Fossil Energy

EU sets up new task force as tool for getting rid of Russian fossil fuels
The EC has established a new task force to support and implement the REPowerEU goal of energy supply diversification.

German Chancellor’s Africa tour seen as critical step to energy security
Following German Chancellor’s Africa tour, the African Energy Chamber believes it to be a critical step towards achieving energy security.

Aker Solutions subsea production system for Halten East development
Aker Solutions has won a contract from Equinor to deliver the subsea production system for the Halten East development offshore Norway. The development concept is a subsea tie-back to the Åsgard B platform using existing facilities and infrastructure. The discoveries consist of gas and condensate. A

Equinor and partners investing over $937 mln to develop Norwegian Sea gas project
Equinor and Halten East partners have decided to invest about NOK 9 billion in the development of the area neighbouring the Åsgard field.

Equinor’s new oil discovery could add ‘valuable volumes’ to Barents Sea project
Norwegian oil and gas giant Equinor has made a new oil discovery in Snøfonn Nord with the exploration well 7220/8-2 S, located by the Johan Castberg field development in the Barents Sea. This proximity to the current project development enables the tieback option, which will be considered by Equinor

Europe’s bold new energy plan will need wartime-like planning to meet goals, Rystad says
Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.

Eni goes full speed ahead with drilling plans off Cyprus
Following the arrival of a Vantage Drilling-owned drillship from Egypt, Eni and TotalEnergies are kicking off drilling operations offshore Cyprus.

EU and U.S. condemn Russia’s use of ‘energy blackmail’ through actions like gas supply halt
The EU and the U.S. have condemned “Russia’s use of energy blackmail”, like cutting off gas supplies to Finland.

Claxton, Seabed Solutions join hands to boost decommissioning offer
Claxton, Acteon’s drilling and decommissioning segment, has signed a collaboration agreement with Seabed Solutions to add value to decommissioning projects, helping operators fulfil their obligation to return subsea sites to their natural state.

Aker BP all set to get Norwegian Sea drilling ops underway
Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the Norwegian Sea off Norway.

Germany striving to develop gas field with Senegal amid supply uncertainties
Germany plans to work with Senegal on the development of an offshore gas field amid the severe impact of the war in Ukraine on energy supply and prices.

UK player frustrated by production shut-in at North Sea gas project
IOG has revealed that production at its gas project in the UK sector of the North Sea, has been shut-in due to liquids handling issues.

Two Norwegian operators cleared for offshore drilling ops with Odfjell rigs
Equinor and Aker BP have secured permits from Norwegian authorities for three wildcat wells off Norway to be drilled by Odfjell’s rigs.

Wintershall Dea sells stakes in three North Sea fields to focus on gas
Wintershall Dea has reached an agreement with OKEA to sell its stakes in three North Sea fields for €108 million.