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Fossil Energy

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Consortium selected to lead Vietnam’s largest LNG power project
Fossil Energy

Consortium selected to lead Vietnam’s largest LNG power project

A consortium of South Korea’s SK Innovation, PetroVietnam Power Corporation (PV Power), a subsidiary of Vietnam’s state-run PetroVietnam group, and Vietnamese company NASU has been selected as the project developer for Vietnam’s largest LNG power project. Valued at approximately $2.3 billion, the Qu

about 7 months ago
Illustration; Source: BOEM
Fossil Energy

US sets the date for third Gulf of America oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has proposed the date for the third offshore lease sale out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act.

about 7 months ago
Stena IceMax; Source: Stena Drilling
Fossil Energy

Shell spins the drill bit with Stena drillship in Egyptian waters

UK-headquartered energy giant Shell has embarked on multi-well drilling activities off the coast of Egypt with a drillship owned by Scotland-headquartered offshore drilling contractor Stena Drilling.

about 7 months ago
PSV model; Source: Golden Energy Offshore
Fossil Energy

2016-built vessel goes to its new owner

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has parted ways with one of its platform supply vessels (PSVs), optimizing its fleet.

about 7 months ago
LNG vessel; Source: GTT
Fossil Energy

Six LNG vessels to sport GTT’s tank design

France’s technological containment specialist Gaztransport & Technigaz (GTT) has been hired to provide the tank design for multiple new liquefied natural gas (LNG) carriers (LNGCs).

about 7 months ago
COSL Innovator rig; Source: COSL
Fossil Energy

North Sea oil & gas drilling ops with COSL rig good to go

Norwegian state-owned energy giant Equinor has secured the go-ahead from the country’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway.

about 7 months ago
Borr Drilling
Fossil Energy

25 rigs out of Borr Drilling’s 29-strong fleet either on hire or with jobs lined up

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has landed multiple new work assignments in Africa, Southeast Asia, and North America. As a result, 25 of our 29 rigs are either contracted or committed, with six in Southeast Asia, five in the Middle East and North Afric

about 7 months ago
MISC Group
Fossil Energy

MISC makes its first foray into Papua New Guinea with ExxonMobil’s FSO deals

MISC, Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services, has signed on the dotted line with ExxonMobil PNG (EMPNG), a subsidiary of the U.S.-based energy giant ExxonMobil, for a new floating storage and offloading (FSO) unit, which is destined to w

about 7 months ago
Østensjø Rederi’s hybrid tug to feature Finland-made propulsion
Fossil Energy

Østensjø Rederi’s hybrid tug to feature Finland-made propulsion

Spain’s GONDAN Shipbuilders has placed an order with Finnish company Steerprop to deliver propulsion for a new hybrid tugboat, the first tug design from naval architect Skipsteknisk, destined for Norwegian shipowner Østensjø Rederi. Steerprop will supply dual-end versions of its SP 50 W D propulsors

about 7 months ago
COSL Prospector rig; Source: COSL
Fossil Energy

Barents Sea prospect ends up being dry

Norwegian state-owned oil and gas giant Equinor has conducted drilling activities at a wildcat well in the Barents Sea off the coast of Norway with one of COSL Drilling Europe’s semi-submersible rigs. This well did not yield commercial quantities of hydrocarbons.

about 7 months ago
Türkiye‘s national oil & gas company enters Bulgarian offshore license as partner to Shell
Fossil Energy

Türkiye‘s national oil & gas company enters Bulgarian offshore license as partner to Shell

Türkiye‘s national oil & gas giant Türkiye Petrolleri A.O. (TPAO) has become a partner in an offshore exploration license in Bulgaria, located near Sakarya, Türkiye’s largest natural gas field. TPAO reported today, February 18, that it had, as a partner, joined the exploration license in the Khan Te

about 7 months ago
Five Chinese gas carrier and FSRU vessel projects receive Bureau Veritas’ blessing
Fossil Energy

Five Chinese gas carrier and FSRU vessel projects receive Bureau Veritas’ blessing

Bureau Veritas Marine & Offshore (BV) has awarded approval in principle (AIP) certificates for five vessel projects developed by Chinese Hudong-Zhonghua Shipbuilding (Group), spanning LNG and ethane carriers, a floating storage regasification unit (FSRU), onboard carbon capture (OCC)-ready design an

about 7 months ago
High-tech ‘wall of steel’ to guard US oil & gas and shipping operations
Fossil Energy

High-tech ‘wall of steel’ to guard US oil & gas and shipping operations

Two American defense companies have entered into a strategic agreement to build a high-tech “wall of steel” in the Gulf of America to support oil & gas and commercial shipping operations. The partnership between South Carolina-headquartered marine autonomy specialist Janus Marine & Defense and New M

about 7 months ago
Worley gets technical advisor role for New Zealand’s LNG import terminal
Fossil Energy

Worley gets technical advisor role for New Zealand’s LNG import terminal

New Zealand’s Ministry of Business, Innovation and Employment (MBIE) has selected Australia’s engineering company Worley as client engineer and technical advisor for the development of the country’s liquefied natural gas (LNG) import terminal. Worley will support the ministry through the procurement

about 7 months ago
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