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Fossil Energy

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FPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersLow-Carbon TransitionMarket OutlooksOutlook & StrategyTransitionSubseaCarbon Capture Usage & StorageEnvironmentRegulation & PolicyVisionClean FuelLiquefied Natural GasOther FuelsOperations & MaintenanceVesselsInfrastructureCollaborationRigsFPSOAuthorities & GovernmentRules & Regulation
FPSO Prosperity; Source: Keppel Offshore & Marine
Fossil Energy

ExxonMobil flows oil from third project offshore Guyana as FPSO comes online ahead of schedule

ExxonMobil has started production from its third oil development at the Stabroek block offshore Guyana, boosting total production capacity in the country to approximately 620,000 barrels per day.

about 2 years ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

about 2 years ago
Fugro updates 2027 strategy, plans to expand into CCUS
Fossil Energy

Fugro updates 2027 strategy, plans expansion into CCUS

Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur

about 2 years ago
INPEX taps GR Engineering unit for Ichthys LNG operation and maintenance services
Fossil Energy

INPEX taps GR Engineering unit for Ichthys LNG operation and maintenance services

GR Production Services, a wholly-owned subsidiary of GR Engineering Services, has secured a contract with INPEX Operations Australia to provide operations and maintenance support services to the Ichthys LNG upstream and downstream facilities. The three-year contract has an estimated value of $28 mil

about 2 years ago
AHT Sentosa; Source: Seacontractors
Fossil Energy

Two Boskalis vessels join Seacontractors fleet

The Netherlands-headquartered maritime service provider Seacontractors has expanded its fleet with the acquisition of two Boskalis’ anchor handling tugs (AHTs).

about 2 years ago
Wintershall Dea enters second UK carbon capture and storage project
Fossil Energy

Wintershall Dea enters second UK carbon capture and storage project

Carbon Catalyst has completed the farmout of a 10% interest in a carbon capture and storage (CCS) project in the UK North Sea to Wintershall Dea. Carbon Catalyst reported on November 14 that it had completed the farmout of a 10% working interest in the Poseidon carbon storage license located in the

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Fossil Energy

Brazilian FPSO comes back online once again

Enauta has restarted production from a floating, production, storage, and offloading (FPSO) vessel, working on a field off Brazil.

about 2 years ago
Santos
Fossil Energy

Australian oil & gas giant and Korean player join forces to decarbonize Asia with carbon capture and storage

Santos and SK E&S will pool resources on cross-border carbon capture and storage (CCS) solutions to assist Asia in lowering its carbon footprint.

about 2 years ago
FPSO Okha; Source: Woodside
Fossil Energy

Jadestone expands its stake in Australian offshore oil-producing fields

Jadestone Energy has set the wheels into motion to get additional interest in a project, encompassing oil-producing fields off Australia.

about 2 years ago
CNOOC
Fossil Energy

Chinese giant brings on stream ‘first condensate gas field’ in Bohai Sea

CNOOC Limited has kicked off production from a condensate gas field Phase I development project in the Bohai Sea offshore China.

about 2 years ago
Ocean BlackRhino drillship; Source: Icon Engineering
Fossil Energy

Diamond Offshore drillship booked for another African gig

Diamond Offshore has secured a new contract for one of its drillships in Africa, which is related to work offshore Guinea-Bissau.

about 2 years ago
FPSO Pazflor; Source: TotalEnergies
Fossil Energy

Ocean Installer and Petro win FPSO work with TotalEnergies off Angola

Petro Services and its main subcontractor Ocean Installer have secured a contract with TotalEnergies for work on an FPSO in Angola.

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

COP28: Sketching decarbonization roadmap with phase-out of fossil fuels as the centerpiece to get global net-zero efforts on track

COP28 is seen as a beacon of hope to devise a transformational roadmap in a bid to get the global energy transition undertaking on track.

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Fossil Energy

Is the EU ready to take decisive steps towards slashing its methane footprint from imports?

The EU’s decision-makers are preparing to weigh in on whether to include a performance standard for methane emissions from imports.

about 2 years ago
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