Fossil Energy

N-Sea boosts its subsea services offering with new vessel addition
N-Sea Group has entered into an agreement with DOF Subsea Rederi to acquire the multipurpose support vessel Geosea with the aim of strengthening its subsea services. The vessel has been under management by N-Sea on a long-term vessel agreement with DOF Subsea Rederi for the last few years and has wo

Denmark uncovers emission reduction potential of North Sea electrification
The Danish Energy Agency has published an analysis of the potential for reducing CO2 emissions from domestic oil and gas extraction by electrifying the platforms in the North Sea.

UK player sorting out mechanical issue hindering production from North Sea field
After identifying a mechanical issue on a platform, IOG is experiencing a further delay in fixing the fault to resume production from Blythe.

IEA states to release emergency oil reserves for the second time this year
The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil.

In focus: Both political and corporate efforts needed to amp up transition to clean energy
Both government and commercial efforts are needed to speed up the transition to clean energy, since, as Shell says, the transition is not just about reducing CO2 emissions, but it is rather a political balancing act that needs government-led policies.

Biden orders ‘the largest release of oil reserves in American history’ to lower prices
U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.

Solstad pulls off hat-trick award with ConocoPhillips
Solstad Offshore has inked new long-term deals for three of its platform supply vessels (PSVs) with ConocoPhillips for operations off Norway.

What is the meaning of licence extension for controversial Cambo project in UK?
Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.

Green light for North Sea development with first oil expected this year
Ithaca Energy has secured consent for the development of a subsea tie-back to its FPF-1 facility in the UK North Sea.

Prosafe on the lookout for deputy CEO & CFO
Prosafe is in the process of looking for a new DCEO and CFO, as the current one will be stepping down from the role in four months.

Equinor hires Shearwater for ‘large’ OBN survey at North Sea project
Seismic exploration company Shearwater GeoServices has secured a contract with energy giant Equinor to conduct a 4D ocean bottom node (OBN) survey in the Norwegian North Sea.

Remøy vessel secures more time with Equinor through new gig
Equinor has chartered one of Remøy Shipping’s PSVs, featuring a hybrid-electric system and shore power, boosting its decarbonisation efforts.

Shell appeals against Dutch ruling, highlighting need for balance in addressing climate change and security of supply
Shell believes that the energy transition is more than just reducing carbon emissions, but is a “political balancing act, requiring government-led policies.”

North Sea operator cheers licence extension, enabling execution of field development plan
Orcadian has won an extension for a licence in the UK North Sea, bolstering its hopes of putting into action a development plan for Pilot.