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Fossil Energy

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Shah Deniz Bravo platform; Source: BP
Fossil Energy

BP green-lights batch of energy projects: Next chapter of mega gas field is a go

BP has revealed final investment decisions for multiple projects, including the next phase of development for a giant natural gas field in the Caspian Sea, described as one of the world’s largest gas-condensate fields and the company’s largest gas discovery.

about 1 year ago
CP2 LNG; Source: Venture Global
Fossil Energy

$28 billion LNG export project breaks ground in Louisiana

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has kicked off site work at its proposed multibillion-dollar export project in Louisiana, United States. This is the firm’s third facility to be built in the last five years.

about 1 year ago
Northern Lights
Fossil Energy

Northern Lights: Ready, set, go with first CO2 on board!

Inaugural CO2 has been loaded onto Northern Pioneer, the first in a fleet of four liquefied CO2 transport ships built for Northern Lights, a carbon capture and storage project in Norway.

about 1 year ago
Pertamina
Fossil Energy

Pertamina inks deal with French partner for renewable synthetic fuel production

Pertamina NRE, a subsidiary of Indonesia’s state-owned oil and natural gas corporation Pertamina, has joined forces with France-based decarbonization technologies firm MGH Energy to co-develop renewable synthetic fuel production projects. According to Pertamina, the two parties signed a memorandum o

about 1 year ago
LNG vessel; Source: Purus
Fossil Energy

New LNG vessel order for Hyundai Heavy Industries with Purus

Purus, a provider of maritime services for gas transport and offshore wind industries, has placed a new order for a liquified natural gas carrier (LNGC) with Hyundai Heavy Industries in South Korea, bringing the firm’s current newbuilding program to ten gas carriers under construction at Hyundai Gro

about 1 year ago
Artist's rendering of the Ruwais LNG concept design; Source: ADNOC
Fossil Energy

Five-year plan puts ADNOC’s XRG on path toward gas and LNG expansion

XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has received endorsement from its board of directors for its five-year business plan, pointing it in the direction of creating a top five integrated global gas and liquefied natural gas (LNG) business with 20–25 mill

about 1 year ago
Admarine 510 jack-up rig; Source: ADES
Fossil Energy

Fresh rig deal marks new country entry as ADES broadens its West African horizons

ADES has expanded its footprint in West Africa by securing a new drilling assignment for one of its jack-up rigs, which enables it to add a 13th country to its list of operational areas.

about 1 year ago
Sonardyne comes on board UK’s first offshore carbon storage project
Fossil Energy

Sonardyne comes on board UK’s first offshore carbon storage project

UK-headquartered Sonardyne has been appointed to deliver baseline environmental monitoring services for the UK’s first offshore carbon capture and storage (CCS) site, being developed by a joint venture of BP, Equinor and TotalEnergies. The project, being developed by the Northern Endurance Partnersh

about 1 year ago
Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan (for illustration purposes); Source: SOCAR
Fossil Energy

SOCAR strengthens energy ties in oil & gas realm with ExxonMobil and Canadian player

Thanks to a new set of deals, the State Oil Company of the Republic of Azerbaijan (SOCAR) is pooling resources with the U.S.-headquartered ExxonMobil and Canada’s Gran Tierra Energy to explore energy opportunities.

about 1 year ago
Hoegh Gandria; Source: Höegh Evi
Fossil Energy

New booking enables Wärtsilä to work on Egypt-bound FSRU conversion gig

Wärtsilä has received a new regasification module order from Höegh Evi for a conversion project that will see a liquefied natural gas (LNG) carrier repurposed into a floating storage and regasification unit (FSRU) destined for deployment in Egypt.

about 1 year ago
Wildcat well proves North Sea reservoir suitable for carbon storage
Fossil Energy

Wildcat well proves North Sea reservoir suitable for carbon storage

Harbour Energy Norge and its partners have confirmed a reservoir in the Norwegian part of the North Sea suitable for CO2 injection and storage following the drilling of a wildcat well. As part of the Havstjerne storage project, the 9/6-1 well was drilled in a water depth of 90 meters, around 30 kilo

about 1 year ago
Port of Corpus Christi reaches ‘key’ channel expansion project milestone
Fossil Energy

Port of Corpus Christi reaches ‘key’ channel expansion project milestone

The Port of Corpus Christi has marked the completion of another milestone under a national infrastructure project envisioned to deliver ‘significant’ improvements at the port and, simultaneously, ‘reinforce’ the role of the United States within the energy landscape. As disclosed, under the four-phas

about 1 year ago
BP
Fossil Energy

BP shakes hands on multi-year LNG offtake with India’s Torrent Power

BP Singapore, a subsidiary of the UK-headquartered energy giant BP, has signed on the dotted line with India’s Torrent Power, part of Torrent Group, to supply liquefied natural gas (LNG) for the latter’s 2,730 MW combined cycle gas-based power plants in line with India’s push to up the natural gas a

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments

Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy security enhancement, and the build-out of the energy infrastructure for the fu

about 1 year ago
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