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Fossil Energy

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Low-Carbon TransitionSubseaSurveys & InterventionsAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentOutlook & StrategyProject & TendersRegulation & PolicyTransitionVisionOil & GasRigsExploration & ProductionFPSO & VesselsLiquefied Natural GasInfrastructureVesselsCollaborationVessels & VehiclesRules & RegulationResearch & Development
Equinor, Aker BP and Vår Energi among applicants for Norwegian CO2 storage licenses
Fossil Energy

Equinor, Aker BP and Vår Energi among applicants for Norwegian CO2 storage licenses

Eight companies have submitted their applications to the Norwegian Ministry of Energy for CO2 storage licenses for two areas on the Norwegian Continental Shelf (NCS). Aker BP, Equinor Low Carbon Solution, Lime Petroleum, Northern Lights JV, OMV (Norge), PGNiG Upstream Norway, Vår Energi and Wintersh

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

North Sea operator books Shelf Drilling rig for ops in UK waters

Shelf Drilling has won a new deal for one of its jack-up rigs for operations on the UK Continental Shelf (UKCS).

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

UK’s political and fiscal regime hampers Deltic’s ability to fund its share of appraisal costs for North Sea discovery

Deltic Energy is still on the lookout for a farm-out partner to ensure that its share of costs will be secured for the appraisal of a gas discovery in the North Sea.

about 2 years ago
Time charter signing ceremony; Source: China Association of the National Shipbuilding Industry
Fossil Energy

Chinese shipbuilder picks up two large LNG carrier orders

China’s Dalian Shipbuilding has signed a contract to build two 175,000 cubic meter large-scale LNG vessels for Ocean Jade Invested Limited.

about 2 years ago
More work for Sapura Energy with Petronas group of companies
Fossil Energy

More work for Sapura Energy with Petronas group of companies

Malaysia-based Sapura Energy has secured a contract for the delivery of underwater services for the Petronas group of companies and petroleum arrangement contractors. Sapura Energy’s wholly-owned subsidiary Sapura Subsea Services has been awarded with a contract for the provision of Pan Malaysia und

about 2 years ago
Illustration; Source: QatarEnergy
Fossil Energy

QatarEnergy doles out $6 billion for 18 huge LNG vessels on historic fleet expansion mission

QatarEnergy is bolstering its giant liquefied natural gas (LNG) fleet expansion with a $6 billion deal for 18 ultra-modern QC-Max size LNG vessels.

about 2 years ago
Two contracts with Petrobras to bring over $192 million to DOF
Fossil Energy

Two contracts with Petrobras to bring over $192 million to DOF

Norwegian vessel owner DOF Group has secured multiple contracts with Brazilian state-owned oil and gas giant Petrobras expected to generate revenue beyond $192 million. Following a competitive tender process, Petrobras awarded new long-term charter and service contracts to Norskan Offshore and DOF S

about 2 years ago
BW MaBoMo; Source: BW Energy
Fossil Energy

BW Energy pens $150 million deal for production facility working offshore Gabon

BW Energy has inked a sale and lease back agreement with Minsheng Financial Leasing Co (MSFL) for an offshore production facility.

about 2 years ago
Illustration; Source: Chevron
Fossil Energy

Chevron widens its oil & gas footprint in Namibia with operatorship of two offshore blocks

Chevron has enriched its offshore oil and gas portfolio in Africa with the entrance into a new license off the coast of Namibia.

about 2 years ago
Illustration; Source: OMV
Fossil Energy

OMV steps up its methane reduction game by joining UN program for curbing such emissions

OMV is the latest in the long line of oil and gas players that have thrown their support behind the Oil & Gas Methane Partnership (OGMP 2.0).

about 2 years ago
Abdülhamid Han drillship; Source: TPAO
Fossil Energy

Türkiye holds LNG supply talks with ExxonMobil while setting the stage to search for oil in Black Sea

Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.

about 2 years ago
FPSO One Guyana for ExxonMobil's oil project offshore Guyana; Source: SBM Offshore
Fossil Energy

ExxonMobil and Chevron feel bite of lower gas prices but multi-billion profits still in the bag

ExxonMobil and Chevron have joined their European counterparts in posting quarterly results affected by a global plunge in gas prices.

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

Equinor gets ready to spud North Sea pair in June

Equinor has secured a drilling permit from the country’s authorities for two exploration wells in the North Sea off the coast of Norway.

about 2 years ago
Source: ExxonMobil Singapore
Fossil Energy

New low-carbon lab launched in Singapore to help usher in cleaner future

A new corporate lab has been established in Singapore to create solutions leading to lower carbon emissions and a more sustainable future.

about 2 years ago
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