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Fossil Energy

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Floatel Endurance; Source: Floatel International
Fossil Energy

Equinor all set to deploy Floatel’s unit at North Sea field

Norwegian offshore safety regulator has given Equinor consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a North Sea field off Norway.

about 3 years ago
Olympic Subsea vessel gets to work with DeepOcean
Fossil Energy

Olympic Subsea vessel gets to work with DeepOcean

DeepOcean has entered into a two-year time charter agreement with Olympic Subsea for a multi-purpose support vessel (MPSV) that will be deployed in the renewables and oil and gas industries. The agreement was signed for the MPSV Olympic Ares which will provide subsea inspection, maintenance, and rep

about 3 years ago
Illustration; Source: Shell
Fossil Energy

Shell unveils two energy scenarios with the world caught in security and climate woes’ grasp

Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern.

about 3 years ago
Investigation looking into whether oil and gas firm failed to meet North Sea license obligations
Fossil Energy

Investigation looking into whether oil & gas firm failed to meet North Sea license obligations

UK regulator North Sea Transition Authority (NSTA) has launched an investigation into whether an oil and gas company possibly failed to meet license obligations, including seismic survey and work program commitments, designed to stimulate activity. The investigation will look into whether the compan

about 3 years ago
Oseberg field centre (for illustration purposes); Source: Harald Pettersen/ Equinor
Fossil Energy

Norway’s oil & gas output takes a downturn

Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.

about 3 years ago
Serica Energy
Fossil Energy

Serica one step away from closing Tailwind acquisition

Serica Energy has completed all the steps required to close the acquisition of Tailwind, aside from one, which also needs to be checked off the list.

about 3 years ago
Safe Concordia; Source: Prosafe
Fossil Energy

Prosafe participates in three tenders to get more assignments for its vessels

Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels.

about 3 years ago
Valhall PWP-Fenris; Source: Aker BP
Fossil Energy

While one gets dropped, nine oil & gas projects still going ahead

Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.

about 3 years ago
Maersk Supply Service
Fossil Energy

Maersk offloads Maersk Supply Service, completes divestment of energy-related businesses

A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maers

about 3 years ago
A photo of the Gemini offshore wind farm in the Netherlands
Fossil Energy

The Netherlands chooses site for world’s largest offshore wind-to-hydrogen project

The Dutch government has designated an area for what will become the world’s largest offshore hydrogen production project. That area is Ten noorden van de Waddeneilanden (the North of the Wadden Islands), identified earlier for offshore wind development and deemed most suitable for providing 500 MW

about 3 years ago
Subsea7 begins pipe spooling for Northern Lights CCS project
Fossil Energy

Subsea7 begins pipe spooling for Northern Lights CCS project

A Subsea7 pipelay vessel has begun pipe spooling for the Northern Lights carbon capture and storage (CCS) project being developed in Norway. The vessel Seven Oceans arrived at Subsea7’s Vigra Spoolbase in Norway to spool the first section of the 100-kilometer pipeline that will run from Øygarden to

about 3 years ago
Lhyfe, Centrica unveil joint offshore wind-to-hydrogen plan in UK
Fossil Energy

Lhyfe, Centrica unveil joint offshore wind-to-hydrogen plan in UK

French green hydrogen production specialist, Lhyfe, and Centrica, the UK-headquartered multinational energy company, have signed an agreement to jointly develop offshore renewable hydrogen in the UK, starting with a pilot project in the Southern North Sea. Beyond the pilot, Lhyfe and Centrica will a

about 3 years ago
Statfjord B platform in the North Sea; Credit: Rune Meyer Amundsen/Equinor
Fossil Energy

Equinor sets its cap on bringing OKEA as new partner in North Sea field

Equinor and OKEA have entered into an agreement, which will enable the latter to acquire 28 per cent interest in the Statfjord area.

about 3 years ago
In focus: A case for a European offshore hydrogen backbone
Fossil Energy

In focus: A case for a European offshore hydrogen backbone

300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of

about 3 years ago
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