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Fossil Energy

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Oil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersLiquefied Natural GasFPSO & VesselsAlternative FuelsClean FuelGreen MarineLNGPorts & InfrastructureInfrastructurePorts & LogisticsTransitionOperations & MaintenanceDeepwater InstallationPipesProduction & ProcessingOutlook & StrategyLow-Carbon TransitionAuthorities & GovernmentRegulation & PolicyRules & Regulation
Illustration; Source: SLB
Fossil Energy

Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP

Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.

about 1 year ago
An offshore rig
Fossil Energy

Trinidadian field goes live as BP’s second ‘major’ gas project this year

BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has delivered first gas at its project offshore Trinidad and Tobago.

about 1 year ago
Brunsbüttel LNG terminal; Source: RWE
Fossil Energy

Germany on energy security mission: Worley to breathe life into LNG terminal’s next chapter

Worley has been tasked with bringing the next phase of a liquefied natural gas (LNG) terminal in Germany to life, thanks to a deal with Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four terminals.

about 1 year ago
A vessel at sea viewed from a distance with mountains and forest in the background
Fossil Energy

Canada moves closer to natural gas exports as ‘first-ever’ LNG carrier reaches its west coast

LNG Canada, a joint venture company comprising Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has received its inaugural liquefied natural gas (LNG) shipment that will be used for testing at its export terminal in Kitimat, Canada’s British Columbia.

about 1 year ago
Mahogany A platform; Source: Energy Chamber of Trinidad and Tobago
Fossil Energy

BP’s fourth subsea gas project is a go as new discovery springs up in Trinidad and Tobago

BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has found more gas and taken a final investment decision (FID) for a natural gas project off Trinidad’s southeast coast.

about 1 year ago
An offshore platform
Fossil Energy

UK firm broadens US presence with deepwater assets buy

London-based INEOS Energy has completed the acquisition of the U.S. Gulf business previously held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Corporation (CNOOC) International. According to INEOS Energy, the deal increases its production globally to over 90

about 1 year ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Fossil Energy

Brazilian FPSO on track to change hands by month end

Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

about 1 year ago
Bridge leading to an offshore platform
Fossil Energy

Indian player wins ‘landmark’ contract for giant field off Qatar

Larsen & Toubro (L&T), an Indian multinational enterprise engaged in engineering, procurement, and construction (EPC), has won a contract with QatarEnergy LNG, a subsidiary of Qatar’s state-owned energy giant QatarEnergy.

about 1 year ago
Crowley
Fossil Energy

Crowley unveils LNG microgrid plan at San Juan logistics hub

Crowley, a US-owned and operated maritime, energy, and logistics solutions company, is set to install a microgrid fueled by liquefied natural gas (LNG) at its Isla Grande logistics terminal in Puerto Rico’s capital city of San Juan. As disclosed in late March this year, the energy system was envisio

about 1 year ago
An offshore platform
Fossil Energy

Petrofac’s year off to a ‘great’ start with $500M worth of contracts in the bag

The Asset Solutions division of the UK-headquartered oilfield services provider Petrofac has won multiple scope expansion and new contracts across several continents.

about 1 year ago
Akcakoca platform; Source: Trillion Energy
Fossil Energy

Gas production boost coming up next on giant Black Sea field’s horizon

Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.

about 1 year ago
Middle East and Guyana on schedule for Saipem under two contracts worth $720M
Fossil Energy

Middle East and Guyana on schedule for Saipem under two contracts worth $720M

Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r

about 1 year ago
The Switch
Fossil Energy

US throws off the regulatory shackles of red tape snags to unlock LNG export bonanza

The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements.

about 1 year ago
LNG terminal at night
Fossil Energy

Sempra divesting ‘non-core’ assets to focus on US utilities

North America’s energy company Sempra has decided to sell one subsidiary and divest a minority stake in another one to simplify its portfolio and support the growth of its Texas and California utilities.

about 1 year ago
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