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Fossil Energy

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Boyko towers; Source: Ukraine’s military intelligence authorities
Fossil Energy

WATCH: Ukraine seizes control over Black Sea oil & gas drilling platforms from Russia

Following a military operation, Ukraine has brought back into its fold platforms in the Black Sea off the coast of Crimea.

about 3 years ago
Castoro 10 pipelay barge will carry out offshore operations for this FSRU project; Source: Saipem
Fossil Energy

After Saipem, Rosetti Marino confirms work on new FSRU project off Italy

Rosetti Marino has been hired by Snam Rete Gas for work on the facilities for a FSRU to be developed for deployment in the Adriatic Sea.

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about 3 years ago
In focus: Road to net zero has become much bumpier
Fossil Energy

In focus: Road to net zero has become much bumpier

Weening the world off fossil fuels and developing clean alternatives was bound to be hard even in perfect circumstances, but the latest global developments are bringing into question if any of the current efforts to decarbonize and reach net zero are even achievable in the given time-frames. Case in

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

UK’s oil & gas, offshore wind, CCS, and hydrogen investments to hit whopping £200 billion by 2030

The UK’s total offshore energy investment in oil, gas, renewables and low-carbon energies could reach £200 billion this decade.

about 3 years ago
David Sheret (Archer Knight) and David Boggs (Energy Maritime Associates); Source: Archer Knight
Fossil Energy

Two firms embark on merger quest to create ‘formidable force’ in offshore energy market intelligence

Aberdeen-based Archer Knight (Holdings) Limited has revealed a merger deal to acquire Singapore’s Energy Maritime Associates (EMA).

about 3 years ago
Two new contracts bring €850 million to Saipem
Fossil Energy

Two new contracts bring €850 million to Saipem

Italian oilfield services provider Saipem has secured two new contracts for offshore activities in Côte d’Ivoire and Italy for an overall amount of €850 million. Saipem won a contract with Eni Côte d’Ivoire and its partner Petroci to deliver subsea umbilicals, risers, and flowlines (SURF) for the de

about 3 years ago
Illustration; Source: UN
Fossil Energy

‘Demonisation’ of oil & gas seen as misleading: Is CO2 the main culprit responsible for climate change or the sun?

Three new research papers point a potential finger at the changes in solar activity as the primary cause of climate change.

13 minutes read
Deepsea Stavanger rig; Source: Odfjell Drilling
Fossil Energy

Gears in motion for Aker BP to spud North Sea prospects with Odfjell rig

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea, using Odfjell Drilling’s rig.

about 3 years ago
North Sea gas project 'rapidly taking shape' with start of pipeline survey
Fossil Energy

North Sea gas project ‘rapidly taking shape’ with start of pipeline survey

A pipeline route survey has begun on the Anning and Somerville field developments located in the Southern North Sea. Furthermore, Hartshead Resources NL (HHR) and Rockrose Energy, joint venture partners standing behind the project, have received bids for the platforms. Hartshead Resources NL reporte

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

With UK’s oil & gas industry on decarbonisation quest, more investment needed to tackle challenges ahead

Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.

about 3 years ago
Illustration; Source: SLB
Fossil Energy

INEOS inks technology deal with SLB to back its growth ambitions

Oilfield services company SLB and INEOS Energy have established a technology partnership to collaborate on subsurface technologies implementing digital artificial intelligence solutions. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen to collaborate and innovate subsurface techno

about 3 years ago
PSV Viking Queen; Source: Eidesvik Offshore
Fossil Energy

More time for Eidesvik vessel with Wintershall Dea

Eidesvik Offshore has secured a contract extension for one of its platform supply vessels with Wintershall Dea for operations off Norway.

about 3 years ago
Nick Walker, Vår Energi's new CEO; Source: Vår Energi
Fossil Energy

New CEO takes the reins at Vår Energi

Vår Energi has welcomed a new CEO to spearhead its strategy execution, market engagement, and stakeholder management.

about 3 years ago
Polish firm pursuing only Barents Sea CO2 exploration license
Fossil Energy

Polish firm pursuing operator role for only CO2 exploration license in Barents Sea

Horisont Energi has signed a Letter of Intent (LoI) with energy company PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, under which PUN aims to enter as a partner and operator in the only CO2 exploration license in the Barents Sea. The Norwegian Ministry of Petroleum and Energy announced

about 3 years ago