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Fossil Energy

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Fossil Energy

Brazilian FPSO ticks first oil milestone off its list before ringing in new year

Brava Energia has brought a floating production, storage, and offloading (FPSO) vessel off the coast of Brazil online, starting production at an oil field in the Santos Basin.

about 1 year ago

Fossil Energy

Noble rig lines up new drilling gig offshore Australia

Noble Corporation has landed a new assignment for one of its semi-submersible rigs off the coast of Australia.

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about 1 year ago

Fossil Energy

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago

Fossil Energy

2024 energy plays in review: Uptick in renewables and clean tech, but oil & gas still hold energy security keys

As another turbulent year for the energy markets, 2024 witnessed a further escalation in geopolitical tensions and conflicts, leading to a mixed bag of achievements, missed opportunities, and rough energy seas not only for the goal of tripling clean sources of supply but also for dominant fossil fue

50 minutes read

Fossil Energy

Fresh oil & gas-condensate discovery comes to light in Namibia

Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appraisal (E&A) program in license PEL 83 off the coast of Namibia.

about 1 year ago

Fossil Energy

Ukrainian player welcomes first US LNG cargo

Ukraine’s DTEK Group has taken delivery of its first liquefied natural gas (LNG) shipment from the United States which is expected to bolster the country’s energy security.

about 1 year ago

Fossil Energy

Noble rig scores multi-well drilling gig offshore Suriname

Noble Corporation has got a new drilling assignment off the coast of Suriname, which will be conducted by its 2009-built semi-submersible rig, currently stationed in Trinidad and Tobago.

about 1 year ago

Fossil Energy

Hat trick for Brazil’s oil & gas firm with FPSO start-up clearance, production restart at another field and portfolio expansion

Brava Energia, former 3R Petroleum before the merger with Enauta, is having a busy holiday season, as green light comes in for the firm to put a floating production, storage, and offloading (FPSO) vessel into operation mode, production resumes at another asset, and the acquisition of interests in mu

about 1 year ago

Fossil Energy

FPSO gets at least 18 more months of work offshore Asia

A floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Vietnam, has secured further work in the Cuu Long Basin in Southeast Asia, where it has been operating for a decade.

about 1 year ago

Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy

Fossil Energy

Baker Hughes’ gas tech picked for ‘vital’ LNG development project in North America

Baker Hughes has won a liquefaction equipment order for a proposed liquefied natural gas (LNG) terminal in Louisiana, United States, ahead of the project’s final investment decision (FID), which is expected next year.

about 1 year ago

Fossil Energy

Subsea7 expands its scope for giant Black Sea gas project with IRM services

Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for Türkiye’s largest natural gas field. The contract for the Sakarya gas field development in the Black Sea includes project management and engineer

about 1 year ago

Fossil Energy

New York fires $75 billion shot for Big Oil to foot the landmark climate ‘superfund’ bill

As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution effects by establishing a new climate fund, described as landmark legislation to strengthen the state’s climate endeavors and environmental

about 1 year ago

Fossil Energy

Rex ending the year with corporate restructuring to pursue growth opportunities

Masirah Oil, an affiliate of Singapore’s oil exploration and production company Rex International Holding, has repurchased some shares from its wholly-owned subsidiary, Rex Oman.

about 1 year ago

Saipem's pipelayer en route to Türkiye's largest natural gas field

Fossil Energy

Saipem’s Castorone en route to Türkiye’s largest natural gas field for pipeline installation

Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye’s largest natural gas field. On its way to the Sakarya project, Castorone crossed the Dardanelles Strait early on December 26, covering a distance of

about 1 year ago