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Fossil Energy

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Santos
Fossil Energy

ADNOC and Santos embarking on carbon capture and storage with net zero at the heart of decarbonization quest

ADNOC has joined forces with Santos to pursue a pathway towards the potential development of a joint global carbon management platform.

about 2 years ago
Countdown begins: Offshore Energy Exhibition & Conference 2023 opens in one week
Fossil Energy

Countdown begins: Offshore Energy Exhibition & Conference 2023 opens in one week

Industry giants, experts, policymakers, innovators and start-ups from the offshore energy sector will meet at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam one week from now. The backdrop to two full days of discussions, insights and updates is the exhibition floor that w

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about 2 years ago
Askepott rig; Source: Equinor
Fossil Energy

KCA Deutag in charge of electrification project enabling Equinor to get its first onshore powered rig

KCA Deutag’s Kenera business unit has been hired for a rig electrification project by Norway’s state-owned energy giant Equinor.

about 2 years ago
FPSO Cidade de Vitória; Source: Saipem
Fossil Energy

Saipem wraps up sale of FPSO working off Brazil

Saipem has brought to an end its divestment process related to an FPSO vessel working in the Espírito Santo Basin offshore Brazil.

about 2 years ago
Illustration; Courtesy of MODEC and Terra Drone
Fossil Energy

MODEC turns to drones to tackle FPSO and offshore platform inspection challenges

MODEC has joined forces with Terra Drone to pursue the technical development of inspection drones for FPSOs and large offshore platforms.

about 2 years ago
FLNG Gimi's departure; Source: Golar LNG
Fossil Energy

New FLNG sets sail from Seatrium shipyard towards BP’s giant gas project

BP is two months away from welcoming the arrival of an FLNG destined for its LNG project off the coasts of Mauritania and Senegal.

about 2 years ago
Carbon capture and storage project off Malaysia to start operating by 2028
Fossil Energy

Carbon capture and storage project off Malaysia to kick off by 2028

Three Japanese companies have signed a key principles agreement (KPA) with Petronas for the maturation and development of a carbon capture and storage (CCS) project offshore Malaysia, aiming for commercialization by the end of 2028. Japan Petroleum Exploration (JAPEX), JGC Holdings Corporation (JGC

about 2 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Fossil Energy

Green light for Vår Energi to kick off drilling ops with Transocean rig

Vår Energi has received consent to use one of Transocean’s semi-submersible rigs on a field located in the Barents Sea.

about 2 years ago
Darren Woods, ExxonMobil's CEO; Source: ExxonMobil
Fossil Energy

ExxonMobil CEO: World in need of plan to address climate change alongside energy needs

ExxonMobil is taking several steps to slash its GHG footprint and its CEO believes that oil and gas industry can help the world curb emissions.

about 2 years ago
Subsea7 to decommission subsea infrastructure related to 20-year-old FPSO
Fossil Energy

Subsea7 to decommission subsea infrastructure related to 20-year-old FPSO

Subsea 7 has secured what it says is a “sizeable” contract by Shell for the decommissioning of subsea infrastructure offshore Brazil. The contract will see Subsea 7 deliver the decommissioning of subsea infrastructure associated with the FPSO Fluminense in the Bijupirá and Salema fields of the Campo

about 2 years ago
Unity platform; Source: INEOS
Fossil Energy

Reliance on gas imports rising due to UK’s energy policy with ‘high North Sea taxes and disincentives’

Is the UK’s government’s energy policy is holding back the UK economy, as energy cost differences hit Britain’s businesses and consumers?

about 2 years ago
GAZ-SYSTEM puts Gdańsk FSRU 2 on hold as open season procedure ends with insufficient number of binding orders
Fossil Energy

GAZ-SYSTEM puts Gdańsk FSRU 2 on hold as open season procedure ends with insufficient number of binding orders

Poland’s natural gas transmission system operator GAZ-SYSTEM has closed the submission phase for binding offers in its open season FSRU 2 procedure which did not result in a sufficient number of binding orders to proceed with the implementation of the project envisaging installation of the second FS

about 2 years ago
Who Dat; Source: Delmar
Fossil Energy

Australian player entering Gulf of Mexico with new oil & gas acquisition

Karoon Energy is in the process of diversifying and expanding its asset portfolio, thanks to biding agreements worth $720 million.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Fossil Energy

Pacific leaders vow to transition away from fossil fuels but ‘loopholes and weasel words’ weaken commitment

While calling for a transition away from coal, oil & gas, Pacific leaders’ final text did not explicitly mention extraction and production.

about 2 years ago