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Fossil Energy

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Browse to North-West Shelf project development concept; Source: Woodside
Fossil Energy

$30 billion offshore energy undertaking at stake of being thwarted as endangered sea snake slithers to mega gas project

Will a dusky sea snake, which has been put on the endangered list by the Australian federal government, jeopardize a project, led by Australia’s energy giant Woodside and valued at over $30 billion, to develop what is said to be the country’s largest untapped conventional gas resource?

14 minutes read
Illustration; Source: BV
Fossil Energy

Closing ‘reality gap’ between net zero ambition and energy transition action requires US and EU to pull all decarbonization levers

McKinsey & Company, a global management consulting firm, highlights the need to up the climate action ante by scaling up interrelated low-emission and green technologies.

about 2 years ago
Knutsen welcomes eighth energy-efficient LNG carrier for charter with Shell
Fossil Energy

Knutsen welcomes eighth energy-efficient LNG carrier for charter with Shell

Norwegian shipping company Knutsen Group has received new energy-efficient LNG carrier for charter with energy giant Shell from South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI). The 174,000 cubic meter LNG carrier named Nantes Knutsen was delivered to the shipowner on September 13, 202

about 2 years ago
Zama graphic; Credit: Wintershall Dea
Fossil Energy

Mexico’s top oil & gas projects under development: Coming to grips with main hydrocarbon challenges and obstacles at home and abroad

Mexico’s energy officials have offered a glimpse into the prospects for the exploration and extraction of hydrocarbons not only in the domestic playground but also the international one, under the backdrop of economic, geopolitical, and energy transition woes and opportunities.

about 2 years ago
MOL and Chevron to equip newbuild LNG carrier with wind-assisted propulsion
Fossil Energy

MOL and Chevron to equip newbuild LNG carrier with wind-assisted propulsion

Japanese shipping major Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of energy company Chevron, have signed an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system, on a newbuild LNG carrier. The vessel is said to be the world’s LNG carrier t

about 2 years ago
Rendering of Scarborough FPU; Source: Woodside
Fossil Energy

Woodside eyes FPU subsea infrastructure work next year for giant Australian gas project

Woodside has handed out an environment plan (EP) to the country’s offshore regulator for a floating production unit (FPU) work associated with subsea infrastructure activities, including the Commonwealth waters portion of an export trunkline at a natural gas project off the coast of Australia.

about 2 years ago
A view of a bridge on an offshore platform at sunset
Fossil Energy

Five years of emission cuts bring UK’s 2030 oil & gas decarbonization targets within reach, but more needed for cleaner energy

Based on the latest report on emissions in the oil and gas industry by the UK’s regulator, the North Sea Transition Authority (NSTA), progress has been made on the decarbonization journey, however, additional effort is still required to ensure the industry will meet key emissions targets and adopt l

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

Brazilian firm awaits go-ahead for first oil as recently converted FPSO gets cleared for work

Brava Energia has obtained the required approval to deploy a floating production, storage, and offloading (FPSO) vessel for operations off the coast of Brazil and is now waiting to get a green light to start production at an oil field in the Santos Basin, where this FPSO will be in operation.

about 2 years ago
US Gulf Coast LNG bunker terminal secures gas supply
Fossil Energy

US Gulf Coast LNG bunker terminal secures gas supply

The first dedicated LNG bunkering facility in the U.S. Gulf Coast, Galveston LNG Bunker Port (GLBP) – a joint venture between U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG – has formed a partnership with North American midstream company Ener

about 2 years ago
Design of BP's Kaskida FPU in Gulf of Mexico; Source: Exmar Offshore
Fossil Energy

BP enlists ABS for floating production unit destined to be deployed at its oil project in Gulf of Mexico

BP has tapped the American Bureau of Shipping (ABS) for a batch of services related to its floating production unit (FPU), which is destined to work at its sixth-operated deepwater project in a prolific high-margin basin within the U.S. Gulf of Mexico.

about 2 years ago
Structural twin for FPSO can unlock multimillion dollar savings for offshore energy production; Source: Akselos
Fossil Energy

FPSO structural twin enabling assets’ life extension and multimillion-dollar savings for oil & gas operators

Akselos has unveiled its structural performance management (SPM) software designed to enhance asset performance, ensure uninterrupted operations, and extend the asset life of floating production, storage, and offloading (FPSO) vessels.

about 2 years ago
Four persons with flashlights inspecting the interior of a metal construction
Fossil Energy

Eight new LNG carriers to feature French firm’s tanks

France’s technological containment specialist Gaztransport & Technigaz (GTT) has been hired by two Korean shipyards to design tanks for two sets of four new liquefied natural gas carriers (LNGCs) on behalf of an undisclosed shipowner.

about 2 years ago
An illustration showing two onshore plants
Fossil Energy

New offtake deal takes Texas LNG project to FID-ready stage

Texas LNG, a subsidiary of Glenfarne Energy Transition has signed another heads of agreement (HOA) for a long-term supply of liquefied natural gas (LNG) from its proposed facility in Texas’ Port of Brownsville. Thanks to the latest agreement, the developer says it has the customer offtake commitment

about 2 years ago
Crown LNG plans to utilize gravity-based structures for LNG regasification and liquefaction facilities; Source: Crown LNG
Fossil Energy

Crown on the lookout for new LNG opportunities but postpones sanctioning of FSRU project in UK

Crown LNG has bumped to next year the final investment decision (FID) for its planned and fully owned floating liquefied natural gas (FLNG) import terminal in Scotland’s Firth of Forth.

about 2 years ago
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