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Fossil Energy

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Fossil Energy

UK oil & gas player pursuing CO2 storage license in Greece

EnEarth, a subsidiary of the London-based oil and gas company Energean, has submitted a formal application to the Hellenic Hydrocarbons and Energy Resources Management Company (EDEYEP) for a CO2 storage license in Greece. The application seeks to obtain approval for the suitability as a CO2 storage

about 2 years ago

Fossil Energy

Gaz-System’s survey brings insight into design and location of Poland’s first FSRU

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Gaz-System has completed an environmental survey of an area where Poland’s future LNG terminal, comprising an FSRU, will be situated.

about 2 years ago

Transocean Enabler rig; Credit: Jan Arne Wold/Equinor

Fossil Energy

Oil & gas exploration hit and miss in Barents Sea as Norwegian shelf continues its development

Aker BP and Equinor have completed drilling operations in the Barents Sea, which was recently expanded with new acreage in APA 2024.

about 2 years ago

Fossil Energy

Stepping into an HFO-free era in the Arctic

On July 1, 2024, an international ban on the use of heavy fuel oil (HFO) comes into effect in the Arctic region.

about 2 years ago

Fossil Energy

Italian energy giant books Norwegian gas supplies until mid-2030s

Vår Energi has secured a contract extension with Eni, enabling it to provide the oil major with natural gas for an additional 12 years.

about 2 years ago

Northern Lights carbon storage and transport project in Norway (for illustration purposes); Source: Equinor

Fossil Energy

EU’s exit from embattled fossil fuel-loving treaty in the home stretch: New dawn breaking over 20-year sunset clause

The final push toward withdrawal the EU has taken to severe its Energy Charter Treaty (ECT) ties in a year is perceived as the right path to unleashing its green agenda.

about 2 years ago

Fossil Energy

Embracing key tools to navigate overlapping oil & gas, offshore wind, and carbon storage areas

Co-location conflicts between oil and gas projects, offshore wind farm developments, and carbon capture and storage (CCS) undertakings have emerged as an issue in the United Kingdom (UK).

about 2 years ago

Illustration; Credit: Oyvind Gravas Bo B Randulff/Equinor

Fossil Energy

Equinor prolongs Archer’s North Sea assignment for 24 months

Oil services company Archer has won a two-year contract extension with Norwegian state-owned energy giant Equinor in the North Sea.

about 2 years ago

Fossil Energy

SLB OneSubsea’s new contract takes it to Equinor’s all-electric subsea project

SLB has secured a contract with Norwegian state-owned energy giant Equinor under which it is set to deliver the front-end engineering design (FEED) for an all-electric subsea project in Norway’s waters. As part of the agreement, SLB will deliver the FEED of a 12-well, all-electric subsea production

about 2 years ago

Greater Laggan Area; Source: TotalEnergies

Fossil Energy

British conglomerate swoops up TotalEnergies’ West of Shetland gas assets bundle

TotalEnergies has decided to put several gas fields and associated infrastructure up for sale to optimize its portfolio and direct its attention to its core business.

about 2 years ago

Fossil Energy

Russia and Iran enhance energy ties as Gazprom walks off with fresh gas supply deal

Gazprom has signed a strategic MoU on facilitating pipeline supplies of Russian natural gas to Iran with the National Iranian Gas Company.

about 2 years ago

Fossil Energy

Aberdeen-based energy services firm buys local subsea engineering company

Aberdeen-based energy services company THREE60 Energy has acquired a local subsea engineering company with the aim of enhancing its capabilities. With the acquisition of Samphire Subsea, THREE60 said it expects to further enhance its lifecycle solutions offering by adding subsea engineering, operati

about 2 years ago

Depsea Yantai rig; Source: Odfjell Drilling

Fossil Energy

Fresh oil & gas find emerges as latest contender for tie-back to North Sea platform

Vår Energi has made a new commercial oil and gas discovery in the North Sea, which contains estimated gross recoverable resources of 18-39 mmboe.

about 2 years ago

Fossil Energy

Mermaid Subsea scores multi-year North Sea decommissioning contract with Shell

Mermaid Subsea Services (UK) has received a multi-year engineering, preparation, removal, and disposal (EPRD) wellhead severance (WHS) contract in the North Sea from Shell UK.

about 2 years ago