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Fossil Energy

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Low-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionMarket OutlooksOutlook & StrategyTransitionCollaborationSubseaSurveys & InterventionsAuthorities & GovernmentCarbon Capture Usage & StorageProject & TendersRegulation & PolicyStorageVisionLiquefied Natural GasRules & RegulationFPSO & VesselsOperations & MaintenancePorts & Logistics
Hywind Tampen floating wind farm and Snorre platform; Source: Equinor
Fossil Energy

Energy transition needs to pick up the pace to counter uncertainty over net zero targets

Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.

about 2 years ago
MoU signing ceremony; Source: Petronas
Fossil Energy

Petronas and Sinopec combine strengths to amplify energy sector’s growth and innovation

Petronas has inked an MoU with Sinopec to look into options for fostering security of supply while accelerating the low-carbon shift.

about 2 years ago
Norway's Energy Ministry launches seventh call for CO2 storage licenses
Fossil Energy

Norway’s Energy Ministry launches seventh call for CO2 storage licenses

Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl

about 2 years ago
Illustration; Source: CNOOC
Fossil Energy

‘Major’ ultra-deepwater discovery enables CNOOC to bolster gas arsenal

CNOOC has tucked a new hydrocarbon discovery under its belt in ultra-shallow gas play located in the South China Sea.

about 2 years ago
Malampaya deepwater gas-to-power project; Source: Shell
Fossil Energy

Philippine gas field braves typhoon with no disruption in supply

A deepwater gas field offshore the Philippines has continued to supply natural gas to gas-fired power plants as a typhoon reached the country.

about 2 years ago
MoU signing ceremony; Source: Energy Market Authority (EMA)
Fossil Energy

Asian duo sets its cap on enhancing LNG collaboration

Singapore’s Energy Market Authority (EMA) and Korea Gas Corporation (KOGAS) have inked an MoU to boost cooperation in LNG-related matters.

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

As UK’s general elections draw near, candidates urged to throw support behind ‘homegrown’ energy transition

Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.

about 2 years ago
FPSO PSVM; Source: MODEC
Fossil Energy

BP and Eni’s Angolan JV turns to Aker Solutions for work on two FPSOs

Aker Solutions has been hired on a multi-year assignment by Azule Energy to provide brownfield maintenance and modifications for two FPSOs in Angola.

about 2 years ago
Fast4Ward design; Source: SBM Offshore
Fossil Energy

SBM Offshore tasked with providing FPSO hull for TotalEnergies’ giant oil project offshore Suriname

TotalEnergies has made a hull reservation with SBM Offshore for an FPSO, which will work at its oil project in Block 58 offshore Suriname.

about 2 years ago
North Field East (NFE) LNG expansion project will raise Qatar’s LNG export capacity from the current 77 mtpa to 110 mtpa; Source: QatarEnergy
Fossil Energy

New partner comes aboard $28.75 billion first expansion phase of world’s biggest single non-associated gas field

While sealing a multi-year LNG supply deal, QatarEnergy has welcomed a new partner at its giant North Field East (NFE) project, which represents Phase 1 of the larger North Field expansion project.

about 2 years ago
FPSO Western Isles; Source: Jersey Oil & Gas
Fossil Energy

First oil from North Sea project gets bumped to late 2027 with hopes placed on UK elections to bring fiscal clarity

Jersey Oil & Gas has disclosed the change in the timeline for the first oil from the HitecVision-backed NEO Energy’s redevelopment project.

about 2 years ago
Illustration; Source: Alaska Gasline Development Corporation (AGDC)
Fossil Energy

‘Win-win’ gas supply deal paving the way for first phase of Alaska’s LNG project

Pantheon Resources has inked a deal with Alaska Gasline Development Corporation (AGDC), the developer of an LNG project in Alaska.

about 2 years ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Fossil Energy

Italy’s FSRU embarks on final stage of maintenance works in Marseille

OLT Offshore LNG Toscana has confirmed the start of the second and final phase of maintenance activities for its FSRU.

about 2 years ago
Illustration; Source: Eco Atlantic
Fossil Energy

Oil & gas firm picks up block in ‘prolific’ Orange Basin and drops another one in South Africa

Eco (Atlantic) has set the wheels into motion to take over a majority stake and operator role at an offshore block in the Orange Basin, which is said to be on trend with recent giant oil discoveries offshore Namibia.

about 2 years ago
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