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Fossil Energy

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Illustration; Credit: Morten Berentsen/NOD
Fossil Energy

Time slipping away to develop one of Norway’s largest untapped gas discoveries

The Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has taken steps to carry out a study of one of the largest undeveloped gas discoveries on the Norwegian Continental Shelf (NCS) to speed up the process of attracting interest in its development while the infrastructu

about 6 months ago
Ivar Aasen platform; Source: Aker BP
Fossil Energy

First oil gushes out of North Sea project

Norwegian oil and gas player Aker BP has put into production mode its subsea tie-back project in the North Sea off the coast of Norway.

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about 6 months ago
Paul B. Loyd Jr. rig; Source: Dolphin Drilling
Fossil Energy

Dolphin Drilling lines up new gig to keep its rig busy until August 2030

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has secured a potential long-term assignment for one of its semi-submersible rigs.

about 6 months ago
Oil spill east of Gotland; Courtesy of Swedish Coast Guard
Fossil Energy

Vessel detained under suspicion over Baltic Sea oil spill is on EU sanctions list

The Swedish Coast Guard has decided to launch a probe into a ship suspected of causing an oil spill in the Baltic Sea, east of Gotland, ordering the vessel to anchor in Swedish territorial waters.

about 6 months ago
Transocean Barents semi-submersible rig; Source: Transocean
Fossil Energy

Transocean’s rig trio scoops up $1 billion for drilling jobs in Norway and Brazil

Switzerland-based offshore drilling contractor Transocean has found more work for a harsh environment semi-submersible in Norway and two ultra-deepwater drillships off the coast of Brazil.

about 6 months ago
FPSO Northern Endeavour; Source:
Fossil Energy

27-year-old FPSO ends its final voyage at European ship recycling facility

A floating production, storage, and offloading (FPSO) unit has reached its final destination in Europe, where it will be recycled at Modern American Recycling Services (MARS) in Denmark.

about 6 months ago
Ran jack-up rig; Source: FOSS & ESG; Credit: Borr Drilling
Fossil Energy

Borr Drilling’s rig quartet lines up work in four corners of the world

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has landed new drilling assignments for multiple premium jack-up rigs, spanning four continents: Africa, Asia, Europe, and the Americas.

about 6 months ago
Noble Globetrotter I drillship; Source: Noble
Fossil Energy

No ‘significant’ gas volumes in Black Sea exploration well

OMV Offshore Bulgaria, an affiliate of Southeastern Europe’s integrated energy player OMV Petrom, NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, and Bulgarian Energy Holding EA have drilled a second exploration well in the Black Sea off the coast of Bulgaria.

about 6 months ago
Tidewater
Fossil Energy

ABL supporting Tidewater’s vessels in Mediterranean, Black Sea, and wider Europe

ABL’s Egyptian operation, part of Oslo-listed global consultancy ABL Group, has sealed a new deal with Tidewater Marine Egypt, a subsidiary of Tidewater, to provide certain services to the fleet owner and operator’s offshore support vessels (OSVs) working in the Egyptian part of the Mediterranean Se

about 6 months ago
An offshore platform with two vessels approaching
Fossil Energy

Trillion Energy’s stake in giant Black Sea gas field up for sale

Canada’s oil and gas player Trillion Energy is on the lookout for a buyer of its interest in a gas field in the Black Sea off the coast of Türkiye.

about 6 months ago
Norwegian shipowner finalizes sale of 2016-built PSV
Fossil Energy

Norwegian shipowner finalizes sale of 2016-built PSV

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has completed the sale of its 2016-built platform supply vessel (PSV), announced earlier this month. GEOS announced on March 12 that its subsidiary Energy Passion AS had signed a binding sales agreement for the PSV Energy Pas

about 6 months ago
Lithuanian port home to first joint bio-LNG bunkering in Europe
Fossil Energy

Lithuanian port home to first joint bio-LNG bunkering in Europe

Low-carbon fuel solutions provider Anew Climate and Avenir, a provider of LNG and bio-LNG for the maritime sector, have performed Europe’s first joint liquefied biomethane (bio-LNG) bunkering operation. During the operation performed at the LNG terminal in the Port of Klaipėda, Lithuania, operated b

about 6 months ago
BW Energy inks sale and leaseback deal for jack-up drilling rig
Fossil Energy

BW Energy inks sale and leaseback deal for jack-up drilling rig

Oslo-listed oil and gas E&P player BW Energy has signed a sale and leaseback agreement with China’s Minsheng Financial Leasing (MSFL) for a jack‑up drilling rig. BW Energy will receive an $80 million cash consideration, strengthening financial flexibility while maintaining continued access to the Ja

about 6 months ago
CCUS
Fossil Energy

Chiyoda, NYK and KNCC jointly pursuing global carbon capture and storage projects

Japanese engineering company Chiyoda Corporation, compatriot shipping major Nippon Yusen Kabushiki Kaisha (NYK Line), and its Norway-headquartered affiliate Knutsen NYK Carbon Carriers (KNCC) have signed a memorandum of understanding (MOU) to collaborate on carbon capture and storage (CCS) projects

about 6 months ago