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Fossil Energy

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Fossil Energy

BP’s deal enabling Subsea7 and SLB-led OneSubsea to devise ‘fit-for-project’ solutions

BP has penned a global frame agreement with Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7.

about 2 years ago

Green Marine UK has unveiled the completion of over 50 cable operations, described as complex undertakings, across oil and gas, offshore wind, subsea datacentre sectors, and emerging marine energy tec

Fossil Energy

Green Marine UK completes 50 cable operations in renewables and oil & gas

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Scotland’s Green Marine UK has unveiled the completion of over 50 cable operations, described as complex undertakings, across oil and gas, offshore wind, subsea datacentre sectors, and emerging marine energy technologies. According to Green Marine UK, the projects have been a combination of full ma

about 2 years ago

Fossil Energy

With repairs done ahead of schedule, missing piece of TotalEnergies’ Tyra II puzzle back at huge North Sea asset

TotalEnergies has fixed an equipment issue that came up a few months ago at its natural gas redevelopment project in the Danish sector of the North Sea, which derailed its schedule for boosting output to full technical capacity.

about 2 years ago

A large vessel at sea with several smaller ones on one side

Fossil Energy

With 75 already done, Eni’s Coral Sul FLNG now sends out one weekly LNG shipment

The Chief Executive Officer (CEO) of Mozambique’s state-owned Empresa Nacional de Hidrocarbonetos (ENH) has paid a visit to the floating liquefied natural gas (FLNG) unit offshore Mozambique, operated by Italian oil and gas major Eni. This unit currently produces enough for a weekly shipment of LNG

about 2 years ago

ROV mobilization (for illustration purposes); Source: Omega Subsea

Fossil Energy

European duo bolsters subsea survey offering for oil & gas and renewables

Omega Subsea has strengthened offshore survey services to meet the rising demand, particularly in sectors like renewable energy, oil and gas, and other underwater infrastructure by pooling resources with EIVA.

about 2 years ago

A view of the coast and two vessels at sea

Fossil Energy

Rockhopper wins extension for Falklands assets as it sheds two Italian ones

UK-based oil and gas exploration and production company Rockhopper Exploration has signed a share purchase agreement (SPA) with India’s Zodiac Energy to dispose of its two Italian assets and put in place an insurance policy as it awaits the resolution of a dispute with Italy over a third one. Additi

about 2 years ago

Fossil Energy

One multimillion-dollar offer for stake in UK player’s asset off Cameroon on the table with more anticipated as talks continue

The UK-based oil and gas company Tower Resources has received an updated and more detailed offer for the farm-out process regarding its production-sharing contract (PSC) off the coast of Cameroon. However, the firm’s discussions with other interested players are still ongoing, thus, it expects to re

about 2 years ago

The backs of a man and a woman holding onto a railing on a platform

Fossil Energy

Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter.

about 2 years ago

Fossil Energy

Egyptian LNG coming to freshly opened Greek FSRU terminal

Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in

about 2 years ago

Sullom Voe Terminal; Source: Veri Energy

Fossil Energy

Trio enriches offshore electrification of oil & gas assets in UK and Norway with carbon capture

Three players have embarked on a decarbonization mission to bring offshore electrification operations to new heights in the UK and Norway by throwing carbon capture solutions into the mix to curb oil and gas installations’ carbon footprint.

about 2 years ago

Fossil Energy

Norwegian firm lands waste management gig on Equinor’s North Sea platform

Norway-based cleantech service provider Soiltech has won a solid waste management contract with compatriot energy heavyweight Equinor for one of its platforms in the North Sea.

about 2 years ago

18 companies unite for joint industry partnership to accelerate CCUS projects

Fossil Energy

18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 2 years ago

Fossil Energy

NEO Energy reshapes executive structure, appoints new leadership

Aberdeen-based New European Offshore (NEO Energy) has reshuffled its leadership team, appointing a new Chief Executive Officer (CEO) and Chief Operating Officer (COO) while restructuring its Board. The company named Andy McIntosh as the new CEO and Craig McKenzie as COO, both internal promotions.

about 2 years ago

Fossil Energy

Woodside delisting from London Stock Exchange

After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ

about 2 years ago