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Fossil Energy

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EnQuest sells 15% interest in UK field and FPSO
Fossil Energy

EnQuest sells 15% interest in UK field and FPSO

EnQuest has reached an agreement with Viaro Energy for the sale of a 15% working interest in a North Sea field and floating production, storage and offloading vessel (FPSO). EnQuest reported it had reached an agreement with Viaro Energy’s subsidiary RockRose UKCS 10 today, December 22, to sell a 15%

about 2 years ago
Reprocessed seismic data reveals 'promising chapter' for Black Sea gas field
Fossil Energy

Reprocessed seismic data reveals ‘promising chapter’ for Black Sea gas field

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  • 2045

Canadian oil and gas player Trillion Energy has completed 3D seismic reprocessing for a natural gas field in the Black Sea off Türkiye which is said to have shown significant implications for exploration potential. 3D seismic reprocessing has been completed for the SASB gas field and Trillion Energy

about 2 years ago
Equinor exits Azerbaijan
Fossil Energy

Equinor exits Azerbaijan

Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the

about 2 years ago
MAN ES compressors to replace another OEM's units at Equinor's platform
Fossil Energy

MAN ES compressors to replace another OEM’s units at Equinor’s platform

Norwegian state-owned energy giant Equinor has selected MAN Energy Solutions to deliver compressor bundles that will replace units from another original equipment manufacturer (OEM) at a platform offshore Norway. MAN Energy Solutions will deliver a total of three compressor bundles and an additional

about 2 years ago
SEFE and Equinor forge gas and hydrogen ties
Fossil Energy

SEFE and Equinor forge gas and hydrogen ties

German Securing Energy for Europe (SEFE) and Norway’s energy major Equinor have signed a long-term gas sales agreement, as well as a non-binding letter of intent (LoI) on large-scale hydrogen supplies. Under the gas sales agreement, Equinor will supply SEFE with 111 TWh (circa 10 bcm) of natural gas

about 2 years ago
Courtesy of Harbour Energy
Fossil Energy

Harbour Energy getting its hands on Wintershall Dea’s E&P portfolio, bar Russian one, for $11.2 billion

Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.

about 2 years ago
Fugro embarks on another task to convert PSVs into geotechnical vessels
Fossil Energy

Fugro embarks on another task to convert PSVs into geotechnical vessels

Fugro is planning to repurpose two platform supply vessels (PSVs) into geotechnical vessels. This news comes as the Dutch company is currently in the process of repurposing two other PSVs into geotechnical vessels. Fugro announced it had reached an agreement to acquire the Wartsila-designed Sea Gold

about 2 years ago
Island Constructor to pick up next-gen subsea equipment
Fossil Energy

Island Constructor to pick up next-gen subsea equipment

Island Offshore’s subsea vessel Island Constructor is set to pick up new, next-generation subsea equipment after it completes an assignment in January. Island Constructor, build 279 from Ulstein Verft, will return to the yard in January for a service assignment. The vessel will finish a well service

about 2 years ago
Courtesy of the European Commission; Credit: Mauro Bottaro
Fossil Energy

Eight countries take steps to erase fossil fuels from EU’s power system as ‘ground-breaking’ new law comes to light

Eight European countries – Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland, and Lithuania – have made commitments that put them en route to fossil-free power by 2035.

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

With oil spill all sorted out, Aker BP’s North Sea field back online after unplanned downtime

Aker BP has restored production at a field located in the central part of the North Sea, close to the British sector.

about 2 years ago
BP and Subsea7 extend agreement from 1998
Fossil Energy

BP and Subsea7 extend agreement from 1998

Subsea7 has secured an extension of the existing frame agreement with UK energy giant BP for subsea construction, inspection, repair and maintenance services (IRM), for assets in the North Sea. Under the terms of the two-year extension to the end of 2025, Subsea7 will provide an IRM, survey and ligh

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

North Sea assignment lengthened for another Noble jack-up rig

Noble Corporation has won a contract extension for one of its jack-up rigs with Harbour Energy for operations in the UK part of the North Sea.

about 2 years ago
Niedersachsen Ports
Fossil Energy

New Stade LNG jetty opens doors for independent energy supply in Germany

Only 330 days after starting construction, Germany’s seaport company Niedersachsen Ports has handed over a new landing pier for floating storage and regasification units (FSRUs) in Stade to operators.

about 2 years ago
TAQA eyes joining Greece-Cyprus interconnector
Fossil Energy

TAQA eyes joining 900-kilometer European interconnector

Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explor

about 2 years ago