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Fossil Energy

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FPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionDecommissioningRigsSubseaEquipmentInnovationLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentRegulation & PolicyCertification & ClassificationCollaborationOutlook & StrategyProject & TendersVesselsEnvironmentTransition
FPSO Johan Castberg; Source: Equinor
Fossil Energy

WATCH: ‘Mighty’ newbuild FPSO eating up the miles toward oil project to embark on its 30-year job

Equinor is looking forward to the arrival of a new floating production, storage, and offloading (FPSO) vessel at its oil project in the Barents Sea, where the FPSO unit will start its three-decade assignment off the coast of Norway.

about 2 years ago
Well-Safe Guardian rig; Source: Well-Safe Solutions
Fossil Energy

North Sea’s only semi-sub performing saturation dives achieves 163 ops as rig’s decom gig approaches finish line

Well-Safe Solutions has hit a new saturation diving milestone in the UK waters with one of its rigs, which is said to be the only semi-submersible in the North Sea with saturation dive spread capability.

about 2 years ago
FPU Jangkrik; Source: Eni
Fossil Energy

Eni sets its cap on ‘game changer’ move in Asia as its new gas and condensates offshore production hub gets the go-ahead

Eni has received a green light for the integrated development of the two fields, which will bring to life a new production hub in the Kutei Basin off the coast of Indonesia. This will enable the firm to boost its gas arsenal.

about 2 years ago
A buoy with a ship in the background
Fossil Energy

China’s FPSO mooring system for deepwater oil & gas fields earns double blessing

The internal turret buoy single-point mooring system developed by China Offshore Oil Engineering Company (COOEC), controlled by China National Offshore Oil Corporation (CNOOC), has received two approvals in principle (AIP), one from the China Classification Society (CCC) and another from Bureau Veri

about 2 years ago
FPSO BW Opal; Source: BW Offshore
Fossil Energy

FPSO’s sail-away to Australia’s offshore gas project on the agenda for next year

Santos is on track to achieve the first gas next year from its project in Commonwealth waters, as an FPSO, which is currently still under construction, is slated to move in the first quarter of 2025 to its giant field off the coast of Australia.

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

Eni closes Nigerian onshore chapter and hits LNG production milestone offshore Mozambique

Eni has disclosed a new feat accomplished by its floating LNG (FLNG) unit, which reached 5 million tons of LNG production off the coast of Mozambique.

about 2 years ago
Two men standing behind a desk holding documents
Fossil Energy

Duo teams up on amplifying role of LNG across Asia’s energy mix

The Asia Natural Gas and Energy Association (ANGEA) and the Korean Private LNG Industry Association have inked a memorandum of understanding (MOU) to foster cooperation on natural gas development in Asia and explore the role of liquefied natural gas (LNG) in the energy transition.

about 2 years ago
Transocean Norge; Source: Transocean
Fossil Energy

OMV’s drilling ops with Transocean rig lead to new gas discovery offshore Norway

OMV has made a new gas discovery in a wildcat well off the coast of Norway with a semi-submersible rig owned by Transocean.

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

Prosafe vessel seals multimillion-dollar deal offshore Australia

Prosafe has ironed out the terms of a contract for one of its vessels to support a project off the coast of Australia.

about 2 years ago
A boat sailing through an oil spill
Fossil Energy

20 NGOs present united front against offshore license awards and call on UK to stop ‘Big Oil running roughshod’ over its waters

More than two dozen NGOs forming part of the Ocean Alliance Against Offshore Drilling have filed a legal challenge against the licenses awarded in the latest batch of the UK’s 33rd offshore licensing round issued by the North Sea Transit Authority (NSTA).

about 2 years ago
Transocean Enabler rig drilled one of Equinor's recent wells (for illustration purposes); Credit: Jan Arne Wold/Equinor
Fossil Energy

$1.42 trillion at stake as oil & gas production ebbs away: Norway urged to pick up the pace of exploration and tech advancement

Over $1.42 trillion is said to be at risk of being lost if Norway does not step up its search for remaining hydrocarbon resources on the Norwegian Continental Shelf (NCS) and takes advantage of new technology to boost production levels.

about 2 years ago
An offshore rig at sunset
Fossil Energy

Singaporean player completes resource appraisal for oilfield redevelopment offshore Benin

Singapore’s Rex International Holding Limited has disclosed the results of an independent qualified person’s report (QPR) for its oilfield offshore Benin.

about 2 years ago
Port of Sunderland
Fossil Energy

UK port secures new partner to set up decom hub for North Sea oil & gas region

A business opportunity worth nearly $3.3 billion per year has prompted the UK’s Port of Sunderland to forge ties with Northern Metal Recycling to bring a new decommissioning playground into play, opening the doors to service the oil and gas industry in the North Sea.

about 2 years ago
Norve jack-up rig; Source: Borr Drilling
Fossil Energy

Borr Drilling’s jack-up rig spins the drill bit at another well on oil field offshore Africa

BW Energy has started drilling the next well on its agenda at an oil field in the Dussafu license off the coast of Gabon, Africa, with a jack-up rig owned by Borr Drilling.

about 2 years ago
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