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Fossil Energy

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Four firms net EPCI subsea contract for giant Black Sea natural gas project
Fossil Energy

Four firms win EPCI subsea contract for giant Black Sea gas project

Turkish Petroleum has awarded a contract for subsurface solutions for the second phase of what is said to be one of Türkiye’s largest energy projects ever built to four companies. Subsea 7 confirmed the award of the “major” contract by Turkish Petroleum for the second phase of the Sakarya field deve

about 3 years ago
More work for Expro with Harbour Energy
Fossil Energy

More work for Expro with Harbour Energy

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UK-headquartered energy services provider Expro has secured a new contract with Harbour Energy for a well abandonment campaign as part of a decommissioning project on the UK Continental Shelf. The multi-year contract, valued at more than $20 million, will see Expro use its Subsea Well Access technol

about 3 years ago
In focus: Energy security in Europe – New links to strengthen the chain
Fossil Energy

In focus: Energy security in Europe – New links to strengthen the chain

Ever since the first days of the Russia-Ukraine war, energy security has been one of the top global concerns and – with gas supply issues still high on the agenda and another winter coming, accompanied by recent warnings from the Dutch intelligence and NATO on potential dangers to the offshore energ

about 3 years ago
Oil & gas firm awarded offer of CO2 storage licenses in UK's first-ever such round
Fossil Energy

Oil & gas firm secures offers in UK’s first-ever CO2 storage licensing round

UK oil and gas company EnQuest has secured the offer of carbon storage licenses as part of the UK’s first-ever round of carbon sequestration licenses issued by the North Sea Transition Authority (NSTA). The license offers are within application areas known as Northern North Sea 1 and Northern North

about 3 years ago
Buzzard oil and gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Fossil Energy

In the midst of industrial unrest in UK’s oil & gas sector, CNOOC inks ‘significant recognition’ deal

The UK’s Unite the union has secured – what it deems as – a recognition deal with CNOOC Petroleum Europe Limited (CNOOC).

about 3 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Fossil Energy

New task for Noble to tackle nonconformities on jack-up rig

Norwegian regulator has carried out an audit of management of materials handling and the working environment on one of Noble’s jack-up rigs.

about 3 years ago
After Brazil, Equinor appoints TechnipFMC for work offshore Norway
Fossil Energy

After Brazil, Equinor appoints TechnipFMC for work offshore Norway

TechnipFMC has secured what it describes as a “significant” contract with Equinor to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf (NCS). Under the agreement, TechnipFMC will provide production enhancement, production data, and pre-plug-and-abandonment

about 3 years ago
More time for UK oil & gas firm to get funding for purchase of North Sea license
Fossil Energy

‘No guarantee sale will be completed’ as UK firm faces another delay in purchase of North Sea license

United Oil & Gas (UOG) has agreed to give more time to UK-headquartered oil and gas company Quattro Energy to secure funding for the purchase of a license in the UK Central North Sea that includes an existing hydrocarbon discovery. The two parties entered into a binding asset purchase agreement (APA

about 3 years ago
20 carbon storage licenses on offer offshore UK
Fossil Energy

20 carbon storage licenses offshore UK offered to 12 companies

The North Sea Transition Authority (NSTA) has offered 12 companies awards for 20 carbon storage licenses in the UK’s first-ever CO2 storage licensing round. The NSTA launched the UK’s first-ever carbon storage licensing round in June 2022, with applications closing in September. The 20 licenses in t

about 3 years ago
Two new contracts reel in $850 million for Saipem
Fossil Energy

Two new contracts reel in $850 million for Saipem

Italian oilfield services provider Saipem has secured two new offshore contracts with an overall value of approximately $850 million. Saipem has been awarded an engineering, procurement, construction and installation (EPCI) contract by Turkish Petroleum OTC for the second phase of the Sakarya FEED a

about 3 years ago
Fifth well in Black Sea drilling campaign finds more 'abundance of gas pay'
Fossil Energy

Fifth well in Black Sea drilling campaign finds ‘abundance of gas pay’

Canada’s oil and gas player Trillion Energy has discovered an ‘abundance of gas pay’ with the fifth well in its multi-well program at a natural gas field in the Black Sea off Türkiye. The Bayhanli 2 well was spud on 5 April at the East Ayazli Tripod on the SASB gas field with the Uranus rig, which w

about 3 years ago
Danish firm appointed to green recycle SBM Offshore's FPSO
Fossil Energy

SBM Offshore FPSO to undergo green recycling in Denmark

Netherlands-headquartered SBM Offshore has awarded Modern American Recycling Services Europe (M.A.R.S.) with a contract for dismantling and green recycling of one of its FPSOs. The contract includes engineering, preparation, dismantling and green recycling of SBM Offshore’s FPSO Capixaba in Brazil.

about 3 years ago
Hywind Tampen floating wind farm now delivering to second oil and gas field
Fossil Energy

Hywind Tampen floating wind farm now delivering to second oil and gas field

Equinor’s Hywind Tampen, the world’s largest floating offshore wind farm in operation, has started delivering electricity to the Snorre oil and gas field in the Norwegian North Sea. The 88 MW Hywind Tampen delivered first power in November 2022. The electricity was delivered to the Gullfaks A platfo

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

UK windfall tax hike stokes fears of a collapse in North Sea oil & gas investments

A lot of the money that was scheduled to go into the North Sea is being switched to the U.S. where oil and gas investments are booming.

about 3 years ago