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Fossil Energy

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Kristin platform (for illustration purposes); Credit: Marit Hommedal/Equinor
Fossil Energy

Norway’s gas output continues its downward plunge while oil goes up a notch

Norway saw a slight rise in oil production in August 2023 compared to the NPD’s predictions and the volume seen last year.

about 3 years ago
NextDecade signs $356M loan agreement for Rio Grande LNG
Fossil Energy

NextDecade signs $356M loan agreement for Rio Grande LNG

Texas-based energy company NextDecade has entered into a credit agreement with a group of lenders for $356 million of senior loans to finance a portion of the first three LNG trains (Phase 1) at its Rio Grande LNG export facility in Brownsville. According to NextDecade, the senior loans were disburs

about 3 years ago
Noble Regina Allen jack-up rig; Source: Noble Corporation
Fossil Energy

TotalEnergies books Noble jack-up rig for drilling campaign in South America

Noble Corporation has secured a new contract with TotalEnergies for its harsh-environment jack-up rig, which is currently undergoing repairs.

about 3 years ago
Amin H. Nasser, Saudi Aramco President & CEO; Source: Saudi Aramco
Fossil Energy

Aramco CEO: Widening gap in global energy transition lays bare need for ‘more realistic and robust’ multi-source plan

Aramco’s CEO has called upon world leaders and energy players to devise concrete transition steps in a bid to ensure a just transition and avert a potential energy crisis, as a result of a premature phasing out of fossil fuels.

about 3 years ago
Transocean Norge rig; Source: Transocean
Fossil Energy

Commercial volumes not present in new gas discovery off Norway

OMV has made a new gas discovery at an exploration well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

about 3 years ago
West Phoenix rig; Source: Seadrill
Fossil Energy

New milestone for Seadrill rig

Seadrill has tucked a new milestone under its belt, thanks to the installation of a controlled mud level (CML) system on one of its rigs.

about 3 years ago
Ocean BlackHawk drillship; Source: Diamond Offshore
Fossil Energy

WATCH: Diamond Offshore drillship preparing to start its gig in Gulf of Mexico

Diamond Offshore Drilling has upgraded one of its drillships with managed-pressure drilling (MPD) equipment ahead of the rig’s new assignment in the Gulf of Mexico, which is due to start in November 2023.

about 3 years ago
FPSO Atlanta; Source: Yinson
Fossil Energy

Anchoring campaign for Brazilian FPSO underway

Enauta has embarked on an anchoring campaign for an FPSO vessel, which is destined to work at its oil field offshore Brazil.

about 3 years ago
DSIC orders GTT tank design for two LNG carriers
Fossil Energy

DSIC taps GTT for tank design of three new LNGCs

French LNG containment specialist GTT has received an order from the Chinese shipyard Dalian Shipbuilding Industry (DSIC) for the tank design of three new liquefied natural gas carriers (LNGCs), on behalf of China Energy. GTT said it will design the tanks of the three vessels, which will each offer

about 3 years ago
Totalenergies' FSRU Cape Ann; Credit: Jean Nicholas Guillo/Greenpeace
Fossil Energy

Eleven arrested after activists expressed their ire over arrival of TotalEnergies’ FSRU in France

After a FSRU, chartered by TotalEnergies, arrived in France, climate activists took steps to express their dissatisfaction with its arrival.

about 3 years ago
Gavin Newsom, California Governor; Source: Office of the Governor of California
Fossil Energy

California’s lawsuit against ExxonMobil, Shell, BP, ConocoPhillips and Chevron seen as ‘monster of a climate case’

Five oil majors together with API are being sued in California for their alleged role in downplaying the risks posed by fossil fuels.

12 minutes read
Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’ for Congo’s energy development
Fossil Energy

Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’ for Congo’s energy development

Société Nationale des Pétroles du Congo (SNPC), Eni Congo, and Lukoil have signed a long-term contract for the purchase and sale of LNG with Eni SPA, marking an advancement in the LNG Marine XII project. According to SNPC, the contract was signed on September 14, 2023, and will run for a period of 2

about 3 years ago
Kate Thomson, BP's interim CFO; Source: BP
Fossil Energy

BP picks interim CFO

BP has appointed an interim Chief Financial Officer (CFO), after moving its previous CFO to the interim Chief Executive Officer (CEO) role.

about 3 years ago
Natural gas produced from the Ormen Lange deep-water field off Norway’s coast flows for processing at the Nyhamna plant, before it is piped to the UK; Source: Shell
Fossil Energy

Shell prolongs Aker Solutions’ work on natural gas facility serving Norwegian Sea field

Aker Solutions has secured a long-term contract extension with Shell for a natural gas processing plant in Norway.

about 3 years ago
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