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Fossil Energy

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Two contrasting scenarios depict challenges on the road to decarbonisation amid energy crisis
Fossil Energy

Two contrasting scenarios depict challenges to net-zero by 2050 amid energy crisis

A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.

about 4 years ago
New cost estimate and timing for first oil from North Sea project amid supply chain challenges
Fossil Energy

New cost estimate and timing for first oil from North Sea project

Vår Energi has run into delays for the first oil from a project in the North Sea off Norway and changed its cost estimate for this project.

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about 4 years ago
Allseas founder stepping down as president after almost four decades
Fossil Energy

Allseas founder stepping down as president after almost four decades at the helm

Allseas has revealed that its founder and current president, Edward Heerema, has decided to hand over the reins to his eldest son.

about 4 years ago
Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway
Fossil Energy

Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway

Tendeka has inked a multi-year extension deal to provide sand and inflow control technology across Equinor’s oil and gas assets on the NCS.

about 4 years ago
Dolphin Drilling
Fossil Energy

Dolphin Drilling takes the first step toward public listing comeback

Harsh environment and deepwater drilling contractor, Dolphin Drilling, has confirmed that it is being activated on the Euronext N-OTC list as of 15 September 2022.

about 4 years ago
Tom Cross - Parkmead - North Sea
Fossil Energy

Approval secured for high-impact exploration well in North Sea

Parkmead Group has secured approval to drill its high-impact well on the Skerryvore prospects in the UK Central North Sea.

about 4 years ago
Baltic Pipe receives operating permit
Fossil Energy

Baltic Pipe receives operating permit

The Baltic Pipe project has received the operating permit, completing the process of obtaining all necessary decisions. The offshore gas pipeline is scheduled for partial commissioning this October and full commissioning on 1 January 2023, at a full annual capacity of up to 10 BCM. The opening cerem

about 4 years ago
No hydrocarbons for Polish firm in Norwegian Sea well
Fossil Energy

No hydrocarbons for Polish firm in Norwegian Sea well

PGNiG has completed the drilling of a wildcat well in the Norwegian Sea but came up empty as no hydrocarbons were found in this well.

about 4 years ago
Petrofac
Fossil Energy

Petrofac lands extension for maintenance services in North Sea

Oilfield services provider Petrofac has secured a three-year contract extension for maintenance services from Serica Energy.

about 4 years ago
Extra five-well drilling gig for Maersk rig in North Sea
Fossil Energy

Extra five-well drilling gig for Maersk rig in North Sea

Maersk Drilling has secured five more wells with Petrogas for one of its rigs, which will carry out a drilling campaign off the Netherlands.

about 4 years ago
Ben van Beurden - Shell
Fossil Energy

Shell CEO to step down at the end of 2022

Oil and gas major Shell plc has announced that Ben van Beurden will step down as CEO at the end of 2022 and that his successor will be Wael Sawan.

about 4 years ago
Allseas’ Pioneering Spirit taking remaining Tyra jackets to recycling yard - gallery
Fossil Energy

Allseas’ Pioneering Spirit taking remaining Tyra jackets to recycling yard – gallery

Allseas is in the process of completing its scope of work in the Tyra redevelopment project by delivering two jackets to a recycling yard.

about 4 years ago
New partnership to drive ‘step-change for industrial digitalisation at scale’ for oil & gas sector
Fossil Energy

New partnership to drive ‘step-change for industrial digitalisation at scale’ for oil & gas sector

Schlumberger has joined forces with Cognite to deliver data-driven solutions for the global energy industry.

about 4 years ago
Norway gets offers for offshore licences from 26 oil & gas firms amid ‘significant interest’
Fossil Energy

Norway gets offers for offshore licences from 26 oil & gas firms amid ‘significant interest’

Norway’s Ministry of Petroleum and Energy has received offers for production licences from 26 companies as part of APA 2022.

about 4 years ago