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FPSO P-79; Source: Hanwha Ocean
Fossil Energy

Hanwha Ocean-built FPSO’s oil offloading opens revenue flows for Petrobras

Brazilian state-owned energy heavyweight Petrobras has initiated a revenue stream with the first oil offloading from its eighth floating production, storage and offloading (FPSO) unit, which is working at a field in the Santos Basin off the coast of Brazil.

about 3 months ago
Catcher FPSO
Fossil Energy

Serica’s North Sea expansion boost: Acquisition wrap-up ensures oil & gas portfolio growth

UK-based upstream oil and gas player Serica Energy has enhanced its long-term resource outlook by bringing to a close the acquisition of previously disclosed assets from the Netherlands-based exploration and production player ONE-Dyas.

about 3 months ago
An offshore platform
Fossil Energy

EnQuest makes $833 million play to expand its Southeast Asian oil & gas arsenal

EnQuest Petroleum Production Malaysia, a wholly owned subsidiary of London Stock Exchange-listed energy firm EnQuest, has set the wheels in motion to enlarge its oil and gas footprint in Southeast Asia through a proposed acquisition of interests in four production sharing contracts (PSCs) off the co

about 3 months ago
SW Empress vessel; Source: Shearwater
Fossil Energy

ExxonMobil puts Shearwater on seismic duty offshore Guyana

Norwegian marine geoscience and technology company Shearwater GeoServices has picked up a new distributed acoustic sensing (DAS) seismic assignment in the Stabroek block off the coast of Guyana, thanks to a deal with ExxonMobil Guyana, a subsidiary of U.S.-headquartered energy giant ExxonMobil.

about 3 months ago
T12 Engineering
Fossil Energy

Scottish player ships 60-ton subsea structure for Norwegian oil & gas playground

Scotland-headquartered engineering and design company T12 Engineering has finished its assembly and shipment scope for a major gravity-based subsea structure (GBS) by transporting it to Norway, completing what the firm describes as one of the largest projects it has delivered to date.

about 3 months ago
Taihan Cable signs HVDC cooperation agreements with Jan De Nul and Boskalis
Cabling

Taihan Cable signs HVDC cooperation agreements with Jan De Nul and Boskalis

South Korea’s Taihan Cable & Solution has signed memoranda of understanding (MOUs) with Belgium’s Jan De Nul and the Netherlands’ Boskalis to cooperate on high-voltage direct current (HVDC) subsea cable projects. The agreements were signed on June 10 during the Korea-EU Energy Transition Cooperation

about 3 months ago
Petronas' Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas
Clean Fuel

20-year LNG deal between Petronas and JERA strengthens Japan’s energy security

Malaysia’s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with Japan’s power generation major JERA, which fortifies the energy bonds between the two countries and extends the companies’ partnership into the 2040s.

about 3 months ago
Ramford Vanguard; Source: TGS
Fossil Energy

New 3D streamer gig taking TGS to Africa & Middle East

Norwegian energy data and intelligence company TGS has picked up a new 3D streamer acquisition assignment with an undisclosed oil and gas player in Africa and the Middle East region.

about 3 months ago
Photo Caption (L to R): Yihyo Chung, HD HHI Senior Vice President/Initial Design Office (Medium Size Ship) and Patrick Ryan, ABS Senior Vice President and Chief Technology Officer at Posidonia 2026; C
Fossil Energy

US-flagged tanker being brought to life by ABS and HD Hyundai Heavy

American Bureau of Shipping (ABS), a classification society, is pooling resources with South Korea’s HD Hyundai Heavy Industries (HD HHI) to enrich the tanker market with a new U.S.-flagged oil and chemical tanker.

about 3 months ago
Deepsea Mira rig; Source: Odjell Drilling
Fossil Energy

Shell’s new oil discovery adds fuel to Namibia’s black gold rush

Shell Namibia Upstream, a subsidiary of the UK-headquartered energy giant Shell, has found more oil in the Orange Basin off the coast of Namibia.

about 3 months ago
Gasum's container vessel Coral Energy at Klaipeda LNG terminal; Courtesy of KN Enenergies
Clean Fuel

Gasum, Naftogaz among those locking in multi-year capacity at Lithuanian LNG hub

Gasum, a Nordic gas sector and energy market player, and Ukraine’s state-owned energy company Naftogaz Group have secured long-term liquefied natural gas (LNG) capacity at Lithuania’s LNG terminal, operated by KN Energies (KN).

about 3 months ago
Jangkrik-01; Source: Eni
Deepwater Installation

Swedish firm gets nearly $105M order for subsea piece of Southeast Asian gas project

Alleima, a Sweden-headquartered manufacturer of high-value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating, has picked up a new multimillion-dollar assignment for subsea components that will be used to bring one of Indonesia’s major upcoming

about 3 months ago
TGS
Fossil Energy

TGS unveiling Equatorial Guinea’s offshore basin prospectivity with major seismic dataset

Norwegian energy data and intelligence company TGS has been tasked with delivering a large-scale multi-client seismic product that will shed light on the exploration potential of Equatorial Guinea’s offshore basins.

about 3 months ago
Energos Force; Source: DET
Clean Fuel

Germany’s energy network awaits September to ignite next LNG link in FSRU chain

Germany’s Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, has revealed the timeline for the commissioning of the European country’s next floating LNG terminal, which

about 3 months ago
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