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Fossil Energy

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Liquefied Natural GasOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersVesselsExploration & ProductionLow-Carbon TransitionCarbon Capture Usage & StorageMarket OutlooksOutlook & StrategyTransitionFPSO & VesselsInnovationResearch & DevelopmentTechnologyAuthorities & GovernmentRegulation & PolicyCollaborationRigsRules & RegulationClean FuelFunding & RegulationHydrogenProduction & ProcessingSubseaEquipment
Illustration; Source: MOL
Fossil Energy

MOL and JERA shake hands on seventh charter deal for newbuilding LNG vessel

Mitsui O.S.K. Lines (MOL) has penned a seventh long-term charter contract for a newbuilding LNG carrier with JERA.

about 2 years ago
Bintulu LNG Complex in Sarawak; Source: Petronas
Fossil Energy

With power loss incident sorted out, giant Asian LNG project back in operation

Following a power loss incident, Petronas has brought back online its flagship LNG complex at Bintulu, East Malaysia.

about 2 years ago
Illustration; Courtesy of Shell
Fossil Energy

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

about 2 years ago
MiFU onsite; Source: Adaptive Process Solutions (APS)
Fossil Energy

UK firm’s new technology pans out in trials on North Sea FPSO

UK-based APS has conducted a field trial of its microbubble infusion unit (MiFU) technology, resulting in lower oil in water (OiW) levels.

about 2 years ago
Golden Pass LNG (GPX) export terminal; Source: Golden Pass LNG
Fossil Energy

‘Lead contractor’ files for bankruptcy protection to tackle financial woes arising from $10 billion US LNG project

Zachry Holdings (ZHI) has initiated Chapter 11 process to address the financial challenges stemming from the Golden Pass LNG project.

about 2 years ago
HoT signing event; Source: Rosetta Energy
Fossil Energy

Egyptian player rolls up its sleeves to assist in developing first LNG project in Tanzania

Rosetta Energy Solutions has signed an HoT agreement with Tanzania’s TPDC and Africa50 to develop Tanzania’s first small-scale LNG project.

about 2 years ago
Coral-Sul FLNG; Source: Eni
Fossil Energy

ADNOC widens its global LNG arsenal by joining Eni’s Coral Sul FLNG project

ADNOC is burning the midnight oil to enlarge its liquefied natural gas (LNG) portfolio, as illustrated by its deal with Galp.

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

Odfjell Drilling rig staying in Norway until Q3 2026 with eight new wells added to backlog

Equinor has prolonged the assignment of an Odfjell Drilling-owned semi-submersible rig by adding more wells to the rig’s backlog.

about 2 years ago
Nuada jack-up rig; Source: Dixstone
Fossil Energy

Perenco: First offshore oil discovery in three decades springs up in Congo

Perenco has made an oil discovery during its drilling campaign off the coast of the Democratic Republic of Congo (DRC).

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Fossil Energy

Rig termination rigmarole: Dolphin Drilling seeks to discharge interim injunction in Nigeria and oppose court proceedings

Dolphin Drilling is preparing to set the wheels in motion to get rid of an interim injunction, which GHL secured for the firm’s semi-submersible rig.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Fossil Energy

Rig staying in Nigeria as court upholds interim order until arbitrator decides otherwise

A court hearing ended up keeping the previous interim injunction order in place, effectively stopping a rig from leaving Nigeria.

about 2 years ago
Safe Concordia; Source: Prosafe
Fossil Energy

Prosafe’s fleet utilization rate rebounds from last year’s drop in activity

Norway’s Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during 1Q 2024.

about 2 years ago
European Council authorizes gas and hydrogen market package
Fossil Energy

European Council authorizes gas and hydrogen market package

The European Council has adopted a regulation and a directive establishing common internal market rules for renewable and natural gases and hydrogen.

about 2 years ago
two men in suits standing in front of two men in work overalls
Fossil Energy

Expro achieves milestone on five-well subsea project offshore Australia

Energy services provider Expro has completed a five-well subsea batch campaign in Australia, marking the company’s 100th job using the SeaCure cementing technology.

about 2 years ago
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