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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersFPSO & VesselsRigsExploration & ProductionLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentEnvironmentRegulation & PolicyTransitionMarket OutlooksOutlook & StrategySubseaSurveys & InterventionsCarbon Capture Usage & StorageRules & RegulationVisionDredgingVessels & VehiclesInnovationDecommissioning
Leviathan field; Source: New Med Energy
Fossil Energy

More gas sold from Chevron’s Mediterranean Sea field under $650 million deal

Chevron has signed a contract with Israel’s Eshkol Power Energies to supply natural gas for the production units at Eshkol power station.

about 2 years ago
Keel laying for the construction of the FPSO Errea Wittu hull; Source: MODEC
Fossil Energy

MODEC: Keel laying for Guyana-bound FPSO hull done weeks ahead of schedule

MODEC has achieved a new milestone by completing the keel laying for the construction of an FPSO hull, which is destined for Guyana.

about 2 years ago
Borr Drilling
Fossil Energy

Borr Drilling rigs find new jobs in Europe, Southeast Asia, Middle East, and Africa

Borr Drilling has secured a batch of new contracts, extensions, and potential assignments, for several premium jack-up rigs in its fleet.

about 2 years ago
Norve jack-up rig; Source: Borr Drilling
Fossil Energy

UK oil & gas firm’s drilling plans run into setback due to Borr rig’s holdup on current assignment

Tower Resources is working on ironing out a new drilling date for an asset offshore Cameroon, with Borr Drilling.

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

Seplat Energy prolongs buyout date for ExxonMobil’s Nigerian business

Nigeria’s Seplat Energy has extended the share sale and purchase agreement to buy Mobil Producing Nigeria Unlimited’s shallow water assets.

about 2 years ago
Illustration; Source: CNOOC
Fossil Energy

Chinese oil & gas giant enlarges its portfolio with five offshore blocks in Mozambique

CNOOC Limited has expanded its oil and gas footprint with five new blocks located off the coast of Mozambique.

about 2 years ago
Illustration; Source: ExxonMobil
Fossil Energy

ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

ExxonMobil has received a green light from a federal judge to proceed with legal action against Arjuna Capital.

about 2 years ago
Illustration; Source: Deutsche Energy Terminal (DET)
Fossil Energy

Vigilance advised but mild winter serves to lessen concerns over gas supply in Germany

FNB Gas has confirmed the easing of gas supply woes in the winter of 2023/2024 due to mild temperatures and diversification of import routes.

about 2 years ago
NSTA plans to introduce 'user pays' carbon storage levy once market is self-sustainable
Fossil Energy

‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future, once the carbon capture and storage (CCS) industry begins operating on a more self-sustaining basis. The NSTA ran a call for evidence between December 4, 2023, and

about 2 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Fossil Energy

Equinor strikes oil in North Sea

Equinor has made a small oil discovery in the North Sea off the coast of Norway, using one of Odfjell Drilling’s semi-submersible rigs.

about 2 years ago
DeepOcean performs first-ever subsea dredging operations remotely from shore
Fossil Energy

DeepOcean performs first-ever subsea dredging operations remotely from shore

Norway-based ocean services provider DeepOcean has completed subsea dredging operations remotely from shore for the first time ever. This milestone activity was carried out for Norwegian oil and gas player Aker BP. DeepOcean’s remotely operated vehicles (ROVs) onboard the Edda Fauna were utilized fo

about 2 years ago
Illustration; Source: API
Fossil Energy

Biden administration hit with one more lawsuit over LNG permitting freeze

A new lawsuit has been filed to challenge the LNG permitting ban to non-FTA countries in the United States.

about 2 years ago
Illustration; Source: Bureau of Safety and Environmental Enforcement (BSEE)
Fossil Energy

UK firm picks up nine-well decom gig in Gulf of Mexico

Elemental Energies has won a master services agreement with Promethean for the decommissioning of orphaned wells in the U.S. Gulf of Mexico.

about 2 years ago
FSO Palanca; Source Stapem Offshore
Fossil Energy

UK oil & gas player boosts its stakes in two blocks offshore Angola

Afentra has wrapped up the acquisition of additional interests from Azule Energy in two blocks off the coast of Angola.

about 2 years ago
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