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Fossil Energy

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Depsea Yantai rig; Source: Neptune Energy

Fossil Energy

Neptune gearing up to spud North Sea wildcat with Odfjell Drilling-managed rig

Neptune Energy has secured a drilling permit from the Norwegian authorities for an exploration well in the North Sea off Norway.

about 3 years ago

Fossil Energy

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

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2045

TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

about 3 years ago

Fugro updates 2027 strategy, plans to expand into CCUS

Fossil Energy

Fugro updates 2027 strategy, plans expansion into CCUS

Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur

about 3 years ago

Fossil Energy

Two Boskalis vessels join Seacontractors fleet

The Netherlands-headquartered maritime service provider Seacontractors has expanded its fleet with the acquisition of two Boskalis’ anchor handling tugs (AHTs).

about 3 years ago

Fossil Energy

Wintershall Dea enters second UK carbon capture and storage project

Carbon Catalyst has completed the farmout of a 10% interest in a carbon capture and storage (CCS) project in the UK North Sea to Wintershall Dea. Carbon Catalyst reported on November 14 that it had completed the farmout of a 10% working interest in the Poseidon carbon storage license located in the

about 3 years ago

Environmental Defense Fund Europe (EDFE)

Fossil Energy

Is the EU ready to take decisive steps towards slashing its methane footprint from imports?

The EU’s decision-makers are preparing to weigh in on whether to include a performance standard for methane emissions from imports.

about 3 years ago

Fossil Energy

UK firm lands North Sea deal with Neptune

Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea.

about 3 years ago

Fossil Energy

In focus: Increase in fossil fuel production threatens global climate goals

Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough

about 3 years ago

Paul B. Loyd Jr. rig; Source: Transocean

Fossil Energy

Dolphin Drilling gets UK safety case acceptance for rig being acquired from Transocean

Dolphin Drilling has received safety case acceptance from the UK Offshore Major Accident Regulator (OMAR) for a semi-submersible rig.

about 3 years ago

Penguins FPSO; Credit: Chris J Ratcliffe; Source: Greenpeace

Fossil Energy

Multi-million legal threat brews on UK horizon, as Shell sues Greenpeace for boarding North Sea-bound FPSO

Shell is in the process of bringing forth one of the biggest legal challenges Greenpeace has ever faced

about 3 years ago

UK oil & gas firm obtains approval to buy stake in two blocks off Angola

Fossil Energy

UK oil & gas firm obtains approval to buy stakes in Angolan offshore blocks

UK-headquartered Afentra, through its wholly-owned subsidiary Afentra (Angola) Ltd., has received approval from the Government of Angola for the acquisition of interests in two blocks offshore Angola from state-owned oil and gas company Sonangol. Afentra announced it had received the approval for th

about 3 years ago

Fossil Energy

Reach Subsea inks charter contract for low-emission survey vessel

Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine

about 3 years ago

Fossil Energy

Spirit Energy gives more work to Well-Safe Solutions rig

Aberdeen-based decommissioning services provider Well-Safe Solutions has signed an agreement with Spirit Energy to add a well to the existing scope of the Well-Safe Defender semi-submersible rig. The expanded scope will include a well from the Appleton field located 160 miles east of Dundee, origina

about 3 years ago

Argeo confirms $4.9 million contract with Shell

Fossil Energy

Argeo details $4.9 million contract win

Following the announcement in early October that it will be working for an “oil and gas supermajor”, Argeo has now revealed the client and remaining details. Argeo announced on November 9 that it had signed a NOK 55 million (over $4.9 million) contract for the Bonga field subsea assets work program

about 3 years ago