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Fossil Energy

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Clean FuelLiquefied Natural GasOil & GasOther FuelsBusiness & FinanceBusiness Developments & ProjectsFPSO & VesselsSubseaVessels & VehiclesCollaborationOutlook & StrategyVesselsProduction & ProcessingExploration & ProductionProject & TendersVisionPipesRigs
Rendering of the Ruwais LNG concept design; Source: ADNOC
Fossil Energy

UAE’s giant LNG project lines up new deal as Inpex and ADNOC strengthen ties

Inpex Energy Trading Singapore (IETS), a Singapore-based subsidiary of Japan’s largest exploration and production (E&P) player Inpex, has struck a new deal with ADNOC Ruwais Liquefied Natural Gas (ARLNG), an UAE-based subsidiary of Abu Dhabi National Oil Company (ADNOC).

about 2 months ago
Another contract extension with Ocean Installer for Solstad’s advanced CSV
Fossil Energy

Another contract extension with Ocean Installer for Solstad’s advanced CSV

Norway’s Solstad Maritime has secured a contract extension with compatriot marine construction and operations player Ocean Installer, part of the Moreld Group, for an advanced multi-purpose offshore construction vessel built in 2014. Solstad Maritime announced today, July 7, a one-year contract exte

about 2 months ago
Equinor awards €536M in contracts for first wave of new subsea tie-back projects
Fossil Energy

Equinor awards €536M in contracts for first wave of new subsea tie-back projects

Norwegian state-owned energy giant Equinor has, on behalf of partners, awarded four contracts worth around NOK 6 billion (about €536.4 million) for the first wave of subsea tie-back projects on the Norwegian Continental Shelf (NCS) as part of its NCS2035 strategy. The four projects are part of the f

about 2 months ago
Illustration; Source: Saipem
Fossil Energy

Saipem scores $2-billion FPSO deal for Eni and Petronas’ Southeast Asian gas project

Italy’s engineering, drilling, and construction services giant Saipem has won a new assignment related to a floating production, storage, and offloading (FPSO) unit destined for deployment at one of Indonesia’s major upcoming energy projects.

about 2 months ago
Baleine; Source: Eni
Fossil Energy

TechnipFMC to deliver flexible flowlines and risers to Eni in Côte d’Ivoire

Italy’s energy giant Eni has awarded another contract for the third phase of its oil & gas development project off the coast of Côte d’Ivoire, with TechnipFMC put in charge of flexible flowlines and risers. Alongside the existing Baleine developments, Phase 3 will increase total field production fro

about 2 months ago
FPSO for Bay du Nord oil project; Source: BW Offshore
Fossil Energy

BP exits $10 billion Canadian oil project, as Equinor consolidates ownership

Norwegian state-owned energy giant Equinor has made a move to become the sole owner of an oil development off the coast of Newfoundland and Labrador by acquiring the UK-headquartered BP’s stake in the Canadian project.

about 2 months ago
Maran Gas Achilles delivered the first LNG cargo supplied by Shell Eastern LNG for the commissioning of PV GAS’s Thi Vai LNG Terminal in July 2023; Source: PV Gas
Fossil Energy

Shell feeds Vietnam’s LNG appetite through deal with PV Gas

Petrovietnam Gas Joint Stock Corporation (PV Gas), a subsidiary of Vietnam’s state-owned national energy group Petrovietnam, has inked a liquefied natural gas (LNG) agreement with Shell Eastern Trading (Shell Eastern LNG), a wholly owned subsidiary of the UK-headquartered energy giant Shell.

about 2 months ago
FPSO Cidade de Itajai - Karoon
Fossil Energy

Rig-based well intervention brings Karoon higher oil production but also cost uptick

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has achieved a spike in oil output at an oil field off the coast of Brazil, thanks to well intervention activities, which led to higher costs than initially expected.

about 2 months ago
Hugin B sail-away; Source: Aker BP
Fossil Energy

North Sea platform topside making its way to final destination

Norway’s oil and gas player Aker BP has confirmed the sail-away of an offshore platform topside destined for its North Sea development on the Norwegian Continental Shelf (NCS).

about 2 months ago
FPSO for Eni's African offshore oil and gas project; Source: Wison New Energies
Fossil Energy

Chinese player picks up FPSO job for Eni’s African oil & gas project

China-based provider of clean energy services Wison New Energies (WNE) has confirmed a new deal with Italy’s energy giant Eni and Altera Infrastructure for a newbuild floating production, storage, and offloading (FPSO) vessel destined to be deployed at the next phase of an oil and gas development pr

about 2 months ago
LNG vessel at sea
Fossil Energy

ADNOC sets up global LNG marketing and trading platform

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has brought together liquefied natural gas (LNG) marketing activities of ADNOC Gas and XRG with ADNOC Trading into one integrated commercial platform, a move perceived to create one of the leading global LNG

about 2 months ago
MIP2 project offshore Saudi Arabia; Source: Subsea7
Fossil Energy

Seven OPEC+ countries up their oil output ante

While maintaining a cautious approach with flexibility to pause or reverse cuts, seven participating oil-producing OPEC+ countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman – have sealed a deal to adjust their production cuts to ensure the stability of oil markets.

about 2 months ago
Deepsea Mira rig; Source: Odjell Drilling
Fossil Energy

2018-built rig all done with Shell’s Namibian offshore drilling campaign

A 2018-built semi-submersible rig, owned by Northern Ocean and managed by Odfjell Drilling, has finished its drilling assignment with the UK-headquartered energy giant Shell off the coast of Namibia, Africa.

about 2 months ago
Baleine FPSO; Source Altera
Fossil Energy

Altera Infrastructure on FPSO duty for Eni’s West African oil & gas project

Italy’s energy giant Eni has tasked Altera Infrastructure with the provision of a newbuild floating production, storage, and offloading (FPSO) vessel for the next phase of its oil and gas development project off the coast of Côte d’Ivoire, West Africa.

about 2 months ago
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