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Fossil Energy

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Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Fossil Energy

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
CO2 injection test on schedule at license encompassing ‘UK’s largest depleted gas field’
Fossil Energy

CO2 injection test on schedule at license encompassing ‘UK’s largest depleted gas field’

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Preparations are currently underway for a CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses the “UK’s largest depleted gas field”. Perenco UK and Carbon Catalyst Limited secured a license to progress their Poseidon CCS project at the Leman gas fields

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Fossil Energy

Noble rig finds more work in UK waters

Noble Corporation has landed a new assignment for one of its harsh environment jack-up rigs with Harbour Energy.

about 2 years ago
Second order lands on Huisman's desk for new subsea crane
Fossil Energy

Second order lands on Huisman’s desk for new subsea crane

Huisman has secured a contract with a company that is part of a Malaysia-based integrated oil & gas services and energy infrastructure solutions provider for the delivery of a deepwater knuckle boom crane. Huisman recently introduced its optimized knuckle boom crane series, designed specifically for

about 2 years ago
Illustration; Source: Vår Energi
Fossil Energy

Vår Energi shifts methane reduction efforts into higher gear as it comes aboard UN-led program

Vår Energi has joined an initiative led by the United Nations Environment Programme to improve the accuracy of methane emissions reporting.

about 2 years ago
BW Energy's outgoing CFO, Knut R. Sæthre; Source: BW Energy
Fossil Energy

New hire taking over the CFO helm at BW Energy

BW Energy has appointed a new Chief Financial Officer (CFO) to replace the current one after five years of tenure.

about 2 years ago
Ougarta LNG carrier; Source: Sonatrach
Fossil Energy

Sonatrach hands over first LNG cargo to Croatia and seals natural gas deal with Slovenian firm

Sonatrach has strengthened natural gas ties with Slovenia, thanks to an agreement with Geoplin.

about 2 years ago
Illustration; Source: JDR Cable Systems
Fossil Energy

Interview with JDR: Spotlight on subsea cables’ starring role in oil & gas and renewable plays during transformation to greener energy mix

Subsea cables are expected to remain at the heart of further energy transition moves, according to JDR Cable Systems.

about 2 years ago
Weathervane of Freedom on FSRU Independence; Source: KN Energies
Fossil Energy

Lithuania’s FSRU marks its tin anniversary with folk art depicting energy independence road

Lithuania’s FSRU has been decorated with a traditional weathervane to mark ten years since the vessel docked at the Klaipėda LNG terminal.

about 2 years ago
Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Fossil Energy

Busy times ahead for offshore gas field as activities in Black Sea unfold

Trillion Energy has set the stage to undertake a two-month work program on a natural gas field in the Black Sea off the coast of Türkiye.

about 2 years ago
Synergia Energy
Fossil Energy

UK firm goes on the hunt for partners to join its North Sea CCS project

Synergia Energy is on the lookout for partners that will join its carbon capture and storage (CCS) project in the UK sector of the North Sea.

about 2 years ago
FPSO Triton; Source: Dana Petroleum
Fossil Energy

Subsea7’s new multibillion-dollar UK gig brings it more work in North Sea oil & gas arena

Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field in the North Sea.

about 2 years ago
FPSO Alvheim; Source: Aker BP
Fossil Energy

On portfolio optimization quest, Vår Energi offloads stake in North Sea oil field

Vår Energi has set the wheels into motion to sell its interest in a field in the Norwegian sector of the North Sea, operated by Aker BP.

about 2 years ago
Troll A platform; Source: Equinor
Fossil Energy

SLB, Subsea7, and Aker Solutions’ JV finds work on $1 billion North Sea gas project

OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, will work on a project that aims to bolster gas infrastructure at a giant oil and natural gas field in the North Sea.

about 2 years ago