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Fossil Energy

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Liquefied Natural GasOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersDecommissioningRigsLow-Carbon TransitionAuthorities & GovernmentRegulation & PolicyRules & RegulationAlternative FuelsAmmoniaClean FuelEnergy TransitionFPSO & VesselsGreen MarineLNGPropulsionCollaborationInfrastructureOutlook & StrategyTransitionVesselsFPSOSubseaDeepwater InstallationExploration & ProductionEnvironmentPipesHydrogenProduction & ProcessingSurveys & InterventionsInnovationTechnology
A rendering of an LNG terminal
Fossil Energy

Swiss player getting two decades’ worth of LNG from Louisiana export terminal

U.S.-based Commonwealth LNG and Kimmeridge Texas Gas (KTG), an affiliate of the energy-focused alternative investment manager Kimmeridge, have signed a multi-year heads of terms (HoT) agreement with Swiss-headquartered Glencore for the supply of natural gas and liquefied natural gas (LNG) from an ex

about 2 years ago
Baltic jack-up rig; Source: Shelf Drilling
Fossil Energy

Quadragenarian jack-up leaves Shelf Drilling’s rig fleet to work for new owner in Malaysia

Shelf Drilling has wrapped up a divestment process for a jack-up rig which will work on a decommissioning assignment in Malaysian waters for its new owner.

about 2 years ago
Cedar LNG project (artist’s rendering); Courtesy of Cedar LNG
Fossil Energy

Canada’s $4B LNG project and Samsung Heavy Industries hit with patent infringement lawsuit

Steelhead LNG has filed a patent infringement lawsuit with the Seoul Central District Court in South Korea against the developer of the Cedar LNG project on Canada’s West Coast and Samsung Heavy Industries (SHI), which is constructing a new floating LNG (FLNG) unit for the project.

about 2 years ago
Hanwha Power Systems and GasLog shake hands on ammonia gas turbine retrofit project
Fossil Energy

Hanwha Power Systems and GasLog shake hands on ammonia gas turbine retrofit project

Energy equipment and marine solutions company Hawnha Power Systems, a part of South Korean Hanwha Group, and Greek LNG shipping services provider GasLog have agreed to work on replacing the existing fossil fuel-powered vessels with ammonia gas turbines under the new memorandum of understanding (MoU)

about 2 years ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Fossil Energy

Prysmian’s ‘first-of-its-kind’ FPSO subsea tie-back system in Brazil saves operator money and time for offshore oil project

Prysmian has provided a solution to a tie-back project in the pre-salt layer off the coast of Brazil, which it describes as a groundbreaking system envisioned to connect fields 30 kilometers (km) away to a floating production, storage, and offloading (FPSO) unit, enabling fast-tracked development of

about 2 years ago
Türkiye's new FPSO destined to work at Black Sea gas field; Source: Türkiye's Ministry of Energy and Natural Resources
Fossil Energy

300-meter-long FPSO comes to Türkiye: Twofold increase in Black Sea gas production on the horizon (Photo)

Türkiye has welcomed the arrival of its first-ever floating production, storage, and offloading (FPSO) vessel, which is the same size as three standard football fields put together and will double the gas production from the country’s giant field in the Black Sea, once the unit kicks off its 20-year

about 2 years ago
FPSO P62 on Roncador field; Source: Equinor
Fossil Energy

Fresh multimillion-dollar gigs take TechnipFMC to Petrobras’ oil fields in Brazilian waters

TechnipFMC has landed two new subsea assignments with Brazil’s state-owned energy giant Petrobras, allowing it to work on three offshore oil fields in the Brazilian pre-salt area.

about 2 years ago
Fenix platform; Source: Rosetti Marino
Fossil Energy

TotalEnergies fires up Argentinian offshore project letting Fenix fuel ‘Land of Fire’ with more gas

TotalEnergies has powered an energy project at an archipelago off the southernmost tip of the South American mainland up with new gas resources by starting production from a field in southern Argentina. This gas project is located 60 km off the coast of Tierra del Fuego, which is interpreted as ‘Lan

about 2 years ago
An offshore rig
Fossil Energy

Judicial order to halt offshore gas ops puts Colombia at risk of energy deficit in 2025, industry associations warn

The Colombian Oil and Gas Association (ACP) and the Colombian Natural Gas Association (Naturgas) have voiced their concern over the ruling, which pulled the plug on natural gas exploration activities conducted in a well offshore Colombia.

about 2 years ago
TCP Jumper; Source: Strohm
Fossil Energy

McDermott puts Strohm’s ‘ideal solution’ in place at deepwater project offshore Malaysia

Strohm has provided field service support during the subsea installation of its TCP jumpers, which the U.S.-headquartered McDermott carried out from the pallets at a deepwater Sabah project located off the coast of Malaysia.

about 2 years ago
West Capella drillship; Source: Seadrill
Fossil Energy

2008-built ultra-deepwater drillship returns to Seadrill’s fold ahead of first foray into South Korea

Seadrill has brought a sixth-generation ultra-deepwater dual-activity drillship back under its management wing before the rig embarks on its first-ever drilling assignment in an East Asian nation on the southern half of the Korean Peninsula.

about 2 years ago
Aquaterra Energy’s Recoverable Abandonment Frame technology
Fossil Energy

UK firm sets the stage for offshore CCS and hydrogen storage with new well re-entry and re-abandonment tool

UK-headquartered offshore energy engineering solutions provider Aquaterra Energy has unveiled a solution, said to cut costs and save time during legacy well abandonment activities, to lend a helping hand in enabling the era of offshore storage for hydrogen and carbon capture and storage (CCS) projec

about 2 years ago
An illustration of a vessel at dock featuring digital technology elements
Fossil Energy

Gazocean smartens up LNG tanker fleet with compatriot firm’s digital solution

Gazocean, a French firm specializing in the technical management of liquefied natural gas (LNG) carriers, has selected the Smart Shipping solution developed by Ascenz Marorka, a compatriot GTT Group company, for its six-vessel fleet.

about 2 years ago
An aerial view of a circular offshore platform surrounded by several smaller vessels
Fossil Energy

TotalEnergies to supply ‘world’s largest LNG importing country’ with natural gas until 2034

France’s energy giant TotalEnergies has landed a five-year extension of its liquefied natural gas (LNG) sales and purchase agreement (SPA) with Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC).

about 2 years ago
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