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Fossil Energy

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FPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionLow-Carbon TransitionHuman CapitalMarket OutlooksProject & TendersTransitionRigsAuthorities & GovernmentClean FuelLiquefied Natural GasCollaborationOutlook & StrategyProduction & ProcessingSubseaOperations & MaintenanceVisionDeepwater InstallationPipesSurveys & InterventionsTechnologyEquipmentInnovationRules & RegulationEnvironmentRegulation & Policy
FPSO Okha; Source: Woodside
Fossil Energy

Jadestone ups its stake in Woodside’s oil-producing fields off Australia

Jadestone Energy has wrapped up the acquisition of an additional interest in a Woodside Energy-operated project, encompassing oil-producing fields off Australia.

about 2 years ago
Credit: MODEC
Fossil Energy

MODEC sets out to fortify FPSO business while embracing decarbonization and new opportunities

Japan’s FPSO operator MODEC has unveiled its new, mid-term business plan, covering the period from 2024 to 2026.

about 2 years ago
A15 platform; Source: Petrogas
Fossil Energy

First gas flows from North Sea project 22 months after final investment decision

Petrogas E&P Netherlands has kicked off production from a gas field in the northern part of the Dutch North Sea.

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

Double whammy for Vår Energi in North Sea as both wells come up dry

Vår Energi has drilled two wildcat wells in the North Sea, using one of Odfjell Drilling-managed semi-submersible rigs.

about 2 years ago
Chesapeake, Delfin and Gunvor ink long-term LNG liquefaction offtake deal
Fossil Energy

Chesapeake, Delfin and Gunvor ink long-term LNG liquefaction offtake deal

Chesapeake Energy Corporation, Delfin LNG, a subsidiary of Delfin Midstream, and Gunvor Group, through Gunvor Singapore, have entered into a liquefied natural gas (LNG) export deal that includes executed sales and purchase agreements (SPA) for long-term liquefaction offtake. Under the SPA, Chesapeak

about 2 years ago
FPSO Léopold Sédar Senghor; Courtesy of Woodside
Fossil Energy

FPSO arrival brings Woodside closer to first oil from Senegal’s first offshore development

As the FPSO destined for Senegal’s first offshore oil development arrives in the African country, Woodside is closing in on the first oil from the project.

about 2 years ago
Expro Group
Fossil Energy

Expro acquires UK firm to expand well construction and intervention portfolio

Energy services provider Expro has entered into a definitive agreement to acquire Scotland-based well integrity and production optimization company Coretrax, from an investment group led by Buckthorn Partners, for a total consideration of approximately $210 million. By acquiring Coretrax, Expro said

about 2 years ago
MOPU TSeven Shirley; Source: T7 Global
Fossil Energy

New MOPU en route to Asian offshore oil field

Valeura Energy has confirmed that a new mobile offshore production unit (MOPU) is on its way to the Gulf of Thailand.

about 2 years ago
FPSO Pyrenees Venture; Source: MODEC
Fossil Energy

Jadestone in the running for Woodside’s oil & gas assets off Western Australia

Jadestone Energy has confirmed its participation in the bid process for Woodside’s participating interests in oil and gas assets off Western Australia.

about 2 years ago
Castoro10 vessel during Above Water Tie-In (AWTI) operation of the two 48” pipeline sections, approximately 4km offhsore Mukran port, Germany
Fossil Energy

End of subsea construction phase for German pipeline

ABL Group has completed the marine warranty survey scope related to the installation of Germany’s Ostsee Anbindungsleitung (OAL) subsea pipeline, where the first gas feed-in is expected soon. GASCADE Gastransport contracted ABL to provide marine warranty survey (MWS) services to supervise the transp

about 2 years ago
FPSO Jotun; Source: Vår Energi
Fossil Energy

FPSO nearing completion but changes made to North Sea oil project’s start-up date

Vår Energi has revised its timeline for the first oil from a field life extension project in the North Sea offshore Norway.

about 2 years ago
Petrobras targets reliable subsea production with order of motor boosting system
Fossil Energy

Petrobras targets reliable subsea production with topside-less technology

Brazilian state-owned oil and gas giant Petrobras has appointed a North Carolina-headquartered company to deliver a seal-less canned motor boosting system for its field in the Campos Basin with the aim of enabling reliable subsea production. Curtiss-Wright Corporation has signed a technology coopera

about 2 years ago
Island Innovator rig; Source: Island Drilling
Fossil Energy

‘We do not compromise with safety,’ says CEO as Island Drilling looks into legal steps to challenge rig termination

Island Drilling is in the process of evaluating all legal recourse at its disposal to contest a recent rig contract termination.

about 2 years ago
Illustration. Source: BOEM
Fossil Energy

Strife over US LNG permit freeze: Win for environmentalists and loss for Big Oil but is there more to it?

The Biden administration’s imposed pause on pending approvals of liquefied natural gas (LNG) exports is seen as a controversial move, which has brought the strife between Big Oil and climate campaigners to the fore.

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