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Fossil Energy

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EU
Fossil Energy

EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet

The European Council has adopted the 17th Russia sanctions package including almost 200 shadow fleet vessels and a Russian oil giant.

about 1 year ago
A platform supply vessel at sea
Fossil Energy

MMA vessel finds work on Chevron’s Western Australian assets

Australian offshore vessel player MMA Offshore, an affiliate of Singapore-based Cyan Renewables, has won a multi-year contract with Chevron’s Australian subsidiary for a high-specification platform supply vessel (PSV) from its fleet.

about 1 year ago
An LNG carrier
Fossil Energy

12th LNG carrier joins Celsius Tech’s fleet, 9 more in the works

Celsius Tech Limited, the Hong Kong-based technical management arm of Danish shipowner Celsius, has taken delivery of a liquefied natural gas (LNG) vessel from South Korea’s Samsung Heavy Industries (SHI).

about 1 year ago
NAGA 4 jack-up rig; Source: Velesto
Fossil Energy

Velesto rig lines up drilling job for over 40 wells

Velesto has won a new multi-well drilling assignment for one of its jack-up rigs off the coast of Vietnam, Southeast Asia.

about 1 year ago
PEL 94 offshore Namibia; Source: GEO Exploration
Fossil Energy

Oil resource uplift comes to light in Namibian offshore basin’s ‘sweet spot’

GEO Exploration has revealed an uptick in unrisked prospective resources within its petroleum exploration license (PEL) 94 in the Walvis Basin, off the coast of Namibia.

about 1 year ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Fossil Energy

US DOE clears path for approving LNG exports, deeming them in public interest

The U.S. Department of Energy (DOE) has responded to comments on the assessment of liquefied natural gas (LNG) exports on the country’s energy, economy, and the environment, marking what it says is a “critical” step toward the resumption of issuing export orders.

about 1 year ago
Cygnus Alpha; Source: Neptune Energy, which became part of Eni's UK portfolio now managed by Ithaca
Fossil Energy

North Sea operator takes steps to boost its stake in UK’s largest gas field

Ithaca Energy, a North Sea oil and gas operator and producer, has made a move to enlarge its operated interest in a gas field, said to be the largest one on the UK Continental Shelf (UKCS), by acquiring Spirit Energy’s share in the asset.

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Fossil Energy

New oil discovery springs up in Norwegian waters

Aker BP has made a new oil discovery in the Norwegian Sea, off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
With final permits in place, Galveston LNG Bunker Port gears up for 2027 launch
Fossil Energy

With final permits in place, Galveston LNG Bunker Port gears up for 2027 launch

Galveston LNG Bunker Port (GLBP), a joint venture (JV) between Seapath and Pilot LNG, is set to progress toward a final investment decision (FID), having received necessary construction authorizations from the U.S. Army Corps of Engineers and U.S. Coast Guard.

about 1 year ago
DOF's four new contracts with Petrobras worth around $480 million
Fossil Energy

DOF’s four new contracts with Petrobras worth around $480 million

Norwegian vessel owner DOF Group has secured four long-term contracts with Brazil’s state-owned energy giant Petrobras that are together worth approximately $480 million. Skandi Iguaçu, which DOF describes as one of the biggest anchor handling tug and supply (AHTS) vessels ever built in Brazil with

about 1 year ago
Production capacity of 1.3 million barrels of oil per day expected by the end of 2027 offshore Guyana; Source: ExxonMobil
Fossil Energy

Guyana’s new bill to hold operators accountable for oil spills

Given the challenges many countries around the globe have faced in containing oil spills, Guyana has taken steps to avoid a similar fate by making oil and gas operators liable for environmental protection, thanks to a new legislation, which sets out a comprehensive national legal framework for oil s

about 1 year ago
A digital rendering of an LNG plant by the coast
Fossil Energy

TotalEnergies backs Canada’s low-CO2 floating LNG project

TotalEnergies Gas & Power Asia (TTEGPA), an affiliate of the French energy major TotalEnergies, has signed a long-term sales and purchase agreement (SPA) with Ksi Lisims LNG Limited Partnership to purchase liquefied natural gas (LNG) from the future plant located on Pearse Island on the northwest co

about 1 year ago
Illustration; Source: ADES
Fossil Energy

Fresh ten-year gig puts another ADES rig back in Aramco’s oil & gas orbit

ADES Group has landed a long-term contract renewal in the Kingdom of Saudi Arabia (KSA), which allows another one of its previously suspended jack-ups to return to work with Aramco, a Saudi energy giant.

about 1 year ago
New framework agreement with ConocoPhillips takes Subsea7 to Norway
Fossil Energy

New framework agreement with ConocoPhillips takes Subsea7 to Norway

Subsea7 has secured a contract with U.S. energy giant ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project in Norwegian waters. The Previously Produced Fields (PPF) are located in the Greater Ekofisk Area, approximately 290 k

about 1 year ago
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