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Fossil Energy

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Stena DrillMAX drillship; Source: Stena Drilling
Fossil Energy

Stena Drilling’s drillship comes to Canada to carry out work for ExxonMobil

Stena Drilling has confirmed that one of its drillships made its way to Canadian waters, where it will embark on a drilling assignment with ExxonMobil.

about 2 years ago
Illustration; Source: BP
Fossil Energy

Green light for BP and Trinidad and Tobago’s firm for cross-border offshore gas field

BP and NGC have secured a two-year license for a gas field, which straddles the maritime boundary between Venezuela and Trinidad & Tobago.

about 2 years ago
Agreement signing ceremony; Source: PVN
Fossil Energy

Vietnam’s gas-to-power project moves forward with planned investment nearing $12 billion

Following an FID, PVN has penned multiple agreements with its partners to proceed with an integrated development project offshore Vietnam.

about 2 years ago
N05-A platform; Source: One-Dyas
Fossil Energy

No more legal woes: Offshore wind-powered North Sea project goes full steam ahead toward first gas by year-end

ONE-Dyas is moving at full throttle to bring its gas platform, which will run on offshore wind power in the North Sea, online by the end of 2024.

about 2 years ago
The Switch
Fossil Energy

ADNOC L&S eyes new LNG carrier additions and buys shipping player with 32-tanker fleet

ADNOC L&S has signed an LoI for the construction of LNG carriers with South Korea’s shipbuilder and is buying a Singaporean shipping company.

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

Appraisal ops uplift recoverable reserves at field offshore Gabon

BW Energy has confirmed a boost in recoverable reserves at a field in the Dussafu license off the coast of Gabon.

about 2 years ago
EU flag; Source: Council of Europe
Fossil Energy

EU’s natural gas demand in 2023 hits lowest level in 15 years

The demand for natural gas in the EU has taken a downturn for the second year in a row, reaching the lowest level since 2008.

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

Shell gives Deltic more time to secure funds for its share of appraisal costs at North Sea discovery

Deltic Energy has managed to obtain additional time to ensure that its share of costs will be secured for the appraisal of a discovery in the North Sea.

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

WATCH: Massive newbuild FPSO embarking on sea trials before starting its Barents Sea gig

Equinor has disclosed the departure of its giant new floating production, storage, and offloading (FPSO) vessel from Aker Solutions’ Stord yard.

about 2 years ago
OPEC
Fossil Energy

OPEC+ stretches production cuts into 2025 but presents timeline to ease off oil curbs later on

With geopolitical challenges and economic uncertainties at the forefront, OPEC+ will prolong production cuts into 2025 to prop up oil markets.

about 2 years ago
Freeport LNG
Fossil Energy

JERA’s partial stake in US LNG project going to JAPEX

JERA has decided to offload a partial interest in an LNG export project located in the United States (U.S.) to optimize its asset portfolio.

about 2 years ago
Saipem to take over China-built latest generation heavy lift pipelay vessel in June
Fossil Energy

Saipem to take over China-built latest generation heavy lift pipelay vessel in June

Chinese state-owned port and naval machinery manufacturer ZPMC has held the completion ceremony for the latest generation vessel for offshore heavy lifting, construction and pipelaying, set to be delivered to Saipem. The completion ceremony of the JSD6000 was held at ZPMC’s base in Changxing and the

about 2 years ago
Ramform Victory passing through Guanabara Bay; Source: PGS
Fossil Energy

After several delays, large survey over Brazilian field ready to begin

Norwegian seismic company PGS has received the final permit for a large 4D survey for Petrobras in the Campos basin off the coast of Brazil.

about 2 years ago
US natural gas firm sells its upstream assets for $260M, enters LNG offtake deal
Fossil Energy

US natural gas firm sells its upstream assets for $260M, enters LNG offtake deal

U.S. natural gas company Tellurian has entered into an agreement with a compatriot private investment firm and adviser for the sale of its integrated upstream assets, as well as heads of agreement for the offtake of LNG from its Driftwood plant. As part of the agreements, Texas-headquartered Aethon

about 2 years ago
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