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Fossil Energy

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Two offshore workers
Fossil Energy

Baker Hughes helping chart a course for LNG and monetize Venezuela’s gas reserves

Baker Hughes, PDVSA, Lindsayca, and Fulcrum LNG are pooling resources to revitalize Venezuela's energy infrastructure.

7 hours ago
FPSO at sea
Fossil Energy

Yinson Production and Eni amplifying African FPSO’s gas capacity

Yinson Production has locked in a $600 million backlog boost after signing a contract amendment with Eni to overhaul an FPSO offshore Ghana.

7 hours ago
Map showing FPSO development concept
Fossil Energy

Sea Lion project on the hunt for new contractors amid Argentine sanction threats

Developers race to keep the Sea Lion oil project afloat after the contractor exits, pushing ahead despite mounting Argentine pressure.

9 hours ago
FSRU at sea
Fossil Energy

Seatrium picks up 9th FSRU conversion job with Karpowership

Seatrium and Karpowership are pooling resources for another LNG-to-FSRU conversion project to strengthen the global floating energy infrastructure.

10 hours ago
FPSO at sea
Fossil Energy

$860M play for offshore oil assets powers Ithaca’s entry into Canadian energy game

Ithaca Energy is breaking into the Canadian market by buying Suncor's oil assets in shallow waters off the East Coast of Newfoundland and Labrador.

13 hours ago
Illustration of LNG terminal
Fossil Energy

$50 billion South Korean investment pushes stalled Alaska LNG project closer to construction

A massive $50 billion capital infusion is paving the way for the Alaska LNG export facility and pipeline to enter the construction phase.

3 days ago
Vessel at sea
Fossil Energy

TGS on 3D imaging mission to unlock new insights into Malaysia's offshore discovery

TGS is in charge of 3D seismic reprocessing for Petronas’ Malaysian hydrocarbon discovery offshore Sabah, targeting reduced subsurface risk.

3 days ago
Drillship at sea
Fossil Energy

Petrobras strikes another oil-bearing zone in Equatorial Margin frontier

This fresh oil discovery off Brazil’s northern coast encountered a new oil-bearing section at a well in ultra-deep waters of the Amapá state.

3 days ago
LNG terminal
Fossil Energy

MidOcean gets hold of $4 billion in major capital raise to fuel global LNG push

Backed by global institutional and sovereign investors, MidOcean Energy has banked $4 billion to expand its international LNG portfolio.

3 days ago
Offshore platform at sea
Fossil Energy

BP taking the wheel of Namibian license trio as farm-in deal clear final regulatory gate

Namibia approves Eco Atlantic's farm-down to BP across three offshore licenses, bringing the partial divestment to the homestretch.

3 days ago
Illustration of an ammonia FPSO
Fossil Energy

BW Offshore and McDermott’s blue ammonia FPSO concept catches wind in its sails with DNV backing

DNV's blessing for this blue ammonia FPSO concept paves the way for unlocking scalable, low-carbon offshore energy production.

3 days ago
Rig at sea
Fossil Energy

Borr Drilling’s rig trio lines up jobs in Africa and Europe

Three rigs from Borr Drilling's fleet have picked up new awards off the coasts of West Africa, Nigeria, and the United Kingdom (UK).

4 days ago
Map showing location of blocks offshore Indonesia
Fossil Energy

Inpex broadens its Southeast Asian horizons with two offshore blocks

The acquisition contributes to the expansion of Inpex’s natural gas and LNG business in Southeast Asia.

4 days ago
LNG terminal
Fossil Energy

Dutch LNG terminal capacity rises to 20 billion cubic meters with 4th tank

The Gate LNG terminal on Rotterdam’s Maasvlakte is bringing a massive 180,000-cubic-meter (cbm) storage tank online.

4 days ago
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