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Fossil Energy

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Oil & GasBusiness & FinanceBusiness Developments & ProjectsProject & TendersVesselsRigsExploration & ProductionAuthorities & GovernmentRegulation & PolicySubseaOutlook & StrategyResearch & DevelopmentClean FuelDredgingGreen MarineHydrogenMarine EnergyOffshore WindInfrastructureTransitionRules & RegulationCollaborationEnvironmentInnovationVisionDecommissioningHuman CapitalMarket Outlooks
Eidesvik vessel scores new long-term gig with Aker BP
Fossil Energy

Eidesvik vessel scores new long-term gig with Aker BP

Eidesvik Offshore has inked a new contract for one of its platform supply vessels (PSVs) with the Norwegian oil and gas company Aker BP.

about 4 years ago
Serica - Transocean Paul B. Loyd Jr. rig
Fossil Energy

Serica spuds ‘exciting’ HPHT well in North Sea

Upstream oil and gas company Serica Energy has spudded the North Eigg exploration well located off the UK.

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about 4 years ago
Transocean rig finds no hydrocarbons for ConocoPhillips in Norwegian Sea well
Fossil Energy

Transocean rig finds no hydrocarbons for ConocoPhillips in Norwegian Sea well

ConocoPhillips has come up dry in a wildcat well, which was drilled using a Transocean-owned rig in the Norwegian Sea near the Fenja field.

about 4 years ago
UK firm’s North Sea discovery forecasted to rake in $545 million in revenue over life of field
Fossil Energy

UK firm’s North Sea discovery forecasted to rake in $545 million in revenue over life of field

United Oil & Gas’ North Sea discovery, envisioned as a subsea tie-back, has been valued at £109.1 million on an unrisked basis.

about 4 years ago
In focus: Europeans taking major hydrogen steps
Fossil Energy

In focus: Europeans taking major hydrogen steps

The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w

about 4 years ago
Norwegian govt gives the go-ahead to ConocoPhillips for cross-border North Sea project
Fossil Energy

Norwegian govt gives the go-ahead to ConocoPhillips for cross-border North Sea project

Norway’s Ministry of Petroleum and Energy has approved a development plan for the ConocoPhillips-operated cross-border field in the North Sea.

about 4 years ago
Hitachi testing ‘world’s most powerful’ subsea transformer for Ormen Lange compression system
Fossil Energy

Hitachi testing ‘world’s most powerful’ subsea transformer for Ormen Lange compression system

Hitachi Energy has started testing what is said to be the world’s most powerful 24-MVA subsea transformer, which will be supplied to OneSubsea to power the compression system for the Shell Ormen Lange field in the Norwegian Sea. As informed, the transformer is being tested in the Port of Vaasa in Fi

about 4 years ago
Breathing new life into decommissioned North Sea platform as ‘one of the UK’s largest public art installations’
Fossil Energy

Start of decommissioned North Sea platform’s new lease on life as ‘one of the UK’s largest public art installations’

A decommissioned North Sea platform – SEE MONSTER – is on its way to be reimagined into the world’s first & only repurposed offshore platform.

about 4 years ago
Shell
Fossil Energy

Shell fails to find hydrocarbons in North Sea well

Shell has failed to find commercial volumes of hydrocarbons in a North Sea exploration well and the well is being plugged and abandoned.

about 4 years ago
Double contract wins for UK decom player in North Sea and Africa
Fossil Energy

Double contract wins for UK decom player in North Sea and Africa

Northern Ireland-based pipeline decommissioning specialist Decom Engineering has secured two contracts to carry out cutting operations on decommissioning projects in the North Sea and offshore West Africa. According to Decom, the two contracts are worth more than £300,000 and will see the company de

about 4 years ago
Standard ETC vessel lands new job estimated at over $30k per day
Fossil Energy

Standard ETC vessel lands new job estimated at over $30k per day

S.D. Standard ETC has been awarded a new contract for a platform supply vessel (PSV) with an undisclosed energy firm.

about 4 years ago
Norwegian govt puts an end to offshore workers’ strike to avoid further loss of output
Fossil Energy

Norwegian govt puts an end to oil & gas workers’ strike to prevent output loss

The Norwegian government has decided to step in to avoid further loss of oil & gas production after offshore workers went on a strike.

about 4 years ago
Solstad offloads yet another vessel
Fossil Energy

Solstad offloads yet another vessel

Solstad Offshore has sold another platform supply vessel (PSV) to a buyer, whose identity has not been revealed.

about 4 years ago
Significant drop in recoverable oil resources could deal major blow to global energy security, Rystad forecasts
Fossil Energy

Drop in recoverable oil resources could deal major blow to energy security, Rystad says

The drop in the total recoverable oil worldwide from last year’s figures represents another threat to global energy security, explains Rystad.

about 4 years ago