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Fossil Energy

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FPSO Cidade de Itajaí; Source: Altera Infrastructure
Fossil Energy

Altera & Ocyan JV passes FPSO operatorship baton to Karoon

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has taken over the operatorship helm from Altera & Ocyan (A&O), a joint venture between Altera Infrastructure and Ocyan, at a floating production, storage, and offloading (FPSO) vessel, which is working on an

about 3 months ago
Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel
Fossil Energy

Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture (JV) company in Singapore to serve as the investment and operating vehicle for the reactivation and subsequent commercial deployment of an existing offshore su

about 3 months ago
Trion development concept; Source: Woodside
Fossil Energy

SBM Offshore shedding partial stake in Gulf of Mexico-bound FSO

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has decided to sell a minority interest to its long-standing business partner Nippon Yusen Kabushiki Kaisha (NYK) in a newbuild floating storage and offloading (FSO) u

about 3 months ago
Cedar FLNG is being built at Samsung Heavy Industries' Geoje shipyard; Source: SHI
Fossil Energy

Canada’s $4B hydro-powered LNG project advances with FLNG launch at Samsung Heavy Industries

South Korea’s Samsung Heavy Industries (SHI) has held a launching ceremony for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 3 months ago
LNG vessel; Source: GTT
Fossil Energy

Hanwha Ocean taps GTT for LNG carrier tank design

French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by South Korea’s Hanwha Ocean shipyard to design a tank for a new liquefied natural gas carrier (LNGC).

about 3 months ago
Delfin LNG; Source: Delfin Midstream
Fossil Energy

World’s largest FLNG crosses the FID finish line with $5 billion committed

Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has signed off on a final investment decision (FID) for the first floating LNG (FLNG) vessel destined for an LNG project under development in Louisiana, United States.

about 3 months ago
Expro’s 20-year-old collaboration expanded through $25M contract extension
Fossil Energy

Expro’s 20-year-old collaboration expanded through $25M contract extension

Energy services provider Expro has expanded its over two-decade-long collaboration with a “global operator” through a new contract extension for subsea completion and intervention services in the Gulf of America (U.S. Gulf of Mexico). The deal includes the deployment of Solus, Expro’s shear and seal

about 3 months ago
Energy Emerger jack-up rig; Source: Northern Offshore
Fossil Energy

2017-built rig’s Asian multi-well drilling assignment awaits new start date

Jasmine Energy (JEL), a subsidiary of Singapore’s Rex International, has signaled a revision in the timeline for a multi-well drilling program off the coast of Oman, which will be conducted with a nine-year-old jack-up rig from Texas-headquartered Northern Offshore, a builder and operator of jack-up

about 3 months ago
New partnership targets subsea monitoring for floating wind and oil & gas
Fossil Energy

New partnership targets subsea monitoring for floating wind and oil & gas

Underwater technology specialist Sonardyne and advanced engineering company AMOG have signed a memorandum of understanding (MoU) to provide a complete subsea asset monitoring service to offshore energy infrastructure operators. The aim of the partnership is to unlock asset insight, reduce downtime a

about 3 months ago
An offshore platform and a vessel next to it at sunset
Fossil Energy

Conrad on the lookout for new CEO as Southeast Asian project edges closer to first gas

Singapore-headquartered natural gas player Conrad Asia Energy is gearing up to embark on a hunt for a new Chief Executive Officer (CEO) after its current one decided to step down from the role.

about 3 months ago
Ocean Installer enters Brazil thanks to contract with Equinor
Fossil Energy

Ocean Installer enters Brazil thanks to contract with Equinor

Norway’s marine construction and operations player Ocean Installer, part of the Moreld Group, has entered the Brazilian market with its first contract in the country, secured with Norwegian state-owned energy firm Equinor. Ocean Installer will deliver the installation of rigid well jumpers between f

about 3 months ago
FPSO; Source: MODEC
Fossil Energy

MODEC and Eld embark on next-gen carbon capture-enabled FPSO power system

Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, are pooling resources to bring a 1.2 MW carbon capture power system to life to roll out zero-emission floating production, storage, and offloading (FPSO) units.

about 3 months ago
NAGA 6 jack-up rig; Source: Velesto
Fossil Energy

Velesto’s 2014-built rig takes on multi-well drilling campaign in Southeast Asia

Velesto Sumber, a wholly-owned subsidiary of Malaysia’s Velesto Energy, has won a new drilling assignment for a 12-year-old premium jack-up rig off the coast of Thailand, Southeast Asia.

about 3 months ago
Cook Inlet LNG
Fossil Energy

Cook Inlet LNG puts new FSRU-based lifeline on Alaska’s energy horizon

Cook Inlet LNG, a subsidiary of Louisiana-based independent oil and gas company Gardes Holdings, has set the wheels in motion to secure regulatory clearances for an offshore liquefied natural gas (LNG) import project, utilizing a floating storage and regasification unit (FSRU) and existing platform

about 3 months ago
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