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Fossil Energy

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OneSubsea technology to enable ‘faster production’ at American deepwater field
Fossil Energy

OneSubsea technology to enable ‘faster production’ at American deepwater field

Following last month’s contract win in China, OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract with Texas-based Beacon Offshore Energy (BOE) Exploration and Production for a deepwater field in the Gulf of America. Under the contract, OneSubsea will deliver

about 5 months ago
Beryl Alpha in North Sea; Source: APA
Fossil Energy

250 North Sea workers to reap benefits from UK union recognition deal

The offshore workers’ voices on the UK Continental Shelf (UKCS) are set to be amplified as Unite, described as Britain’s largest offshore trade union, has secured a new recognition agreement with Apache, a North Sea operator.

about 5 months ago
EnQuest
Fossil Energy

Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

about 5 months ago
Third Northern Lights LCO2 carrier blessed, now preparing for service
Fossil Energy

Third Northern Lights LCO2 carrier blessed, now preparing for service

Northern Phoenix, the third liquefied carbon dioxide (LCO2) carrier for the Northern Lights CO2 project in Norway, has officially been blessed and will now start final preparations and commissioning ahead of operations. China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Co

about 5 months ago
FPSO Energean Power; Source: Energean
Fossil Energy

Wheels up for FPSO to come back online in Eastern Mediterranean waters

London-based oil and gas player Energean has received the go-ahead to resume production from a floating production, storage, and offloading (FPSO) vessel, which is working at a field off the coast of Israel.

about 5 months ago
Commonwealth LNG; Source: Technip Energies
Fossil Energy

Technip Energies in the clear to work on $12.5B LNG project in Louisiana

French-based engineering player Technip Energies has received clearance to move forward with efforts to breathe life into a liquefied natural gas (LNG) export project under development in Louisiana, United States.

about 5 months ago
BW Opal floating production storage and offloading unit
Fossil Energy

Santos eyes restart of Australia’s huge gas project next week

Australian energy player Santos has disclosed a timeline for the resumption of production at its gas project off the coast of Australia’s Northern Territory.

about 5 months ago
Aker BP gets the all-clear to use Maersk rig on North Sea field
Fossil Energy

Go-ahead for Aker BP to use accommodation facility at North Sea field

The Norwegian offshore safety regulator has given its blessing to Aker BP to deploy Macro Offshore Management’s mobile living quarters facility at a field in the North Sea off the coast of Norway.

about 5 months ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Fossil Energy

Two-week ceasefire deal putting Strait of Hormuz back in business

The U.S. President Donald J. Trump has made a deal with Iran to suspend further attacks for two weeks on the Middle Eastern country in exchange for the reopening of the Strait of Hormuz, which handles 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows.

about 5 months ago
Capricorn’s NewMed merger plan runs up against strong shareholders’ opposition
Fossil Energy

Saudi player’s takeover bid deadline for UK oil & gas firm gets prolonged

UK-headquartered Capricorn Energy, formerly known as Cairn Energy, has confirmed the extension of the deadline for a potential takeover offer from Alamadiyaf al-Masiyyah, a member of Saudi Arabia’s Cafani Group.

about 5 months ago
Illustration; Credit: Morten Berentsen/NOD
Fossil Energy

Time slipping away to develop one of Norway’s largest untapped gas discoveries

The Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has taken steps to carry out a study of one of the largest undeveloped gas discoveries on the Norwegian Continental Shelf (NCS) to speed up the process of attracting interest in its development while the infrastructu

about 5 months ago
An offshore rig
Fossil Energy

Oil & gas duo join forces to find rig for drilling campaigns in Southeast Asia

SundaGas Banda Unipessoal, a wholly owned subsidiary of the UK-based and AIM-listed Sunda Energy, has teamed up with Finder Timor-Leste, a subsidiary of Perth-based oil and gas exploration player Finder Energy, to obtain a rig for the two companies’ drilling programs off the coast of the Democratic

about 5 months ago
A man looking at a large vessel at sea
Fossil Energy

Subsea7 and OneSubsea strike long-term collaboration with Petronas in Suriname

Subsea Integration Alliance (SIA), comprising SLB OneSubsea and Subsea7, and Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned oil & gas firm Petronas, have signed a strategic collaboration agreement for field development projects in Suriname. The agreement establishes a long-term framew

about 5 months ago
Commonwealth LNG design; Source: Commonwealth LNG
Fossil Energy

$12.5 billion US LNG project nearing FID with full commercialization in hand

America’s integrated gas and LNG company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge, has confirmed the achievement of full commercialization for a liquefied natural gas export project under development in Louisiana.

about 5 months ago
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