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Fossil Energy

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Transocean Norge; Source: Transocean
Fossil Energy

Fresh gas discovery with multiple development routes emerges from North Sea depths

Wintershall Dea has expanded its natural gas arsenal with a new gas condensate discovery in the Northern North Sea, thanks to drilling activities undertaken with one of Transocean’s semi-submersible rigs.

about 2 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Fossil Energy

Europe’s mega gas project braving perils as plot twist emerges from explosive-ridden Black Sea waters

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  • 2045

An analysis has put a new spin on the ride-or-die opposition to the development of a $4.4 billion deepwater gas project in the European Union (EU).

about 2 years ago
Signing ceremony; Source: Worley
Fossil Energy

Australian player’s assistance to bring BP millions in savings

BP has formed a strategic alliance with Australia’s Worley to streamline operations and improve organization across its global site projects.

about 2 years ago
Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs
Fossil Energy

Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs

A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20

about 2 years ago
Illustration; Source: Pavilion Energy
Fossil Energy

Shell broadens its LNG horizons by taking over Singapore player active in Europe and Asia

Shell has set the wheels in motion to scale up its LNG portfolio with the acquisition of Singapore-based Pavilion Energy.

about 2 years ago
Emden terminal; Source: Gassco
Fossil Energy

Two German terminals to receive Norwegian gas for 12 more years

Vår Energi has secured a multi-year contract extension for the supply of natural gas to Germany’s VNG Handel & Vertrieb.

about 2 years ago
Illustration; Source: ABL Group
Fossil Energy

With takeover of compatriot energy firm out of the way, Norwegian firm’s headcount tops 500

Norway’s AGR, a subsidiary of ABL Group, has acquired Ross Offshore, enabling it to expand its team with more than 220 additional employees.

about 2 years ago
Norway's Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure
Fossil Energy

Norway’s Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure

Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project

about 2 years ago
Calcasieu Pass facility; Source: Venture Global LNG
Fossil Energy

Fresh LNG deal enables US to give European and Ukrainian energy security a leg up

Venture Global has secured a new LNG agreement with D.Trading, which will enable it to bolster energy security in Ukraine and Eastern Europe.

about 2 years ago
90-year-old French firm rebrands for strategic growth
Fossil Energy

90-year-old French firm rebrands for strategic growth

With the wish to accelerate growth as an advanced technology company, France-based geophysical services company CGG has rebranded following 90+ years of history. With the launch of the new brand, CGG, created in 1931 and now known as Viridien, said it marks the next stage in its strategic growth as

about 2 years ago
Illustration; Source: DNV
Fossil Energy

DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations

A new survey from DNV pinpoints the cost of the energy transition as the biggest barrier to meeting the net zero targets.

about 2 years ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Fossil Energy

TotalEnergies spuds North Sea well with Shelf Drilling rig

TotalEnergies has embarked on drilling operations at a well in the Danish sector of the North Sea. If more gas is found it will be exported through the Tyra facilities.

about 2 years ago
Illustration; Source: AG&P LNG
Fossil Energy

Global LNG markets facing oversupply while key importing regions work on curbing demand

The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

about 2 years ago
Sattelite photo showing the 2021 oil spill off the coast of Baniyas, Syria; Credit: Planet Labs
Fossil Energy

More than 750 oil slicks spotlight pollution risks in Mediterranean Sea

757 oil slicks, covering 1.9 million hectares in the Mediterranean Sea, have been identified between July 2020 – January 2024.

about 2 years ago