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Fossil Energy

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Saipem rig spuds North Sea prospect
Fossil Energy

Saipem rig spins the drill bit at North Sea prospect

Aker BP has started drilling an exploration well in the North Sea off Norway, using one of Saipem’s semi-submersible rigs.

about 3 years ago
AUV gauges electrical potential of subsea pipelines offshore Japan
Fossil Energy

AUV gauges electrical potential of subsea pipelines offshore Japan

Japan’s Kawasaki Heavy Industries and French energy major TotalEnergies have completed a joint offshore verification test measuring the electrical potential of subsea pipelines during close-range inspections using an autonomous underwater vehicle (AUV). The test was performed using what is said to b

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about 3 years ago
Helix Robotics charters Glomar vessel for three years
Fossil Energy

Helix Robotics charters Glomar vessel for three years

Helix Robotics Solutions has entered into a three-year charter agreement for the DP2 offshore support vessel Glomar Wave for work in the renewables and oil and gas sectors. The 66.4-meter multi-role vessel can be configured with one or two remotely operated vehicles (ROVs) and Helix’s new custom-bui

about 3 years ago
EU approves €1.1 billion Danish scheme for carbon capture and storage
Fossil Energy

EU approves €1.1 billion Danish scheme for carbon capture and storage

The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmark. The aid will be awarded through a competitive tendering procedure open to companies active in any industrial sector, including the waste and e

about 3 years ago
South America to stay 'key region for high-impact exploration', Westwood says in 2023 outlook
Fossil Energy

South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more explor

about 3 years ago
One third of TotalEnergies’ investments now in renewable energy and clean fuels
Fossil Energy

One third of TotalEnergies’ investments now in renewable energy and clean fuels

TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent of it

about 3 years ago
2014-built multi-purpose support vessel getting battery hybrid system
Fossil Energy

2014-built multi-purpose support vessel getting battery hybrid system

DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server. DeepOcean is chartering the MPSV from Stavanger-based shipowner Simon Møkster Shipping, who will upgrade the vessel to include battery power notati

about 3 years ago
New assignment for Equinor to tackle nonconformities at North Sea project
Fossil Energy

New assignment for Equinor to tackle nonconformities at North Sea project

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

about 3 years ago
Shell unveils five energy sector trends to watch in 2023
Fossil Energy

Shell unveils five energy sector trends to watch in 2023

Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.

about 3 years ago
GlobalData: Shell dominated long-term LNG import contract volumes in 2022
Fossil Energy

GlobalData: Shell dominated long-term LNG import contract volumes in 2022

Oil and gas major Shell led the global long-term liquefied natural gas (LNG) import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tonnes per annum (mtpa), data and analytics company GlobalData found in its new report. According to GlobalData’s

about 3 years ago
Shell makes headway in global digitalisation of its ops with Kabal’s software
Fossil Energy

Shell makes headway in global digitalisation of its ops with Kabal’s software

UK-headquartered energy giant Shell has advanced its digitalisation journey through a global agreement with Kabal.

about 3 years ago
Noble, Halliburton and Odfjell forge rig alliances with Aker BP for five years of drilling ops
Fossil Energy

Noble, Halliburton and Odfjell forge five-year rig alliances with Aker BP for drilling ops

Aker BP has entered into drilling and wells alliance agreements with Noble, Odfjell and Halliburton for drilling activities on the NCS.

about 3 years ago
Capricorn’s NewMed merger plan runs up against strong shareholders’ opposition
Fossil Energy

Capricorn’s NewMed merger plan runs up against strong shareholder opposition

Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”

about 3 years ago
Oil majors’ ‘big bet’ on hydrogen is not so big in reality as they invest 8 times more in biofuels, T&E says
Fossil Energy

Oil majors’ ‘big bet’ on hydrogen is not so big in reality as they invest 8 times more in biofuels, T&E says

While European oil majors are taking a gamble on hydrogen as the transport fuel for the future, this ‘big bet’ is not so big in reality, according to a new study on behalf of Transport & Environment (T&E), which shows that investments in biofuels refining are eight times bigger. Ricardo Energy & Env

about 3 years ago