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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsCollaborationOutlook & StrategyProject & TendersLiquefied Natural GasLow-Carbon TransitionExploration & ProductionSubseaSurveys & InterventionsCarbon Capture Usage & StorageInfrastructureRegulation & PolicyTransitionVisionFPSO & VesselsSeismicInnovationAuthorities & GovernmentEnvironmentRigsMarket OutlooksVessels
Emden terminal; Source: Gassco
Fossil Energy

Two German terminals to receive Norwegian gas for 12 more years

Vår Energi has secured a multi-year contract extension for the supply of natural gas to Germany’s VNG Handel & Vertrieb.

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

US player days away from first LNG at its FLNG offshore Mexico

New Fortress Energy (NFE) is looking forward to achieving the first LNG from its floating LNG (FLNG) facility off the coast of Altamira, Mexico.

about 2 years ago
Illustration; Source: ABL Group
Fossil Energy

With takeover of compatriot energy firm out of the way, Norwegian firm’s headcount tops 500

Norway’s AGR, a subsidiary of ABL Group, has acquired Ross Offshore, enabling it to expand its team with more than 220 additional employees.

about 2 years ago
Norway's Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure
Fossil Energy

Norway’s Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure

Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project

about 2 years ago
Calcasieu Pass facility; Source: Venture Global LNG
Fossil Energy

Fresh LNG deal enables US to give European and Ukrainian energy security a leg up

Venture Global has secured a new LNG agreement with D.Trading, which will enable it to bolster energy security in Ukraine and Eastern Europe.

about 2 years ago
FPSO Kaombo Norte Source TotalEnergies
Fossil Energy

Oil & gas firm expands its offshore portfolio in Angola

Etu Energias has expanded its list of assets off the coast of Angola by finalizing its deal with Galp for stakes in three offshore blocks.

about 2 years ago
90-year-old French firm rebrands for strategic growth
Fossil Energy

90-year-old French firm rebrands for strategic growth

With the wish to accelerate growth as an advanced technology company, France-based geophysical services company CGG has rebranded following 90+ years of history. With the launch of the new brand, CGG, created in 1931 and now known as Viridien, said it marks the next stage in its strategic growth as

about 2 years ago
Illustration; Source: DNV
Fossil Energy

DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations

A new survey from DNV pinpoints the cost of the energy transition as the biggest barrier to meeting the net zero targets.

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

TotalEnergies spuds North Sea well with Shelf Drilling rig

TotalEnergies has embarked on drilling operations at a well in the Danish sector of the North Sea. If more gas is found it will be exported through the Tyra facilities.

about 2 years ago
Illustration; Source: AG&P LNG
Fossil Energy

Global LNG markets facing oversupply while key importing regions work on curbing demand

The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

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

Support for US LNG terminals deemed as ‘backdoor’ for more gas drilling

The support for LNG projects skyrocketed to stave off a gas crunch. Which insurance players are enabling the operation of LNG terminals in the U.S.?

about 2 years ago
Darwin LNG in Australia; Source: Australian Energy Producers (former APPEA)
Fossil Energy

Twofold jump in LNG demand places Australian gas at the heart of Asia’s energy security and emissions cuts

Australian Energy Producers is convinced that Australian gas has the opportunity to be a major piece of the Asia-Pacific’s emissions reductions and energy security puzzles.

about 2 years ago
Sattelite photo showing the 2021 oil spill off the coast of Baniyas, Syria; Credit: Planet Labs
Fossil Energy

More than 750 oil slicks spotlight pollution risks in Mediterranean Sea

757 oil slicks, covering 1.9 million hectares in the Mediterranean Sea, have been identified between July 2020 – January 2024.

about 2 years ago
MLJ3 platform; Source: TotalEnergies
Fossil Energy

Malaysian oil & gas firm swoops up TotalEnergies’ Brunei business for $259 million

TotalEnergies has set the wheels in motion to divest its affiliate in Brunei to Hibiscus Petroleum, enabling the latter to take over an offshore asset.

about 2 years ago
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