Fossil Energy
TechnipFMC scores iEPCI contract for Maria revitalization project
TechnipFMC has won an integrated engineering, procurement, construction, and installation (iEPCI) contract by Wintershall Dea Norge for the Maria revitalization project in the Norwegian Continental Shelf. The revitalization project will tie in an additional lightweight six-slot integrated template s
Aker BP all set to drill North Sea wildcat
Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway.
Plethora of new awards for Solstad vessels amid strong demand from oil & gas
Solstad has secured multiple new deals for its PSVs and AHTS vessels thanks to the increased activity in the oil & gas and renewable sectors.
Falklands project to become ‘largest operated development asset’ for Israeli player
Rockhopper, Harbour and Navitas have inked a definitive deal to enable the Israeli player to enter the Sea Lion project.
Norway’s Equinor reveals its first energy transition plan ahead of advisory vote
Equinor has released its first energy transition plan, providing an overview of how it is progressing towards its 2050 net-zero ambition.
Global gas demand to go down in 2022 as Russia’s war in Ukraine disrupts markets
The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the IEA’s forecast for gas demand this year.
Kotug makes largest acquisition in its history to meet rising demand for OSVs
Dutch shipowner Kotug has entered into an agreement to acquire Seaways, an operator of offshore support vessels.
North Sea operators renew agreements for exporting oil to Flotta Terminal
Several North Sea fields partners have reaffirmed commitments to export the oil produced from their fields to Repsol Sinopec’s Flotta Terminal.
Operator looking to decarbonise new North Sea project with floating wind
A proposed development concept for a new North Sea project has received approval from the UK’s offshore regulator.
Norwegian player seeks operatorship as MOL Norge offloads two North Sea discoveries
Following an agreement with Hungary’s MOL, Norway’s Lime Petroleum will expand its North Sea portfolio with more acreage.
UK regulator tells industry to avoid delays that can harm business
UK’s regulator has reminded the industry of a need to avoid lengthy delays in transactions that can harm business and put off new investors.
Heerema setting the scene for removal of platform from UK waters after 45 years
Heerema Marine Contractors is setting the scene for the world’s largest crane vessel, Sleipnir, to remove an offshore platform off the UK.
Tyra II now almost complete with seven out of eight platforms in position – gallery
TotalEnergies and its partners have completed this spring’s installation campaign of Tyra II in the Danish North Sea.
Egypt to maximise gas production and LNG exports to Europe following deal with Eni
Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply to Europe.