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Fossil Energy

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South N’dola platform in Angola; Source: Chevron
Fossil Energy

Chevron achieves first oil offshore Angola two years after platform construction start-up

Cabinda Gulf Oil Company (CABGOC), a subsidiary of the U.S.-headquartered energy giant Chevron, has put into production mode a new oil platform off the coast of Angola just over two years after construction on the platform began.

about 8 months ago
MoU signing ceremony; Source: Egypt's Ministry of Petroleum and Mineral Resources
Fossil Energy

More LNG for Egypt as new deal strengthens energy and gas ties with Qatar

With the aim of bolstering its liquefied natural gas (LNG) arsenal, Egypt has fortified its bonds with Qatar within the energy and natural gas domains through a memorandum of understanding (MoU) between the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy, the Persian Gulf state’s heavywe

about 8 months ago
Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator
Fossil Energy

Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator

Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a 60-ton subsea modular structure for a Norwegian oil & gas operator. Under the contract defined as major, T12 Engineering will project manage the engineering, procurement, and construction (EPC) o

about 8 months ago
FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Fossil Energy

Chinese firm places order with TMC for Golar’s FLNG

Norway-based TMC Compressors has been tasked with the provision of a complete marine compressed air system for a floating liquefied natural gas (FLNG) facility, which China’s CIMC Raffles is constructing for Golar LNG, the Bermuda-headquartered owner and operator of LNG midstream infrastructure.

about 8 months ago
FPF-1; Source: AF Offshore Decom
Fossil Energy

Ithaca Energy books AF Offshore for North Sea decom gig

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

about 8 months ago
DHT Antelope
Fossil Energy

DHT Holdings takes delivery of first of four South Korea-made VLCCs

Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the first of four very large crude carriers (VLCCs) being constructed in South Korea. The VLCC DHT Antelope was delivered on January 2 from Hanwha Ocean and is set to enter the spot market. Another vessel is scheduled

about 8 months ago
Genting FLNG hull launching ceremony; Source: Wison New Energies
Fossil Energy

With hull now done, Asian FLNG moves to next construction stage

China-based provider of clean energy services Wison New Energies (WNE) has held a hull launching ceremony at its Nantong Yard for a floating liquefied natural gas (FLNG) facility being built for Malaysia’s investment holding and management player Genting.

about 8 months ago
FPSO P-78; Source: Seatrium
Fossil Energy

First oil flows from Petrobras’ new FPSO at one of world’s largest deepwater fields

Brazilian state-owned oil and gas giant Petrobras has brought online the seventh segment of its giant oil field project off the coast of Brazil, with the start-up of another floating production, storage, and offloading (FPSO) vessel.

about 8 months ago
Port
Fossil Energy

Global energy transition drags its feet as oil & gas reign over energy mix

Against the backdrop of rising greenhouse gas (GHG) emissions, energy security and financial prudence are running the investment policy show, putting the transition to low-carbon and green sources of supply on the back burner, as fossil fuels dominate the energy mix, according to GlobalData, an inte

about 8 months ago
Illustration; Source: Rystad Energy
Fossil Energy

Energy outlook: 12 trends set to shape 2026 power spectrum

With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside

about 8 months ago
Illustration; Source: Westwood
Fossil Energy

Downturn in high-impact exploration: Is revival of oil & gas drilling appetite on the cards?

Given that the number of players engaged in high-impact (HI) oil and gas exploration operations has been cut in half since 2014, Westwood Global Energy, an energy market research and consultancy firm, has warned about the uncertainty surrounding new hydrocarbon search attempts, while emphasizing the

about 8 months ago
Illustration; Source: Australian Energy Producers
Fossil Energy

New gas supply key to staving off shortfalls looming on Australia’s energy horizon

As Australia takes steps to up its natural gas ante, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has emphasized the importance of further exploration and production endeavors to avert potential gaps in gas supply from 2030.

about 8 months ago
Illustration: Source: Wood Mackenzie
Fossil Energy

Investment shift from low carbon toward upstream to continue in 2026

After the portfolio recalibrations and restructuring marked the oil and gas industry’s landscape in 2025, Wood Mackenzie, an energy intelligence group, has outlined that the trend will continue in 2026, with oil and gas corporates expected to face “an even tougher strategic balancing act” this year.

about 8 months ago
North Field East (NFE) LNG expansion project will raise Qatar’s LNG export capacity from the current 77 mtpa to 110 mtpa; Source: QatarEnergy
Fossil Energy

2025 at a glance: LNG wave sweeps across global gas markets

With energy security still at the forefront, several liquefied natural gas (LNG) projects have been given the green light to proceed to production mode across the globe, with the United States (U.S.) running the show. As a result, 2025 marked the start of the next wave of LNG projects that are antic

about 8 months ago
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