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Fossil Energy

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DecommissioningOil & GasBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionInfrastructureOutlook & StrategyProject & TendersFPSO & VesselsVesselsAmmoniaClean FuelGreen MarineLiquefied Natural GasShipbuildingCollaborationRigsTechnologyLNGLow-Carbon TransitionPipesSubseaSurveys & InterventionsVessels & VehiclesEnvironmentInnovationOperations & MaintenanceTransitionVisionProduction & ProcessingCarbon Capture Usage & Storage
Drilling to return to seven-year-old UK field as it hits oil production milestone
Fossil Energy

Drilling to return to seven-year-old UK field as it hits oil production milestone

EnQuest has reached a milestone of 70 million barrels of oil produced during May from its field in the Northern North Sea which has been online since 2017. The UK oil and gas company noted it had delivered strong operational performance across its operated portfolio so far this year, with full-year

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

Mystery client eyes Prosafe vessel for project offshore Australia

Norway’s Prosafe has received a conditional letter of intent (CLoI) for one of its vessels to support a project off Western Australia.

about 2 years ago
ADNOC strikes low-carbon ammonia, LNG carrier deals with Korean partners
Fossil Energy

ADNOC strikes low-carbon ammonia, LNG carrier deals with Korean partners

ADNOC secured agreements with companies in the Republic of Korea regarding low-carbon ammonia, LNG carrier shipbuilding, and LPG value chain.

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Fossil Energy

Brazilian FPSO comes back online post-maintenance

Brazilian oil and gas player Enauta has resumed production from one of its FPSOs working on a field offshore Brazil.

about 2 years ago
Woodside obtains $1 billion loan to finance giant gas project
Fossil Energy

Japanese back Woodside with $1 billion loan for giant gas project in Australia

Australian energy giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to fund its giant gas project off the coast of Western Australia. The loan agreement, executed in Tokyo, Japan, between Woodside CEO Meg O’Neill and JBIC Deputy Governor K

about 2 years ago
Illustration; Source: Salunda
Fossil Energy

Jack-up rig in Middle East to sport UK player’s red zone monitoring solution

The UK’s Salunda has secured a multi-year contract to install its red zone monitoring solution on a jack-up rig in the Middle East.

about 2 years ago
Hong Kong office opening ceremony; Source: NYK
Fossil Energy

Asia Pacific trio opens sixth ship management company for LNG carriers

NYK, China Merchants Energy Shipping (CMES) and CNOOC Group have formed their sixth LNG ship management company, in Hong Kong.

about 2 years ago
Norwegian oil & gas players come up dry in North Sea and Barents Sea
Fossil Energy

Norwegian oil & gas players come up dry in North Sea and Barents Sea

Norwegian oil and gas players Aker BP and Vår Energi have respectively drilled two wells in the North Sea and Barents Sea that turned out to be dry. Aker BP drilled the dry well 24/6-5 Alvheim Deep in the North Sea in production license 203, awarded in 1996, representing the eleventh exploration wel

about 2 years ago
Oceaneering, TotalEnergies make headway to sustainable commercial pipeline inspection
Fossil Energy

Oceaneering, TotalEnergies make headway in sustainable commercial pipeline inspection

U.S. technology company Oceaneering has carried out a pipeline inspection industrial pilot using an autonomous underwater vehicle (AUV) for TotalEnergies, as part of the French energy giant’s ambition to become a net-zero company. The North Sea pilot using the Freedom AUV saw the inspection of over

about 2 years ago
$1.25 billion contract win for Subsea7 with Brazil's state-owned oil & gas giant
Fossil Energy

Subsea7 wins contract worth over $1.25 billion with Brazil’s oil & gas giant

Subsea7 has secured a contract worth over $1.25 billion with Brazil’s state-owned oil and gas giant Petrobras for a field located at 2,000 meters of water depth offshore Brazil. Under the contract defined as “super-major”, Subsea7 will perform engineering, procurement, fabrication, installation, and

about 2 years ago
Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Fossil Energy

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
FPSO Liza Destiny working offshore Guyana; Source: Hess Corporation
Fossil Energy

Hess shareholders back merger with Chevron despite arbitration over Guyana assets

Hess has secured the required approval from its shareholders for its proposed merger with Chevron, a compatriot energy giant.

about 2 years ago
CO2 injection test on schedule at license encompassing ‘UK’s largest depleted gas field’
Fossil Energy

CO2 injection test on schedule at license encompassing ‘UK’s largest depleted gas field’

Preparations are currently underway for a CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses the “UK’s largest depleted gas field”. Perenco UK and Carbon Catalyst Limited secured a license to progress their Poseidon CCS project at the Leman gas fields

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Fossil Energy

Noble rig finds more work in UK waters

Noble Corporation has landed a new assignment for one of its harsh environment jack-up rigs with Harbour Energy.

about 2 years ago
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