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Fossil Energy

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FPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionOutlook & StrategyProject & TendersVesselsOperations & MaintenanceCollaborationDecommissioningClean FuelLiquefied Natural GasOther FuelsAuthorities & GovernmentRegulation & PolicyRigsProduction & ProcessingSubseaMarket OutlooksVisionAlternative FuelsAmmoniaEnergy TransitionGreen MarineHydrogenLow-Carbon TransitionCarbon Capture Usage & StorageEquipmentInnovationTransition
1990-built FPSO to keep working offshore Vietnam until end of 2027
Fossil Energy

1990-built FPSO to keep working in Vietnam until end of 2027

A joint venture (JV) company of Malaysia’s MISC Group and Vietnamese PetroVietnam Technical Services Corporation (PTSC) has secured a contract that will keep a 1990-built floating production, storage, and offloading (FPSO) vessel working in Vietnam. The contract awarded to Vietnam Offshore Floating

about 6 months ago
Equinor, Petoro and OMV get lucky in waters off Bergen
Fossil Energy

Equinor, Petoro and OMV get lucky in waters off Bergen

Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connect

about 6 months ago
Aker Solutions lands major five-year contract for key Aker BP assets off Norway
Fossil Energy

Aker Solutions lands major five-year contract for key Aker BP assets off Norway

Aker Solutions has secured a five-year contract with Aker BP for maintenance, modification and operation services (MMO) across all of its key assets on the Norwegian Continental Shelf (NCS). The work will be executed within the next-generation MMO alliance covering Valhall, Fenris, Ula, EIGA (Edvard

about 6 months ago
Jumbo Offshore completes mooring line ops for FPSO Errea Wittu; Source: Jumbo Offshore
Fossil Energy

ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done

Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary of the U.

about 7 months ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Fossil Energy

BP and TPAO seal oil & gas cooperation pact

UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.

about 7 months ago
Illustration; Source: Petronas
Fossil Energy

Petronas enlarges oil & gas portfolio with block offshore Oman

PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offsh

about 7 months ago
FSU Alba; Source: AF Offshore Decom
Fossil Energy

Another ‘major’ North Sea decom job comes AF Offshore’s way

AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer.

about 7 months ago
Cedar LNG; Source: Exmar
Fossil Energy

Exmar takes on FLNG gig for $4B hydro-powered floating LNG project in Canada

Belgian shipping company Exmar has landed an assignment for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 7 months ago
Illustration; Source: Europa Oil & Gas
Fossil Energy

Farm-out of African oil & gas block awaits regulatory clearance

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has reaffirmed that all requirements are out of the way for an extension of a production sharing contract (PSC), covering a block off the coast of Equatorial Guinea. A recently signed farm-out deal for the block is still pending re

about 7 months ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Fossil Energy

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

about 7 months ago
Hunting strengthens its subsea arsenal with new acquisition
Fossil Energy

Hunting strengthens its subsea arsenal with new acquisition

London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineer

about 7 months ago
Rendering of Argentina LNG project; Source: YPF
Fossil Energy

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande

about 7 months ago
Illustration; Source: SLB
Fossil Energy

SLB lines up offshore drilling work on Asian deepwater gas project

U.S.-headquartered technology player SLB has landed multiple deals for offshore drilling services at a gas development off the coast of Indonesia with the UAE-based Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi.

about 7 months ago
Ammonia FPSO concept; Source: BW Offshore
Fossil Energy

WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model

McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon fuel and brought

about 7 months ago
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