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Fossil Energy

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Following upgrades, world’s first hybrid-electric anchor handler completes sea trials
Fossil Energy

World’s first hybrid-electric anchor handler completes sea trials

Maersk Supply Service’s AHTS vessel, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials.

about 4 years ago
Faster ramp-up of investments in clean sources needed to tackle double whammy of energy and climate crises
Fossil Energy

Faster ramp-up of investments needed to tackle double whammy of energy and climate crises

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While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.

about 4 years ago
FTAI Ocean takes delivery of new well intervention tower system
Fossil Energy

FTAI Ocean takes delivery of new well intervention tower system

UK-based subsea engineering and offshore technology company Osbit has delivered a new well intervention tower system to FTAI Ocean, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (FTAI). The system comprises 1,300 tonnes of equipment and stands at 40 metres tall. According

about 4 years ago
Shell adds high-impact gas prospect in North Sea to Maersk rig’s backlog
Fossil Energy

Shell adds high-impact gas prospect in North Sea to Maersk rig’s backlog

Shell has hired a Maersk Drilling-owned rig to drill a prospect in the North Sea, which is expected to provide the UK with more gas sources.

about 4 years ago
To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables
Fossil Energy

To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables

To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.

about 4 years ago
Norsk Solar CFO to take over the same role at Eidesvik
Fossil Energy

Norsk Solar CFO to start work in same role at Eidesvik

Eidesvik Offshore has appointed a new Chief Financial Officer (CFO), who is expected to join the company within the next few months.

about 4 years ago
Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage
Fossil Energy

Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage

The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with

about 4 years ago
Scana subsidiary scores frame agreement extension with Odfjell
Fossil Energy

Scana subsidiary scores frame agreement extension with Odfjell

Scana-owned PSW Technology has signed a one-year extension of the frame agreement with Odfjell Drilling for the provision of maintenance and recertification of marine riser and subsea equipment for all of Odfjell’s drilling units. The agreement includes inspection, maintenance, and repair (IMR) of m

about 4 years ago
Council
Fossil Energy

EU ministers agree higher 2030 targets for renewables, energy efficiency

The EU Council has adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition.

about 4 years ago
Stamp of approval for ConocoPhillips to drill North Sea wildcat
Fossil Energy

Stamp of approval for ConocoPhillips to drill North Sea wildcat

ConocoPhillips has secured a drilling permit from the country’s authorities for a wildcat well located in the North Sea offshore Norway.

about 4 years ago
Ithaca awards North Sea deal to Centurion
Fossil Energy

Ithaca awards North Sea deal to Centurion

Delek’s Ithaca Energy has awarded a long-term deal, covering its North Sea assets, to Centurion Group’s UK brand ATR Lifting Solutions.

about 4 years ago
ExxonMobil, CNOOC, Shell to explore potential of CCS hub in China
Fossil Energy

ExxonMobil, Shell, CNOOC to explore CCS hub potential in China

ExxonMobil, Shell, CNOOC, and local authorities have agreed to evaluate the potential for a world-scale carbon capture and storage (CCS) project in the Chinese Guangdong Province.

about 4 years ago
U.S. and EU scaling up efforts to enable energy security and curb emissions
Fossil Energy

U.S. and EU scaling up efforts to ensure energy security and curb emissions

The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.

about 4 years ago
Equinor to spin the drill bit at Norwegian Sea well
Fossil Energy

Equinor cleared to spin the drill bit in Norwegian Sea

Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, located in the Norwegian Sea.

about 4 years ago