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Fossil Energy

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Gulfstream LNG
Fossil Energy

Green light for LNG project on US Gulf Coast to embark on pre-filing process

The U.S. Federal Energy Regulatory Commission (FERC) has given its blessing to Gulfstream LNG Development (Gulfstream LNG).

about 2 years ago
Illustration; Source: ExxonMobil
Fossil Energy

Multifaceted energy transition cards carving ExxonMobil’s spot in low-emission future

ExxonMobil is making strides in pursuing a versatile emission reduction approach to leave its mark on the global decarbonization scoreboard.

about 2 years ago
LNG carrier Kool Kelvin (for illustration purposes); Source: CoolCo
Fossil Energy

14-year LNG carrier deal lifts CoolCo’s total revenue backlog to nearly $1.9 billion

Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) has signed a multi-year TCP agreement with India’s GAIL (India).

about 2 years ago
Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy
Fossil Energy

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago
MOL
Fossil Energy

MOL: CCS Baltic Consortium’s CO2 value chain project granted EU PCI status

The European Commission has granted the status of Project of Common Interest (PCI) to the carbon dioxide (CO2) capture and transportation project in Lithuania and Latvia developed by CCS Baltic Consortium.

about 2 years ago
Lv Neng Ying LNG carrier; Source: China Shipbuilding Industry Association
Fossil Energy

‘World’s first’ fifth-generation LNG carrier put to sea months earlier than planned

A new LNG carrier, built by Hudong-Zhonghua Shipbuilding, has been launched five months ahead of its contract period.

about 2 years ago
JERA
Fossil Energy

JERA to invest $32 billion in LNG, renewables, hydrogen and ammonia by 2035

JERA has unveiled plans to invest around $32 billion in LNG, renewables, and hydrogen and ammonia by 2035.

about 2 years ago
Saipem wins $850 million contract with BP-Eni joint venture
Fossil Energy

Saipem wins $850 million contract with BP-Eni joint venture

Italian oilfield services provider Saipem has secured a contract worth approximately $850 million to deliver subsea equipment for a field located offshore Angola. Saipem will perform the engineering, fabrication, transportation and installation of subsea facilities and approximately 60 kilometers of

about 2 years ago
Xin Guang Hua vessel transporting FPSO destined to work at Liuhua oilfield; Source: COSCO SHIPPING Heavy Transport
Fossil Energy

Asia’s first cylindrical FPSO coming to work on Chinese oilfield

The loading operation of an FPSO, which is said to be Asia’s first cylindrical FPSO, has been wrapped up by a semi-submersible heavy lift vessel.

about 2 years ago
COSL Promoter; Source: COSL Drilling Europe
Fossil Energy

COSL Drilling hands out multi-million assignment to Odfjell Technology

The UK’s Odfjell Technology has inked a long-term deal for the provision of tubular running services with COSL Drilling Europe.

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Fossil Energy

Yinson Production’s Brazil-bound FPSO reaches its destination

An FPSO has come to Brazil, where anchoring operations are in progress to enable the unit to work at an oil field in the Santos Basin.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Fossil Energy

Seadrill parting with three jack-up rigs for $338 million

Seadrill is in the process of disbanding Gulfdrill LLC, thanks to a deal to sell three jack-up rigs, which are working in Qatar, to its joint venture partner.

about 2 years ago
Norway and Switzerland strengthen CCS, CDR ties
Fossil Energy

Norway and Switzerland strengthen CCS, CDR ties

Norway and Switzerland have signed a declaration of intent to strengthen cooperation on carbon capture and storage (CCS) and carbon dioxide removals (CDR) between the two countries.

about 2 years ago
Cormorant Alpha topsides; Source: TAQA
Fossil Energy

AquaTerra rakes in seven-figure sum thanks to four decom gigs

The UK’s AquaTerra Group has won four deals for decommissioning projects, said to be valued in the million-dollar price range.

about 2 years ago
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