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Fossil Energy

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FPSO & VesselsLow-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageExploration & ProductionTechnologyTransitionDecommissioningProject & TendersRigsPipesSubseaLiquefied Natural GasSurveys & InterventionsVessels & VehiclesOutlook & StrategyVesselsEnvironmentRegulation & Policy
FPSO Agogo; Source: Yinson Production
Fossil Energy

Yinson Production names world’s first FPSO sporting post-combustion carbon capture tech

Yinson Production has held a naming and sailaway ceremony for an FPSO destined to operate off the coast of Angola, which is said to be the first of its kind that has been equipped with a post-combustion carbon capture pilot system to decarbonize operations.

about 1 year ago
An offshore platform
Fossil Energy

Shell taps Asian duo for ‘first major’ decom project offshore Brunei

Serikandi Hilong, a joint venture (JV) between Brunei’s Serikandi Oilfield Services and Hilong Group’s Hong Kong-based affiliate Hilong Marine Engineering, has won a contract with Brunei Shell Petroleum (BSP), a subsidiary of the oil major Shell, for the engineering, preparation, removal, and dispos

about 1 year ago
Shelf Drilling Scepter rig; Source: Shelf Drilling
Fossil Energy

Chevron keeps offshore oil & gas search going by lengthening Shelf Drilling rig’s stay

Shelf Drilling (SHLF) has secured more drilling time with the U.S.-based energy giant Chevron for one of its jack-up rigs working off the coast of West Africa.

about 1 year ago
An offshore platform
Fossil Energy

Occidental selling upstream assets to slash debt

Occidental (Oxy) has made progress on its debt-reduction plan by reaching a near-term debt repayment target and signing two agreements to divest upstream assets to undisclosed buyers.

about 1 year ago
Al Shaheen field in Qatar; Source: North Oil Company (NOC)
Fossil Energy

UK player staying on duty at giant oil field offshore Qatar for five more years

EnerMech has landed a multi-year contract extension with North Oil Company (NOC), a joint venture between QatarEnergy (70%) and TotalEnergies (30%), for work at an oil asset, which is said to be the largest field off the coast of Qatar.

about 1 year ago
Valaris DPS-5 rig; Source: Lukoil
Fossil Energy

Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs

Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning geographies.

about 1 year ago
Stella Maris CCS; Source: Altera Infrastructure
Fossil Energy

Yinson Production broadens its carbon capture and storage horizons with Stella Maris CCS buy

Yinson Production has opened itself up to new decarbonization inroads with the acquisition of Norway-based Stella Maris carbon capture and storage (CCS) business that aims to unlock large-scale floating collection, transport, and offshore storage of CO2.

about 1 year ago
Calcasieu Pass facility; Source: Venture Global LNG
Fossil Energy

More US LNG coming to market in mid-April with start-up of commercial ops at Calcasieu Pass

Venture Global has disclosed a date for the beginning of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States.

about 1 year ago
FPSO Petrojarl I; Source: Altera Infrastructure
Fossil Energy

39-year-old FPSO ready for redeployment as it changes hands

A 1986-built floating production, storage, and offloading (FPSO) vessel, seen as capable of supporting early-phase and tail-phase production at offshore oil fields given its experience to date, is getting a new owner, which intends to find a new job for the unit in regions such as Vietnam, Suriname,

about 1 year ago
Illustration; Source: Scana-owned Seasystems
Fossil Energy

Multimillion-dollar FLNG mooring deal ends up in Scana’s workbook

Norway-based Seasystems, a Scana-owned mooring solutions business for floating structures, has received a new order to deliver mooring equipment for a floating liquefied natural gas (FLNG) project to an undisclosed company.

about 1 year ago
FSO Palanca; Source Stapem Offshore
Fossil Energy

Boost in oil reserves ahead of rig activity spotlights Angolan offshore block’s potential

Afentra has confirmed that hydrocarbon production from a block off the coast of Angola is offset by a growth in reserves based on the latest Competent Person’s Report (CPR) for Block 3/05, conducted by ERC Equipoise (ERCE).

about 1 year ago
Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and CEO of QatarEnergy; Source: QatarEnergy
Fossil Energy

QatarEnergy’s CEO pins oil, gas, and renewables as ingredients of ‘resilient’ energy supply

While discussing the tools required to meet energy demands and move forward with the transition to low-carbon and green sources of supply, the CEO of QatarEnergy has emphasized the importance of diversifying the energy mix by feeding oil and gas alongside renewable energy to its global arsenal.

about 1 year ago
After recent contract termination, DOF vessel returns to Gulf of Mexico for two subsea gigs
Fossil Energy

After recent contract termination, DOF vessel returns to Gulf of Mexico for two subsea gigs

Norwegian vessel owner DOF Group has secured two subsea construction projects for its subsea vessel Skandi Implementer in the Gulf of Mexico/America with two international oil companies. Skandi Implementer, which recently departed Mexico following contract termination after payment default from a cl

about 1 year ago
ExxonMobil's FPSO Liza Unity operates offshore Guyana; Source: SBM Offshore
Fossil Energy

ExxonMobil’s seventh oil project off Guyana takes step forward with EIA submission

ExxonMobil has handed over its environmental impact assessment (EIA) for the development of its seventh oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
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