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Fossil Energy

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Liquefied Natural GasLow-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersProduction & ProcessingSeismicSubseaSurveys & InterventionsCollaborationEquipmentExploration & ProductionInnovationOutlook & StrategyTechnologyVisionRigsVesselsFPSO & Vessels
Rovuma LNG project concept; Source: Eni
Fossil Energy

McDermott, Saipem, and CPECC pick up FEED job with ExxonMobil

A consortium, consisting of the U.S.-based McDermott, Italy’s Saipem, and China Petroleum Engineering and Construction Corporation (CPECC), has landed a front-end engineering design (FEED) contract for a proposed liquefied natural gas (LNG) project in the deepwater Area 4 block off the coast of Moza

about 2 years ago
20+ people standing in two lines on a boat's deck
Fossil Energy

Celsius Tech’s LNG fleet hits double-digit milestone

Celsius Tech Limited, the Hong Kong-based technical management arm of Danish shipowner Celsius, has taken delivery of a liquefied natural gas (LNG) vessel from South Korea’s Samsung Heavy Industries (SHI).

about 2 years ago
New Norwegian partnership set up to digitalize North Sea oil & gas area
Fossil Energy

New Norwegian partnership set up to digitalize North Sea oil & gas area

Norwegian oil and gas player Aker BP and compatriot energy data and intelligence company TGS have expanded their ongoing cooperation with a strategic partnership aimed at digitalizing the Yggdrasil area in the North Sea. As part of the new agreement, Aker BP will integrate TGS’ Prediktor Data Gatewa

about 2 years ago
Troll A platform; Credit: Øyvind Gravås and Even Kleppa/Equinor
Fossil Energy

Aker Solutions ready for work on another chapter in giant North Sea gas project’s story

Aker Solutions has been hired for topside modification assignment at a project that aims to bolster gas production from a giant oil and natural gas field in the northern part of the North Sea, which Equinor operates on the Norwegian Continental Shelf (NCS).

about 2 years ago
Aerial view of an LNG complex
Fossil Energy

East Asian partners’ LNG cooperation passing 50-year mark thanks to new deals

Japan’s Mitsubishi Corporation has signed new agreements with Malaysia’s state-owned energy giant Petronas, reaffirming its engagement in two of Malaysia’s liquefied natural gas (MLNG) plants owned by the latter in the country’s Sarawak region. The Japanese player is set to extend its 10% interest i

about 2 years ago
Hugin A and Valhall PWP jacket pile clusters for the Aker BP-operated Yggdrasil and Valhall PWP-Fenris developments; Source: Drydocks World
Fossil Energy

Newly fabricated parts set sail to join pile piecing two platforms together for work at North Sea oil & gas projects (Gallery)

Drydocks World Dubai, a part of DP World, has completed its scope of work related to jacket pile clusters for two new platforms that are slowly taking shape as different parts get constructed in preparation for deployment at two oil and gas developments in the North Sea, off the coast of Norway.

about 2 years ago
Ocean BlackRhino drillship; Source: Diamond Offshore
Fossil Energy

Noble drillship’s drilling gig in full gear offshore West Africa

A seventh-generation drillship, which recently became part of the floater fleet belonging to the U.S. offshore drilling contractor Noble Corporation, is making progress in its drilling campaign in Africa, which is related to work offshore Guinea-Bissau.

about 2 years ago
French firm expands its work scope for one of the world’s largest deepwater fields
Fossil Energy

Petrobras yet again taps French tubular solutions provider for Brazil’s deepwater fields

France’s tubular solutions provider Vallourec has signed what is described to be a “significant” contract with Brazil’s state-owned energy giant Petrobras for the supply of oil country tubular goods (OCTG) and accessories for the development of Sepia 2 and Atapu 2 projects in the Santos Basin offsho

about 2 years ago
Two men on the right-hand side sitting across the table from two women and two men on the left-hand side
Fossil Energy

South American neighbors make hydrocarbon collaboration official

Brazilian state-owned oil and gas giant Petrobras has signed a memorandum of understanding (MoU) with Suriname’s national oil company Staatsolie Maatschappij Suriname (Staatsolie) to step up their cooperation in various aspects of the energy arena.

about 2 years ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Fossil Energy

New oil & gas find in North Sea ends up ‘not profitable’ due to price headwinds

After making another oil and gas discovery in the North Sea, thanks to drilling activities one of Odfjell Drilling’s sixth-generation semi-submersible rigs carried out off the coast of Norway, Equinor, a Norwegian state-owned energy giant, has emphasized that the development of this discovery does n

about 2 years ago
Deep Sea No. 1 production platform; Source: CNOOC
Fossil Energy

‘Large-scale’ transformation of reserves from trillion-cubic-meter gas region into usable energy production brings new project online in Chinese waters

CNOOC has started production from a natural gas project in the South China Sea, where the firm recently confirmed the total proved gas in place exceeded one trillion cubic meters.

about 2 years ago
Several people on stage at a steel-cutting ceremony
Fossil Energy

Chinese shipbuilder breaks ground for LNG vessel pair ordered by CNOOC and Petronas

Chinese shipbuilder Hudong-Zhonghua has held a steel-cutting ceremony for two liquefied natural gas (LNG) carriers it is building for a Malaysian and a Chinese client.

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Fossil Energy

US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset

Houston-based Westlawn has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The firm’s new partner, Brava Energia, former 3R Petroleum before the merger with Enauta, has welcomed the company to Brazil and revealed a timeline for

about 2 years ago
Topside structure of an offshore plant manufactured by Dyna-Mac; Source: Hanwha Ocean
Fossil Energy

Hanwha Ocean making $450 million play for Singaporean FPSO player

Hanwha Ocean has put the wheels in motion to expand its capacity in this arena by taking full control over Singapore-based offshore builder Dyna-Mac.

about 2 years ago
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