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Fossil Energy

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Low-Carbon TransitionOil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageTransitionEnvironmentRegulation & PolicyFPSO & VesselsCollaborationExploration & ProductionProject & TendersLiquefied Natural GasPipesSafetyVesselsDecommissioningAuthorities & GovernmentEquipmentInfrastructureSeismicVessels & VehiclesCablingOperations & MaintenanceRigsIT & SoftwareTechnology
Longship CCS value chain; Source: Northern Lights
Fossil Energy

Norway’s $2.8 billion full-scale carbon capture transport and storage project close to crossing the finish line

The Norwegian government has made room in its 2025 budget for a multimillion-dollar investment destined to be injected into its carbon capture and storage (CCS) project, described as a full-scale CO2 capture, transport, and storage development in line with the country’s international climate agreeme

about 2 years ago
Protesters holding a "Stop fossil subsidies" banner
Fossil Energy

Climate protesters in Brussels demand EU-wide end to gov’t support for fossil fuels, warning of ‘ecological and social collapse’

United for Climate Justice (UCJ), a platform of climate and social justice movements coordinating the Stop Fossil Subsidies campaign, has held a protest in Brussels urging EU leaders to put an end to state funding of fossil fuels.

about 2 years ago
Illustration; Source: Petrobras
Fossil Energy

Petrobras and Wood go on future-proofing mission to imbue automation, safety, and electrification optimization shots in the FPSO design arm

Brazilian state-owned energy heavyweight Petrobras has joined forces with the UK’s engineering and consulting company Wood to change and enhance the design of the traditional floating production, storage, and offloading (FPSO) vessels working for the Brazilian giant to minimize the number of persons

about 2 years ago
Leviathan; Source: NewMed Energy
Fossil Energy

War imposes six-month hiatus on gas production boost as US energy giant puts off ops to get expansion show underway

As the ongoing war in the Middle East spreads to encircle other territories while continuing to rage unabated, Chevron has postponed its planned work on a giant natural gas field expansion project off the coast of Israel.

about 2 years ago
A docked vessel
Fossil Energy

Strategic Marine hands over fast crew boat for maritime neighbor’s oil & gas sector

Singapore-based shipbuilder Strategic Marine has delivered a fast crew boat (FCB) to Brunei’s offshore operator Amarco.

about 2 years ago
Coral-Sul FLNG; Source: Eni
Fossil Energy

Eni signs up for decarbonization initiative challenge while fostering closer gas and LNG ties with Japan

Italy’s energy giant Eni, which has become a member of an initiative that aims to curb greenhouse gas (GHG) emissions from liquefied natural gas (LNG) to enable a net zero era, has strengthened its bonds with Japan by joining forces with the Asian country’s government agency, Japan Organization for

about 2 years ago
Orphaned wells off Texas; Source: BSEE
Fossil Energy

US picks contractor for decom work on eight orphaned oil & gas pipelines in Gulf of Mexico

The Bureau of Safety and Environmental Enforcement (BSEE) has hired the Louisiana-based Chet Morrison Contractors, known as Morrison Energy, on a five-year on-site pipeline decommissioning assignment partially funded by a $4.7 billion investment for orphaned oil and gas well cleanups, called the Bip

about 2 years ago
A vessel at sea
Fossil Energy

Sea1 Offshore scores Australian gig for 3 vessels

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has secured an assignment for three anchor handling tug supply (AHTS) vessels offshore Australia.

about 2 years ago
An illustration of three industrial facilities next to a body of water
Fossil Energy

Eni gets gov’t funding for UK’s first foray into repurposing infrastructure to unlock CCS opportunities

Eni has secured the UK government’s funding for a carbon dioxide (CO2) transport and storage project in North-West England and North Wales, which will see the firm reuse existing pipelines and platforms to transport and store CO2 from a carbon capture and storage (CCS) industrial cluster.

about 2 years ago
Ramform Hyperion seismic acquisition vessel; Source: TGS
Fossil Energy

TGS has a hand in Malaysia’s oil & gas discovery, enhances Norwegian exploration ops, and wins another gig in Southern Atlantic

TGS has assisted in enabling Petronas, a Malaysian state-owned energy giant, to uncover a new oil and gas discovery. The company also wrapped up its assignment to advance exploration efforts in the Norwegian Sea. In addition, TGS has landed a new deal in the Southern Atlantic.

about 2 years ago
Illustration; Source: Koil Energy Solutions
Fossil Energy

US subsea player picks up work at offshore oil & gas platform

Koil Energy Solutions, formerly known as Deep Down, has landed a new deal it deems to be significant, which will enable it to provide maintenance services at an undisclosed oil and gas platform.

about 2 years ago
Enbridge has secured a deal with BP to construct and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico.
Fossil Energy

Canadian firm lines up oil & gas pipeline pair for BP’s Gulf of Mexico project

Canadian pipeline and energy company Enbridge has secured a deal with the UK-based energy giant BP to construct and operate crude oil and natural gas pipelines for the oil major’s recently sanctioned deepwater development in the U.S. Gulf of Mexico. The pipeline system duo is expected to be operatio

about 2 years ago
Development Driller III rig; Source: Ecopetrol
Fossil Energy

Petrobras: Evaluation of gas discoveries’ commercial viability needed offshore Colombia

Petrobras has confirmed that the two discoveries in the Guajira Offshore Basin have raised the gas potential in the basin off the coast of Colombia to approximately 6 trillion cubic feet (tcf).

about 2 years ago
NAGA 2 jack-up rig; Source: Velesto
Fossil Energy

SLB and Velesto go in hot pursuit of rig performance optimization

SLB has joined forces with Velesto Drilling, a subsidiary of Malaysia-based Velesto Energy, to take rig capabilities to a new level by employing digital tools to enhance drilling performance.

about 2 years ago
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