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Fossil Energy

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Clean FuelLiquefied Natural GasBusiness Developments & ProjectsProject & TendersCollaborationOutlook & StrategyTechnologyLow-Carbon TransitionOil & GasBusiness & FinanceEnvironmentInnovationIT & SoftwareTransitionGreen MarineRigsExploration & ProductionFPSO & VesselsOperations & MaintenanceProduction & ProcessingSubseaVisionLNGShipbuildingInfrastructureVesselsDecommissioningRegulation & Policy
ADNOC kicks off early EPC activities for low-carbon Ruwais LNG project
Fossil Energy

ADNOC kicks off early EPC activities for low-carbon Ruwais LNG project

Abu Dhabi National Oil Company (ADNOC) has issued a limited notice to proceed (LNTP) for early engineering, procurement, and construction (EPC) activities for its low-carbon LNG project in Al Ruwais Industrial City, Abu Dhabi. The notice for early EPC activities was issued to a joint venture compris

about 2 years ago
Oman LNG and Hitachi Zosen form methanation partnership
Fossil Energy

Oman LNG and Hitachi Zosen form methanation partnership

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Oman LNG and Japanese engineering and technology company Hitachi Zosen Corporation have concluded a memorandum of understanding (MoU) to cooperate in the field of methanation as part of the carbon recycling, hydrogen, ammonia, and methanation collaboration between the Japanese and Omani governments.

about 2 years ago
ADNOC
Fossil Energy

Deployment of over 30 AI tools brings ADNOC $500 million while slashing emissions

ADNOC has used more than 30 AI solutions across its full value chain to curb its emissions footprint while generating $500 million in value during 2023.

about 2 years ago
Illustration; Source: Saudi Aramco
Fossil Energy

Viasat and Aramco join forces for ‘first maritime trial’ of 5G mesh network

Inmarsat Maritime, a Viasat company, has signed a memorandum of understanding (MoU) with Saudi Arabia’s oil and gas giant Aramco to perform what is said to be the world-first 5G mesh network trial for the Saudi energy player’s offshore projects in the Arabian Gulf. The goal is to enable high-speed c

about 2 years ago
Rig 141 jack-up rig; Source: Shelf Drilling
Fossil Energy

Two more years for Shelf Drilling’s 42-year-old jack-up rig in Gulf of Suez

Shelf Drilling has won a contract extension for a jack-up rig working on an assignment in the Gulf of Suez off the coast of Egypt.

about 2 years ago
Illustration; Source: Wood Mackenzie
Fossil Energy

WoodMac: Are shifts in energy policy on the cards for oil & gas ecosystem and which forces will be at play in 2024?

While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.

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

Energean FPSO goes full throttle off Israel

Oil and gas gas company Energean has brought a new project on stream to boost output from a field off the coast of Israel.

about 2 years ago
Energy Emerger jack-up rig; Source: Northern Offshore
Fossil Energy

Jack-up rig gets multi-well gig offshore Oman

Masirah Oil has hired a jack-up rig for a multi-well drilling program at a field in the Block 50 concession offshore Oman.

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Fossil Energy

New gas expansion project to magnify Qatar’s LNG production by nearly 85%

QatarEnergy has carried out extensive appraisal activities at its giant natural gas field, uplifting its gas reserves.

about 2 years ago
Tamar platform; Source: Chevron
Fossil Energy

Chevron confirms routine maintenance work date for gas platform off Israel

Chevron has put the wheels into motion to undertake scheduled maintenance work at its gas production platform offshore Israel.

about 2 years ago
Illustration; Source: BP
Fossil Energy

BP and ADNOC build on more than 50 years of collaboration with new gas-focused joint venture

BP and ADNOC have decided to establish a new joint venture (JV), which will initially focus on the development of gas assets in Egypt.

about 2 years ago
Expro Group
Fossil Energy

Expro acquires UK firm to expand well construction and intervention portfolio

Energy services provider Expro has entered into a definitive agreement to acquire Scotland-based well integrity and production optimization company Coretrax, from an investment group led by Buckthorn Partners, for a total consideration of approximately $210 million. By acquiring Coretrax, Expro said

about 2 years ago
QatarEnergy chooses Nakilat to own and operate up to 25 newbuild LNG carriers
Fossil Energy

QatarEnergy chooses Nakilat to own and operate up to 25 newbuild LNG carriers

As part of the second phase of its massive LNG fleet expansion project, QatarEnergy has selected Qatar Gas Transport Company (Nakilat) to own and operate up to 25 conventional-size LNG carriers pursuant to time charter parties (TCP) to be entered into by affiliates of the two companies. QatarEnergy

about 2 years ago
FPSO Akpo; Source: Sapetro
Fossil Energy

Fresh oil, gas, and drilling plays shape global energy ecosystem

This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

about 2 years ago