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Fossil Energy

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FPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsCertification & ClassificationProject & TendersVesselsLiquefied Natural GasLow-Carbon TransitionExploration & ProductionInfrastructurePipesProduction & ProcessingSubseaEquipmentRigsTechnologyGreen MarineLNG
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
Rendering of the Scarborough FPU; Source: Woodside
Fossil Energy

Woodside’s $12.5 billion giant gas project coming along nicely with over two-thirds of work done

While project costs have risen, Woodside has made strides in the development of its huge gas project off the coast of Western Australia, thus, the first liquefied natural gas (LNG) is still on track to be achieved in 2026.

about 2 years ago
Illustration; Source: Glenfarne Group
Fossil Energy

US natural gas producer makes official reservation for half of Texas LNG terminal’s capacity for 20 years

Texas LNG has signed a definitive tolling agreement for 50% of the future terminal’s LNG capacity spanning two decades.

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Fossil Energy

With first FLNG unit online, US player gets hold of $700 million loan to build second one

New Fortress Energy has secured a $700 million loan to cover its construction costs for a second FLNG at its LNG terminal in Altamira, Mexico.

about 2 years ago
FLNG model; Source: Wison New Energies
Fossil Energy

Chinese firm taps French player for FLNG mooring job in Africa and boosts its fabrication capacity for floating facilities

Wison New Energies has handed out a transport and installation contract to France’s GEOCEAN for Congo-bound FLNG and struck a multi-year deal with a compatriot shipbuilding industry enterprise, which is set to expand its production and construction scale.

about 2 years ago
Świnoujście LNG terminal; Source: Terminal LNG
Fossil Energy

300th LNG cargo comes to Poland’s terminal as further expansion continues in the background

Poland’s Świnoujście LNG terminal has received its 300th liquefied natural gas (LNG) shipment since starting operation in late 2015.

about 2 years ago
Petrobras orders more flexible pipe from TechnipFMC
Fossil Energy

Petrobras orders more flexible pipe from TechnipFMC

TechnipFMC has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the supply of flexible pipe for pre-salt fields offshore Brazil, following the completion of a tender procedure. Under the contract worth between $250 million and $500 million, TechnipFMC will deliver the de

about 2 years ago
Illustration; Source: CNOOC
Fossil Energy

Drilling ops offshore China yield medium-sized oilfield

CNOOC has undertaken appraisal drilling activities at a well off the coast of China, expecting the hydrocarbon discovery to become a medium-sized oilfield.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Shell awaits Valaris rig to embark on North Sea drilling ops

Shell is anticipating the arrival of Valaris’ heavy-duty jack-up rig, which is now on its way to the Southern North Sea to undertake drilling activities at a gas prospect on the UK Continental Shelf (UKCS).

about 2 years ago
FPSO Energean Power; Source: Energean
Fossil Energy

UK firm greenlights $1.2 billion gas project offshore Israel

With a 30-year production license in hand, Energean has made a final investment decision (FID) for a phased development off the coast of Israel.

about 2 years ago
Delta Cardinal; Source: Delta Logistics
Fossil Energy

Norwegian oil & gas giant sets the seal on vessel deal in Latin America

Brazil’s shipping company CBO has inked a time charter contract for a platform supply vessel (PSV) with Equinor Brasil.

about 2 years ago
Altamira asset; Source: New Fortress Energy
Fossil Energy

Brownie points for US player’s part in achieving first LNG at Mexico’s offshore project

Chart Industries has received recognition for the role its technology played in reaching the first LNG production offshore Mexico.

about 2 years ago
FPSO Armada Sterling V; Source: Shapoorji Pallonji Energy (SP Energy)
Fossil Energy

India’s deepwater oil & gas project entering final stretch to reach full throttle

ONGC’s deepwater project in Indian waters deploying a floating production and storage (FPSO) unit is approaching its final development stage.

about 2 years ago
Polar Enterprise from ConocoPhillips/Polar Tankers in drydock; Source: Seatrium
Fossil Energy

Busy times ahead for Singapore giant with multimillion-dollar string of vessel repairs and upgrades in the bag

Seatrium has picked up a batch of new repairs and upgrades deals for offshore vessels, including drillships and jack-up rigs, alongside naval ships, ferries, liquefied natural gas (LNG) carriers, tankers as well as damage repair work.

about 2 years ago
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