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Fossil Energy

North Sea oil & gas projects with $14.9 billion investment tag inch closer to green light

Aker BP is one step closer to getting the final stamp of approval for the development of its oil & gas projects in the North Sea off Norway.

about 3 years ago

Åsgard B platform; Credit: Øyvind Hagen/Equinor

Fossil Energy

Inquiry into fire incident at Norwegian offshore gas platform draws to a close

Norwegian offshore safety regulator has finished investigating a fire incident on a platform in the Norwegian Sea.

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about 3 years ago

Fossil Energy

Aker BP extends another collaboration for subsea services

Subsea 7 has secured an extension of the existing frame agreement with Aker BP under which it will continue providing subsea services for the company’s developments on the Norwegian continental shelf (NCS). Under the agreement, Subsea 7 will provide engineering, fabrication and installation activiti

about 3 years ago

The new anchor handler (AHT) and platform supply vessels (PSV) can use alternative fuels, such as methanol, ammonia, and hybrid-battery power; Source: Kongsberg Maritime

Fossil Energy

Kongsberg’s suite of new vessel designs brings methanol, ammonia, and hybrid-battery power into play

Kongsberg Maritime has unveiled new vessel designs, featuring next-generation anchor handler (AHT) and platform supply vessels (PSV).

about 3 years ago

Depsea Yantai rig; Source: Odfjell Drilling

Fossil Energy

Go-ahead for two oil & gas firms to drill in North Sea with Odfjell rigs

Aker BP and Neptune Energy have received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian North Sea.

about 3 years ago

Heerema Marine Contractors' Thialf crane vessel; Source: DNO

Fossil Energy

Heerema’s giant vessel removes North Sea platform

DNO has wrapped up the last major offshore operation under its multi-year decommissioning programme in the North Sea.

about 3 years ago

Illustration; Source: American Petroleum Institute (API)

Fossil Energy

Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention

Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.

about 3 years ago

Noble Highlander jack-up rig (for illustration purposes); Source: Noble Corporation

Fossil Energy

May brings upsurge in international offshore rig count activity

Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.

about 3 years ago

Fossil Energy

In focus: Investments in clean energy to top $1.7 trillion in 2023

Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,

about 3 years ago

Fossil Energy

Congo and Technip Energies ink energy cooperation agreement

Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both

about 3 years ago

Fossil Energy

Norwegian partners extend cooperation on subsea production systems

Aker Solutions has signed a frame agreement extension with Aker BP under which it will provide subsea production systems to the company’s projects on the Norwegian continental shelf (NCS) until 2029. The agreement may also cover assistance to Aker BP for feasibility studies and concept developments,

about 3 years ago

Fossil Energy

More gas flows from Black Sea field as fifth well in ongoing drilling campaign comes on stream

Trillion Energy has brought online the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago

Illustration; Source: Offshore Energies UK (OEUK)

Fossil Energy

Can oil & gas lend a helping hand in bridging the skills gap in emerging offshore energy sectors?

The offshore energy industry is facing an ever-increasing energy skills gap regarding workers spearheading the transition to green sources.

about 3 years ago

Fossil Energy

New development plan for reservoir off Cyprus includes ‘change to fundamental project concept’

The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,

about 3 years ago