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Fossil Energy

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Oil & GasPipesSubseaBusiness & FinanceBusiness Developments & ProjectsInfrastructureOperations & MaintenanceOutlook & StrategyProject & TendersFPSO & VesselsLow-Carbon TransitionAuthorities & GovernmentCertification & ClassificationEnvironmentRegulation & PolicyTransitionLiquefied Natural GasExploration & ProductionCarbon Capture Usage & StorageMarket OutlooksRigsDecommissioning
Saipem to supervise natural gas pipeline between Libya and Italy
Fossil Energy

Saipem to supervise gas pipeline it laid between Libya and Italy in early 2000s

Italy’s Saipem has been appointed to supervise and provide subsea intervention services for the offshore and onshore sections of a natural gas pipeline connecting Libya and Italy through the Mediterranean Sea. Under the contract secured with GreenStream BV, a midstream player in the Mediterranean Se

about 2 years ago
FPSO Bacalhau; Source: Equinor
Fossil Energy

MODEC’s Brazil-bound FPSO sets the bar on sustainability for newbuild units of this type

MODEC has celebrated the approval in principle (AiP) bestowed upon its FPSO vessel for Abate Notation from the classification society DNV.

about 2 years ago
Illustration; Source: Enauta
Fossil Energy

Brazilian players eye merger closing date in two weeks

Brazil’s Enauta and 3R Petroleum Óleo e Gás have shared the indicative timeframe for making their proposed merger official.

about 2 years ago
Nigeria LNG
Fossil Energy

With Shell shedding Nigerian onshore business, TotalEnergies follows suit to pursue LNG and offshore oil & gas opportunities

TotalEnergies has made its move to divest interests in the SPDC joint venture (JV) seven months after Shell did the same. However, the French player will retain its stake in gas supply to Nigeria LNG (NLNG), as liquefied natural gas (LNG), alongside offshore oil and gas assets, are part of the firm’

about 2 years ago
Illustration; Source: LLOG
Fossil Energy

US oil & gas player bags 41 new Gulf of Mexico blocks close to existing deepwater discoveries as it gears up for appraisal ops

LLOG Exploration has added 41 deepwater blocks to its list of assets in the Gulf of Mexico, where it plans to spud an appraisal well this quarter.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago
Cheniere's 1000th cargo on the vessel Hoegh Galleon; Source: Business Wire
Fossil Energy

Cheniere’s Texas LNG pipeline goes into operation

A pipeline for transporting LNG in Texas, co-owned by U.S. LNG export project developer Cheniere Energy, has entered commercial service.

about 2 years ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Fossil Energy

US LNG project coming back online following hurricane-induced damage and outage

With the initial repairs nearing the end, an LNG export project in Texas is anticipated to return to partial production during the week.

about 2 years ago
FSRU Exquisite (for illustration purposes only); Source: Excelerate Energy
Fossil Energy

Rising LNG demand and energy security concerns pushing global FSRU market to grow by $891 million up to 2028

The global FSRU market size is forecast to increase in the 2024–2028 period, based on a report by U.S.-based market research firm Technavio.

about 2 years ago
Ocean BlackRhino drillship; Source: Diamond Offshore
Fossil Energy

Diamond Offshore drillship fleet to sport managed pressure drilling systems by year-end

Diamond Offshore is working on bolstering the capabilities of its drillships by equipping them with a managed pressure drilling (MPD) system.

about 2 years ago
Miami LNG; Source: New Fortress Energy
Fossil Energy

Texas-based firm to become new owner of LNG export facility in Florida

Pennybacker has been revealed as the firm that made arrangements to acquire a liquefaction and storage facility in Miami from New Fortress Energy (NFE).

about 2 years ago
Akçakoca platform; Source: Trillion Energy
Fossil Energy

Ongoing perforation ops at Black Sea field fuel hopes of higher gas flow rates offshore Türkiye

Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.

about 2 years ago
FPSO Liza Destiny; Credit: SBM Offshore
Fossil Energy

Guyana seeks intel on environmental impacts of ExxonMobil’s seventh oil project

Guyana’s Environmental Protection Agency needs further insights into the potential environmental impacts of ExxonMobil’s seventh oil project.

about 2 years ago
Solan platform (for illustration purposes only); Source: Harbour Energy
Fossil Energy

With UK’s oil & gas decom costs on the rise, operators urged to get the job done by securing supply chain resources ‘now’ to avoid bottlenecks

The NSTA has warned North Sea operators to pick up the pace of their well decommissioning operations to prevent further price hikes.

about 2 years ago
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