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Fossil Energy

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Business & FinanceBusiness Developments & ProjectsExploration & ProductionOil & GasLiquefied Natural GasLNGAlternative FuelsNewsRules & RegulationAuthorities & GovernmentRigsRegulation & PolicySubseaVessels & VehiclesVesselsFPSO & VesselsGreen MarineEnergy TransitionLow-Carbon TransitionCollaborationFunding & RegulationFPSOPipesContracts & TendersDecommissioning
LNG carrier at sea
Fossil Energy

JERA deepens Australian LNG foothold with larger stake in Chevron’s project

JERA has boosted its indirect participation in Chevron's LNG project to 50.1% following a strategic share acquisition from JOGMEC.

6 hours ago
A semi-submersible rig at sea
Fossil Energy

Seadrill hit with $55 million bill after appeals court upholds rig breach ruling

SFL Corporation has won a legal battle, with Norway's appeals court ordering Seadrill to pay $55 million over a 2022 rig redelivery breach.

8 hours ago
A map of Taranaki Basin in New Zealand, displaying oil and gas fields, permits, and structural features across the region.
Fossil Energy

Sunda steps closer to dusting off 1985 gas field as New Zealand bid goes exclusive

Sunda has secured exclusivity for its New Zealand exploration permit bid, paving the way for a potential appraisal of a 41-year-old gas field.

9 hours ago
Skandi Nomad
Fossil Energy

2010-built DOF CSV wins one-year contract extension

9 hours ago
A worker wearing a high-visibility orange vest with Petrobras branding while looking out toward an offshore oil and gas asset
Fossil Energy

Petrobras lands $859 million payout from oil fields deal with Shell, TotalEnergies, and Petrogal

This deal enables Petrobras to reconcile historical costs and production revenues for two deepwater assets in the Santos Basin offshore Brazil.

9 hours ago
Rig at sea
Fossil Energy

New oil & gas discovery set to join North Sea fast-track plays fuelling Europe’s energy security

Equinor, Petoro, and TotalEnergies have found up to 50 million barrels in the North Sea and are eyeing first production in under three years.

12 hours ago
An FPSO at sea surronded by two supply vessels
Fossil Energy

Kistos strengthens its presence in North Sea oil & gas hub with Vår Energi deal

Kistos is expanding its North Sea footprint through a multimillion-dollar acquisition with Vår Energi, boosting its hydrocarbon portfolio.

13 hours ago
LNG vessel at sea
Fossil Energy

Shell, GTT, and Lloyd’s Register eye hybrid-electric LNG carrier design

The trio has teamed up on a conceptual hybrid-electric tech 200,000-cubic-meter (cbm) LNG carrier to cut emissions without sacrificing cargo space.

1 day ago
An industrial gas or petroleum processing facility with a worker wearing Equinor's logo on his back
Fossil Energy

Equinor to feed Dutch grid with low-emission Norwegian gas through 2031

Equinor has secured a multi-year deal to supply Eneco with roughly 0.9 billion cubic meters of Norwegian natural gas annually.

1 day ago
FPSO at sea
Fossil Energy

BW Energy locks down multimillion-dollar financing for offshore platform and production growth

The path from discovery to first oil is moving at a fast pace for BW Energy, which is laying the groundwork for its expansion offshore Gabon.

1 day ago
FPSO at sea
Fossil Energy

Murphy Oil notches dual exploration wins in West Africa and Asia alongside Vietnam and US Gulf start-ups

Murphy Oil has paired exploration and appraisal successes with new projects being put into production mode.

1 day ago
Vallourec
Fossil Energy

TotalEnergies orders French tubular solutions for gas field in Azerbaijan

1 day ago
Jack-up rig at sea
Fossil Energy

2002-built jack-up comes to Asian yard for MOPU conversion ahead of gas field deployment

A 24-year-old jack-up will undergo a rig-to-MOPU conversion before it embarks on its upcoming job at a gas development in Southeast Asia.

1 day ago
Skandi Acergy
Fossil Energy

North Sea operator appoints DOF for subsea decommissioning

1 day ago
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