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Fossil Energy

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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
Deepsea Bollsta rig; Source: Northern Ocean
Fossil Energy

Odfjell Drilling-managed rig to spud wildcat pair offshore Norway

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has received a drilling permit from the country’s authorities for a wildcat well duo in the Norwegian Sea, enabling it to undertake drilling activities this month with a semi-submersible rig managed by Odfjell Drillin

about 1 year ago
Noble Interceptor rig; Source: Noble Corporation
Fossil Energy

Noble tucks CCS rig tech milestone under its belt

U.S.-headquartered offshore drilling giant Noble Corporation has confirmed the receipt of a certificate related to carbon capture and storage (CCS) rig technology from DNV, an energy expert and assurance provider.

about 1 year ago
Bridgemans' floatel; Courtesy of Woodfibre LNG
Fossil Energy

Canada’s multi-billion LNG project seeks permit for new floatel to create 900 more jobs

Woodfibre Management, a privately held Canadian company based in Vancouver, is putting the wheels in motion to clear the regulatory hurdles to bring a second floating workforce accommodation, also known as floatel, to its operated $5.1 billion liquefied natural gas (LNG) export project, under develo

about 1 year ago
An offshore rig
Fossil Energy

Moldova inks ‘historic’ Black Sea gas deal to bolster energy security

Moldova’s state-owned energy company Energocom has signed what it says is its first long-term gas purchase contract with Southeastern Europe’s integrated energy player OMV Petrom.

about 1 year ago
Illustration; Source: BOEM
Fossil Energy

Offshore drilling nonfans flex legal muscle to hinder Trump’s oil & gas exploration zest

The Surfrider Foundation is among the members of a coalition of conservation organizations represented by Earthjustice, which have banded together to take legal action against the Trump administration to prevent the approval of new offshore drilling plays in U.S. waters.

about 1 year ago
The GTA hub, including a floating LNG vessel; Source: BP
Fossil Energy

BP taps Oceaneering for subsea work on giant gas field

Oceaneering has got hold of a multi-year subsea assignment on BP’s natural gas field offshore Mauritania and Senegal, said to be the biggest project in the UK-headquartered energy giant’s portfolio.

about 1 year ago
Normand Turquesa vessel at sea
Fossil Energy

Petrobras keeping Solstad vessel busy until 2030

Brazil’s state-owned energy giant Petrobras has booked an anchor handling tug supply (AHTS) vessel from the fleet of Norwegian shipping company Solstad Offshore.

about 1 year ago
Two men on an offshore platform
Fossil Energy

Safety tech provider lands long-term deal with ‘major’ North Sea oil & gas player

Safety technology provider Dräger Marine & Offshore (DMO) has secured a long-term deal for a North Sea oil and gas operator to continue to use its portable gas detection and breathing apparatus systems.

about 1 year ago
USV Challenger; Courtesy of DeepOcean's USV JV
Fossil Energy

DeepOcean, Solstad and Østensjø Rederi bid welcome to new uncrewed vessel for subsea realm

USV, a joint venture company established by Solstad Offshore, Østensjø Rederi, and DeepOcean, has enriched its fleet with a newbuild uncrewed surface vessel (USV), envisioned for subsea survey, inspection, maintenance, and repair (IMR) work across offshore energy industries.

about 1 year ago
An offshore rig
Fossil Energy

More black gold for Murphy offshore Vietnam

Houston-based oil and gas company Murphy Oil has found oil in the Cuu Long Basin offshore Vietnam.

about 1 year ago
Port of Gdańsk; Source: Gaz-System
Fossil Energy

Appeal fails to topple Polish-Turkish consortium as FSRU contractor

With the appeal procedure now out of the way, Poland’s gas transmission system operator Gaz-System has confirmed that the previously chosen general contractor remains the right pick for the job of bringing to life the offshore section of the country’s floating storage and regasification unit (FSRU),

about 1 year ago
LNG carrier
Fossil Energy

LNG shipping platform finds new owner

Global alternative asset manager Apollo has signed a deal with HitecVision, an investor in the European energy industry, to acquire the maritime liquefied natural gas carrier (LNGC) infrastructure platform Hav Energy LNG through its managed Apollo Funds.

about 1 year ago
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