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Fossil Energy

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West Azeri platform; Source: BP
Fossil Energy

BP tucks oil production milestone under its belt at Caspian Sea platform

BP has achieved 1 billion barrels of total oil production from its operated platform in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
Samsung Heavy, Black & Veatch to work on Cedar LNG’s FLNG unit
Fossil Energy

Samsung Heavy, Black & Veatch to work on Cedar LNG’s FLNG unit

Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure company Pembina Pipeline, has selected South Korean shipbuilding major Samsung Heavy Industries (SHI) and U.S. LNG infrastructure solutions company Black & Veatch to provide engineering, procurement and constructio

about 2 years ago
Thunder Horse platform in the Gulf of Mexico; Source: Danos
Fossil Energy

BP taps Danos for Gulf of Mexico assignment

BP has handed out a contract to Danos to renew drilling logistical services for the oil major’s Gulf of Mexico assets.

about 2 years ago
Huisman: Translating digitalization to added value for customer is essential
Fossil Energy

Huisman: Translating digitalization to added value for customer is essential

“A lot of people talk about digitalization, but digitalization is not a purpose in itself, but it can be an enabler to meet changing customer demands,” said Maaike de Rover, Program Manager Digitalization, Huisman. During the Huisman session at the Offshore Energy Exhibition & Conference (OEEC) 2023

about 2 years ago
Signing ceremony for the joint study agreement; Source: PTTEP
Fossil Energy

PTTEP and Inpex to look into carbon storage potential in Gulf of Thailand

PTTEP is ready to pool resources with Japan’s Inpex to undertake a study on carbon storage potential in the Northern Gulf of Thailand.

about 2 years ago
Iain Lewis, Ithaca's Interim CEO; Source: Ithaca Energy
Fossil Energy

As its CEO steps down, Ithaca picks interim one

Ithaca Energy has decided to appoint an interim Chief Executive Officer (CEO) until its search for a new one can be completed, following the resignation of its current CEO.

about 2 years ago
The entire energy transition needs metals increasingly, says Allseas' Pieter Heerema
Fossil Energy

The entire energy transition needs metals increasingly, says Allseas’ Pieter Heerema

To combat climate change, the energy mix must shift from a mix that is dominated by fossil fuels, oil & gas, coal, to an energy mix that depends more on clean energy production methods. The good thing is that everyone is committed to achieving this goal. The challenge that comes with this is that a

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Fossil Energy

Oil & gas alongside green and low-carbon energy: Will such a compass lead the world astray or steer it in the right direction?

Should the world aim for a balancing act to satisfy both energy security and green future aspirations or pick just one?

about 2 years ago
Lerwick Harbour
Fossil Energy

Britain’s port becoming ‘main’ marine support hub for development of giant oil & gas field

Lerwick Harbour, situated at the crossroads of the North Sea and North-east Atlantic, has been tasked with servicing Equinor’s first development phase of a controversial oil and gas field located on the UK Continental Shelf (UKCS).

about 2 years ago
Illustration; Source: Petronas
Fossil Energy

Petronas continuing oil & gas ops at Java Sea field for 20 more years

Petronas has tucked a 20-year extension under its belt for a production sharing contract (PSC) related to an oil and gas field in the Java Sea.

about 2 years ago
Report: US emerges as largest LNG exporter in 2023
Fossil Energy

Report: US emerges as largest LNG exporter in 2023

According to news agency Reuters, U.S. liquefied natural gas (LNG) exports have hit monthly and annual record highs in December, with analysts saying it has positioned the U.S. to become the largest exporter of LNG in 2023. “The U.S. was the stand out in global LNG supply growth in 2023,” Alex Munto

about 2 years ago
Who Dat; Source: Delmar
Fossil Energy

Oil & gas acquisition worth $720 million opens Gulf of Mexico doors for Australian firm

Karoon Energy has closed a $720 million acquisition, adding stakes in oil and gas fields offshore Louisiana to its asset portfolio.

about 2 years ago
TechnipFMC wins contract with Petrobras worth over $1 billion
Fossil Energy

TechnipFMC wins contract with Petrobras worth over $1 billion

TechnipFMC has secured a “major” integrated engineering, procurement, construction, and installation (iEPCI) contract with Brazilian state-owned oil and gas giant Petrobras for a project offshore Brazil. TechnipFMC reported it had won the contract to deliver the Mero 3 HISEP project which uses subse

about 2 years ago
Norwegian Offshore Directorate
Fossil Energy

With more responsibilities on its plate, Norwegian Petroleum Directorate gets new name

The Norwegian Petroleum Directorate (NPD) has changed its name to the Norwegian Offshore Directorate (NOD).

about 2 years ago
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