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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionFunding & RegulationHydrogenOffshore WindProductionWind FarmsAuthorities & GovernmentInfrastructureFPSO & VesselsDecommissioningSubseaProject & TendersRigsInnovationTechnologyLiquefied Natural GasSurveys & InterventionsCollaborationOutlook & StrategyOperations & MaintenanceCarbon Capture Usage & StorageAmmoniaClean Fuel
Appomattox in U.S. Gulf of Mexico; Source: Shell
Fossil Energy

Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays

INEOS has embarked on a quest to expand its U.S. Gulf of Mexico footprint by inking a deal with CNOOC to take over its Gulf of Mexico business. The acquisition is seen as the British player’s third big investment in America over the past three years.

about 1 year ago
An aerial photo of K13-A gas platform
Fossil Energy

Dutch gov’t taking gas infrastructure into consideration for upcoming offshore wind tenders

The Nederwiek IB offshore wind site in the Netherlands, which was initially planned to be part of the upcoming tender in 2025, is expected to be added to the 2026 round as the Dutch government assesses the impact a wind farm there could have on accessing a nearby gas transfer platform. A gas project

about 1 year ago
FPSO Almirante Tamandaré; Source: Petrobras
Fossil Energy

Petrobras closing in on first oil as hookup ops for Brazil’s ‘largest’ FPSO wind down

Petrobras has finished the anchoring activities for its new floating production, storage, and offloading (FPSO) vessel, which is considered the biggest one off the coast of Brazil to date.

about 1 year ago
Man looking at an offshore platform
Fossil Energy

Expro adds 52-well P&A gig to its agenda

Energy services provider Expro has won a contract with an unnamed client for the provision of well decommissioning services during a multi-well plug and abandonment (P&A) campaign.

about 1 year ago
Noble Interceptor rig; Source: Noble Corporation
Fossil Energy

Noble signs up for Kongsberg Digital’s ‘cutting-edge’ simulator tech

Noble is bent on enhancing its operational safety and performance with simulator technology for dynamic positioning (DP) training and analysis, which will be provided by Kongsberg Digital.

about 1 year ago
LNG carrier at dock
Fossil Energy

Another Asian player signs up for Santos’ LNG

Australia’s energy giant Santos has signed a binding long-term supply and purchase agreement (SPA) with Japan’s Shizuoka Gas for the delivery of liquefied natural gas (LNG) from its portfolio.

about 1 year ago
Map; Source: QatarEnergy
Fossil Energy

QatarEnergy to enlarge its Namibian oil & gas portfolio by joining Chevron’s offshore block

QatarEnergy has set the stage to get a stake in an exploration block off the coast of Namibia, thanks to a deal with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation.

about 1 year ago
Argeo halts bankruptcy plans as industry player shows interest
Fossil Energy

Argeo nets five-year site investigation agreement with TotalEnergies, extensions possible

Norway’s subsea services provider Argeo has entered into a five-year agreement, with potential for an additional two years, with France’s energy giant TotalEnergies for offshore site investigation services. The two companies established a global framework agreement on legal terms and conditions (FAL

about 1 year ago
Appraisal well was drilled by COSL Prospector rig; Source: COSL
Fossil Energy

Vår Energi and Equinor mull over oil discovery tie-back to existing Barents Sea FPSO

Following a new oil discovery near an asset that is already in operation, Vår Energi and its Equinor, are in the process of contemplating a tie-back of their latest discovery to the existing floating production, storage, and offloading (FPSO) unit in the Barents Sea.

about 1 year ago
An LNG processing plant
Fossil Energy

LNG production starts at Venture Global’s Plaquemines plant

U.S. liquefied natural gas (LNG) export project developer, Venture Global, has achieved first production at its second plant, situated in Port Sulphur, Plaquemines Parish, Louisiana.

about 1 year ago
Perdido platform; Source: Shell
Fossil Energy

Shell sets its cap on enlarging US oil arsenal with subsea tie-back to Gulf of Mexico asset

Shell has greenlighted another multi-well development project to enrich oil production from an asset situated at a water depth of about 2,450 meters (8,040 feet) in the U.S. Gulf of Mexico (GoM), said to represent the world’s deepest floating oil platform.

about 1 year ago
An offshore platform at sunset
Fossil Energy

British firm buying into Orcadian’s North Sea assets, with eyes on ‘zero carbon energy’ development

UK-headquartered oil and gas player Orcadian Energy has inked two deals with compatriot power developer and operator of power plants, the Independent Power Corporation (IPC), and its affiliates.

about 1 year ago
FPSO Prof. John Evans Atta Mills operating on TEN fields; Source: Tullow
Fossil Energy

US oil & gas player pondering takeover of UK firm with initial talks underway

Kosmos Energy is mulling over a potential acquisition of the UK-headquartered Tullow Oil, which is set on exploring oil and gas resources in Africa.

about 1 year ago
Port-La Nouvelle
Fossil Energy

Changes in ownership follow Höegh Evi’s rebranding

Funds managed by Igneo Infrastructure Partners have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited, the 100% owner of energy infrastructure solutions provider Höegh Evi, from funds managed by Morgan Stanley Infrastructure Partners (MSIP).

about 1 year ago
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