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Fossil Energy

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Rendering of Commonwealth LNG plant
Fossil Energy

$13 billion US LNG project moves into execution phase with FID in the bag

America’s integrated gas and liquefied natural gas (LNG) company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge, has unveiled a final investment decision (FID) for its LNG export project under development in Louisiana, United States.

about 4 months ago
Rendering of a future LNG terminal
Fossil Energy

Argent LNG and BOTAŞ shake on US LNG deal to enrich Türkiye’s energy arsenal

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed on the dotted line with Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ), the state-owned natural gas company of the Republic of Türkiye, to supply LNG to Türkiye.

about 4 months ago
N05-A platform in the North Sea; Source: One-Dyas
Fossil Energy

More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda

The Netherlands-based exploration and production player ONE-Dyas and Italy’s energy giant Eni are expected to undertake more offshore drilling activities in the Dutch sector of the North Sea before the year ends.

about 4 months ago
Eidesvik’s PSV begins journey to ammonia-powered operations
Fossil Energy

Eidesvik’s PSV begins journey to ammonia-powered operations

Eidesvik Offshore’s platform supply vessel (PSV) Viking Energy has entered the dock at Halsnøy Dokk to start conversion to ammonia-powered operations. The conversion is planned to be completed in autumn, when the 95-meter-long vessel will continue operating for Equinor, with whom it has been on cont

about 4 months ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Fossil Energy

ADES’ 2014-built rig turns one-year North Sea gig into three-year drilling job

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured a long-term extension for a drilling assignment its 12-year-old jack-up rig is undertaking in the Dutch sector of the North Sea.

about 4 months ago
Safe Caledonia; Credit: Prosafe
Fossil Energy

Prosafe firms up North Sea vessel gig with UK oil & gas operator

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has signed on the dotted line with North Sea-focused Ithaca Energy to deploy one of its flotels on an assignment on the UK Continental Shelf (UKCS).

about 4 months ago
Illustration; Source: Eco Atlantic
Fossil Energy

Eco’s takeover of JHI close to crossing the finish line

Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, is closing in on the completion of its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI).

about 4 months ago
FSO will work on Block B offshore Vietnam; Source: Yinson Production
Fossil Energy

Yinson Production and PTSC lock in financing for Southeast Asian gas project’s FSO

Singapore’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, and its joint venture (JV) partner, PTSC, have secured multimillion-dollar funding for the partial construction of a newbuild floating storage and offloading (FSO) unit, destined to

about 4 months ago
Industry players unite to form UAE’s first shipbuilding consortium
Fossil Energy

Industry players unite to form UAE’s first shipbuilding consortium

A group of national industry players has come together to form the first shipbuilders consortium in the United Arab Emirates (UAE), which will work toward aligning national shipbuilding capabilities to drive maritime innovation and growth. According to AD Ports, the initiative is designed to strengt

about 4 months ago
Illustration; Source: Velesto Energy
Fossil Energy

Velesto lines up multi-well offshore rig job in Southeast Asia

Malaysia’s Velesto Energy, owner of premium jack-up rigs, has been hired to supply a jack-up rig for a drilling campaign off the coast of Malaysia, Southeast Asia.

about 4 months ago
Deepsea Yantai; Source: Odfjell Drilling
Fossil Energy

DNO in the clear for drilling ops with Odfjell Drilling-managed rig

Norway’s oil and gas player DNO has received the go-ahead from the country’s authorities for drilling activities in the Norwegian Sea with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 4 months ago
Browse to North-West Shelf project development concept; Source: Woodside
Fossil Energy

Inpex coming aboard Australia’s huge multibillion-dollar gas project

Japan’s exploration and production (E&P) company Inpex has set the wheels in motion to join an offshore development project, which is described as Australia’s largest untapped conventional gas resource.

about 4 months ago
FPSO Léopold Sédar Senghor (for illustration purposes); Source: Woodside Energy
Fossil Energy

$7.5 billion gas project on Senegal’s development agenda

Société des Pétroles du Sénégal (Petrosen), Senegal’s state-owned oil and gas company, has shed light on the investment required to bring a deepwater gas field to life, which is estimated to hold recoverable resources of approximately 25 trillion cubic feet (tcf) of gas.

about 4 months ago
Petronas picks local tubular running services provider for next five years
Fossil Energy

Petronas picks local tubular running services provider for next five years

Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year contract for the delivery of tubular running services (TRS). Kuala Lumpur-headquartered Destini Oil Services, the energy arm of Destini Group, officially secured the contract on March 30, 2026, with it endi

about 4 months ago
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