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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsFPSO & VesselsExploration & ProductionRigsAuthorities & GovernmentOutlook & StrategyProject & TendersRegulation & PolicyRules & RegulationVesselsDecommissioningSubseaEnvironmentOperations & MaintenanceResearch & DevelopmentVisionLiquefied Natural GasMarket OutlooksCollaborationAmmoniaClean FuelLow-Carbon TransitionCarbon Capture Usage & StorageCertification & ClassificationInfrastructureIT & Software
Several people shoveling dirt at a groundbreaking ceremony
Fossil Energy

WATCH: Nigeria’s gas ‘revolution’ pressing forward with inauguration of 5 mini LNG plants

The Nigerian National Petroleum Corporation (NNPC) and its partners have held a ground-breaking ceremony for five mini-liquefied natural gas (LNG) plants in Ajaokuta, Nigeria’s Kogi State.

about 1 year ago
FPSO Baobab Ivoirien MV10; Source: Svenska
Fossil Energy

FPSO refurbishment coming soon to prolong oil production to 2038 or longer

Vaalco Energy has confirmed a timeline for the departure of a floating production, storage, and offloading (FPSO) vessel, operated by Canadian Natural Resources International (CNRI), from a deepwater oil field off the coast of Côte d’Ivoire in Africa.

about 1 year ago
Vår Energi approved to conduct more North Sea drilling
Fossil Energy

Vår Energi approved to conduct more North Sea drilling

The Norwegian Offshore Directorate (NOD) has granted a drilling permit to Norwegian oil & gas player Vår Energi for another wildcat well in the North Sea. The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds a 50% operating stake, with partners Petoro and Aker BP

about 1 year ago
A large vessel at sea
Fossil Energy

SBM Offshore and MISC wrap up FPSO stake swap

The Netherlands’ SBM Offshore has completed the exchange of interests in two FPSO vessels with Malaysia’s MISC Berhad (MISC).

about 1 year ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Fossil Energy

With 1,500 wells due for decommissioning by 2030, NSTA calls for new P&A tech trials

Since around 1,500 wells will be due for decommissioning in the UKCS between 2026 and 2030, the UK regulator North Sea Transition Authority (NSTA) said that this represents an opportunity for operators to test and adopt new well plugging and abandonment (P&A) technologies to cut costs and improve ef

about 1 year ago
A helicopter mid-flight
Fossil Energy

Norwegian firm picked to operate offshore flights for Equinor

Norwegian state-owned energy giant Equinor has awarded compatriot Lufttransport RW the operation of five new helicopters which will be used to transport passengers to offshore assets on the Norwegian Continental Shelf (NCS).

about 1 year ago
Santos awards $40M helicopter services contract in Timor-Leste
Fossil Energy

Santos awards $40M helicopter services contract in Timor-Leste

Australian energy player Santos has awarded a joint venture formed in 2020 with a $40 million contract for the delivery of helicopter transportation services in Timor-Leste. Under the contract structured for an initial 12-month period with options for two six-month extensions, Weststar-GAP Aviation

about 1 year ago
A large vessel at dock
Fossil Energy

Venture Global and Baker Hughes expand collab on US LNG plants

U.S. liquefied natural gas (LNG) export project developer Venture Global has placed an order with energy company Baker Hughes for equipment for its LNG projects in the United States. The duo has also signed a multi-year services frame agreement.

about 1 year ago
A large vessel at sea
Fossil Energy

Petrobras credits Santos Basin fields for uptick in oil & gas reserves

Brazil’s state-owned oil and gas giant Petrobras has recorded an increase in its proven reserves of oil, condensate, and natural gas in 2024 compared to the previous year.

about 1 year ago
Halliburton
Fossil Energy

Halliburton scores its largest service contract with Petrobras

U.S.-headquartered oilfield services company Halliburton has secured what it says is its largest service contract with Brazil’s oil & gas giant Petrobras, for the delivery of offshore drilling services. Under the contract that is a result of a competitive process, Halliburton will provide integrated

about 1 year ago
MODEC and TOYO receive stamp of approval for blue ammonia FPSO
Fossil Energy

MODEC and TOYO receive stamp of approval for blue ammonia FPSO

MODEC and TOYO have jointly designed the Blue Ammonia FPSO which will produce ammonia from the gas supplied by oil and gas FPSO located nearby.

about 1 year ago
A man sitting behind a desk looking at an illustration of a vessel on two computer screens
Fossil Energy

Digital twin tech helping BP optimize offshore operations across three continents

UK-headquartered energy giant BP has signed a new contract with digital twin software provider Aize enabling the latter to provide visualization services for various offshore assets operated by the UK firm.

about 1 year ago
A tugboat
Fossil Energy

Svitzer bags long-term towage job at Oman’s LNG terminal

Svitzer has signed a contract with Oman LNG, a joint venture company between the Government of the Sultanate of Oman and seven global energy players, to provide towage services at a liquefied natural gas (LNG) terminal near the town of Sur, Oman.

about 1 year ago
TotalEnergies contract takes Stena drillship to Suriname
Fossil Energy

TotalEnergies contract takes Stena drillship to Suriname

French energy firm TotalEnergies has awarded offshore drilling contractor Stena Drilling with a contract under which its drillship will be deployed in Suriname. Under the contract, the Stena DrillMAX will be used for managed pressure drilling of one exploration well for TotalEnergies EP Suriname B.V

about 1 year ago
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