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Fossil Energy

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Illustration; Source: Shell
Fossil Energy

Shell emerges victorious from battle to overturn ruling in historic climate litigation case

Shell, now headquartered in the UK and not the Netherlands as was the case during the original ruling, has welcomed its new legal win, which overturns the decision that ordered the energy giant to step up its carbon emissions reduction game.

about 1 year ago
INEOS
Fossil Energy

INEOS, Royal Wagenborg sign landmark CO2 carrier agreement to step up CCS game in the EU

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Dutch shipowner and operator Royal Wagenborg and INEOS Energy, a London-based E&P business, have signed an agreement on the delivery of a new CO2 carrier.

about 1 year ago
Floatel Endurance; Source: Aker BP
Fossil Energy

Floatel wraps up 8-month gig at Aker BP’s Norwegian Sea field

One of the semi-submersible accommodation and construction support vessels from Floatel’s fleet has completed its mission at a field off the coast of Norway, which is operated by Norwegian E&P player Aker BP. Floatel Endurance’s deployment at the Skarv field in the Norwegian Sea has come to an end a

about 1 year ago
Two people inside an aluminum tank
Fossil Energy

GTT inks FSRU deal and sheds more light on new ballast distribution solution

French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by a South Korean shipyard to design tanks for a new floating storage and regasification unit (FSRU). The firm also shared additional details about the new design for liquefied natural gas (LNG) carrier tanks w

about 1 year ago
Pictured (from left to right): Gary Scott (Commercial Manager & Legal Counsel, DeepOcean UK), Ian Mills (Managing Director, Exceed), Robin Mawhinney (Managing Director, DeepOcean UK), Bart Van De Laar
Fossil Energy

DeepOcean and EXCEED shake hands for vessel-based plug and abandonment

Norway-based ocean services provider DeepOcean and Scotland-based well management company EXCEED have entered a partnership to deliver vessel-based well plug and abandonment (P&A) services to the global decommissioning market. According to DeepOcean, the collaboration leverages the company’s subsea

about 1 year ago
'Largest ever' vessel-based UK North Sea decommissioning campaign wraps up, Mermaid Subsea reports
Fossil Energy

‘Largest ever’ vessel-based UK North Sea decommissioning campaign wraps up, Mermaid Subsea reports

Mermaid Subsea Services (UK) has performed what it says is the largest vessel-based UK North Sea decommissioning campaign ever. The project included the plugging and abandonment (P&A) of 21 wells spread across the Northern and Central North Sea over a duration of two years, carried out on behalf of

about 1 year ago
Tyra II; Source: TotalEnergies
Fossil Energy

TotalEnergies’ North Sea mega gas project at full tilt after overcoming obstacles

TotalEnergies has tucked a new milestone under its belt by reaching full technical capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Ocean Apex rig; Source: Diamond Offshore, now part of Noble Corporation
Fossil Energy

Transocean, Noble, Valaris, Borr, and Odfjell Drilling fleets’ $23 billion backlog spotlights state of play in booming rig market

Transocean, Noble Corporation, Valaris, Borr Drilling, and Odfjell Drilling have secured a combined total backlog of $23.22 billion in the third quarter of 2024, which is higher than $23.03 billion in the second quarter of 2024 and $22.7 billion in the third quarter of 2023.

24 minutes read
Aker BP's CO2 storage licenses peer reviewed by ABL firm
Fossil Energy

Aker BP’s CO2 storage licenses undergo technical peer review by ABL firm

Norway’s AGR, part of the energy and marine consultancy group ABL Group, has delivered a technical peer review of two carbon storage licenses in the Norwegian North Sea for compatriot E&P company Aker BP. AGR conducted an independent third-party technical peer review of the EXL005 Poseidon license,

about 1 year ago
First sales and purchase agreement inked for UAE's low-carbon LNG project
Fossil Energy

First sales and purchase agreement inked for UAE’s low-carbon LNG project

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s Securing Energy for Europe (SEFE) for the long-term supply of low-carbon liquefied natural gas (LNG) from the Ruwais LNG plant in the UAE, set to be the first LNG export facility in the Middle East

about 1 year ago
ExxonMobil buys FPSO working off Guyana for $1.23 billion
Fossil Energy

ExxonMobil buys FPSO working off Guyana for $1.23 billion

U.S.-headquartered ExxonMobil has closed the purchase of a floating production, storage, and offloading (FPSO) vessel working in Guyana from SBM Offshore, while the Dutch FPSO operator will continue operating and maintaining the vessel. ExxonMobil Guyana Ltd. and BM Offshore completed the transactio

about 1 year ago
Brunsbüttel Ports
Fossil Energy

Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security

Germany’s Brunsbüttel Ports is poised to play an important role in the country’s energy supply security and make a significant contribution to achieving climate goals.

about 2 years ago
Final preparations for OEEC 2024 underway
Fossil Energy

Final preparations for OEEC 2024 underway

Offshore Energy Exhibition & Conference 2024 (OEEC 2024) is coming up this month. Work on the event is at full steam at Navingo (the company behind OEEC and Offshore-Energy.biz brands) with final tweaks and preparations underway. The exhibition floor has been almost completely booked and visitors ar

about 2 years ago
Reprocessing project wraps up for 'largest OBN survey' on Norwegian Continental Shelf
Fossil Energy

Reprocessing project wraps up for ‘largest OBN survey on Norwegian Continental Shelf’

A tripartite partnership has completed the reprocessing project for what is said to be the largest ocean bottom node (OBN) survey conducted on the Norwegian Continental Shelf (NCS). Viridien, TGS and Aquila Holdings, under its subsidiary Axxis Multi-client, announced on November 4 the completion of

about 2 years ago