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Fossil Energy

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In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Fossil Energy

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

about 3 years ago
FPSO Atlanta; Source: Yinson (video)
Fossil Energy

Yinson buying FPSO destined for oil field off Brazil

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Enauta has received a letter from Yinson, notifying about the exercise of an option to acquire an FPSO, which will operate at its field off Brazil.

about 3 years ago
ExxonMobil
Fossil Energy

ExxonMobil enriches its low-carbon arsenal with new acquisition worth $4.9 billion

ExxonMobil is getting its hands on – what it deems to be – the largest owned and operated CO2 pipeline network in the United States.

about 3 years ago
Shearwater to perform 'pioneering' survey over Norwegian gas field
Fossil Energy

Shearwater to perform ‘pioneering’ survey over Norwegian gas field

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has appointed Shearwater GeoServices to conduct a “pioneering” towed streamer survey with ocean bottom nodes (OBN) over its gas and condensate discovery offshore Norway. Under the contract, Shearwater is set to begin the hybrid survey ove

about 3 years ago
Petrojarl Knarr FPSO; Source: Equinor
Fossil Energy

One of UK’s largest undeveloped oil fields put on hiatus once again

Reports indicate that the decision on whether to approve or not one of the largest undeveloped oil fields in the UK is unlikely anytime soon.

about 3 years ago
FPSO Kwame Nkrumah - Jubilee field; Source Tullow Oil
Fossil Energy

Oil flows from first well offshore Ghana with three more to follow suit by year-end

Tullow Oil has brought on stream the first of four wells on a field off Ghana while the remaining three are expected online later this year.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

Will UK’s new CCUS strategy open doors to multi-billion global supply chain market?

A new carbon capture supply chain strategy is expected to pave the way for Britain to gain entry into the global supply chain market.

14 minutes read
Alexandroupolis FSRU; Credit: Gastrade
Fossil Energy

Svitzer to provide services for Greece’s first offshore LNG terminal

Svitzer, a global towage provider and part of A.P. Moller-Maersk, has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) LNG terminal, the first offshore LNG project in Greece. Specifically, Svitzer will set up towage services and s

about 3 years ago
South Pars (SP) Phase 11; Source: IOEC
Fossil Energy

Gallery: Phase 11 of giant gas field in Persian Gulf to bring Iran up to $5 billion annually

The installation of the much-anticipated South Pars (SP) Phase 11 platform has been completed in the Persian Gulf.

about 3 years ago
Hartshead Resources
Fossil Energy

Hartshead works on putting funding in place for UK North Sea gas project

Hartshead Resources has appointed specialist corporate finance energy advisors to support its efforts to secure financing for gas project.

about 3 years ago
Weatherford
Fossil Energy

Weatherford scores five-year deal with Petrobras

Weatherford International has secured a long-term contract with Petrobras for the provision of intervention services offshore Brazil.

about 3 years ago
Illustration; Source: APPEA
Fossil Energy

Gas rush paints LNG as energy transition’s trump card to low-carbon future

Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

13 minutes read
Nord Stream investigation finds explosive traces on suspiciously chartered yacht
Fossil Energy

Nord Stream investigation finds explosive traces on suspiciously chartered yacht

Germany has found traces of subsea explosives in samples taken from a yacht that may have been used to transport the explosives that damaged the Nord Stream gas pipelines in the Baltic Sea, a letter sent to the UN Security Council states. Four gas leaks were found on the Nord Stream 1 and 2 pipeline

about 3 years ago
Offshore Energy Exhibition & Conference 2023 expands with additional exhibition hall
Fossil Energy

Offshore Energy Exhibition & Conference 2023 expands with additional exhibition hall

Europe’s premier offshore energy event to feature an integrated conference area, Offshore Energy Pavilion, and more. Offshore Energy Exhibition & Conference (OEEC) 2023, the highly anticipated event for the offshore energy industry, is proud to announce the addition of an extra exhibition hall. Th

about 3 years ago