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Fossil Energy

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Oil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsProject & TendersLow-Carbon TransitionAuthorities & GovernmentExploration & ProductionRegulation & PolicyRules & RegulationLiquefied Natural GasDecommissioningFPSOFPSO & VesselsRigsClean FuelFunding & RegulationHydrogenOther FuelsTransitionEnvironment
Troll C; Source: Axess
Fossil Energy

Equinor books Axess for North Sea riser replacement work

Axess Technologies, a subsidiary of Norway-headquartered asset integrity management company Axess Group, has won a new riser replacement assignment in the Norwegian sector of the North Sea with Equinor, a compatriot state-owned energy giant.

about 10 months ago
Illustration; Source: ADNOC Gas
Fossil Energy

$4 billion deal in hand as ADNOC scores 20-year gas supply assignment

ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has secured a multimillion-dollar natural gas supply agreement with EMSTEEL, an integrated steel and building materials manufacturer, to power the United Arab Emirates’ industrial growth.

about 10 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

£50 billion going down the drain as UK keeps oil & gas windfall tax in place

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the

about 10 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Fossil Energy

More US LNG going to Japan: Venture Global and Tokyo Gas shake hands on 20-year offtake

With another liquefied natural gas (LNG) offtake deal in the bag, the U.S. export project developer Venture Global has secured its fourth multi-year contract with a Japanese company.

about 10 months ago
Illustration; Source: TotalEnergies
Fossil Energy

France’s gas ‘safety net’ no longer needed: TotalEnergies dismantling LNG terminal

TotalEnergies has decided to demobilize its floating storage and regasification unit (FSRU) in Le Havre, as this liquefied natural gas (LNG) terminal is no longer required to strengthen energy security in the country and Europe.

about 10 months ago
Illustration; Source: Woodside
Fossil Energy

Greater Sunrise on Southeast Asia’s gas horizon: Woodside strikes deal for LNG concept

Woodside has signed on the dotted line with the Ministry of Petroleum and Mineral Resources (MPRM) of Timor-Leste to carry out studies and activities to mature a Timor-based LNG concept (TLNG) for gas fields in Southeast Asia.

about 10 months ago
Tiber floating production platform is based more than 85% on Kaskida's design (Kaskida rendering); Source: BP
Fossil Energy

BP tasks Seatrium with FPU job in Gulf of America

UK-headquartered energy giant BP has entrusted Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, with an assignment related to a newbuild floating production unit (FPU), destined for deployment at a deepwater oil project in the Gulf of America (the U.S. Gulf of

about 10 months ago
Edda Freya; Courtesy of DeepOcean
Fossil Energy

DeepOcean winding down North Sea FPSO disconnection gig for TotalEnergies

DeepOcean is close to crossing the finish line for an assignment in the North Sea, which entails the disconnection and tow of a floating production, storage, and offloading (FPSO) vessel, alongside the removal of associated subsea infrastructure on the UK Continental Shelf (UKCS).

about 10 months ago
Illustration; Source: QatarEnergy
Fossil Energy

TotalEnergies, Petronas, and QatarEnergy set their cap on hydrocarbon exploration off Guyana

Three energy giants – France’s TotalEnergies, Qatar’s state-owned QatarEnergy, and Malaysia’s Petronas – are joining forces to explore the hydrocarbon potential of an offshore block in Guyanese waters.

about 10 months ago
Illustration; Source: ARO Drilling
Fossil Energy

Keel laying for third out of 20 planned jack-ups done, with fourth rig in the pipeline

Aside from a deal to build a fourth jack-up in a series of 20 planned newbuild Saudi-operated and manufactured offshore rigs, which has been signed by International Maritime Industries (IMI) and ARO Drilling, a 50/50 joint venture between Valaris and Aramco, a keel laying ceremony has been held for

about 10 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Fossil Energy

Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission

England-based energy transition-focused player EnergyPathways has handed in an application for an enlarged gas storage license, covering the natural gas and hydrogen storage elements of its flagship project, located off the Cumbria coast in the East Irish Sea.

about 10 months ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Fossil Energy

US eyes blanket LNG and hydropower authorizations to streamline energy infrastructure permitting

The U.S. Federal Energy Regulatory Commission (FERC) is seeking input on its move to cut the red tape for infrastructure permitting by establishing procedures for blanket authorizations for certain activities at liquefied natural gas (LNG) plants and hydroelectric projects.

about 10 months ago
Illustration; Source: BOEM
Fossil Energy

Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat

The Trump administration’s draft five-year offshore leasing plan continues to run the gauntlet of commentators’ reactions, sparking both applause and outrage. While some are calling it vital for national security, energy independence, and job creation, others see it as a major risk that could jeopar

about 10 months ago
COSL Prospector rig; Source: Canarship
Fossil Energy

All systems go for Barents Sea exploration ops with COSL rig

Equinor has obtained the Norwegian authorities’ blessing for drilling activities in the Barents Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 10 months ago
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