Fossil Energy

Dutch bank to curb financing for oil & gas projects while pushing for renewables
Dutch bank ING has decided to step up its renewable energy efforts and restricts financing for new oil & gas fields.

Energean hires Halliburton to gauge carbon storage potential in Prinos area
Energean has selected Halliburton for a subsurface study to evaluate the carbon capture and storage (CCS) potential of a basin in Greece.

Japanese partners invest in another SBM Offshore FPSO
SBM Offshore has divested a minority interest in the FPSO Alexandre de Gusmão project to two Japanese partners.

Aker Carbon Capture and Microsoft to scale up CCUS value-chain with power of tech
Aker Carbon Capture and Microsoft have joined forces to combine their expertise in technology to accelerate the deployment of CCUS.

Shell gearing up to remove Knarr FPSO from North Sea
Shell is preparing for the removal of an FPSO from the Knarr field, which is located in the North Sea offshore Norway.

Offshore engineering consultancy secures work on Norwegian CCS project
Global Maritime has secured a deal with Northern Lights JV, enabling it to support the project’s efforts towards a low carbon future.

‘Norway’s largest renovation project’ now ready for decades of energy production
Aker Solutions has completed and delivered the drilling and production platform Njord A to Equinor following extensive upgrades.

Geotechnical survey to begin along Green Volt’s cable corridor route
Geotechnical survey and sampling work are about to begin at specific locations along the cable corridor route of the proposed Green Volt offshore floating wind farm.

North Sea contract renewal for Petrofac
Oilfield services provider Petrofac has been awarded a two-year contract extension with Spirit Energy in the North Sea.

Equinor adds more work to Odfjell rig’s backlog
Equinor has decided to exercise its option for additional wells in Norway to be drilled by the Odfjell Drilling-owned Deepsea Stavanger rig.

Two new members join UK decom player’s board to drive growth
Decom Engineering has beefed up its board with two new appointments to facilitate further growth and achieve its strategic expansion goals.

ExxonMobil’s Cyprus well confirms presence of high-quality gas – gallery
ExxonMobil has completed drilling operations on its Glaucus-2 appraisal well off Cyprus, confirming the presence of high-quality gas.

Wheels are in motion for Ninian Northern jacket decommissioning
Scotland’s Lerwick Harbour is to be the location of a decommissioning project following the award of a contract to Veolia/Peterson.

U.S. oilfield services giants suspend Russian operations
Three oilfield services providers have opted to suspend future investments and ops in Russia due to Russia’s attack on Ukraine.