Fossil Energy
NSTA’s map to help North Sea operators reduce subsea decom costs
The North Sea Transition Authority (NSTA) has created a map and a dataset of assets to support four North Sea operators in their ambition to reduce subsea decommissioning costs by 50%.
Offshore rig utilisation rate even higher than reported as market continues to tighten, Westwood says
Westwood has revealed that the offshore rig utilisation is expected to continue its upward traction and spur a further rise in day rates.
Lundin Energy to change its name as it prepares for renewables-focused era
Lundin Energy has proposed to change its company name effective from 1 July 2022, reflecting its pivot towards renewable sources of energy.
After finding cracks on gas coolers, Equinor ordered to ensure maintenance of North Sea platform
Norwegian safety regulator has finished investigating an incident with gas cooler cracks on one of the Equinor-operated North Sea platforms.
HydraWell, READ unite to create well integrity and P&A specialist supporting energy transition
Well integrity specialists HydraWell and READ have teamed up to create a combined company focused on late-life oilfield activities including cost-efficient and environmentally safe permanent plugging and abandonment (P&A) of hydrocarbon wells.
TotalEnergies launches drone-based detection campaign for methane emissions across oil & gas assets
TotalEnergies has implemented a worldwide drone-based detection campaign across its operated oil and gas assets to reduce methane emissions.
UK activists stop Russian oil tanker from docking, calling on govt to ‘stop funding Putin’s war in Ukraine’
Environmental activists in the UK have blocked a Russian oil tanker from docking in Essex, calling on the government to “get off Russian oil and gas.”
Odfjell rig to drill six more wells for Equinor
Equinor has exercised its option to drill more wells with Odfjell Drilling’s rig, extending the rig’s backlog for operations offshore Norway.
In focus: the road ahead and the future of energy
When it comes to securing energy for the future in a sustainable way, we have reached a junction where we have to choose a way forward.
Norway’s Equinor and Aibel ink 10-year collaboration deal
Norwegian Equinor and its compatriot Aibel have entered into a 10-year agreement to ensure a close and long-term strategic collaboration.
Shipping firm buys Normand Maximus vessel and agrees charter terms with Solstad
American Shipping Company has acquired a new OCV and signed a long-term bareboat contract for this vessel with Solstad Offshore.
UK regulator hands over North Sea carbon storage licences to BP and Equinor
The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
The plot thickens for controversial Bay du Nord oil project despite govt approval
Norwegian state-controlled oil and gas giant Equinor is now facing more challenges related to the development of its controversial Bay du Nord offshore oil project located in Canada despite recent approval by the government.
Odfjell Drilling to take over management of yet another rig from Seadrill
SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.