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Fossil Energy

IEA: Oil in transit reaches record highs due to shipping disruptions

Shipping disruptions through the Red Sea are pushing the amount of oil in transit to record levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR).

about 2 years ago

Fossil Energy

TotalEnergies resumes gas flow from first field as North Sea project enters ‘core’ start-up phase

TotalEnergies is days away from bringing its redevelopment project in the Danish sector of the North Sea back online, as gas from one of the fields flows into the offshore facilities.

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about 2 years ago

Final subsea system components on their way to Enauta's Santos Basin field

Fossil Energy

Final subsea system components headed to Enauta’s Santos Basin field for first oil

Final subsea system components destined for Enauta’s field development project in the Santos Basin are on their way from the UK to Brazil. Brazilian oil and gas player Enauta reported on March 15 that the flexible pipeline system, the last pending subsea system equipment for the FPSO Atlanta product

about 2 years ago

Fossil Energy

Intra-group merger on Vår Energi’s agenda

Vår Energi has set the wheels into motion to complete an intra-group merger with its wholly-owned subsidiary Vår Energi Norge.

about 2 years ago

Fossil Energy

Siem Offshore’s vessel staying busy outside North Sea throughout 2024

An AHTS vessel from Siem Offshore has been hired for the rest of the year by an undisclosed firm, which is said to be an international oil major.

about 2 years ago

Ocean GreatWhite semi-submersible rig; Source: Kishorn Port

Fossil Energy

One of world’s largest semi-sub rigs comes back to UK port ahead of resuming drilling gig with BP

A giant rig has returned to the UK’s Kishorn port to prepare for its return to the drilling campaign with BP in the UK North Sea.

about 2 years ago

Fossil Energy

Ulstein unveils new subsea vessel

Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel for floating and fixed installations in the offshore wind market, as well as for offshore oil & gas. Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstei

about 2 years ago

BP, Equinor and TotalEnergies pick 9 contractors for UK's 'vital' decarbonization projects

Fossil Energy

BP, Equinor and TotalEnergies pick 9 contractors for UK’s two ‘vital’ decarbonization projects

BP, Equinor and TotalEnergies have selected nine contractors for engineering, procurement, and construction contracts, with a combined value of around £4 billion, for two projects being developed in Teesside that are said to be vital for the UK’s decarbonization journey. Net Zero Teesside Power (NZT

about 2 years ago

Bideford Dolphin semi-submersible rig; Source: Dolphin Drilling

Fossil Energy

Dolphin Drilling gets rid of 1975-built semi-sub rig

Offshore drilling contractor Dolphin Drilling has decided to sell one of its semi-submersible rigs for scrap to further enhance its fleet.

about 2 years ago

Fossil Energy

BP and Baker Hughes make headway in monitoring methane emissions from flaring

Baker Hughes has joined forces with BP to bring a new application for the upstream oil and gas sector to life as part of its emissions abatement technology.

about 2 years ago

Transocean Enabler rig; Photo: Transocean

Fossil Energy

All systems go for Equinor to use Transocean rig for drilling ops

Equinor has received consent to deploy one of Transocean’s rigs for exploration activities in the Barents Sea.

about 2 years ago

Fossil Energy

Straatman commissions mooring system for Germany’s Stade LNG terminal

Dutch maritime equipment manufacturer Straatman has commissioned the complete mooring system for Germany’s Stade LNG terminal, which is expected to play an important role in facilitating LNG imports and securing the country’s supply. Stratman revealed that with the first arrival of the floating stor

about 2 years ago

Johan Sverdrup field in the North Sea; Credit: Arne Reidar Mortensen/Equinor

Fossil Energy

Trio snaps up more than $1.75 billion for drilling jobs on Equinor’s 19 offshore oil & gas assets

Equinor has handed out four-year contract extensions to three companies for work on 19 platforms located off the coast of Norway.

about 2 years ago

Fossil Energy

How far has Shell’s decarbonization journey gone and what is yet to come?

Shell has reiterated its commitment to halving Scope 1 and 2 emissions from its operations by 2030, compared with 2016 on a net basis.

about 2 years ago