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Fossil Energy

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FPSO Johan Castberg en route to the Barents Sea passing by the Langenuen strait South of Bergen, Norway; Credit: Øyvind Gravås & Eirin Lillebø/Equinor
Fossil Energy

As oil & gas still runs Norway’s energy show, Equinor unveils up to $66 billion boost for hydrocarbons by 2035 alongside Barents Sea’s new area-wide emergency preparedness plan

Equinor has set its cap on bolstering its hydrocarbon arsenal by injecting tens of billions of dollars over the next decade into the oil and gas developments on the Norwegian Continental Shelf (NCS).

about 2 years ago
Illustration; Source: The Danish Energy Agency
Fossil Energy

Green light for Wintershall Dea to pass on its oil & gas and CO2 assets in Denmark to Harbor Energy

The Danish Energy Agency (DEA), responsible for tasks linked to energy production, supply, and consumption, alongside Denmark’s efforts to cut its carbon footprint, has given its blessing for four permits to change hands, leaving the portfolio of Germany’s Wintershall Dea to become part of hydrocarb

about 2 years ago
Ocean Energy Support Vessel (OESV) design; Credit: Salt Ship Design
Fossil Energy

Spanish shipyard tasked with bringing ocean energy support vessel to life

Norway’s Østensjø Rederi has entrusted the construction of its new ocean energy support vessel (OESV) to Astilleros Gondon, a Spanish shipyard.

about 2 years ago
Normand Vision is said to be the type of vessel that will be used during the project; Source: Ocean Installer
Fossil Energy

North Sea subsea tie-back job enables Ocean Installer to handle ‘key component’ for FPSO’s life extension

Ocean Installer, part of the Moreld Group, has been hired to handle a subsea tie-back project to an existing floating production, storage, and offloading (FPSO) vessel operating in the North Sea, as part of a new frame agreement for offshore construction.

about 2 years ago
A large vessel at sea
Fossil Energy

‘Challenging’ period for LNG fleet ahead unless freight efficiency increases, Norwegian firm’s analysis shows

Awilco LNG, a Norwegian-based fully integrated pure-play liquefied natural gas (LNG) transportation provider, has highlighted in its analysis of the LNG market trends in the first half of 2024 and predictions for the upcoming period that the market activity is picking up the pace even though the cha

about 2 years ago
FPSO Johan Castberg; Source: Equinor
Fossil Energy

WATCH: ‘Mighty’ newbuild FPSO eating up the miles toward oil project to embark on its 30-year job

Equinor is looking forward to the arrival of a new floating production, storage, and offloading (FPSO) vessel at its oil project in the Barents Sea, where the FPSO unit will start its three-decade assignment off the coast of Norway.

about 2 years ago
Well-Safe Guardian rig; Source: Well-Safe Solutions
Fossil Energy

North Sea’s only semi-sub performing saturation dives achieves 163 ops as rig’s decom gig approaches finish line

Well-Safe Solutions has hit a new saturation diving milestone in the UK waters with one of its rigs, which is said to be the only semi-submersible in the North Sea with saturation dive spread capability.

about 2 years ago
Transocean Norge; Source: Transocean
Fossil Energy

OMV’s drilling ops with Transocean rig lead to new gas discovery offshore Norway

OMV has made a new gas discovery in a wildcat well off the coast of Norway with a semi-submersible rig owned by Transocean.

about 2 years ago
A boat sailing through an oil spill
Fossil Energy

20 NGOs present united front against offshore license awards and call on UK to stop ‘Big Oil running roughshod’ over its waters

More than two dozen NGOs forming part of the Ocean Alliance Against Offshore Drilling have filed a legal challenge against the licenses awarded in the latest batch of the UK’s 33rd offshore licensing round issued by the North Sea Transit Authority (NSTA).

about 2 years ago
Transocean Enabler rig drilled one of Equinor's recent wells (for illustration purposes); Credit: Jan Arne Wold/Equinor
Fossil Energy

$1.42 trillion at stake as oil & gas production ebbs away: Norway urged to pick up the pace of exploration and tech advancement

Over $1.42 trillion is said to be at risk of being lost if Norway does not step up its search for remaining hydrocarbon resources on the Norwegian Continental Shelf (NCS) and takes advantage of new technology to boost production levels.

about 2 years ago
Port of Sunderland
Fossil Energy

UK port secures new partner to set up decom hub for North Sea oil & gas region

A business opportunity worth nearly $3.3 billion per year has prompted the UK’s Port of Sunderland to forge ties with Northern Metal Recycling to bring a new decommissioning playground into play, opening the doors to service the oil and gas industry in the North Sea.

about 2 years ago
Greater Laggan Area; Source: TotalEnergies
Fossil Energy

Seven new UK offshore blocks await TotalEnergies and Kistos in West of Shetland oil & gas producing area

TotalEnergies and Kistos have been presented with seven new blocks or part blocks in an area that contains producing oil and gas assets located West of Shetlands off the coast of the UK.

about 2 years ago
Illustration; Source: Aize
Fossil Energy

Aker BP bolsters digitalization arsenal by streamlining brownfield asset management with help of digital twins

Aker BP has expanded its collaboration with Aize, a digital twin software provider, by including a software-as-a-service (SaaS) agreement for all relevant facilities.

about 2 years ago
Former CEO of Transocean JV takes the same role at Northern Ocean
Fossil Energy

Former CEO of Transocean JV takes the same role at Northern Ocean

Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean, a spin-off company of Northern Drilling, has picked a new Chief Executive Officer (CEO) to spearhead the company and oversee the implementation of its growth strategy.

about 2 years ago
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