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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsEquipmentInfrastructureOutlook & StrategyLow-Carbon TransitionExploration & ProductionRigsHuman CapitalLiquefied Natural GasAuthorities & GovernmentRegulation & PolicyProduction & ProcessingSubseaInnovationTechnologyFPSO & VesselsDeepwater InstallationProject & TendersCollaborationIT & Software
Hanwha Ocean constructed a new platform for the Al-Shaheen oil field in Qatar, which is on schedule for the sail-away at the end of July 2024; Source: Hanwha Ocean
Fossil Energy

New platform for huge offshore oil field ready for sail-away

South Korea’s Hanwha Ocean is on track to send off a fixed platform to its final destination where it will be installed at Qatar’s largest offshore oil field.

about 2 years ago
Illustration; Source: Trillion Energy
Fossil Energy

End of perforation ops at Black Sea field spurs hopes for higher gas output post-tubing installation

Following perforation ops, Trillion Energy is anticipating a ramp-up in gas production once it wraps up the installation of velocity strings.

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

Brazilian duo formally becomes one oil & gas player

Brazilian oil and gas firms Enauta and 3R Petroleum have disclosed the completion of their merger, which was set in motion in early April.

about 2 years ago
Clipper platform in the North Sea; Source: Viaro Energy
Fossil Energy

Shell and ExxonMobil downsize North Sea portfolio enabling British firm to snap up giant gas-producing assets in UK

Viaro Energy is expanding its gas footprint by taking over a 100% working interest in the UK Southern North Sea assets from Shell and ExxonMobil.

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

Shelf Drilling saying goodbye to 1983-built rig, reveals name of new CFO

Dubai-headquartered offshore drilling contractor Shelf Drilling has decided to sell one of its jack-up rigs for $60 million to an undisclosed buyer.

about 2 years ago
Rendering of BP's Kaskida offshore platform in the Gulf of Mexico; Source: Exmar Offshore/BP
Fossil Energy

BP’s sixth US Gulf of Mexico deepwater oil hub development is a go

BP has taken a final investment decision (FID) to develop its sixth-operated project in a prolific high-margin basin within the U.S. Gulf of Mexico, unlocking the potential to bring online 10 billion barrels of discovered resources in place.

about 2 years ago
FSRU Prometheus; Source: COSCO Shipping
Fossil Energy

Potential procurement violations prompt probe into Cyprus’ LNG terminal

The European Public Prosecutor’s Office (EPPO) in Nicosia, Cyprus has launched an investigation into the country’s liquefied natural gas (LNG) import terminal project due to suspected procurement fraud, misappropriation of European Union (EU) funds, and corruption.

about 2 years ago
Illustration; Source: Saipem
Fossil Energy

Saipem and Curtiss-Wright enrich subsea playbook with new all-electric tool to prolong oil & gas assets’ life

Saipem has pooled resources with Curtiss-Wright to bring into play an all-electric seabed barrier fluid-less pump, marking a new milestone for the subsea applications toolbox.

about 2 years ago
Illustration; Source: Trinity Exploration and Production
Fossil Energy

Upheaval shakes up Touchstone’s merger plan as third player makes offer for UK-based oil & gas firm

Touchstone’s acquisition of Trinity has hit a snag as a third company, Lease Operators, has made a cash offer for the latter.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Shell spins the drill bit in North Sea with Valaris rig

Shell has embarked on drilling operations at a high-impact gas prospect in the UK sector of the North Sea with a jack-up rig, owned by Valaris.

about 2 years ago
FPSO Marlin Natuna; Source: PaxOcean
Fossil Energy

Pioneer tanker-to-FPSO conversion at Indonesian shipyard enters commissioning phase

PaxOcean has confirmed the inroads made in repurposing a tanker into an FPSO, which will lend a helping hand in ramping up oil and gas production off the coast of Indonesia.

about 2 years ago
ETAP facility in the North Sea; Source: BP
Fossil Energy

BP gives multimillion-dollar job on North Sea oil & gas project to Subsea7 and OneSubsea

Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7, will handle work at BP’s subsea tie-back in the North Sea.

about 2 years ago
Illustration; Source: Halliburton
Fossil Energy

Halliburton and Armada exploring edge computing’s potential in oil & gas arena

Halliburton has signed an agreement with compatriot edge computing platform Armada aiming to help the former maximize its features.

about 2 years ago
Karratha gas plant; Courtesy of Woodside
Fossil Energy

Woodside picks Australian engineering firm to prepare Pluto LNG for gas from $12.5 billion project

Woodside has handed out a construction contract for its Pluto LNG Train 1 facility revamp to Monadelphous Group.

about 2 years ago
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