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Fossil Energy

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Deepwater InstallationFPSOFPSO & VesselsLow-Carbon TransitionOil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersPipesInfrastructureVesselsRigsInnovationCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyTransitionDecommissioningAuthorities & GovernmentRegulation & PolicyRules & Regulation
FPSO Fast4Ward design; Source: SBM Offshore
Fossil Energy

SBM Offshore’s Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shape

TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project.

about 1 year ago
Offshore platforms
Fossil Energy

Jersey player in the running for acreage offshore Brunei

Jersey-based and London Stock Exchange-listed upstream oil and gas company Upland Resources is being considered for the award of acreage as part of the 2025 Brunei offshore licensing round organized by the Petroleum Authority of Brunei (PAB).

about 1 year ago
Akal-C platform; Source: Pemex
Fossil Energy

Pemex patches up pipeline in the aftermath of oil spill offshore Mexico

Pemex has undertaken repair work at a pipeline, which is connected to its oil platform off the coast of Mexico, to address leaks and prevent hydrocarbon presence on the North American country’s coast.

about 1 year ago
FPSO Agogo; Source: Yinson Production
Fossil Energy

Yinson Production’s FPSO with carbon reduction kit ticks pit stop off its list as voyage to Angola continues

Yinson Production has confirmed a brief stopover in Namibia, following which its floating production, storage, and offloading (FPSO) vessel, sporting carbon capture technology to decarbonize operations, is slated to reach Angolan waters in mid-May 2025.

about 1 year ago
A large offshore platform
Fossil Energy

Prosafe emerges victorious in Petrobras’ $204 million vessel tender

The Oslo Stock Exchange-listed offshore accommodation provider Prosafe has been named the winner of a tender to supply a vessel to provide safety and maintenance support for operations by Brazilian state-owned oil and gas player Petrobras offshore Brazil.

about 1 year ago
An offshore platform
Fossil Energy

Brazilian firm ditching plans to sell Camamu Basin shallow water assets

Brazilian energy player Brava Energia has decided to end the negotiations related to the divestment process of onshore and shallow water assets in Brazil’s State of Bahia.

about 1 year ago
Trendsetter's flagship a 20,000 psi (20K) intervention system; Source: Trendsetter
Fossil Energy

Trendsetter’s 20K intervention solution gets its first action on Gulf of America oil project

Trendsetter Engineering has tucked a new milestone under its belt with the first delivery of its flagship 20,000 psi (20K) intervention system, which has been deployed from Transocean’s drillship at a deepwater oil project operated by the U.S.-headquartered Beacon Offshore Energy in the Gulf of Amer

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Fossil Energy

Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience

Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.

about 1 year ago
Illustration; Source: Petrobras
Fossil Energy

Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find

Brazilian state-owned energy giant Petrobras has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, South America.

about 1 year ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Fossil Energy

Venus rising on Namibia’s offshore horizon as TotalEnergies progresses oil field development

TotalEnergies and its joint venture (JV) partners are making inroads in the development of a giant oil discovery in the Orange Basin off the coast of Namibia.

about 1 year ago
Lorelay; Source: Allseas
Fossil Energy

Allseas on offshore pipelay duty as Porthos takes over North Sea gas assets for CCS revamp

Allseas is putting an offshore pipeline in place for a development that aims to become the first offshore CO2 transport and storage project in the European Union (EU).

about 1 year ago
Offshore platforms at sunset
Fossil Energy

‘Sharp downturn’ in green energy leads to structural changes at Aker

Norway’s industrial investment company Aker has inked two strategic agreements, one referring to the purchase of a share its subsidiary Aker Carbon Capture (ACC) holds in its joint venture with SLB, and the other to a merger with its green energy-focused affiliate Aker Horizons.

about 1 year ago
Illustration; Credit: Morten Berentsen/NOD
Fossil Energy

‘Larger’ slice for oil & gas exploration on Norway’s new offshore licensing menu

Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and gas exploration activity, covering the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and the Barents Sea.

about 1 year ago
A large vessel at sea
Fossil Energy

LNG newbuild duo finds multi-year gigs as long-term contracts gain momentum

U.S.-listed shipowner Capital Clean Energy Carriers (CCEC) has secured employment for two liquefied natural gas (LNG) carriers under construction at Hyundai Samho. The company has also provided an update on the LNG market status in Q1 2025.

about 1 year ago
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