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Fossil Energy

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Oil & GasRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentEnvironmentRegulation & PolicyRules & RegulationTransitionProject & TendersOperations & MaintenanceVesselsCollaborationHuman CapitalSafety
Valaris DPS-5 rig. Source: Lukoil
Fossil Energy

Fresh oil & gas discovery in Latin America puts hub development on the table

Eni has made a new oil and gas discovery in an exploration well located in Block 9 in the Sureste Basin offshore Mexico, using a Valaris-owned semi-submersible rig.

about 2 years ago
Calcasieu Pass project (for illustration purposes); Source: Venture Global LNG
Fossil Energy

LNG permitting freeze in court-imposed meltdown mode: Game over for ‘epiphany of ideocracy’ or more fierce US energy battles?

A preliminary injunction from a court in Louisiana has broken a temporary lull in approvals of U.S. liquefied natural gas (LNG) exports to non-free trade agreement (FTA) countries, widening the gap between Big Oil supporters and fossil fuel fighters while the case plays out.

34 minutes read
Showing the Sea Lion FPSO and the Phase 1 & 2 development field layout; Source: Navitas
Fossil Energy

Sea Lion ready to roar as ‘next big thing’ once Falkland Islands gives the all-clear

Navitas has confirmed that its giant Sea Lion oil project is ready for a final investment decision (FID), which is still anticipated during 2024 for Phase 1.

about 2 years ago
Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Deltic Energy
Fossil Energy

UK firm boosts portfolio with new license close to North Sea gas field

Deltic Energy has accepted one of the two licenses provisionally awarded under the UK’s 33rd offshore licensing round by the NSTA.

about 2 years ago
Kristin platform; Credit: Marit Hommedal/Equinor
Fossil Energy

Equinor brings online first of five oil & gas tie-backs to existing platform offshore Norway

Equinor has started production from the first well in its planned five-well project on the Norwegian Continental Shelf (NCS), being developed as a tie-back to an existing offshore platform in the Norwegian Sea.

about 2 years ago
GSP Uranus rig and Antares vessel; Source: Trillion Energy
Fossil Energy

Stage set for next phase of multi-well drilling program offshore Türkiye

Trillion Energy has provided an update on activities relating to the operations it plans to perform at a natural gas field offshore Türkiye.

about 2 years ago
Tyra II; Source: TotalEnergies
Fossil Energy

TotalEnergies targets partial gas production restart from Tyra II this summer

TotalEnergies is now anticipating that gas production from its giant redevelopment project in the North Sea will partially resume during the summer.

about 2 years ago
Safe Caledonia flotel; Source: Prosafe
Fossil Energy

Prosafe flotel finds new job with North Sea oil & gas operator

Prosafe has secured a letter of award (LoI) with Ithaca Energy for work one of its flotels will undertake in the UK sector of the North Sea.

about 2 years ago
FLNG Hilli Episeyo; Source: Golar LNG
Fossil Energy

20-year FLNG gig in South America opening doors to LNG exporters’ club for Argentina

Golar LNG has sealed a deal with Pan American Energy for a multi-year use of an FLNG, which will leverage Argentina’s prolific natural gas resources, positioning the South American country for further LNG expansion.

about 2 years ago
Illustration; Source: Ocean Yield
Fossil Energy

Ocean Yield’s foray into LNG to add $840 million to its backlog

Ocean Yield has revealed its intention to buy an interest in France’s Geogas LNG from infrastructure fund CVC DIF, which marks its first acquisition in the liquefied natural gas (LNG) segment.

about 2 years ago
Illustration; Source: Tilbury Pacific
Fossil Energy

LNG project forging ahead as Canada gives its blessing

Canada has greenlighted a project aiming to build a dock to supply trans-oceanic vessels with LNG at the Port of Vancouver.

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

TotalEnergies books Shelf Drilling rig for work up to August 2026

TotalEnergies, has handed out a long-term deal to a jack-up rig owned by Shelf Drilling, an offshore drilling contractor.

about 2 years ago
Illustration; Source: Sinopec
Fossil Energy

South China Sea oil & gas discovery results confirm rich hydrocarbon promise

Sinopec’s subsidiary has evaluated its discovery offshore China, resulting in what it says is the highest daily oil & gas output in that area.

about 2 years ago
Argos semi-submersible offshore platform at the Mad Dog field in the U.S. Gulf of Mexico; Source: BP
Fossil Energy

Keeping an eye on Hurricane Beryl: Shell, BP, and Chevron take steps to protect Gulf of Mexico staff and assets

Shell, BP, and Chevron, have taken certain precautionary measures to ensure the safety of their offshore personnel in the Gulf of Mexico.

about 2 years ago
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