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Fossil Energy

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Oil & GasAuthorities & GovernmentBusiness Developments & ProjectsOutlook & StrategyRegulation & PolicyTransitionFPSO & VesselsBusiness & FinanceExploration & ProductionProject & TendersAlternative FuelsClean FuelGreen MarineLiquefied Natural GasLNGOther FuelsPorts & InfrastructureInfrastructureCertification & ClassificationInnovationTechnologyVesselsLow-Carbon TransitionEnvironmentSubseaCollaborationVisionRigs
A view of a bridge on an offshore platform at sunset
Fossil Energy

Five years of emission cuts bring UK’s 2030 oil & gas decarbonization targets within reach, but more needed for cleaner energy

Based on the latest report on emissions in the oil and gas industry by the UK’s regulator, the North Sea Transition Authority (NSTA), progress has been made on the decarbonization journey, however, additional effort is still required to ensure the industry will meet key emissions targets and adopt l

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

Brazilian firm awaits go-ahead for first oil as recently converted FPSO gets cleared for work

Brava Energia has obtained the required approval to deploy a floating production, storage, and offloading (FPSO) vessel for operations off the coast of Brazil and is now waiting to get a green light to start production at an oil field in the Santos Basin, where this FPSO will be in operation.

about 2 years ago
US Gulf Coast LNG bunker terminal secures gas supply
Fossil Energy

US Gulf Coast LNG bunker terminal secures gas supply

The first dedicated LNG bunkering facility in the U.S. Gulf Coast, Galveston LNG Bunker Port (GLBP) – a joint venture between U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG – has formed a partnership with North American midstream company Ener

about 2 years ago
Design of BP's Kaskida FPU in Gulf of Mexico; Source: Exmar Offshore
Fossil Energy

BP enlists ABS for floating production unit destined to be deployed at its oil project in Gulf of Mexico

BP has tapped the American Bureau of Shipping (ABS) for a batch of services related to its floating production unit (FPU), which is destined to work at its sixth-operated deepwater project in a prolific high-margin basin within the U.S. Gulf of Mexico.

about 2 years ago
Structural twin for FPSO can unlock multimillion dollar savings for offshore energy production; Source: Akselos
Fossil Energy

FPSO structural twin enabling assets’ life extension and multimillion-dollar savings for oil & gas operators

Akselos has unveiled its structural performance management (SPM) software designed to enhance asset performance, ensure uninterrupted operations, and extend the asset life of floating production, storage, and offloading (FPSO) vessels.

about 2 years ago
Four persons with flashlights inspecting the interior of a metal construction
Fossil Energy

Eight new LNG carriers to feature French firm’s tanks

France’s technological containment specialist Gaztransport & Technigaz (GTT) has been hired by two Korean shipyards to design tanks for two sets of four new liquefied natural gas carriers (LNGCs) on behalf of an undisclosed shipowner.

about 2 years ago
An illustration showing two onshore plants
Fossil Energy

New offtake deal takes Texas LNG project to FID-ready stage

Texas LNG, a subsidiary of Glenfarne Energy Transition has signed another heads of agreement (HOA) for a long-term supply of liquefied natural gas (LNG) from its proposed facility in Texas’ Port of Brownsville. Thanks to the latest agreement, the developer says it has the customer offtake commitment

about 2 years ago
Crown LNG plans to utilize gravity-based structures for LNG regasification and liquefaction facilities; Source: Crown LNG
Fossil Energy

Crown on the lookout for new LNG opportunities but postpones sanctioning of FSRU project in UK

Crown LNG has bumped to next year the final investment decision (FID) for its planned and fully owned floating liquefied natural gas (FLNG) import terminal in Scotland’s Firth of Forth.

about 2 years ago
An illustration of an LNG vessel next to a pier
Fossil Energy

Headwinds push Florida LNG project completion back five years to decade’s end

The United States Federal Energy Regulatory Commission (FERC) has granted Eagle LNG Partners, a Texas-based energy player, an extension of the deadline to finish the construction of the proposed small-scale liquefied natural gas (LNG) facility in Jacksonville, Florida.

about 2 years ago
Safe Concordia; Source: Prosafe
Fossil Energy

Flotel’s lengthened stay in Gulf of Mexico brings millions of dollars to Prosafe

Prosafe has won a charter extension with an undisclosed company for one of its semi-submersible vessels that will continue working in the U.S. Gulf of Mexico.

about 2 years ago
LNG carrier; Source: ABB
Fossil Energy

Swiss firm to kit out QatarEnergy’s 15 LNG vessels with permanent magnet shaft generator tech

ABB has been tasked with providing permanent magnet shaft generator technology to power 15 liquified natural gas (LNG) carriers, which South Korea’s Samsung Heavy Industries (SHI) will build for work with QatarEnergy.

about 2 years ago
Rio Grande LNG
Fossil Energy

$18.4 billion gas project’s life on the line – Court ruling poses a threat to US LNG infrastructure buildout, developer says

A court ruling is said to have put a liquefied natural gas (LNG) export project at Texas’ Port of Brownsville in danger by revoking the reauthorization granted by the Federal Energy Regulatory Commission (FERC).

about 2 years ago
Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields.
Fossil Energy

Repsol awards five-year integrity management contract to Norwegian firm

Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields. The contract covers engineering tasks and inspections at Repsol Norge’s topside facilities and subsea installations/pipelines in the Yme, Rev, an

about 2 years ago
Stena Forth drillship; Source: Stena Drilling
Fossil Energy

Drilling ops in Morroco still ongoing but gas volumes so far seem below pre-drill estimates

Energean is continuing to drill a well at its gas field in the Lixus license located 40km off the coast of Morocco in the Atlantic Ocean.

about 2 years ago
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