Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: 22 days ago

On portfolio optimization quest, Vår Energi offloads stake in North Sea oil field

Vår Energi has set the wheels into motion to sell its interest in a field in the Norwegian sector of...

Categories:
  • Business & Finance
Posted: 22 days ago
Posted: 22 days ago

SLB, Subsea7, and Aker Solutions’ JV finds work on $1 billion North Sea gas project

OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, will work on a project that a...

Categories:
  • Project & Tenders
Posted: 22 days ago
Posted: 22 days ago

Petrobras sanctions next phase of two oil projects in Brazilian waters

Petrobras has made a final investment decision (FID) to move forward with the second development pha...

Categories:
  • Business & Finance
Posted: 22 days ago
Posted: 22 days ago

New CEO takes the reins at Petrobras

Petrobras has confirmed that a new CEO will take over the company, after securing the board of direc...

Categories:
  • Human Capital
Posted: 22 days ago
  • long read
Posted: 22 days ago

Over $76 billion set aside for energy projects across the Atlantic over next five years

National Grid has unveiled its investment plan for the 2024-29 period, earmarking £60 billion (close...

Categories:
  • Business & Finance
Posted: 22 days ago
Posted: 22 days ago

Helix vessel close to crossing the finish line at decom job offshore Australia

Helix Energy Solutions is drawing to an end its multi-well decommissioning assignment offshore Austr...

Categories:
  • Business Developments & Projects
Posted: 22 days ago
Posted: 22 days ago

Aker Solutions rebrands its consultancy business, with twofold headcount increase on the horizon

Aker Solutions has shared a new name for its consultancy arm alongside plans to boost revenue and pe...

Categories:
  • Business Developments & Projects
Posted: 22 days ago
  • long read
Posted: 25 days ago

Equinor unveils over $1 billion investment to lift the gas production bar at giant North Sea field

Equinor has disclosed plans to develop further gas infrastructure at a huge oil and natural gas fiel...

Categories:
  • Business & Finance
Posted: 25 days ago
Posted: 25 days ago

More gas sold from Chevron’s Mediterranean Sea field under $650 million deal

Chevron has signed a contract with Israel’s Eshkol Power Energies to supply natural gas for th...

Categories:
  • Business Developments & Projects
Posted: 25 days ago
Posted: 25 days ago

MODEC: Keel laying for Guyana-bound FPSO hull done weeks ahead of schedule

MODEC has achieved a new milestone by completing the keel laying for the construction of an FPSO hul...

Categories:
  • Business Developments & Projects
Posted: 25 days ago
  • long read
Posted: 25 days ago

Borr Drilling rigs find new jobs in Europe, Southeast Asia, Middle East, and Africa

Borr Drilling has secured a batch of new contracts, extensions, and potential assignments, for sever...

Categories:
  • Project & Tenders
Posted: 25 days ago
Industry Contribution

Boosting conversion rates

Repurposing existing vessels as an answer to rising prices and a changing climate The maritime indus...

Categories:
  • Business Developments & Projects
Posted: about 1 year ago
Industry Contribution

SeaRenergy and ASSC bring “Spirit of Emden” into service – offering Cargo Runs in the German North Sea

The accelerating expansion of offshore energy projects together with the backlog of works due to the...

Categories:
  • Business Developments & Projects
Posted: about 1 year ago
Posted: 25 days ago

UK oil & gas firm’s drilling plans run into setback due to Borr rig’s holdup on current assignment

Tower Resources is working on ironing out a new drilling date for an asset offshore Cameroon, with B...

Categories:
  • Exploration & Production
Posted: 25 days ago
Posted: 25 days ago

Seplat Energy prolongs buyout date for ExxonMobil’s Nigerian business

Nigeria’s Seplat Energy has extended the share sale and purchase agreement to buy Mobil Produc...

Categories:
  • Business Developments & Projects
Posted: 25 days ago
Posted: 25 days ago

Chinese oil & gas giant enlarges its portfolio with five offshore blocks in Mozambique

CNOOC Limited has expanded its oil and gas footprint with five new blocks located off the coast of M...

Categories:
  • Business & Finance
Posted: 25 days ago
Industry Contribution

Collaboration enables Damen to lead hydrogen introduction

Seven partners from the inland shipping industry join in the WEVA project, resulting in the construc...

Categories:
  • Vessels
Posted: about 1 year ago
  • long read
Posted: 26 days ago

ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

ExxonMobil has received a green light from a federal judge to proceed with legal action against Arju...

Categories:
  • Transition
Posted: 26 days ago
Posted: 26 days ago

Vigilance advised but mild winter serves to lessen concerns over gas supply in Germany

FNB Gas has confirmed the easing of gas supply woes in the winter of 2023/2024 due to mild temperatu...

Categories:
  • Outlook & Strategy
Posted: 26 days ago
Posted: 26 days ago

‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy ...

Categories:
  • Carbon Capture Usage & Storage
Posted: 26 days ago
Industry Contribution

Haptic control development for mechatronic devices

The current generation of maritime remote-control systems has countless features to ensure ship safe...

Categories:
  • Equipment
Posted: about 1 year ago
Posted: 26 days ago

Equinor strikes oil in North Sea

Equinor has made a small oil discovery in the North Sea off the coast of Norway, using one of Odfjel...

Categories:
  • Exploration & Production
Posted: 26 days ago
Posted: 26 days ago

DeepOcean performs first-ever subsea dredging operations remotely from shore

Norway-based ocean services provider DeepOcean has completed subsea dredging operations remotely fro...

Categories:
  • Innovation
Posted: 26 days ago
  • long read
Posted: 26 days ago

Biden administration hit with one more lawsuit over LNG permitting freeze

A new lawsuit has been filed to challenge the LNG permitting ban to non-FTA countries in the United ...

Categories:
  • Authorities & Government
Posted: 26 days ago
Posted: 26 days ago

UK firm picks up nine-well decom gig in Gulf of Mexico

Elemental Energies has won a master services agreement with Promethean for the decommissioning of or...

Categories:
  • Project & Tenders
Posted: 26 days ago
Posted: 26 days ago

UK oil & gas player boosts its stakes in two blocks offshore Angola

Afentra has wrapped up the acquisition of additional interests from Azule Energy in two blocks off t...

Categories:
  • Business & Finance
Posted: 26 days ago
Posted: 26 days ago

MOL and JERA shake hands on seventh charter deal for newbuilding LNG vessel

Mitsui O.S.K. Lines (MOL) has penned a seventh long-term charter contract for a newbuilding LNG carr...

Categories:
  • Vessels
Posted: 26 days ago
Posted: 26 days ago

With power loss incident sorted out, giant Asian LNG project back in operation

Following a power loss incident, Petronas has brought back online its flagship LNG complex at Bintul...

Categories:
  • Exploration & Production
Posted: 26 days ago
  • video
Posted: 27 days ago

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bank...

Categories:
  • Transition
Posted: 27 days ago

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