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Fossil Energy

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Totalenergies' FSRU Cape Ann; Credit: Jean Nicholas Guillo/Greenpeace
Fossil Energy

Eleven arrested after activists expressed their ire over arrival of TotalEnergies’ FSRU in France

After a FSRU, chartered by TotalEnergies, arrived in France, climate activists took steps to express their dissatisfaction with its arrival.

about 3 years ago
Kate Thomson, BP's interim CFO; Source: BP
Fossil Energy

BP picks interim CFO

BP has appointed an interim Chief Financial Officer (CFO), after moving its previous CFO to the interim Chief Executive Officer (CEO) role.

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about 3 years ago
Natural gas produced from the Ormen Lange deep-water field off Norway’s coast flows for processing at the Nyhamna plant, before it is piped to the UK; Source: Shell
Fossil Energy

Shell prolongs Aker Solutions’ work on natural gas facility serving Norwegian Sea field

Aker Solutions has secured a long-term contract extension with Shell for a natural gas processing plant in Norway.

about 3 years ago
Jotun FPSO; Source: Vår Energi
Fossil Energy

Another North Sea project hit by cost inflation as capex estimate goes up

Vår Energi has updated its cost estimate for a field life extension project in the North Sea off Norway to reflect a tighter supplier market.

about 3 years ago
Johan Castberg quayside at Aker Solutions, Stord; Credit: Øyvind Gravås/Equinor
Fossil Energy

Johan Castberg FPSO still on track for first oil next year but cost estimate jumps to $7.4 billion

Equinor has revised the cost estimate for its Johan Castberg project in the Barents Sea due to the rise in cost within the industry.

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

New gas discovery in North Sea seen as ‘exciting’ play opener

Norwegian oil and gas company DNO Norge has made a new gas condensate discovery in the Norwegian sector of the North Sea.

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

Coming to grips with a mixed bag of energy transition expectations

As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.

12 minutes read
Gazprom delivers its first LNG via Northern Sea Route
Fossil Energy

Gazprom delivers its first LNG via Northern Sea Route

Russia’s Gazprom has announced that its own-produced shipment of liquefied natural gas (LNG) at the complex near the Portovaya CS was completely unloaded from the Velikiy Novgorod LNG tanker at the Tangshan LNG import terminal in China. Gazprom noted it was the first time its own-produced LNG was de

about 3 years ago
Pilot field development plan; Source: Orcadian Energy
Fossil Energy

Potential sale of operatorship and stake in giant undeveloped North Sea discovery underway

Orcadian Energy has set the wheels into motion to sell a big chunk of its interest in a huge undeveloped North Sea field to an undisclosed player on the UK Continental Shelf (UKCS).

about 3 years ago
Triple contract win brings $260 million to DOF
Fossil Energy

Triple contract win brings $260 million to DOF

Norway’s DOF Group has won three new service contracts with Brazilian state-owned oil and gas giant Petrobras that are worth more than $260 million. The contracts include survey and inspection work and will see at least three vessels used to perform flexible pipeline, risers and subsea equipment ins

about 3 years ago
Enagás and Port of Huelva to jointly promote hydrogen and bioLNG projects
Fossil Energy

Enagás and Port of Huelva to jointly promote hydrogen and bioLNG projects

Spanish energy company Enagás and Port of Huelva have signed an agreement to facilitate the integration of renewable gases such as hydrogen and BioLNG into the integrated logistics chain and promote future decarbonisation projects at the Enagás plant in Huelva. The agreement aims to establish the gr

about 3 years ago
KN starts Klaipeda LNG capacity allocation
Fossil Energy

KN starts Klaipeda LNG capacity allocation

Lithuanian Klaipeda LNG terminal operator Klaipedos Nafta (KN) has offered the market 9 TWh of the LNG terminal regasification capacities for the period from 2025 to 2032 and from 2033 onwards. The National Energy Regulatory Council approved the updated allocation model at the end of July, and accor

about 3 years ago
Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)
Fossil Energy

In focus: Accelerating buildout of sustainable energy mix amid fossil fuel impasse

Last week’s G20 summit in India concluded with mixed progress on environmental issues. The leaders hailed the ambitious new renewable energy goal to “pursue and encourage efforts to triple renewable energy capacity globally” by 2030. However, the gathering was marked with lingering disagreements and

about 3 years ago
Gina Krog platform in North Sea; Source: Øyvind Torjusen/Equinor
Fossil Energy

Equinor hands over development plan for multi-million gas tie-back in North Sea

Equinor has submitted a plan for the development and operation (PDO) for a gas discovery in the North Sea.

about 3 years ago