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Fossil Energy

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Artist’s rendering of the LNG terminal
Fossil Energy

LNG project offshore Mozambique one step shy of FID

The operator of a deepwater block off the coast of Mozambique, Mozambique Rovuma Venture (MRV), comprising ExxonMobil, Eni, and China National Petroleum Corporation (CNPC), has taken the last step before making a final investment decision (FID) by inking front-end engineering design (FEED) contracts

about 2 years ago
Kittiwake platform; Source: Petrofac
Fossil Energy

Shell signs over decom management role at North Sea fields to EnQuest

EnQuest has widened its decommissioning operator role at offshore fields in the UK sector of the North Sea after Britain’s energy giant Shell decided to pass EnQuest its decommissioning management role.

about 2 years ago
Safe Caledonia flotel; Source: Prosafe
Fossil Energy

Prosafe flotel firms up North Sea assignment

Prosafe has inked a deal with North Sea-focused Ithaca Energy for one of its flotels, which enables the reactivation of the semi-submersible unit laid up at Scapa Flow in the UK.

about 2 years ago
Shell leveraging Swiss digital twin technology to optimize global offshore assets
Fossil Energy

Shell leveraging Swiss digital twin technology to optimize global offshore assets

Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing collaboration to encircle the energy major’s worldwi

about 2 years ago
Illustration; Source: Gasconsult
Fossil Energy

Gato Negro seeks US stamp of approval for vicennial LNG export via ship from Pacific coast

Mexico-based Gato Negro has requested a 20-year permit from the U.S. to export natural gas to Mexico via pipeline, turn it into LNG and ship it to countries via the Pacific Ocean.

about 2 years ago
A vessel next to an offshore platform
Fossil Energy

Rystad: With global gas markets in ‘fragile equilibrium,’ more LNG key to 2030 energy targets

Based on the 2024 Global Gas Report, the world may face an energy deficit soon, with renewable energy targets at risk of falling through due to insufficient funding allocated to gas and clean energy projects.

about 2 years ago
A vessel leaving the shipyard surrounded by several tugboats
Fossil Energy

Nigerian player’s LNG flows to two Asian countries, enlarging global reach

The Nigerian National Petroleum Company (NNPC) has started shipping LNG to Japan and China on a delivered ex-ship (DES) basis.

about 2 years ago
The 2-kilometer-long cooling bundle for Fenris was slowly towed to sea; Source: Aker BP
Fossil Energy

Installation of 2-kilometer-long cooling bundle for North Sea field underway in Norwegian waters

Aker BP has confirmed the start of installation activities for a 2-kilometer-long cooling bundle at its field in the North Sea, as part of its development project which will ensure a lifetime extension for the Valhall field on the Norwegian Continental Shelf (NCS) past 2028.

about 2 years ago
TotalEnergies INTOG
Fossil Energy

TotalEnergies’ floating offshore wind project to power UK oil & gas platform

France’s TotalEnergies plans to launch a floating offshore wind pilot project to supply renewable energy to the Culzean offshore platform in the UK North Sea. The 3 MW floating wind turbine will be located two kilometers west of the Culzean platform, 220 kilometers off the eastern coast of Scotland.

about 2 years ago
Jun Zhu, Senior Concept Designer at Altera Infrastructure, presents next-generation FPSO; Credit: Nadja Skopljak/Offshore Energy
Fossil Energy

MODEC and Altera: Marrying FPSO tech with renewable and low-carbon plays to shape energy transformation beyond oil & gas

Japan’s MODEC and the UK-based Altera Infrastructure have set their caps on addressing the pressing challenges of the energy transition era by accelerating the shift toward a more sustainable future while supporting the security of power supply.

about 2 years ago
Norwegian seismic company TGS has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to collaborate on scientific research and technological development activ
Fossil Energy

Petrobras and TGS join forces to drive innovation and sustainability in Brazil’s energy sector

Norwegian seismic company TGS has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to collaborate on scientific research and technological development activities in Brazil. According to TGS, this MoU establishes a strategic partnership between the compani

about 2 years ago
The bow of a large vessel
Fossil Energy

Hanwha Ocean hands over first of four LNG vessels to Greek player

GasLog has taken delivery of the first of four LNG carriers, which are being built by South Korea’s shipbuilder Hanwha Ocean.

about 2 years ago
Hybrid power ocean energy construction vessel (OECV); Source: VARD
Fossil Energy

Second shipbuilding deal for hybrid ocean energy construction vessel expands VARD’s orderbook

Island Offshore has taken steps to enlarge its fleet by placing a new order with VARD, covering the design and construction of another hybrid power ocean energy construction vessel (OECV) three months after ordering the first one.

about 2 years ago
A vessel sailing
Fossil Energy

Asian shipbuilder’s ‘cutting-edge’ vessel pair makes its way to ADNOC L&S

Singapore-based shipbuilder Strategic Marine has delivered two fast crew boats (FCBs) to the UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC).

about 2 years ago
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