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Fossil Energy

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Oil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersRegulation & PolicyOperations & MaintenanceRules & RegulationGreen MarineHuman CapitalOutlook & StrategyRigsMarket OutlooksFPSO & VesselsVesselsOffshore WindSubseaSurveys & InterventionsVessels & Vehicles
Fatih drillship; Source: Türkiye Petrolleri A.O. (TPAO)
Fossil Energy

‘World’s fastest offshore field development’ on stream, as first gas flows from huge Black Sea project

Türkiye has tucked a new milestone under its belt with the achievement of first gas from a giant natural gas project in the Black Sea.

about 3 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Fossil Energy

New task for Equinor to handle nonconformities at North Sea platform

Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.

about 3 years ago
Åsgard B platform; Credit: Øyvind Hagen/Equinor
Fossil Energy

Equinor gets clearance for modifications at Norwegian offshore platform

Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.

about 3 years ago
Rystad Energy forecasts offshore oil production will increase demand for shuttle tankers
Fossil Energy

CEO and CFO of KNOT Offshore Partners stepping down

Shuttle tanker owner and operator KNOT Offshore Partners LP announced that Gary Chapman, KNOP’s CEO, and CFO, has given notice that he intends to resign from his roles at the partnership in order to pursue an opportunity outside of the shuttle tanker sector. The company added that Chapman will remai

about 3 years ago
Shell and Deltic Energy schedule North Sea drilling ops for next summer
Fossil Energy

Shell and Deltic Energy schedule North Sea drilling ops for next summer

Deltic Energy is looking to drill a similar-scale North Sea prospect to the Pensacola next year, the London-based oil and gas exploration company revealed in its latest financial results. In the report issued on 20 April, Deltic Energy revealed it was planning to drill the Selene prospect in the sum

about 3 years ago
OMV strikes oil in Norwegian North Sea
Fossil Energy

OMV strikes oil in Norwegian North Sea

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has made an oil discovery near the Gudurun field in the Norwegian part of the North Sea. The Norwegian Petroleum Directorate (NPD) reported today, 20 April, that OMV Norge, operator of the production license 817, had completed the drillin

about 3 years ago
Transocean Norge rig; Source: Transocean
Fossil Energy

Rig deals lift Transocean’s total backlog to $8.6 billion

Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.

about 3 years ago
Wood Mackenzie
Fossil Energy

With $185 bln of total investment on the table, WoodMac expects more oil & gas FIDs in 2023

Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.

about 3 years ago
FPSO BW Athena; Source: BW Offshore
Fossil Energy

BW Offshore offloads FPSO in pursuit of floating energy investments

Norway’s FPSO operator BW Offshore has completed the sale of an FPSO to a buyer, whose name was not revealed.

about 3 years ago
Balder FPU; Source: Mime Petroleum
Fossil Energy

As windfall taxes make things ‘difficult’ in UK and Dutch sectors, Kistos knocks on Norway’s door with new acquisition

Kistos is entering into the Norwegian Continental Shelf, after reaching a conditional agreement to acquire Norway’s Mime Petroleum.

about 3 years ago
Illustration; Source: Equinor
Fossil Energy

Norway’s March output brings more oil but less gas

Even though Norway recorded an increase in oil production in all segments in March 2023, the gas production is below the NPD’s predictions.

about 3 years ago
FPSO Haewene Brim; Source: Bluewater
Fossil Energy

Shell brings North Sea field back online, as FPSO revamp enables gas production alongside oil

Shell has completed the restart of operations at a field in the UK North Sea, after ensuring gas will be produced along with oil.

about 3 years ago
Oil & gas work 'key revenue driver' for DeepOcean, with offshore wind outlook positive
Fossil Energy

Oil & gas work ‘key revenue driver’ for DeepOcean, with offshore wind outlook positive

Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 mill

about 3 years ago
Transocean Norge; Source: Transocean
Fossil Energy

Wintershall Dea gets nod to spin the drill bit in Norwegian Sea

Wintershall Dea has received consent from the country’s offshore safety regulator for exploration drilling in the Norwegian Sea.

about 3 years ago
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