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Fossil Energy

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Wison & Genting sign LNTP deal to buy equipment for FLNG unit in Indonesia
Fossil Energy

Wison & Genting sign LNTP deal to buy equipment for FLNG unit in Indonesia

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine, and Genting Oil & Gas Limited (GOGL), via its wholly-owned indirect subsidiary PT Layar Nusantara Gas (PTLNG), have entered into a limited notice to proceed agreement (LNTP) to purchase $43.04 million of long lead items for a 1

about 3 years ago
Gina Krog platform in North Sea; Source: Øyvind Torjusen/Equinor
Fossil Energy

Equinor hands over development plan for multi-million gas tie-back in North Sea

Equinor has submitted a plan for the development and operation (PDO) for a gas discovery in the North Sea.

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

Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’

OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand peaking before 2030 are not supported by “consisten

about 3 years ago
21 carbon storage licenses awarded in UK’s landmark licensing round
Fossil Energy

21 carbon storage licenses awarded in UK’s landmark licensing round

A total of 14 companies have been awarded 21 licenses in the UK’s first-ever carbon storage licensing round – said to have the potential to store almost 10% of UK greenhouse gas emissions. The North Sea Transition Authority (NSTA) announced on 15 September that 14 companies had accepted licenses in

about 3 years ago
ConocoPhillips books regasification capacity at Gate LNG terminal
Fossil Energy

ConocoPhillips books regasification capacity at Gate LNG terminal

U.S. energy major ConocoPhillips has signed a long-term commercial agreement to secure additional regasification capacity in Europe at the Gate LNG terminal in the Netherlands. The 15-year throughput deal for approximately 1.5 million tons per annum (mtpa) or 2 bcm equivalent is expected to begin in

about 3 years ago
GMS Shamal; Source: Ocean Oilfield
Fossil Energy

Ocean Oilfield begins maintenance and upgrade work on GMS’ jack-up barge

Ocean Oilfield Integrated Solutions has started its new maintenance and upgrade assignment on a jack-up barge, which was awarded by the UAE-headquartered Gulf Marine Services (GMS).

about 3 years ago
Borgland Dolphin drilling rig; Source: Dolphin Drilling
Fossil Energy

Dolphin Drilling pops up as front-runner in India’s rig tender

Dolphin Drilling has emerged as the lowest bidder in Oil India Limited’s rig tender for a long-term drilling contract offshore India.

about 3 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Fossil Energy

On mission to decarbonise FPSO ops, SBM Offshore and MHI offer CO2 capture solution

SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.

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

Transocean’s newbuild drillship going to Brazil for its inaugural job

Transocean has secured a new long-term contract for a newbuild ultra-deepwater drillship, which will enable the rig to work with a national oil company offshore Brazil.

about 3 years ago
Aquanaut subsea robot gets to work for Shell
Fossil Energy

Aquanaut subsea robot gets to work for Shell

Nauticus Robotics, a U.S.-based developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, has entered into a service contract with energy giant Shell for the use of its subsea robot. The initial scope of work covers inspection services on Shell’s subse

about 3 years ago
P-75 operates in the Búzios field, in the pre-salt of the Santos Basin; Source: Petrobras
Fossil Energy

Petrobras sets its cap on pursuing further decarbonisation pieces in energy transition puzzle

Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year.

about 3 years ago
KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1
Fossil Energy

KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1

Sempra Infrastructure, a subsidiary of U.S. major Sempra, has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG (PALNG) Phase 1 project to investment management company KKR. The transaction results in Sempra Infrastructure retaining a controlling 28% indirect inte

about 3 years ago
FPSO Sepetiba; Source: Petrobras
Fossil Energy

New FPSO comes to work on Brazil’s third largest oil field

Petrobras has welcomed the arrival of an FPSO, which will work on the company’s giant oil field in the Santos Basin offshore Brazil.

about 3 years ago
DSIC and Jiangsu team up for LNGC cargo containment system project
Fossil Energy

DSIC and Jiangsu team up for LNGC cargo containment system project

China’s Dalian Shipbuilding Industry Company (DSIC) and Jiangsu Yak have signed a contract for the cargo containment system construction project of ten 175,000 cubic meter LNG carriers (LNGCs). According to DSIC, the two parties will work together in construction, production management, safety manag

about 3 years ago
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