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Fossil Energy

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Snøhvit Future (illustration); Source: Equinor
Fossil Energy

LNS picks up multi-billion deal for project designed to reinforce Norway’s gas supplier position

Equinor has hand-picked Leonhard Nilsen & Sønner (LNS), headquartered in Andøy in Nordland county, for work at its Snøhvit Future project.

about 2 years ago
IK Group makes 'giant leap' into Asian market with new contract
Fossil Energy

Norwegian subsea company makes ‘giant leap’ into Asian market with new contract

Norwegian supplier of subsea products and services IK Group has secured a contract to deliver clamps to an oil & gas pipeline emergency repair base in China, said to mark a giant leap for the company into the Asian market. IK Subsea and its in-country partner PAG Subsea Technology (Guangzhou) have s

about 2 years ago
COSCO hands over first FSRU to Cyprus
Fossil Energy

COSCO hands over first FSRU to Cyprus

Shanghai COSCO Shipping Heavy Industry, a subsidiary of COSCO Shipping Heavy Industry, has held a delivery ceremony for the floating storage and regasification unit (FSRU) Etyfa Prometheas, which will serve the first Cyprus LNG import terminal in Vasilikos. According to COSCO, the project is China’s

about 2 years ago
Illustration: Source: Wood Mackenzie
Fossil Energy

WoodMac’s gas and LNG trends to watch in 2024

Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.

about 2 years ago
Illustration; Source: FutureOn
Fossil Energy

New cost estimation tool streamlines decision-making for oil & gas and offshore wind projects

FutureOn and Rystad have launched a digital tool that integrates up-to-date cost estimation with live project data for energy developments.

about 2 years ago
Illustration; Source: Shell
Fossil Energy

Shell sanctions North Sea tie-back to TotalEnergies’ UK gas hub

Shell has taken a final investment decision (FID) to develop a gas field in the UK sector of the North Sea.

about 2 years ago
One of Shell-managed LNG carriers; Source: Shell
Fossil Energy

Shell joins BP and numerous shipping giants in putting all Red Sea shipments on ice as vessel attacks escalate

Shell is the latest firm in a long line of companies, which decided to steer clear of the Red Sea shipping route in response to rising Houthi vessel attacks.

about 2 years ago
Offshore oil rigs in Southern California; Credit: Drew Bird Photography
Fossil Energy

California teetering on the brink of ending offshore oil drilling, as bill triumphs over first legislative snag

Senator Dave Min’s bill to stop offshore oil drilling in California’s waters has now passed its first major legislative hurdle.

about 2 years ago
Illustration; Source: Australian Energy Producers (former APPEA)
Fossil Energy

Woodside contributes to Australia’s gas strategy consultation to tackle offshore regulatory gridlock

The Australian government’s consultation paper aims to come to grips with a brewing cauldron of uncertainty surrounding the offshore regulatory approvals system.

about 2 years ago
Van Oord secures contract to build FSRU jetty at Wilhelmshaven in Germany
Fossil Energy

Van Oord secures contract to build FSRU jetty at Wilhelmshaven in Germany

FSRU Wilhelmshaven, a joint venture between Engie and Tree Energy Solution (TES), has contracted Dutch company Van Oord to construct a floating storage and regasification unit (FSRU) jetty at Wilhelmshaven in Germany. As part of the contract, Van Oord will be responsible for the procurement and cons

about 2 years ago
Fairplay Towage to provide assisting tugs for German LNG terminals
Fossil Energy

Fairplay Towage to provide assisting tugs for German LNG terminals

German tugboat operator Fairplay Towage Group has been nominated towage provider for the floating LNG terminals in Brunsbüttel, Stade and Wilhelmshaven by Deutsche Energy Terminal (DET), which, on behalf of the German Federal Ministry for Economics Affairs and Climate Action, operates LNG terminals

about 2 years ago
Murray Auchincloss, BP' new CEO; Source: BP
Fossil Energy

Following ‘highly competitive’ search, interim CEO becomes BP’s new boss

BP has decided to move its interim Chief Executive Officer (CEO) to the CEO role, after undertaking a quest to find someone to fill this position.

about 2 years ago
TechnipFMC and BP extend long-standing relationship with new contract
Fossil Energy

TechnipFMC and BP extend long-standing relationship with new contract

TechnipFMC has secured a contract that it describes as “significant” to deliver subsea services for BP in the Gulf of Mexico. TechnipFMC has been awarded a contract by BP for its Argos Southwest Extension project in the Mad Dog field, under which it will install pipe and an umbilical, tying back thr

about 2 years ago
Illustration; Credit: Lone Stormoen/Equinor
Fossil Energy

Norway presents 24 players with 62 oil & gas licenses amid ‘great interest’

Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.

about 2 years ago
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