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Fossil Energy

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Johan Sverdup field in the North Sea; Credit: Lizette Bertelsen & Jonny Engelsvoll/Equinor
Fossil Energy

Europe redraws black gold map by switching out Russian oil with barrels from other top producers

With the demand for black gold still going strong, Europe has replaced Russian oil barrel for barrel by importing more from other producers.

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

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

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  • 2045

A new report says closer dialogue between producers and consumers is required to ensure security of gas supply while curbing emissions.

about 3 years ago
Deepsea Yantai rig; Credit: Odfjell Drilling
Fossil Energy

Norway sheds light on recent gas discovery in North Sea

More information about a recent gas and condensate discovery in the Norwegian sector of the North Sea has come to light.

about 3 years ago
EU and global partners reinforce efforts to reduce methane emissions across LNG value chain
Fossil Energy

EU and global partners reinforce efforts to reduce methane emissions across LNG value chain

The European Commission (EC), Japan, the United States (U.S.), the Republic of Korea and Australia have signed a joint statement which reinforces their efforts towards the reduction of methane emissions arising across the values chain of LNG, from production to consumption. The joint statement by EC

about 3 years ago
Valaris 121 rig; Source: Valaris
Fossil Energy

Valaris jack-up rig kicks off its North Sea gig

One of the jack-up rigs owned by Valaris has started its drilling assignment with Petrofac in the UK sector of the North Sea.

about 3 years ago
Uranus rig; Source: Trillion Energy
Fossil Energy

Black Sea: gift that keeps on giving as sixth well in ongoing drilling campaign hits gas pay

Trillion Energy has discovered “abundant gas pay” in the sixth well in its multi-well drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Geotechnical survey done at UK North Sea gas project
Fossil Energy

Geotechnical survey done at UK North Sea gas project

Hartshead Resources NL (HHR) and its joint venture partner RockRose have completed the geotechnical survey for gas field developments located in the Southern North Sea. Geoquip Marine Operations performed the geotechnical survey across the platform and pipeline locations at the Anning and Somerville

about 3 years ago
FSO Safer; Source: Boskalis
Fossil Energy

VLCC Nautica arrives in Yemen to transfer oil from ‘time bomb’ FSO Safer

A very large crude carrier the Nautica, bought in March by the UN Development Programme (UNDP) from Euronav, as part of a coordinated operation to remove oil from decaying FSO Safer, has arrived in Yemen. The arrival of the VLCC has been confirmed by Yemeni Foreign Minister, Ahmed Bin Mubarak. Nauti

about 3 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Fossil Energy

Longboat and JAPEX create new player on Norwegian oil & gas stage

Longboat Energy and JAPEX have completed all the steps required for the creation of their Norwegian joint venture (JV).

about 3 years ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Fossil Energy

Odfjell Drilling strengthens ties with Equinor and confirms two rig deals

Odfjell Drilling has inked contracts for one of its semi-submersible rigs to carry out drilling activities in the North Sea.

about 3 years ago
In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Fossil Energy

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

about 3 years ago
Shearwater to perform 'pioneering' survey over Norwegian gas field
Fossil Energy

Shearwater to perform ‘pioneering’ survey over Norwegian gas field

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has appointed Shearwater GeoServices to conduct a “pioneering” towed streamer survey with ocean bottom nodes (OBN) over its gas and condensate discovery offshore Norway. Under the contract, Shearwater is set to begin the hybrid survey ove

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

One of UK’s largest undeveloped oil fields put on hiatus once again

Reports indicate that the decision on whether to approve or not one of the largest undeveloped oil fields in the UK is unlikely anytime soon.

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

Will UK’s new CCUS strategy open doors to multi-billion global supply chain market?

A new carbon capture supply chain strategy is expected to pave the way for Britain to gain entry into the global supply chain market.

14 minutes read