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Fossil Energy

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Oil & GasBusiness Developments & ProjectsExploration & ProductionOperations & MaintenanceLiquefied Natural GasBusiness & FinanceVesselsLow-Carbon TransitionRigsProject & TendersHydrogenSubseaOutlook & StrategySurveys & InterventionsCarbon Capture Usage & StorageCollaborationTransitionVisionAmmoniaClean FuelInfrastructureFPSO & VesselsAuthorities & GovernmentRegulation & Policy
An offshore platform
Fossil Energy

Stimulation ops underway at Canadian firm’s gas field off Türkiye

Canada’s oil and gas player Trillion Energy is pressing on with stimulating natural gas production at a field off the coast of Türkiye following weather-induced delays.

about 1 year ago
Sale of Golar Arctic LNG carrier marks Golar's exit from LNG shipping business arena
Fossil Energy

Bermuda player takes its leave from LNG shipping scene with vessel disposal

Golar LNG has taken steps to divest a 22-year-old liquefied natural gas (LNG) carrier, bidding farewell to the LNG shipping segment in the process, as this ship is the last LNG carrier in the Golar fleet.

about 1 year ago
Topside for the Quiluma offshore wellhead platform; Source: Saipem
Fossil Energy

Saipem, BP & Eni JV cheer ‘major’ achievement toward start-up of first non-associated gas project (Gallery)

Saipem has outlined the inroads made in putting a natural gas project, said to be Angola’s first non-associated gas development, into operation mode, with the construction of a gas production topside for an Angola-bound offshore platform.

about 1 year ago
Transocean Endurance rig; Source: Songa Offshore/Transocean
Fossil Energy

Transocean rig trio’s ongoing drilling gigs get an encore

Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia.

about 1 year ago
A large vessel at sea
Fossil Energy

Trafigura buying oil from Brazilian player’s Santos Basin field

Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former’s field in the Santos Basin offshore Brazil.

about 1 year ago
Three large tanks by the coast
Fossil Energy

LNG, CCS, and hydrogen lighting revamped Inpex’s path to ‘responsible’ energy transition

Japan’s energy company Inpex has introduced a series of organizational and branding changes intended to strengthen its business framework in line with its new strategy for the next ten years.

about 1 year ago
Dorado drillship; Source: Pelago Management
Fossil Energy

Rig poised to seek drilling gigs across continents as Vantage gets marketing rights

Vantage Drilling has secured a marketing deal for a newbuild ultra-deepwater drillship, owned by Eldorado Drilling, an offshore drilling player backed by a group of Norwegian investors.

about 1 year ago
Norwegian firm to assess carbon storage potential in Australia's offshore basin
Fossil Energy

Norwegian firm to assess carbon storage potential in Australia’s offshore basin

Norway-based energy data and intelligence company TGS and Australian commercial-scale carbon capture and storage (CCS) project developer and operator deepC Store have joined forces on carbon storage assessment in the Browse Basin offshore Australia. The partners entered into an agreement to carry ou

about 1 year ago
Golden Pass LNG (GPX) export terminal; Source: Golden Pass LNG
Fossil Energy

More gas for $10B Golden Pass LNG as it pools resources with Entergy Texas and Kinder Morgan

Intending to fuel Southeast Texas’ natural gas growth to address the rising energy demand, Entergy Texas has joined forces with Kinder Morgan (KMI) and Golden Pass liquefied natural gas (LNG) terminal (GPX) export project in Sabine Pass, Texas.

about 1 year ago
A woman and a man sitting in armchairs with four people standing behind them
Fossil Energy

Brazil and India bolster oil & gas collaboration with deal trifecta

Brazil’s state-owned energy giant Petrobras has signed two memoranda of understanding (MOUs) and one framework agreement with India’s state energy firms for cooperation in various areas related to the oil and gas segment.

about 1 year ago
Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project
Fossil Energy

Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project

Norwegian clean energy company Horisont Energi has signed the first non-binding term sheet to secure gas supply for its Barents Blue project, a clean ammonia plant located at Markoppnes in Northern Norway.

about 1 year ago
Illustration; Source: ARO Drilling
Fossil Energy

Rig construction of third out of 20 planned newbuilds set in motion with ARO-IMI deal

As the ink dries on the contract between ARO Drilling and International Maritime Industries (IMI), it marks the opening of the construction chapter for a third in a series of 20 planned newbuild Saudi-operated and manufactured offshore jack-up rigs, which the offshore drilling player intends to depl

about 1 year ago
Rendering of BP's Kaskida offshore platform in the Gulf of Mexico; Source: Exmar Offshore/BP
Fossil Energy

BP books Singapore firm for another Gulf of America-bound floating production unit

Seatrium has secured a job ahead of a newbuild floating production unit (FPU), destined for a deepwater project operated by BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, in the Gulf of America, former Gulf of Mexico.

about 1 year ago
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes); Source: BP
Fossil Energy

26 offshore blocks up for grabs in Trinidad and Tobago’s 2025 deepwater oil & gas bid round

Trinidad and Tobago has initiated its new bidding round to boost hydrocarbon exploration and production in this Caribbean twin-island country located off the northern edge of the South American mainland.

about 1 year ago
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