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Fossil Energy

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FPSO & VesselsLiquefied Natural GasOil & GasBusiness Developments & ProjectsInfrastructureVesselsProduction & ProcessingSubseaCollaborationEquipmentOutlook & StrategyProject & TendersExploration & ProductionSeismicBusiness & FinanceAuthorities & GovernmentEnvironmentRegulation & PolicyLow-Carbon TransitionTransitionRigsSurveys & Interventions
BW Opal floating production storage and offloading unit
Fossil Energy

FPSO newbuild sets course from Singapore to Australia

A floating production, storage, and offloading (FPSO) unit operated by Norway’s BW Offshore has left Seatrium’s yard in Singapore and is headed to work off the coast of Australia’s Northern Territory. Fully commissioned and ready for offshore deployment, the BW Opal left Seatrium’s Tuas Boulevard Ya

about 1 year ago
Marketex Offshore Constructions wraps up subsea template deliveries for Aker BP
Fossil Energy

Estonian firm delivers subsea templates for Aker BP

Estonia-based Marketex Offshore Constructions (MOC), a subsidiary of BLRT Grupp, has completed the delivery of ten subsea templates for Norwegian oil and gas player Aker BP’s Yggdrasil area development offshore Norway. According to MOC, the first six units were handed over earlier in 2024, while the

about 1 year ago
A Floating Production Unit
Fossil Energy

JAPEX exits one block off Indonesia and buys stake in another

Japan Petroleum Exploration (Japex) has divested its stake in Energi Mega Pratama Inc. (EMPI), through which it participated in a block offshore Java, Indonesia, to the latter’s parent company Energi Mega Persada (EMP).

about 1 year ago
FPSO development concept; Source: Finder Energy
Fossil Energy

3D reprocessing paving the way for first oil from fields offshore Timor-Leste

With the results of a 3D reprocessing project for PSC 19-11 in hand, Perth-based oil and gas exploration player Finder Energy has embarked on the interpretation of the data, focusing on updating mapping of undeveloped oil fields in the Timor Sea off the southeast coast of Timor-Leste to finalize pla

about 1 year ago
FPSO Nganhurra; Source: Woodside
Fossil Energy

2006-built FPSO changing hands as BW Offshore eyes redeployment opportunities

Norway’s BW Offshore is set on expanding its floating production, storage, and offloading (FPSO) fleet by embarking on the acquisition of a 19-year-old FPSO to leverage redeployment opportunities in the offshore oil and gas arena.

about 1 year ago
A large vessel at sea
Fossil Energy

Italian player secures long-term commitments in FSRU capacity auction

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has concluded the auctions for regasification capacity at its floating storage and regasification unit (FSRU) moored off the coast of Livorno.

about 1 year ago
Karratha gas plant; Courtesy of Woodside
Fossil Energy

Go-ahead for life extension of Woodside’s huge offshore gas project to 2070

Australian energy giant Woodside Energy has welcomed the federal government’s proposed decision to grant environmental approval for the extension of its mega gas project off the coast of Australia. This prolongs the project’s lifetime from 2030 to 2070.

about 1 year ago
Brage platform; Source: OKEA
Fossil Energy

Hit and miss in North Sea: Drilling ops yield new oil find

Norwegian oil and gas player OKEA has made a new oil discovery in an exploration well in the North Sea off the coast of Norway. However, the drilling activity at another well left the firm empty-handed, as no hydrocarbons were found.

about 1 year ago
Eni
Fossil Energy

UK player’s affiliates find work on Eni’s CCS project destined to serve HyNet

With over 200 companies in its arsenal, RSK Group, a UK-headquartered environmental and engineering solutions provider, has disclosed assignments for eight of its business arms at a carbon capture and storage (CCS) project, which is being brought to life by Italy’s Eni, to contribute to the delivery

about 1 year ago
Eni
Fossil Energy

Eni in exclusive talks over stake sale in CCUS business

Italy’s energy giant Eni has signed an exclusivity agreement with Global Infrastructure Partners (GIP), an infrastructure investor which is part of BlackRock, to negotiate the sale of a stake in the former’s carbon capture, utilization, and storage (CCUS) business.

about 1 year ago
Two years after iEPCI contract win, TechnipFMC done with work at Shell’s deepwater oil project
Fossil Energy

Two years after iEPCI contract win, TechnipFMC done with work at Shell’s deepwater oil project

TechnipFMC has completed its integrated engineering, procurement, construction, and installation (iEPCI) scope at Shell’s Dover deepwater project in the Gulf of America, formerly known as the U.S. Gulf of Mexico, some two years after receiving the contract. Under the contract secured in May 2023, at

about 1 year ago
FPSO Svetah Venetia; Source: Tamil Nadu and Puducherry Naval Area, Indian Navy
Fossil Energy

14-year production hiatus ends as oil flows into 1998-built FPSO

Following the implementation of a multi-phase revised field development plan (FDP), a 27-year-old floating production, storage, and offloading (FPSO) vessel has enabled the restart of hydrocarbon production at an oil project off the coast of India, which was offline since July 2011.

about 1 year ago
Magnus offshore platform
Fossil Energy

EnQuest restarts production at UK field after four-week hiatus

London Stock Exchange-listed energy player EnQuest has restarted production at its field in the UK sector of the North Sea.

about 1 year ago
Transocean Equinox rig; Source: Transocean
Fossil Energy

ConocoPhillips ticks seabed surveys off its list ahead of Australian drilling ops

ConocoPhillips has wrapped up seabed surveys over potential drilling locations to support its gas exploration activities in the Otway Basin off the coast of Australia.

about 1 year ago
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