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Fossil Energy

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Saipem 10000; Source: Saipem
Fossil Energy

Saipem’s 26-year-old drillship on completion ops at Eni’s gas well offshore Sicily

Italy’s engineering, drilling, and construction services company Saipem is carrying out completion work with its 2000-built drillship for compatriot energy giant Eni on a gas well off the coast of Sicily, with the campaign scheduled to run through to late September 2026, according to an Italian Coas

about 1 month ago
NS-42 (ODN-II) drillship; Source: Foresea
Fossil Energy

Petrobras widens Brazil’s Equatorial Margin push with hydrocarbon discovery off Amapá

Brazilian state-owned energy giant Petrobras has found hydrocarbons in a frontier well located in ultra-deep waters off the coast of Amapá, deepening Brazil’s Equatorial Margin exploration quest.

about 1 month ago
Illustration; Source: Shell
Fossil Energy

Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit

UK-headquartered energy giant Shell has hit a dead end in its plans for oil and gas exploration off South Africa’s Wild Coast, after the Constitutional Court overturned a Supreme Court of Appeal (SCA) order that had kept the project alive, delivering a major victory for environmental groups and loca

about 1 month ago
FPSO P-67 operates on the Tupi field within the ultra-deep pre-salt layer of the Santos Basin, roughly 260 kilometers off the coast of Rio de Janeiro, Brazil; Credit: Andre Motta de Souza/Agencia Petr
Fossil Energy

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output as the pre-salt, now entering its third decade, cements its status as the company’s production powerhouse in Brazilian waters.

about 1 month ago
A man climbing down a ladder on an offshore platform
Fossil Energy

BP, XRG, and UCC on 4 tcf Venezuelan gas quest as offshore development gathers pace

UK-headquartered energy giant BP and its partners, ADNOC’s XRG and UCC Oil and Gas Holding, have secured a key license off the coast of Venezuela in a push to unlock 4 trillion cubic feet (tcf) of proven gas resources.

about 1 month ago
Golar LNG's FLNG Hilli Episeyo; Credit: Seatrium
Fossil Energy

Seatrium lines up third FLNG conversion assignment with Golar LNG

Golar LNG, a Bermuda-headquartered liquefied natural gas (LNG) midstream infrastructure owner and operator, has booked Seatrium, a Singapore-headquartered offshore, maritime, and energy solutions provider, for a potential third floating LNG (FLNG) conversion project.

about 1 month ago
Rendering of Argentina LNG project; Source: YPF
Fossil Energy

$51 billion LNG megaproject takes ‘important’ step on path to FID by year-end

A giant multibillion-dollar liquefied natural gas (LNG) export project in South America is laying the groundwork for a final investment decision (FID) by the end of 2026, with the submission of its application to join Argentina’s Large Investment Incentive Regime (RIGI), bringing the country closer

about 1 month ago
Who Dat; Source: Delmar
Fossil Energy

Subsea tie-back development to US Gulf oil & gas asset is a go

U.S.-headquartered LLOG Exploration, a subsidiary of Harbour Energy, has decided to move forward with the development of a subsea tie-back to an existing floating production system (FPS) in the Gulf of America (U.S. Gulf of Mexico).

about 1 month ago
Greenergy Cloud LNG carrier; Source: MOL
Fossil Energy

MOL puts bow on six-vessel newbuilding program with final LNG carrier delivery

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has confirmed the completion of a six-vessel liquefied natural gas (LNG) carrier newbuilding program for China National Offshore Oil Corporation (CNOOC), following the naming of the last vessel in the series at Hudong-Zhonghua Shipbuilding in China.

about 1 month ago
Papua LNG
Fossil Energy

TotalEnergies handpicks Daewoo E&C for work on LNG project in Oceania

France’s energy giant TotalEnergies has selected Seoul-based Daewoo Engineering & Construction (Daewoo E&C) as the preferred bidder for a major package on a liquefied natural gas (LNG) project in Papua New Guinea, Oceania.

about 1 month ago
FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Fossil Energy

Golar LNG accelerates FLNG expansion with new $2.45 billion order

Golar LNG, a Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, has struck an engineering, procurement, and construction (EPC) deal with Yantai CIMC Raffles Offshore (CIMC Raffles) for its fourth floating LNG (FLNG) and second vessel of MKII design.

about 1 month ago
Singaporean firm gets to work with Subsea7 in Arabian Gulf
Fossil Energy

Singaporean firm gets to work with Subsea7 in Arabian Gulf

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) has won a contract with Subsea7 in the Arabian Gulf. The lump-sum contract for subsea diving and installation services was awarded by Subsea 7 Arabia Co., Ltd. and is scheduled for offshore execution in the third qu

about 1 month ago
Munin topside; Source: Mammoet
Fossil Energy

With platform topside ready for sail-away, North Sea gas project edges closer to start-up (Gallery)

Netherlands-based heavy lifting and transport provider Mammoet has assisted Aibel, which is responsible for the engineering, procurement, and construction (EPC) of a topside segment of an unmanned processing platform to be deployed at a gas development in the Norwegian North Sea, with critical heavy

about 1 month ago
Illustration; Source: Saipem
Fossil Energy

Saipem wins $1.8 billion contract in Middle East

Italy’s engineering, drilling, and construction services company Saipem has secured a $1.8 billion contract in the Middle East covering offshore and subsea facilities. Saipem’s scope includes the engineering, procurement, construction and installation (EPCI) of offshore and subsea facilities. The co

about 1 month ago
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