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Fossil Energy

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FPSO & VesselsOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionRegulation & PolicyRules & RegulationLow-Carbon TransitionCarbon Capture Usage & StorageCollaborationTransitionGreen MarineInfrastructureProject & TendersSubseaOutlook & StrategyDecommissioningProduction & ProcessingEquipmentRigsLiquefied Natural GasMarket OutlooksHuman Capital
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Fossil Energy

UK oil & gas firm gets the go-ahead to bring field online as tie-back to North Sea FPSO

Serica Energy has received a stamp of approval to develop its operated field in the North Sea, which will be tied back to an existing FPSO.

about 2 years ago
Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy
Fossil Energy

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

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  • 2045

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago
MOL
Fossil Energy

MOL: CCS Baltic Consortium’s CO2 value chain project granted EU PCI status

The European Commission has granted the status of Project of Common Interest (PCI) to the carbon dioxide (CO2) capture and transportation project in Lithuania and Latvia developed by CCS Baltic Consortium.

about 2 years ago
COSL Promoter; Source: COSL Drilling Europe
Fossil Energy

COSL Drilling hands out multi-million assignment to Odfjell Technology

The UK’s Odfjell Technology has inked a long-term deal for the provision of tubular running services with COSL Drilling Europe.

about 2 years ago
Norway and Switzerland strengthen CCS, CDR ties
Fossil Energy

Norway and Switzerland strengthen CCS, CDR ties

Norway and Switzerland have signed a declaration of intent to strengthen cooperation on carbon capture and storage (CCS) and carbon dioxide removals (CDR) between the two countries.

about 2 years ago
Cormorant Alpha topsides; Source: TAQA
Fossil Energy

AquaTerra rakes in seven-figure sum thanks to four decom gigs

The UK’s AquaTerra Group has won four deals for decommissioning projects, said to be valued in the million-dollar price range.

about 2 years ago
Expro finalizes purchase of UK well construction and intervention services provider
Fossil Energy

Expro finalizes purchase of UK well construction and intervention services provider

Energy services provider Expro has completed the acquisition of Scotland-based Coretrax, a provider of performance drilling tools and wellbore cleanup, well integrity, and production optimization solutions. The acquisition, from an investment group led by Buckthorn Partners, is expected to enable Ex

about 2 years ago
Shearwater platform in the North Sea; Source: Shell
Fossil Energy

Stake in Shell’s UK gas field enables Norwegian player to bolster North Sea portfolio

DNO has enriched its North Sea portfolio with a new addition, thanks to the acquisition of an interest in a Shell-operated gas field.

about 2 years ago
Ross Offshore CEO Jørgen Jørgensen; Source: Ross Offshore
Fossil Energy

ABL acquires compatriot energy player in bid to strengthen position in oil & gas markets

ABL Group has inked a deal to buy Norway’s Ross Offshore from Moreld Group to expand its oil, gas, and renewables portfolios.

about 2 years ago
Hejre jacket; Credit: INEOS
Fossil Energy

Another contractor gets FEED deal for North Sea gas platform

Kent has landed a front end engineering design (FEED) contract for a high-pressure, high-temperature (HP/HT) gas production platform in the North Sea off the coast of Denmark.

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Fossil Energy

Aker BP preparing to spin the drill bit in Norwegian Sea

Aker BP has secured a green light to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the Norwegian Sea.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Fossil Energy

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago
Heidrun field on Haltenbanken in the Norwegian Sea; Source: Harald Pettersen/Equinor
Fossil Energy

Equinor and Petoro swap assets in Norwegian waters

Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).

about 2 years ago
Chris Cox, Serica's incoming CEO; Source: Nostrum Oil & Gas
Fossil Energy

Former Spirit Energy CEO takes the same role at Serica

UK’s Serica Energy has picked a new CEO to spearhead the company which has been in the hands of an Interim CEO for over three months.

about 2 years ago