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Rendering of an LNG terminal at night
Fossil Energy

Technip secures ‘major’ EPC deal for Louisiana LNG terminal

Commonwealth LNG, a firm controlled by the energy-focused alternative investment manager Kimmeridge, has contracted French-based engineering company Technip Energies to provide engineering, procurement, and construction (EPC) services for its liquefied natural gas (LNG) facility under development in

about 1 year ago
Saipem joins Nuclear Energy Maritime Organization
Alternative Fuels

Saipem joins Nuclear Energy Maritime Organization

Italy’s engineering, drilling, and construction services giant Saipem has become an associate member of Nuclear Energy Maritime Organization (NEMO), an organization focusing on the practical application of new nuclear solutions in the maritime industry.

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about 1 year ago
Several men standing behind a desk
Fossil Energy

ExxonMobil ending 10-year absence from Libya with offshore study MoU

U.S.-headquartered energy giant ExxonMobil has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to undertake a technical study off the coast of the North African country.

about 1 year ago
Argos offshore platform
Fossil Energy

BP kicks off US Gulf extension project early, reinforcing oil & gas focus

The U.K.-headquartered energy giant BP has started up the extension project bringing more oil to its platform in the U.S. Gulf of America.

about 1 year ago
Taihan Anma
Cabling

South Korea’s Taihan Cable & Solution wins domestic inter-array cable contract

Taihan Cable & Solution has won a turnkey contract for the supply and installation of inter-array cables at the 532 MW Anma offshore wind farm in South Korea. The contract, valued at approximately ₩181.6 billion (about €113 million), is planned to run until the end of 2028. Under the contract, Taiha

about 1 year ago
Vantris Energy text and logo
Fossil Energy

Name change marks new phase in Malaysian firm’s restructuring efforts

Malaysian oil and gas services provider formerly known as Sapura Energy has rebranded, marking the start of a strategic transformation aimed at restoring financial and operational strength.

about 1 year ago
Financial go for first stage of Australian 1.5 GW interconnector
Cabling

Financial go for first stage of Australian 1.5 GW interconnector

Marinus Link, a 1.5 GW, 345-kilometer power interconnector project in Australia, has reached the final investment decision (FID) to proceed with the project’s first stage. The project, to be built in two 750 MW stages, will link North West Tasmania and the Latrobe Valley in Victoria, with 255 kilome

about 1 year ago
Arctic
Energy Transition

‘Catastrophic’ consequences loom as Arctic black carbon emissions slip through regulatory cracks

Despite more than a decade of technical work at the International Maritime Organization (IMO), black carbon from Arctic shipping remains largely unregulated, necessitating “immediate and mandatory” action to prevent ‘disastrous’ climate impacts. In its most recent report titled “On thin ice: Why bla

about 1 year ago
Three offshore platforms
Fossil Energy

UK player in talks for Equatorial Guinea offshore block farm-out

UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas has signed a non-binding heads of terms (HoT) with an undisclosed energy company to farm out an interest in a production sharing contract (PSC) offshore Equatorial Guinea.

about 1 year ago
Towngas and CIMC ENRIC join hands on green methanol and hydrogen
Alternative Fuels

Towngas and CIMC ENRIC join hands on green methanol and hydrogen

The Hong Kong and China Gas Company (Towngas) and clean energy equipment and services provider CIMC ENRIC have signed a strategic partnership agreement to jointly develop green methanol and hydrogen energy.

about 1 year ago
Oceaneering upgrades its vessel to perform simultaneous autonomous survey ops
Subsea

Oceaneering upgrades its vessel to perform simultaneous autonomous survey ops

U.S. subsea engineering and applied technology firm Oceaneering International has upgraded its 77-meter-long research vessel, launched in 2000, to perform simultaneous autonomous survey operations. Ocean Intervention II, purpose-built for geophysical and geotechnical surveys, underwent upgrades in e

about 1 year ago
A drillship at sea
Fossil Energy

Saipem, Worley and other majors win FEED roles in INPEX’s Indonesian LNG project

INPEX Masela, a subsidiary of Japan’s INPEX, has started front end engineering and design (FEED) work at the liquefied natural gas (LNG) project it operates in Indonesia’s Masela block.

about 1 year ago
Panamanian
Fossil Energy

Panama ends flag access for aging tankers and bulkers amid shadow fleet concerns

Panama will no longer allow the registration of oil tankers and bulk carriers older than fifteen years under its flag to improve the performance of its fleet, minimize the risk of detentions and prevent the entry of vessels associated with the so-called ‘shadow’ or ‘dark’ fleet. According to the Pan

about 1 year ago
Another Solstad CSV to work for Petrobras, deal worth $108M
Fossil Energy

Another Solstad CSV to work for Petrobras, deal worth $108M

Norwegian shipping company Solstad Offshore has secured another contract with Brazilian oil & gas company Petrobras for a construction support vessel (CSV). The CSV Normand Commander will be on a bareboat contract from the vessel owner Solstad Maritime (SOMA) to Solstad Offshore, who holds the contr

about 1 year ago