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Fossil Energy

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Subsea7 wins ‘sizeable’ contract offshore US
Fossil Energy

Subsea7 wins ‘sizeable’ contract offshore US

Subsea7 has secured a contract with LLOG Exploration Offshore for the Buckskin field located approximately 305 kilometers off the coast of Texas, the U.S. For the Buckskin South Expansion project, Subsea7 will deliver the transportation and installation of a subsea umbilical and a rigid flowline in

about 9 months ago
Rendering of an LNG terminal at night
Fossil Energy

US LNG project edging closer to FID with key equipment orders to Baker Hughes, Honeywell, and Solar Turbines

French-based engineering company Technip Energies has confirmed the go-ahead to three players – Baker Hughes, Honeywell, and Solar Turbines – for equipment purchase orders required to bring a liquefied natural gas (LNG) project in Louisiana to life.

about 9 months ago
After Atlantic and North America, DOF reveals double win in APAC region
Fossil Energy

After Atlantic and North America, DOF reveals double win in APAC region

After news about awards in the Atlantic and North America regions, Norwegian vessel owner DOF Group has revealed the win of two contracts in the Asia-Pacific (APAC) region. The first is for a three-year frame agreement for the provision of subsea inspection, maintenance and repair (IMR) services wit

about 9 months ago
Lake Charles LNG; Source: Energy Transfer
Fossil Energy

US LNG import terminal’s transformation into large export facilities put on ice

Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast.

about 9 months ago
LLOG's FPU Salamanca; Source: Tampnet
Fossil Energy

$3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.

about 9 months ago
Snohvit Future project (illustration); Source: Equinor
Fossil Energy

Rise in costs to $1.98 billion among factors impacting Equinor’s low-emission gas project

Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected

about 9 months ago
North Field; Source: QatarEnergy LNG
Fossil Energy

Saipem and COOEC rake in $4 billion for work at QatarEnergy’s giant offshore gas field

In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned ene

about 9 months ago
Xijiang Oilfields 24 Block Development Project; Source: CNOOC
Fossil Energy

New oilfields development project switches production mode on

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China.

about 9 months ago
A rendering of an LNG terminal
Fossil Energy

Baker Hughes in the clear for work at $11 billion LNG project on US Gulf Coast

French-based engineering company Technip Energies, as the engineering, procurement, and construction (EPC) services provider for a liquefied natural gas (LNG) project under development in Louisiana, has given the all-systems-go signal to the U.S.-headquartered energy technology giant Baker Hughes fo

about 9 months ago
Sea Lion FPSO and Phase 1 & 2 development layout; Source: Navitas
Fossil Energy

Sea Lion’s roar unlocks the funding vault: Falkland Islands’ $2.1B oil project stands at development threshold

With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.

about 9 months ago
Four offshore EPCI projects strengthen Lamprell’s foothold in Saudi Arabia
Fossil Energy

Four offshore EPCI projects strengthen Lamprell’s foothold in Saudi Arabia

Offshore fabrication contractor Lamprell has expanded its operations in the Kingdom of Saudi Arabia with four offshore engineering, procurement, construction and installation (EPCI) contracts secured earlier this year. Lamprell’s combined scope across the four projects includes the installation of n

about 9 months ago
Transocean Encourage rig; Source: Transocean
Fossil Energy

Fresh oil and gas/condensate find comes to light offshore Norway

Equinor, a Norwegian state-owned oil and gas giant, has uncovered a new oil and gas/condensate discovery that enriches its hydrocarbon arsenal off the coast of Norway.

about 9 months ago
PPF; Source: ConocoPhillips
Fossil Energy

Poland’s Orlen strengthens its Norwegian oil & gas portfolio with acquisition wrap-up

Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has brought into its fold the interests Norwegian oil and gas player DNO held in two fields off the coast of Norway.

about 9 months ago
DOF lands work in the Atlantic, secures multi-year North America contract with Shell
Fossil Energy

DOF lands work in the Atlantic, secures multi-year North America contract with Shell

Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, as well as a multi-year contract in the North America region for Shell. The contracts in the Atlantic region have a combined value of over $60 million, excluding optional work, and will be executed primarily u

about 9 months ago
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