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Fossil Energy

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Noble Deliverer semi-sub rig; Source: Noble
Fossil Energy

Transocean, Valaris, Noble, Seadrill, and Diamond Offshore rigs’ drilling game lifts total backlog to $21.8 billion

Five rig-owning titans – Transocean, Valaris, Noble, Seadrill, and Diamond Offshore -which are seen as the crème de la crème of the offshore drilling contractors, have managed to increase their combined total backlog to a whopping $21.8 billion.

17 minutes read
James Carnegie (Viper Innovations), Phil Reid (J+S Subsea) and Richard Knox (Verlume).
Fossil Energy

UK-made subsea battery systems hit the water offshore Canada

Three UK companies have deployed three subsea battery-powered control systems offshore Canada that are said to maintain the integrity of the subsea electrical infrastructure when topside electrical power is unavailable.

about 2 years ago
LNG plant by the seaside at sunset
Fossil Energy

More Indonesian gas booked: Pertamina to supply compatriot player with LNG for five more years

Pertamina’s subsidiary PGN has penned two documents related to the sale of LNG with Indonesian firm Donggi-Senoro LNG (DS LNG).

about 2 years ago
Woodfibre LNG
Fossil Energy

Canada’s $5.1 billion gas project embarks on blasting ops to make room for world’s first net zero LNG export terminal

An LNG project has kicked off blasting activities to lay the groundwork for the future installation of the planned export terminal in Canada.

about 2 years ago
Several vessels and rigs located next to a shipyard in a sea strait
Fossil Energy

WATCH: One bridge section for Aker BP’s North Sea platform done, four more left

Nymo has completed the first of five bridge sections it is building for a North Sea project being developed by Aker BP.

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Fossil Energy

New milestone for offshore gas project as LNG carrier departs with first cargo load (Video)

New Fortress Energy (NFE) has completed the first cargo load and sail operation at its floating liquefied natural gas (FLNG) unit off the coast of Altamira, Mexico.

about 2 years ago
Anchor FPU; Source: Chevron
Fossil Energy

WATCH: All-electric FPU drops Anchor in Gulf of Mexico as ‘industry’s first’ deepwater 20K tech enables oil & gas flows from game-changing project

Chevron and TotalEnergies have used 20,000 psi (20K) technology to bring oil and natural gas from one of the industry’s first ultra-high pressure projects to the market and paving the way for the development of future ultra-high pressure, high-temperature discoveries around the world.

about 2 years ago
Vessel anchored at a port next to an industrial complex onshore
Fossil Energy

100th LNG cargo comes at one German terminal as dredging work kicks off at another

Germany’s state-owned operator Deutsche Energy Terminal (DET) has received its 100th liquefied natural gas (LNG) shipment at one of the four LNG terminals it operates in the country. Additionally, it started dredging activities in preparation for the commissioning stage of a floating storage regasif

about 2 years ago
Shell's Gulf of Mexico platform; Source: Shell
Fossil Energy

Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

22 minutes read
Illustration; Source: McDermott
Fossil Energy

McDermott calling the shots at Shell’s mega gas project offshore Trinidad and Tobago

McDermott is in charge of work at Shell’s undeveloped natural gas project off the coast of Trinidad and Tobago.

about 2 years ago
Offshore gas installation surrounded by water
Fossil Energy

African country hit with $1.2 billion claim as Orca Energy embarks on legal fight over breach of gas contracts

Orca Energy intends, through its subsidiaries, to kick off arbitration proceedings against the country’s government and a state-owned company for alleged violations of several agreements related to a gas field in Tanzanian waters, if no agreement is reached within the timelines the firm has set to t

about 2 years ago
Bruce field - Serica Energy
Fossil Energy

UK oil & gas operator eyeing SeaTwirl floating wind tech to decarbonise offshore production

Swedish floating wind turbine developer SeaTwirl has signed a memorandum of understanding (MoU) with UK-based oil and gas operator Serica Energy, under which the two companies will explore decarbonizing Serica Energy’s offshore assets. With the MoU, the two companies plan to work together on identif

about 2 years ago
Australian player looking to launch fully operational CCS project by early 2030s
Fossil Energy

Australian player looking to launch fully operational CCS project by early 2030s

Perth-headquartered InCapture has secured a permit for a carbon capture and storage (CCS) assessment project on the North West Shelf in Australia, aiming to launch a fully operational CCS project by the early 2030s. The greenhouse gas assessment (GHG) permit G-15-AP spans an area of over 6,500 km2 a

about 2 years ago
PEL 94 offshore Namibia; Source: Global Petroleum
Fossil Energy

Talks underway with potential partner to sign up for exploitation of oil prospect offshore Namibia

Global Petroleum has engaged in discussions to secure a farm-in agreement with an undisclosed potential operating partner for PEL 94 offshore Namibia.

about 2 years ago
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