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Fossil Energy

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Oil & GasBusiness Developments & ProjectsExploration & ProductionInfrastructureLiquefied Natural GasBusiness & FinanceLow-Carbon TransitionSubseaRegulation & PolicyRules & RegulationFPSO & VesselsAuthorities & GovernmentEnvironmentTransitionVesselsProject & TendersRigsGreen MarineShipbuildingMarket OutlooksOutlook & StrategyRegulations & PolicyDecommissioningFPSOEquipment
Mist rig; Source: Borr Drilling
Fossil Energy

Borr rig wraps up Gulf of Thailand job with new oil finds for Valeura

Canada-based oil and gas company Valeura Energy has completed a multi-well drilling campaign in the Gulf of Thailand using Borr Drilling’s jack-up rig. As disclosed by Valerua, the campaign was done on licence B5/27, in which the firm has a 100% operated working interest. The license covers the prod

about 1 year ago
Woodfibre LNG
Fossil Energy

First ‘large-scale’ pieces for Canada’s $5.1B LNG terminal puzzle reach their destination (Gallery)

With the arrival of the first batch of modules, Woodfibre Management has revealed an important step forward in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

about 1 year ago
EU flags
Fossil Energy

EU names 44 oil & gas contributors to 2030 CO2 injection targets

The European Commission has adopted a delegated regulation and a corresponding decision outlining the obligations for oil and gas producers related to the targets set by the European Union (EU) for CO2 storage.

about 1 year ago
FSRU Excelsior; Source: Deutsche Energy Terminal (DET)
Fossil Energy

Boost for Germany’s energy security comes with third LNG terminal up and running

Deutsche Energy Terminal (DET) has given a leg-up to Germany’s energy security with the start-up of a second LNG terminal in Wilhelmshaven, which represents the country’s third LNG import terminal.

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Fossil Energy

SBM Offshore FPSO closing in on first oil with mooring off Guyana out of the way (Gallery)

SBM Offshore has crossed off the task list the mooring of its new floating production, storage, and offloading (FPSO) vessel, which will enable the start of production from ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
Illustration; Source: BOEM
Fossil Energy

US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement

A new biological opinion for the Gulf of America, formerly the U.S. Gulf of Mexico, has forestalled the risk of ending new and existing oil and natural gas operations, staving off the danger to American energy security, based on the industry’s reaction.

about 1 year ago
Nakilat cheers steel cutting of 17 new LNG carriers at Hyundai Heavy Industries' shipyard; Courtesy of Nakilat
Fossil Energy

Korean shipyard begins piecing together 17 LNG ships for QatarEnergy’s fleet expansion quest

Nakilat has revealed a steel-cutting ceremony for 17 new liquefied natural gas (LNG) carriers, which was hosted at Hyundai Heavy Industries (HHI) shipyard in South Korea.

about 1 year ago
FSRU Prometheus at dock
Fossil Energy

French firm hired to jumpstart stalled Cypriot LNG project

French-based engineering company Technip Energies has been awarded a project management consultancy (PMC) contract by Cyprus’ Natural Gas Infrastructure Company (ETYFA) for the country’s liquefied natural gas (LNG) terminal.

about 1 year ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Fossil Energy

Go-ahead for Aker BP’s North Sea drilling ops with Odfjell rig

Norwegian oil and gas player Aker BP has secured the all-clear from the country’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway.

about 1 year ago
MOL Azure LNG carrier (for illustration purposes); Source: Mitsui O.S.K Lines (MOL)
Fossil Energy

Geopolitical whims send MOL on ‘prudent’ shipyard selection quest for new LNG carrier orders

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has set its sights on a careful evaluation of the use of Chinese and South Korean shipyards that meet its criteria while taking into consideration the changes in U.S. policy trends and geopolitical risks to meet the demand for liquefied natural gas (L

about 1 year ago
FSRU Energos Power docked
Fossil Energy

Egypt’s energy security gets a leg up with arrival of second FSRU

Egypt has welcomed its second floating storage and regasification unit (FSRU), operated by U.S.-based energy infrastructure player New Fortress Energy.

about 1 year ago
Panama
Fossil Energy

Panama tightens grip on STS oil transfers in crackdown on Russia’s ‘shadow fleet’

The Panama Maritime Authority (PMA) has decided to strengthen the ship-to-ship (STS) oil transfer operation requirements for tankers flying the country’s flag to “shut the door” to Russia’s so-called shadow fleet. As disclosed, the decision was made to address two vital issues at once: the operation

about 1 year ago
FPSO Northern Endeavour; Source: Australian Government Department of Industry, Science, Energy and Resources
Fossil Energy

Australian FPSO cutting its ties to two oilfields after 26 years

As it continues to tick off items from its decommissioning list, a floating production, storage, and offloading (FPSO) vessel in the Timor Sea is severing its bonds with two oilfields off the coast of Australia, with a new milestone in its progress enabling it to remove the possibility of oil leakag

about 1 year ago
LNG vessel at sea
Fossil Energy

Second of six Chinese-built LNG carriers delivered to ADNOC L&S

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has welcomed the second of six newbuild liquified natural gas (LNG) carriers from China’s Jiangnan Shipyard.

about 1 year ago
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