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Fossil Energy

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Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies stays the course to tackle transition with its multi-energy strategy

TotalEnergies has set its course for the energy transition journey by creating a balanced multi-energy strategy, which it plans to follow to diversify its portfolio, cut its emission footprint, and reach low-carbon and net-zero aspirations.

about 3 years ago
Subsea module sinks to seabed off Australia due to crane incident
Fossil Energy

Subsea module sinks to seabed off Australia due to crane incident

A subsea module, associated umbilical lines and a crane wire have sunk to the bottom of the sea offshore Australia due to a wire failing on the main crane of a vessel. UK-headquartered energy services provider Expro reported that on September 19 an incident occurred in Australian waters in which the

about 3 years ago
Dow joins HEH consortium for Stade LNG terminal
Fossil Energy

Enagás closes deal to acquire 10% stake in Germany’s HEH

Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partner

about 3 years ago
Valaris 8503 rig was used for Zama appraisal; Source: Talos Energy
Fossil Energy

Mexican conglomerate gets its hands on Talos’ partial stake in large oil field

Talos Energy has wrapped up the sale of a partial stake in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico.

about 3 years ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies brings in Petronas as partner ahead of sanctioning oil project off Angola

TotalEnergies has wrapped up a sale of a partial stake to Petronas in a block, encompassing two oil fields offshore Angola.

about 3 years ago
Deepsea Mira rig; Source: Odfjell Drilling
Fossil Energy

TotalEnergies evaluating flow test results for potential commercial oil development off Namibia

TotalEnergies has made progress with its multi-well appraisal and exploration drilling program in Namibia, which is being carried out with two rigs.

about 3 years ago
FPSO Petrojarl Knarr; Source: Altera Infrastructure
Fossil Energy

Multi-billion investment on the horizon, as UK greenlights giant Rosebank oil field

The North Sea Transition Authority has now given its blessing for the development of the controversial Rosebank field on the UKCS.

about 3 years ago
Illustration. Source: BOEM
Fossil Energy

US puts Gulf of Mexico oil & gas lease sale on ice following court order

BOEM has postponed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) to comply with a court order.

about 3 years ago
Survey wraps up at TotalEnergies' CO2 storage license
Fossil Energy

Survey wraps up at TotalEnergies’ CO2 storage license

Shearwater GeoServices has completed a carbon storage survey project in the Danish North Sea for French energy giant TotalEnergies. The survey covers a CO2 geological storage license awarded to TotalEnergies earlier this year. To remind, the Danish Ministry of Climate, Energy and Supply announced on

about 3 years ago
QatarEnergy places $3.9 billion order for 17 LNG carriers at Korean shipyard
Fossil Energy

QatarEnergy places $3.9 billion order for 17 LNG carriers at Korean shipyard

Qatar’s state-owned oil and gas company QatarEnergy has signed an agreement with South Korean shipyard HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers. The shipbuilding contract, valued at QR14.2 billion ($3.9 billion), was revealed on September 27, 2023, and is said to mar

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Fossil Energy

IEA’s net-zero recipe: Going green and slashing fossil fuels’ role in energy mix while pursuing ‘equitable’ transition

The IEA believes that the path to limiting global warming to 1.5 °C has narrowed, however, clean energy growth is still keeping it open.

12 minutes read
Depsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

Recent North Sea discovery deemed ‘important’ for further exploration activities

A new gas condensate discovery in the Norwegian sector of the North Sea, made by DNO Norge, is perceived to be a play-opener.

about 3 years ago
Final rig sets sail to Mexico as NFE nears first gas from Altamira Fast LNG
Fossil Energy

Final rig sets sail to Mexico as NFE nears first gas from Altamira Fast LNG

U.S. energy company New Fortress Energy (NFE) has provided new updates on its Fast LNG project in Altamira, Mexico. On September 27, 2023, the liquefaction rig Pioneer II set sail for Altamira, where it will meet Pioneer I and Pioneer III, NFE said in a brief social media update. Pioneer III was ins

about 3 years ago
Deepwater Aquila (ex-West Aquila) drillship; Source: DSME
Fossil Energy

Transocean raising cash to pay for its newbuild drillship

Transocean will use the net proceeds from the notes to partially finance the construction, acquisition, and alteration of a drillship.

about 3 years ago
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