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Fossil Energy

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Fossil Energy

Sidara’s takeover of Wood back on the table

Wood has been approached by architecture and engineering consultancy Dar Al-Handasah Consultants Shair and Partners Holdings (Sidara) regarding a possible takeover.

about 1 year ago

Fossil Energy

Recently established company taps OneSubsea for subsea wellhead technology

Houston-headquartered Innovex International, established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, has signed a master service agreement with SLB OneSubsea for the supply of subsea wellhead technology. Dril-Quip, a developer, manufacturer and provider of highly engine

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about 1 year ago

Fossil Energy

Another oil & gas discovery for Galp in Namibia’s Orange Basin

Portuguese oil and gas company Galp has found light oil and gas condensate in the fifth well within its second exploration and appraisal program in the Orange Basin offshore Namibia.

about 1 year ago

Chevron-operated Leviathan gas asset; Source: NewMed Energy

Fossil Energy

Chevron and partners seek additional capacity boost at Mediterranean gas field

Chevron and its partners in a giant natural gas field project off the coast of Israel have submitted an updated reservoir development plan to the Petroleum Commissioner at the Ministry of Energy and Infrastructures for an additional expansion of the field’s capacity.

about 1 year ago

Fossil Energy

Offshore Energy Amsterdam 2025 exhibition floor 70% booked

This is an article by Navingo, owner of the Offshore-Energy.biz media brand and the organiser of the annual Offshore Energy Exhibition & Conference in Amsterdam. The year has just started but the exhibition floor for Offshore Energy Exhibition & Conference (OEEC) 2025 in November is filling up quick

about 1 year ago

Fossil Energy

Italy’s Edison refuels TUI Cruises newbuild with LNG in Adriatic Sea

Italian utility company Edison has refueled the newbuild Mein Schiff Relax, a cruise ship owned by Germany’s TUI Cruises, with LNG in the Adriatic Sea.

about 1 year ago

Fossil Energy

Equinor puts drones to work to survey methane emissions

Norwegian state-owned energy company Equinor has awarded a Denmark-based green tech scaleup with a multi-million euro contract to survey methane emissions from all Norwegian assets using drones. The Danish company Explicit has been contracted to survey 39 offshore platforms located on the Norwegian

about 1 year ago

Fossil Energy

Tokyo Gas finalizes Philippine LNG terminal stake buy

Tokyo Gas has completed its acquisition of equity ownership in FGEN LNG Corporation (FGEN LNG), a subsidiary of First Gen Corporation (First Gen), which owns and operates an offshore floating liquefied natural gas (LNG) terminal in Batangas City, the Philippines.

about 1 year ago

Fossil Energy

Europe cranks up the heat on Russia’s shadow fleet with latest sanctions package

The European Council has adopted the 16th package of sanctions against Russia to ‘ramp up’ the pressure on the country’s so-called ‘shadow’ fleet as well as curb attempts to circumvent the measures. Now well into its fourth year, Russia’s aggression on Ukraine continues to disturb the balance of glo

about 1 year ago

People standing on stage with confetti falling down

Fossil Energy

Keel laid for Indonesia’s first FLNG unit

China-based provider of clean energy services Wison New Energies (WNE) has held the keel laying ceremony for a floating liquefied natural gas (FLNG) unit set to be deployed at a project Malaysia’s investment holding and management player Genting is developing offshore Indonesia.

about 1 year ago

Fossil Energy

ExxonMobil, Mitsui and Woodside investing $200M in Australian gas project

Esso Australia, an Australian affiliate of ExxonMobil, and its co-venture partners Mitsui and Woodside Energy are planning to invest almost $200 million into a project offshore Australia that will bring additional gas supply from the Gippsland Basin online. The Kipper 1B Project will use the VALARIS

about 1 year ago

Fossil Energy

Saipem and Subsea7 unveil merger plan

Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with UK-based energy player Subsea7.

about 1 year ago

Shell recently brought online its new FPSO Penguins; Source: Sevan

Fossil Energy

Rekindled Shell-BP merger rumor mill going wild: Wishful thinking or real possibility?

Speculation is running rampant over a potential business combination between two oil majors, with the energy industry abuzz over the alleged merger between the UK-headquartered Shell and BP and the implications such a mega consolidation move could have on the global scene.

about 1 year ago

Fossil Energy

Allseas preps for huge subsea pipeline job at Brazil’s supergiant ultra-deepwater oil field

Switzerland-headquartered contractor Allseas has put the wheels into motion to get ready for its new assignment at Brazil’s second largest oil field.

about 1 year ago