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Fossil Energy

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A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage pot
Fossil Energy

PGS, TGS, and SLB working to asses carbon storage potential in Malaysian basin

A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage potential across the Penyu Basin area in Malaysia.

about 2 years ago
Tyra II; Source: TotalEnergies
Fossil Energy
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First gas supplies from TotalEnergies’ mega North Sea project reach Denmark

The first gas supplies exported by the Tyra hub have reached the onshore facilities in Nybro, Denmark, to be distributed to the consumers.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Dana Petroleum joins Shell and Deltic as partner in North Sea asset

Deltic Energy has wrapped up the sale of a partial stake in a Shell-operated license, containing a prospect, which will be drilled this summer.

about 2 years ago
West Libra & West Aquila drillships; Source: Northern Drilling
Fossil Energy

Pursuit of appeal for arbitration ruling regarding two canceled drillships hits a wall

Northern Drilling is contemplating its next steps after its attempts to appeal the court’s arbitration ruling related to canceled orders for two drillships with a South Korean shipbuilder came to naught.

about 2 years ago
Norwegian state-owned firm Petoro has awarded AGR, part of ABL Group with a frame agreement for the supply of supply independent consultancy and third-party verification studies across subsurface, dri
Fossil Energy

Petoro awards AGR frame agreement for suite of services

Norwegian state-owned firm Petoro has awarded AGR, part of ABL Group, with a frame agreement for the supply of independent consultancy and third-party verification studies across subsurface, drilling, and wells and field development. Petoro manages a direct financial stake in Norway’s oil and gas in

about 2 years ago
Pilot field development plan; Source: Orcadian Energy
Fossil Energy

New operator takes the reins at UK’s huge undeveloped field ahead of development plan submission

Orcadian Energy has divested a lion’s share of its interest in a giant undeveloped North Sea field and passed the operatorship baton to Ping Petroleum UK.

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

Will Great Britain unlock offshore energy opportunities worth hundreds of billions?

Policymakers have been urged to put supportive policies and competitive taxes in place to enable the UK to seize domestic energy opportunities.

about 2 years ago
New guidance to aid North Sea industry in managing CO2 storage sites
Fossil Energy

New guidance to aid North Sea industry in managing CO2 storage sites

UK regulator North Sea Transition Authority (NSTA) has published two sets of guidance expected to help the industry prepare for first carbon storage injection. The UK Government last year set out its vision for the carbon storage industry pledging up to £20 billion investment and suggesting that it

about 2 years ago
SLB buying majority ownership in Norwegian carbon capture company
Fossil Energy

SLB buying majority ownership in Norwegian carbon capture company

American oilfield services company SLB is acquiring majority ownership in Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) as part of an agreement under which the two parties will combine their respective carbon capture businesses. SLB will pay NOK 4.12 billion (around $379.4 mil

about 2 years ago
Illustration; Source: VTTI
Fossil Energy

Dutch-German duo to acquire majority stake in Italy’s LNG terminal

Dutch VTTI and German IKAV have formed a consortium to buy the majority stake in Terminale GNL Adriatico, known as Adriatic LNG, in Italy.

about 2 years ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Fossil Energy

NSTA’s plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight

UK regulator North Sea Transition Authority (NSTA) has launched a new emissions reduction plan highlighting that action is required for production decarbonization, including action on flaring and venting and the electrification of oil & gas installations, to ensure the future of the industry and ach

about 2 years ago
Seaway7 and Rhenus Port Logistics extend ten-year collaboration for another decade
Fossil Energy

Seaway7 and Rhenus Port Logistics extend ten-year collaboration for another decade

Following a decade-long collaboration, Seaway7, part of Subsea7, and Rotterdam’s Rhenus Port Logistics have extended their partnership with a new ten-year contract. Under the contract, Seaway7 will remain a long-term customer of the Rhenus Deep Sea Terminal for mobilization and demobilization servic

about 2 years ago
Illustration; Source: Petrofac
Fossil Energy

Petrofac strikes extension deal with ONEgas West in ‘core market’

Petrofac has won a contract extension in the Southern North Sea with ONEgas West, a venture owned by Shell UK and operated by NAM.

about 2 years ago
Global Energy Group (GEG) has finished the fabrication process of two towheads, complete with equipment interface support frames and buoyancy tank interface frame from the Port of Nigg, on behalf of S
Fossil Energy

WATCH: Global Energy Group delivers Subsea7 fabrication scope for Aker BP’s North Sea field

Global Energy Group (GEG) has finished the fabrication process of two towheads, complete with equipment interface support frames and buoyancy tank interface frame from the Port of Nigg, on behalf of Subsea7 for the Aker BP-operated Valhall PWP-Fenris field in the North Sea off Norway. The 66 ton tow

about 2 years ago