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Fossil Energy

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Rio Grande LNG terminal; Courtesy of NextDecade
Fossil Energy

Court changes its mind: Construction of American LNG project emerging out of legal woods

Houston-headquartered energy player NextDecade Corporation has cheered the revised court judgment regarding its liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas. The decision is perceived to remove the question mark hanging over the construction of this LNG project, whic

about 1 year ago
Noble Resolute; Source: Petrogas
Fossil Energy

Noble rig instrumental to Petrogas’ gas extraction ‘milestone’ in Dutch waters

Petrogas has tucked a new natural gas extraction achievement under its belt off the coast of the Netherlands, thanks to drilling operations undertaken with one of Noble Corporation’s harsh environment jack-up rigs.

about 1 year ago
Rawabi Vallianz offshore jack-up barge (JUB) 610; Source: Ocean Oilfield
Fossil Energy

UAE player wraps up refurbishment and activation job for jack-up barge

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has finished its upgrade activation assignment for a jack-up barge, awarded by Rawabi Vallianz.

about 1 year ago
CP2 LNG; Source: Venture Global
Fossil Energy

US gives the go-ahead for Venture Global’s proposed $28 billion LNG export project in Louisiana

U.S. Secretary of Energy has now given its blessing for a proposed multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, operated by Venture Global, an American producer of LNG sourced from North American basins.

about 1 year ago
Illustration; Source: Petrobras
Fossil Energy

Baker Hughes’ tech to enhance oil & gas production across Petrobras’ deepwater fields

Baker Hughes has won a new assignment with Brazil’s state-owned energy giant Petrobras, which will enable the firm to supply fully integrated completions for the South American player’s offshore fields with solutions supporting remote operations in deepwater fields and allowing real-time response to

about 1 year ago
FLNG Gimi works on BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Fossil Energy

Bermuda firm and Chinese players sign on dotted line for FLNG’s $1.2 billion debt refinancing

Golar LNG has inked finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for a floating LNG (FLNG) unit, which is working for the UK-headquartered BP.

about 1 year ago
Kongsberg
Fossil Energy

TEN orders 9 eco-friendly shuttle tankers in South Korea for Petrobras charter

South Korea’s major Samsung Heavy Industries (SHI) has clinched a ‘major’ contract worth KRW 1.9 trillion (approximately $1.34 billion) for the construction of nine environmentally friendly DP2 Suezmax shuttle tankers. As disclosed in a stock exchange filing by SHI, the newbuilds are due for deliver

about 1 year ago
PLSV Skandi Buzios; Source: DOF
Fossil Energy

Petrobras keeping 2016-built pipelay support vessel busy offshore Brazil

Brazil’s state-owned energy giant Petrobras has prolonged the assignment of a pipelay support vessel (PLSV), owned and operated by a joint venture between Norway’s DOF Group and TechnipFMC.

about 1 year ago
FPSO Petrojarl I; Courtesy of Amplus Energy
Fossil Energy

UK contractor chosen to oversee 1986-built FPSO’s transition as new owner takes over

Amplus Energy has picked V.Ships Offshore to handle the change in ownership for a 39-year-old FPSO.

about 1 year ago
Illustration; Source: DOF Group
Fossil Energy

‘Large-scale’ multi-million subsea job taking DOF vessel sextet to Africa

DOF Group has tucked a new subsea umbilicals, risers, and flowlines (SURF) assignment under its belt, which will enable it to work on an energy project off the coast of Africa.

about 1 year ago
FPSO Jaguar hull; Source: SBM Offshore
Fossil Energy

ExxonMobil books New Wave Offshore for work on its $12.7B oil project in Guyana

ExxonMobil has hired New Wave Offshore Energy to handle marine warranty survey (MWS) services for its sixth deepwater oil development project at the Stabroek block off the coast of Guyana.

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put

With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty surrounding

about 1 year ago
Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in
Fossil Energy

Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in

A subsea vessel owned by Norwegian shipping company Solstad Offshore has secured another contract with Subsea7, extending its work for the company for another two years, potentially longer. Normand Subsea, a versatile inspection, maintenance, and repair (IMR) vessel, has been on contract with Subsea

about 1 year ago
An offshore platform at sunset
Fossil Energy

Rex confirms resource estimate for oilfield redevelopment offshore Benin

Singapore’s Rex International Holding Limited has disclosed the updated results of an independent qualified person’s report (QPR) for its oilfield off the coast of Benin.

about 1 year ago
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