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Fossil Energy

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Liquefied Natural GasLow-Carbon TransitionOil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersExploration & ProductionTransitionTechnologyRigsFPSO & VesselsPorts & LogisticsOffshore WindSubseaVessels & VehiclesVisionInnovationVesselsCertification & Classification
LNG terminal Illustration; Source: Aker Solutions
Fossil Energy

‘Critical milestone’ for Scotland’s floating LNG import terminal as British firm wins engineering design job

Crown LNG Holdings has picked a partner for the design and engineering of its planned FSRU import terminal in Scotland’s Firth of Forth.

about 2 years ago
Fluxys’ Zeebrugge, Belgium regasification terminal; Source: ConocoPhillips
Fossil Energy

ConocoPhillips secures multi-year LNG supply for Europe and Asia

ConocoPhillips has disclosed two long-term strategic agreements, enabling it to supply liquefied natural gas (LNG) to the European and Asian markets from 2027.

about 2 years ago
Illustration; Source: GTT
Fossil Energy

With 58 new additions to its order book, GTT more than doubles net profit

GTT has disclosed its semi-annual results, identifying higher revenues as one of the reasons for a two-fold growth in net income.

about 2 years ago
Peregrino field off Brazil; Credit: Einar Aslaksen/Equinor
Fossil Energy

Multi-year oil & gas drilling gig enables duo to expand their 16-year relationship in Brazil

Archer has got its hands on a new long-term platform drilling assignment with Equinor for platform drilling services off the coast of Brazil.

about 2 years ago
Transocean Spitsbergen rig; Source: Transocean
Fossil Energy

Transocean rigs fetch $656 million for eight drilling gigs

Transocean has landed multi-million contracts and extensions in the U.S. Gulf of Mexico, Norway, Australia, and Brazil for seven floaters, encompassing four drillships and three semi-submersible rigs.

about 2 years ago
Helmerich & Payne
Fossil Energy

Helmerich & Payne’s $2 billion KCA Deutag acquisition secures rig fleet boost and top spot in largest oil & gas regions

In pursuit of further growth and diversification, Helmerich & Payne (H&P) has embarked on a business combination with KCA Deutag.

about 2 years ago
FPSO Johan Castberg; Source: Equinor
Fossil Energy

Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters low-carbon shift with spike in renewables

Equinor has maintained a stable net profit in Q2 2024, with a drop quarter on quarter but a slight increase compared to the same period 2023.

about 2 years ago
Akcakoca production platform; Source: Trillion Energy
Fossil Energy

Perforations at Trillion’s Black Sea gas field yield mixed results

Canada’s Trillion Energy has shared the latest information on the flow rates and well perforations at its gas field off the coast of Türkiye.

about 2 years ago
FPSO Western Isles; Source: NEO Energy
Fossil Energy

FPSO staying in Scotland’s Orkney Islands for revamp ahead of redeployment to UK firm’s flagship North Sea oil project

A 2017-built FPSO, destined to work on a redevelopment project in the North Sea, will spend up to a year in Scapa Flow, according to Orkney Harbour Authority.

about 2 years ago
Cyan Renewables, a portfolio company of Seraya Partners, has closed the agreement to acquire Australian offshore vessel player, MMA Offshore, adding 20 vessels to its fleet and gaining expertise in th
Fossil Energy

Cyan Renewables acquires MMA Offshore, expands fleet and expertise

Singapore-based Cyan Renewables, a portfolio company of Seraya Partners, has closed the agreement to acquire Australian offshore vessel player, MMA Offshore, adding 20 vessels to its fleet and gaining expertise in the Australian offshore wind market.

about 2 years ago
Nigeria LNG; Source: Oil and Gas Free Zones Authority (OGFZA)
Fossil Energy

Exodus from Nigeria’s onshore arena continues with another oil major selling operated assets to go after deepwater and LNG plays

Eni has cleared all the regulatory hurdles that stood in the way of selling its subsidiary focused on onshore oil and gas and power generation in Nigeria.

about 2 years ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
Fossil Energy

Eni’s revamped FPSO and FSO getting ready to set sail for ‘Africa’s first net-zero emissions’ oil & gas project (Video)

Eni and Altera Infrastructure have held a naming ceremony for an FPSO and FSO, which underwent conversion works for a year.

about 2 years ago
Naming ceremony for FPSO Almirante Tamandaré; Source: SBM Offshore
Fossil Energy

SBM Offshore holds naming ceremony for huge Brazil-bound FPSO (Gallery)

SBM Offshore has officially named an FPSO destined to work at a giant field off the coast of Brazil for Petrobras.

about 2 years ago
Contract signing ceremony; Source: ABS
Fossil Energy

ABS to class Singaporean shipbuilder’s FPSO pair destined for Brazil

Seatrium has handed out a classification contract to ABS for two newbuild FPSO vessels the former is building for Petrobras.

about 2 years ago
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