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Fossil Energy

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Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

UK firm dropping out of Shell’s North Sea gas discovery due to funding woes

Deltic Energy is exiting from a gas discovery in the Southern North Sea after its efforts to secure funds for its share of appraisal costs fell through.

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

Vår Energi all done with intra-group merger

Norway’s Vår Energi has completed the merger with its wholly-owned subsidiary Vår Energi Norge, previously known as Neptune Energy Norge.

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about 2 years ago
EnergyPathways
Fossil Energy

UK firm set on getting hold of gas storage license in its East Irish Sea project area

EnergyPathways has confirmed its interest in acquiring a gas storage license situated in the same area as its undeveloped gas field in the East Irish Sea.

about 2 years ago
During their protest against drilling ops, Greenpeace activists were circling the Prospector 1 jack up rig about 20 kilometers northwest of the island of Borkum; Source: Greenpeace
Fossil Energy

Court hearing coming up this week: Go-ahead or more hiccups for North Sea gas project?

After hitting another snag due to a court-ordered temporary halt of operations, a gas project in the North Sea is awaiting outcome of court hearing.

about 2 years ago
Fenris jacket, Source: Aker BP
Fossil Energy

Aker BP laying the groundwork to install 100 km of offshore pipelines at North Sea project

Norwegian oil and gas player Aker BP is set on undertaking six offshore campaigns to install almost 100 km of pipelines this summer at its development project in the Norwegian sector of the North Sea.

about 2 years ago
Fenris jacket; Source: Aker BP
Fossil Energy

WATCH: Jacket for North Sea project on its way to Aker BP’s field

Aker BP is days away from welcoming the arrival of a new jacket at its project in the North Sea where it will be installed offshore Norway.

about 2 years ago
Hywind Tampen floating wind farm and Snorre platform; Source: Equinor
Fossil Energy

Energy transition needs to pick up the pace to counter uncertainty over net zero targets

Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.

about 2 years ago
Norway's Energy Ministry launches seventh call for CO2 storage licenses
Fossil Energy

Norway’s Energy Ministry launches seventh call for CO2 storage licenses

Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl

about 2 years ago
Illustration; Source Offshore Energies UK (OEUK)
Fossil Energy

As UK’s general elections draw near, candidates urged to throw support behind ‘homegrown’ energy transition

Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.

about 2 years ago
FPSO Western Isles; Source: Jersey Oil & Gas
Fossil Energy

First oil from North Sea project gets bumped to late 2027 with hopes placed on UK elections to bring fiscal clarity

Jersey Oil & Gas has disclosed the change in the timeline for the first oil from the HitecVision-backed NEO Energy’s redevelopment project.

about 2 years ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Fossil Energy

Italy’s FSRU embarks on final stage of maintenance works in Marseille

OLT Offshore LNG Toscana has confirmed the start of the second and final phase of maintenance activities for its FSRU.

about 2 years ago
DeepOcean adds 120-day offshore recycling job to its task list
Fossil Energy

DeepOcean adds 120-day offshore recycling job to its task list

Norway-based ocean services provider DeepOcean has been appointed to perform a 120-day recycling campaign on the UK continental shelf (UKCS) for an international operator. The campaign is divided into five sub-campaigns, each addressing specific tasks crucial for the decommissioning process, includi

about 2 years ago
DS Carolina drillship; Source: Ventura Offshore
Fossil Energy

25-year-old Brazilian offshore drilling player starts its new growth chapter

Brazil’s Ventura Offshore Holding is celebrating its first day of trading on the Euronext Growth stock exchange market in Oslo, Norway.

about 2 years ago
Following contract with Petrobras, DOF makes another multi-million-dollar win
Fossil Energy

Following contract with Petrobras, DOF makes another multi-million-dollar win

Shortly after securing a contract with Brazilian oil and gas giant Petrobras, Norwegian vessel owner DOF Group announced a new award with a compatriot energy major for a duration of up to three years. Under the contract defined as “very large”, meaning it is valued between $100 million and $200 mill

about 2 years ago