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Fossil Energy

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Two contracts for huge Black Sea gas project reel in $10 million for Expro
Fossil Energy

Two contracts for huge Black Sea gas project reel in $10 million for Expro

U.S.-headquartered energy services provider Expro has secured two contracts with Southeastern Europe’s integrated energy player OMV Petrom worth over $10 million for what is said to be the largest natural gas project in the Romanian Black Sea. The contracts described as major involve Expro’s subsea

about 1 year ago
Several men standing inside of a large metal tank
Fossil Energy

GTT to design tanks for Asian shipowner’s LNG newbuild pair

An Asian shipyard has placed an order with French technological containment specialist Gaztransport & Technigaz (GTT) for the tank design of two new liquefied natural gas carriers (LNGCs) it is building for an Asian shipowner.

about 1 year ago
MacGregor crane to be fitted onto China-built dive support vessel
Fossil Energy

MacGregor crane to be fitted onto China-built dive support vessel

MacGregor, part of Cargotec, has secured a contract for the delivery of a 100T AHC crane for a dive support vessel (DSV) being built in China. The crane delivery to the Guangzhou Salvage shipyard, for the vessel owned by Saudi Arabian Jana Marine Service Company (JMS), is scheduled in the second qua

about 1 year ago
An offshore platform
Fossil Energy

Colombia upping regasification ante to tackle looming gas shortage

Colombia’s state-owned oil and gas company Ecopetrol has handed out a contract to compatriot Puertos, Inversiones y Obras (PIO) to provide regasification services in the country’s Pacific Coast area.

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

WATCH: Yinson Production’s FPSO equipped with carbon capture tech sets off on deepwater testing mission

Yinson Production has seen its floating production, storage, and offloading (FPSO) vessel off as it left a Chinese shipyard for deepwater testing before making its way to Angolan waters, where it will work for Azule Energy, a joint venture between BP and Eni.

about 1 year ago
Three-year seismic capacity reservation deal expands Shearwater and TotalEnergies’ collab
Fossil Energy

Three-year seismic capacity reservation deal expands Shearwater and TotalEnergies’ collab

Norwegian marine geoscience and technology company Shearwater GeoServices and France’s energy giant TotalEnergies have expanded their collaboration with the signature of a three-year firm capacity reservation agreement (CRA) for global marine seismic streamer acquisition services. The CRA is said to

about 1 year ago
An offshore platform
Fossil Energy

Egypt puts more offshore acreage on offer in new oil & gas round

Egypt’s Ministry of Petroleum and Mineral Resources has launched a new licensing round encompassing offshore and onshore blocks to attract investments in the country’s oil and gas production and exploration.

about 1 year ago
West Vela drillship; Source: Seadrill
Fossil Energy

Seadrill drillship staying busy with US drilling campaign thanks to multimillion-dollar extension

Talos Energy has decided to keep a drillship, owned by Seadrill, an offshore drilling contractor, occupied with additional drilling into September 2025.

about 1 year ago
Rio Grande LNG terminal; Courtesy of NextDecade
Fossil Energy

US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG

Given the worldwide spike in total demand for natural gas, Houston-headquartered NextDecade is contemplating further capacity expansion of its liquefied natural gas (LNG) export terminal at the Port of Brownsville, Texas.

11 minutes read
View of a dock with a large vessel in the background
Fossil Energy

US firm to bring compatriot pump manufacturer into its fold for $2B

U.S.-based technology firm Honeywell has agreed to buy compatriot pump and compressor player Sundyne from private equity firm Warburg Pincus in an all-cash transaction.

about 1 year ago
A man seen from behind looking at the sea
Fossil Energy

Petrofac eyes April restructuring date as convening hearing is postponed

UK-headquartered oilfield services provider Petrofac has provided an update on its proposed financial restructuring.

about 1 year ago
Trion FPU concept image
Fossil Energy

Award of fiber optic contract brings remote ops to Mexican deepwater oil project

Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has secured a fiber optic project and long-term service contract with Woodside Energy that will enable remote operations at an oil project in the Gulf of Mexico/America. The fiber-based connecti

about 1 year ago
FPSO One Guyana; Courtesy of EnerMech
Fossil Energy

SBM Offshore taps UK firm for job on fourth FPSO in Guyana’s offshore oil arena

SBM Offshore has picked EnerMech for pre-commissioning work on a floating production, storage, and offloading (FPSO) vessel, which will be deployed on ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
A woman smiling
Fossil Energy

Upstream director out the door as Shell seeks to ‘delayer’ top management

UK-headquartered energy giant Shell has announced leadership changes, including the stepping down of its Integrated Gas and Upstream Director.

about 1 year ago
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