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Fossil Energy

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Stena Carron (drilled one of ExxonMobil's recent discoveries in Guyana); Source: Stena Drilling
Fossil Energy

Stena drillship goes to Las Palmas

Stena Drilling has confirmed that one of its drillships is on its way to Las Palmas to start its special period survey (SPS).

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Fossil Energy

Odfjell Drilling rig gets its hands on five-year renewal certificate

Odfjell Drilling has confirmed the completion of a five-year main class renewal certificate for one of its semi-submersible drilling rigs.

about 2 years ago
Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes
Fossil Energy

Regasification capacity available at Klaipeda LNG terminal

Lithuanian Klaipeda LNG terminal operator KN Energies, formerly Klaipedos Nafta, has announced that there is available unused LNG terminal capacity for booking. The company said that, having received a request from one of the terminal users regarding the planned non-utilization of LNG terminal capac

about 2 years ago
Trafigura seals long-term LNG deal with Canada’s largest natural gas producer
Fossil Energy

Trafigura seals long-term LNG deal with Canada’s largest natural gas producer

Commodities trading group Trafigura has inked a long-term LNG agreement with Canada’s largest natural gas producer Tourmaline, marking the first time the two parties have signed such an agreement. Tourmaline said it increased its exposure to JKM by entering into a netback agreement with Trafigura ba

about 2 years ago
Illustration; Source: PTTEP
Fossil Energy

PTTEP signs on the dotted line to take part in carbon capture and storage study

PTTEP has inked an agreement to participate in a study on the carbon storage potential in the Northern Gulf of Thailand.

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

Vår Energi getting ready to spud North Sea wildcat

Vår Energi has secured a drilling permit to drill a wildcat well in the North Sea, using one of the Odfjell Drilling-managed semi-sub rigs.

about 2 years ago
Barossa concept; Source: Santos
Fossil Energy

Victor emerges in court battle over development of giant gas project off Australia

Santos has won a court case, which enables it to continue with its planned work on the Barossa gas field development project offshore Australia.

about 2 years ago
Illustration; Source: Saipem
Fossil Energy

Saipem hit with two-year suspension of public contracting activity in Brazil

Saipem is facing restrictions on new contracts in Brazil due to being banned from making new deals with the country’s public administration over the next couple of years.

about 2 years ago
Oxy
Fossil Energy

With FID out of the way, first oil from Gulf of Mexico project anticipated next quarter

Beacon Offshore Energy has confirmed a final investment decision (FID) for the development of an oil discovery in the U.S. Gulf of Mexico.

about 2 years ago
Illustration; Source: API
Fossil Energy

US comes up with new emissions fee for oil & gas industry in methane clampdown

The U.S. Environmental Protection Agency (EPA) has set out to curb methane emissions from the oil and gas industry with a new proposed rule.

about 2 years ago
Illustration; Source: Rex International Holding
Fossil Energy

Singapore’s Rex picks London-based corporate finance advisor for West African oilfield

Rex has engaged Hannam & Partners (H&P) as its exclusive corporate finance advisor concerning its recently awarded PSC offshore Benin.

about 2 years ago
Pine Prairie is one of six natural gas storage facilities included in the transaction; Source: Williams
Fossil Energy

US player’s natural gas storage arsenal fortified with additional Gulf Coast assets

Williams has enriched its natural gas storage capabilities by putting the finishing touches on an acquisition of six Gulf Coast assets.

about 2 years ago
U.S. Naval Forces Central Command/U.S. 5th Fleet
Fossil Energy

Red Sea crisis escalation: US-UK airstrikes, Houthis’ vessel attacks, spike in oil prices, and tanker trade slowdown

Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.

15 minutes read
Illustration; Courtesy of Golar
Fossil Energy

Interview: LNG greasing the energy transition wheels – Black & Veatch’s take on low-carbon future

Black & Veatch’s President of Asia Pacific and India spotlighted accelerated LNG production as a critical piece of the decarbonization puzzle.

16 minutes read
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