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Fossil Energy

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Fatih drillship; Source: Turkish Ministry of Energy and Natural Resources
Fossil Energy

Türkiye’s drillship kicks off drilling ops in Black Sea

TPAO has started drilling a new well in the Black Sea in a search for more hydrocarbons to further strengthen the country’s energy security.

about 3 years ago
Double win for Baker Hughes offshore Norway
Fossil Energy

Double win for Baker Hughes offshore Norway

Baker Hughes has secured two contracts with Norwegian oil and gas company Vår Energi, said to strengthen its North Sea presence for exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement that will utilize Baker Hughes’ well inter

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about 3 years ago
Unity platform; Source: INEOS
Fossil Energy

INEOS: Windfall taxes and mixed signals from politicians tearing down UK’s oil & gas industry

According to INEOS, a combination of windfall taxes and negative signals from politicians are wreaking havoc on the UK’s oil & gas industry.

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Fossil Energy

Equinor ready to begin drilling work with Transocean rig

Equinor has received consent to use one of Transocean’s semi-submersible rigs for production drilling at a field in the North Sea off Norway.

about 3 years ago
TechnipFMC to work for Petrobras once again
Fossil Energy

TechnipFMC and Petrobras expand ‘many years of collaboration’

Brazilian state-owned oil and gas giant Petrobras has awarded TechnipFMC with a contract to supply flexible pipes for pre-salt fields offshore Brazil. Under the contract deemed as “significant”, TechnipFMC will design, engineer, and manufacture 14 kilometers of gas injection riser pipes and will sup

about 3 years ago
Grane; Credit: Øyvind Hagen/Equinor
Fossil Energy

North Sea oil project gets the go-ahead to come on stream

Equinor has received the seal of approval from Norway’s authorities to bring online an oil field project in the Norwegian sector of the North Sea next month.

about 3 years ago
Dow joins HEH consortium for Stade LNG terminal
Fossil Energy

Enagás closes deal to acquire 10% stake in Germany’s HEH

Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partner

about 3 years ago
FPSO Petrojarl Knarr; Source: Altera Infrastructure
Fossil Energy

Multi-billion investment on the horizon, as UK greenlights giant Rosebank oil field

The North Sea Transition Authority has now given its blessing for the development of the controversial Rosebank field on the UKCS.

about 3 years ago
Survey wraps up at TotalEnergies' CO2 storage license
Fossil Energy

Survey wraps up at TotalEnergies’ CO2 storage license

Shearwater GeoServices has completed a carbon storage survey project in the Danish North Sea for French energy giant TotalEnergies. The survey covers a CO2 geological storage license awarded to TotalEnergies earlier this year. To remind, the Danish Ministry of Climate, Energy and Supply announced on

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Fossil Energy

IEA’s net-zero recipe: Going green and slashing fossil fuels’ role in energy mix while pursuing ‘equitable’ transition

The IEA believes that the path to limiting global warming to 1.5 °C has narrowed, however, clean energy growth is still keeping it open.

12 minutes read
Depsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

Recent North Sea discovery deemed ‘important’ for further exploration activities

A new gas condensate discovery in the Norwegian sector of the North Sea, made by DNO Norge, is perceived to be a play-opener.

about 3 years ago
Deepwater Aquila (ex-West Aquila) drillship; Source: DSME
Fossil Energy

Transocean raising cash to pay for its newbuild drillship

Transocean will use the net proceeds from the notes to partially finance the construction, acquisition, and alteration of a drillship.

about 3 years ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies’ energy transition roadmap comes under fire due to oil, gas and LNG ties

An analysis of TotalEnergies’ energy production diversification strategy was undertaken by Reclaim Finance.

about 3 years ago
Courtesy of Corinth Pipeworks
Fossil Energy

Snam hires Greek firm for pipeline works on new FSRU project off Ravenna

Greek company Corinth Pipeworks has secured a contract with Italian energy player Snam to manufacture and supply steel pipes for the development of an offshore and onshore natural gas pipeline for a floating storage and regasification unit (FSRU) to be deployed offshore Ravenna, Italy. Under the con

about 3 years ago