natural gas (LNG) for servicing one of the East Asian firm’s industrial sites.

about 2 years ago
Design of the P18-A platform, unmanned and equipped with solar panels and wind turbines; Credit: KCI Engineers
Fossil Energy

Gas platform inches step closer to its new lease on life as ‘one of a kind’ solar-wind powered facility for carbon storage in North Sea

Progress has been made in the finalization of the design required to repurpose a former offshore gas platform into an unmanned installation equipped to run on solar and wind for permanent offshore carbon dioxide (CO2) storage in one of the depleted natural gas fields in the North Sea.

about 2 years ago
Maersk Installer subsea support vessel (illustration); Source: Maersk Supply Service
Fossil Energy

Maersk Supply Service hand-picks UK firm for ‘complex’ ultra-deepwater job at Brazil’s huge oil field

Maritime Developments Limited (MDL) has been tasked with providing horizontal subsea umbilicals, risers, and flowlines (SURF) lay spread onto an I-class subsea support vessel to assist Denmark-headquartered Maersk Supply Service (MSS) with a solution development scope at a giant oil field in the pre

about 2 years ago
A rendering of three LNG plants on a coast
Fossil Energy

French-Japanese duo wins FEED job for LNG project offshore Mozambique

Two engineering companies, Japan’s JGC Holdings Corporation and France’s Technip Energies, have emerged as winners of the front-end engineering design (FEED) tender launched by ExxonMobil on behalf of its partners from the Mozambique Rovuma Venture (MRV), Eni and China National Petroleum Corporation

about 2 years ago
Two men inside a room with all surfaces covered in metal
Fossil Energy

European shippping firm adds tank design job to GTT’s docket for four LNG vessels

France’s technological containment specialist Gaztransport & Technigaz (GTT) has received an order from South Korea’s HD Hyundai Samho, a subsidiary of shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE), for the tank design of four new liquefied natural gas carriers (LNGCs), o

about 2 years ago
Excelerate Energy's FSRU; Source: Excelerate Energy
Fossil Energy

‘World’s largest FSRU operator’ going in hot pursuit of greener ops with Wärtsilä’s reliquefaction retrofit as USA racks its brain on bridging the gap for gas project reviews

Wärtsilä is helping future-proof gas infrastructure with its reliquefaction systems, which it will deliver for retrofit and installation onboard an FSRU, owned by the U.S.-based Excelerate Energy, a liquefied natural gas (LNG) giant.

about 2 years ago
Remotely operated vehicle (ROV) (for illustration purposes); Source: DeepOcean
Fossil Energy

Fresh subsea gig offers ‘large’ operator option to keep DeepOcean busy in UK for up to a decade

DeepOcean has won a new multi-year subsea assignment off the coast of the UK with an undisclosed operator on the UK Continental Shelf (UKCS).

about 2 years ago
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