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Fossil Energy

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Oil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsEquipmentProject & TendersAuthorities & GovernmentExploration & ProductionRegulation & PolicyRules & RegulationRigsSafetyClean FuelHydrogenCarbon Capture Usage & StorageOutlook & StrategyTransitionLow-Carbon TransitionEnvironmentCollaborationTechnologyGreen MarineMarine EnergyOffshore WindTidal & Wave EnergyInfrastructureLNGVisionAmmoniaPropulsionShipbuildingMarket Outlooks
Trendsetter orders well intervention valves for Gulf of Mexico project from Scotland
Fossil Energy

Trendsetter orders well intervention valves from Scotland

Scotland-headquartered subsea intervention technology company Interventek has secured a contract with the U.S. Trendsetter Engineering for the delivery of well intervention valves for a Gulf of Mexico project. As part of the deal, Interventek will deliver a complete set of fully qualified 20,000psi

about 3 years ago
Illustration. Source: Equinor
Fossil Energy

Norway opens doors to more exploration in predefined areas with new oil & gas licencing round

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Norway has launched APA 2023 round for further exploration activity, encompassing the predefined areas on the Norwegian continental shelf.

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Fossil Energy

New task for Transocean regarding rig working off Norway

Norwegian offshore safety regulator has carried out an audit of stability and marine systems on one of Transocean’s semi-submersible rigs.

about 3 years ago
UK 'treasure map' to show North Sea's carbon capture and storage potential
Fossil Energy

UK ‘treasure map’ to show North Sea’s carbon capture and storage potential

The UK Government is planning to create a “treasure map” which will show how much carbon capture and storage (CCS) could be possible under the North Sea seabed. The plan envisages that companies that already have a license to store carbon will have to report what they find to the North Sea Transitio

about 3 years ago
Environmental Defense Fund Europe (EDFE)
Fossil Energy

Good omen for getting rid of methane menace, as EU signals readiness to scale up reduction efforts

European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.

about 3 years ago
Ocean BlackHawk drillship; Source: Diamond Offshore
Fossil Energy

New jobs for Diamond Offshore’s rig fleet in U.S. and UK as drilling market shows signs of ‘broad-based upcycle’

Diamond Offshore has secured new contracts and extensions with higher day rates for several rigs in the U.S. Gulf of Mexico and the UK North Sea.

about 3 years ago
The 3000m-rated Seaeye Leopard ROV (Courtesy of Saab Seaeye)
Fossil Energy

Saab’s Seaeye ROV finds work at Polish oil fields in Baltic Sea

LOTOS Petrobaltic, part of multi-energy concern ORLEN, has ordered Saab’s Seaeye Leopard work class robotic vehicle to service underwater infrastructure within Poland’s B3 and B8 oil fields in the Baltic Sea.

about 3 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Fossil Energy

International offshore rig count slips a notch

Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.

about 3 years ago
In focus: Step by step towards the clean energy transition
Fossil Energy

In focus: Step by step towards the clean energy transition

Once again we have witnessed a busy week with many exciting developments in the renewable and clean energy sector, including the multi-billion-euro TenneT offshore power cable deals. Supporting energy transition in Europe, TenneT awarded NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Den

about 3 years ago
Dover is a planned subsea tie-back to Appomattox, a Shell-operated production hub in the U.S. Gulf of Mexico; Source: Shell
Fossil Energy

Shell scores high against backdrop of lower oil & gas prices while ConocoPhillips’ earnings take a hit

Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices.

about 3 years ago
Deployment of monitoring tech for Project Greensand (Courtesy of TGS)
Fossil Energy

Newly developed monitoring technology for CO2 storage in North Sea proves successful

The consortium partners behind the Project Greensand have developed a new monitoring technology that has successfully monitored that the stored CO2 in the North Sea subsoil is at the right location.

about 3 years ago
Cambo FPSO design; Source: Sevan SSP
Fossil Energy

Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

about 3 years ago
Vaalco picks DOF Subsea for subsea reconfiguration off Gabon
Fossil Energy

DNV: Oil demand in transport sector to half by 2050 with maritime transitioning to a mix of fuels

Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte

about 3 years ago
NHV will begin regular flying from Esbjerg with new contract award from TotalEnergies EP Denmark; Credit: Roelof-Jan Gort/NHV Group
Fossil Energy

TotalEnergies hand-picks helicopter operator for two North Sea fields

TotalEnergies has handed out a new contract to NHV to support its offshore operations in the Danish sector of the North Sea.

about 3 years ago