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Fossil Energy

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Alternative FuelsClean FuelGreen MarineLiquefied Natural GasLNGOther FuelsBusiness Developments & ProjectsOutlook & StrategyBusiness & FinanceOil & GasExploration & ProductionProject & TendersPipesSubseaAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentInfrastructureRegulation & PolicyRules & RegulationTransitionVisionSafetyVesselsProduction & ProcessingFPSO & VesselsRigsEquipmentCollaborationOperations & Maintenance
TotalEnergies commissions LNG FSRU in Le Havre
Fossil Energy

TotalEnergies commissions LNG FSRU in Le Havre

France-headquartered energy major TotalEnergies has announced the commissioning of the Cape Ann, the floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in the port of Le Havre. The company informed that the terminal injected its first megawatt-hours (MWh) of gas

about 3 years ago
Eni secures additional volumes of LNG from Indonesia
Fossil Energy

Eni secures additional volumes of LNG from Indonesia

Italy’s energy giant Eni has signed a sales and purchase (SPA) agreement with Indonesia’s Merakes LNG Sellers to secure additional 0.8 billion cubic meters (bcm) per year of LNG. The agreement comes into effect in January 2024 and will run for three years, in addition to the contract with Jangkrik L

about 3 years ago
Norwegian oil & gas duo comes on stream ahead of schedule
Fossil Energy

Norwegian oil & gas duo comes on stream ahead of schedule

Aker BP and ConocoPhillips Skandinavia have commenced production from the Kobra East & Gekko (KEG) oil and gas fields located on the Norwegian shelf a couple of months earlier than estimated. When submitting the plan for development and operation (PDO) for KEG to the Norwegian Ministry of Petroleum

about 3 years ago
Vår Energi and Equinor agree on gas export solution offshore Norway
Fossil Energy

Vår Energi and Equinor agree on gas export solution offshore Norway

Norwegian Vår Energi and Equinor have approved concept selection (DG2) for gas export from the Goliat oil and gas field to the Snøhvit pipeline for further transport to Hammerfest LNG. Operated by Vår Energi (65%) with Equinor as a partner (35%), Goliat is located in the Barents Sea, approximately 8

about 3 years ago
EU reaffirms CCS crucial to achieving climate targets
Fossil Energy

EU reaffirms CCS crucial to achieving climate targets

The European Parliament Committee on Industry (ITRE) has adopted a position on the Net-Zero Industry Act (NZIA), further endorsing the emerging consensus on the vital role of carbon capture and storage (CCS) in achieving Europe’s climate targets. The position adopted by ITRE is said to strengthen th

about 3 years ago
NSTA ready to grant two-year license extension to Orcadian Energy
Fossil Energy

NSTA ready to grant two-year license extension to Orcadian Energy

The North Sea Transition Authority (NSTA) is ready to agree a two-year extension to the second term for the Pilot license to UK-headquartered oil and gas company Orcadian Energy. As announced in September, Orcadian entered into a non-binding heads of agreement (HoA) with a North Sea operator which p

about 3 years ago
Chinese vessel's anchor probable cause of Balticconnector damage, Finnish police says
Fossil Energy

Chinese vessel’s anchor probable cause of Balticconnector damage

Finland’s National Bureau of Investigation (NBI) has clarified technically the cause of the Balticconnector gas pipeline damage, stating that the Newnew Polar Bear vessel, flying the flag of Hong Kong, is believed to have caused it. The NBI stated at a press conference on October 24 that it had made

about 3 years ago
Pipeline contract awarded for first Dutch CO2 storage project
Fossil Energy

Pipeline contract awarded for first Dutch CO2 storage project

Allseas has won a contract to construct the subsea pipeline for the Porthos CO2 storage project, the first such project in the Netherlands. The news comes shortly after the final investment decision (FID) was made for the project. Allseas’ work includes installation, burial and commissioning of the

about 3 years ago
Woodside taps TechnipFMC for more flexible pipe
Fossil Energy

Woodside taps TechnipFMC for more flexible pipe

TechnipFMC has secured a contract with Australia’s energy giant Woodside Energy for the manufacture of flexible pipe. TechnipFMC will supply infield flowlines and jumpers for Woodside’s Trion project in deepwater Mexico. The award was included in the company’s inbound orders in the third quarter of

about 3 years ago
$745 million worth of contracts for three Transocean drillships
Fossil Energy

$745 million worth of contracts for three Transocean drillships

Offshore drilling contractor Transocean has added approximately $745 million in new contracts to its incremental backlog by securing work for three of its drillships. In its quarterly fleet status report, Transocean said that the Dhirubhai Deepwater KG1 was awarded a 21-month contract in India at a

about 3 years ago
Another North Sea P&A gig for Plexus
Fossil Energy

Another North Sea gig for Plexus

Oil and gas engineering services business Plexus Holdings has secured a contract award for Exact and Centric equipment for a plug and abandonment (P&A) project secured through its licensor SLB for a North Sea operator. The order includes the provision of Exact adjustable wellhead system and Centric

about 3 years ago
Gulf of Mexico operators develop surface monitoring equipment program
Fossil Energy

Gulf of Mexico operators develop surface monitoring equipment program

HWCG, a consortium of deepwater operators in the Gulf of Mexico, and marine environmental consulting and survey company CSA Ocean Sciences have created a surface monitoring equipment program designed to assist offshore oil and gas operators with enhancing their environmental monitoring and preparedn

about 3 years ago
Oman LNG extends partnership with international firms, including Shell, beyond 2024
Fossil Energy

Oman LNG extends partnership with international firms, including Shell, beyond 2024

Oman LNG has signed shareholder agreements with several international companies, including Shell, as part of its strategic roadmap to extend the existing agreements and continue business beyond 2024. At the ceremony held on October 23, the state-owned company signed Oman LNG and Qalhat LNG sharehold

about 3 years ago
Scana's PSW Technology secures contract extension with Odfjell Drilling
Fossil Energy

Scana’s PSW Technology secures contract extension with Odfjell Drilling

Scana-owned PSW Technology has secured an extension of its frame agreement with Odfjell Drilling for the provision of marine risers and subsea equipment services. The agreement includes services for the classification and testing of well control equipment for all the rigs within Odfjell Drilling’s p

about 3 years ago
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