Fossil Energy
North Sea decarbonisation at the forefront of Scotland’s leasing round connecting offshore oil & gas with wind
A new leasing opportunity has been unveiled in Scotland connecting offshore oil and gas and wind in a push to decarbonise the North Sea.
Germany halts Nord Stream 2 in response to Russia’s latest actions
Germany has halted the process of certifying the Nord Stream 2 gas pipeline from Russia due to the current crisis in Ukraine, German Chancellor Olaf Scholz has been reported as saying. According to local media reports, Scholz has announced that his government is taking the measures in response to Ru
Norway’s January oil output sinks below predictions
Norway’s oil production in January 2022 fell behind NPD’s predictions by 2.3 per cent, while the gas output also experienced a decrease.
First mobile offshore wind turbines to be market-ready in 2024
Odfjell Oceanwind plans to order the first batch of floating Mobile Offshore Wind Units (MOWUs) later in 2022, with a plan of going into operation in 2024. The units will be operated as one fleet under Odfjell Oceanwind’s management. Odfjell Oceanwind, part of Norway’s Odfjell Group, is developing a
Equinor closes Veslefrikk chapter in readiness for decom ops
Equinor has shut down the Veslefrikk field, located in the North Sea, in preparation for the upcoming decommissioning activities.
Neptune to support high levels of gas output from Cygnus with series of contracts
Neptune Energy has awarded a series of contracts to support ongoing operations at its Cygnus Alpha and Bravo platforms in the UK North Sea.
Aker Solutions and Dril-Quip join hands for carbon capture and storage
Aker Solutions and Dril-Quip have entered into a collaboration agreement to offer subsea injection systems for carbon capture, utilization and storage (CCUS) projects. Under the agreement, Dril-Quip will provide Aker Solutions with CO2 injection Xmas trees and wellheads that will be fully integrated
Over $400 million of Valaris backlog hangs in the balance after TotalEnergies abandons project
Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.
Odfjell Drilling to replace Seadrill as manager for another rig
Offshore drilling contractor Odfjell Drilling will be taking over the management of a jack-up drilling rig from Seadrill.
Aker Solutions taps PaleBlue for ROV simulator
PaleBlue has delivered a “modern” remotely operated vehicle (ROV) engineering simulator to Norwegian oilfield services provider Aker Solutions. The simulator will be used to help Aker Solutions simulate the behavior of the subsea robots/ROVs in a controlled environment, performing accessibility chec
IOG frustrated as severe weather hampers UK gas project start-up
IOG is experiencing a further delay in the start-up of its Saturn Banks Project – Phase 1 due to stormy weather conditions.
In focus: Industry working to realise hydrogen and CCS markets potential via cross-sector collaboration
The interest in hydrogen and CCS value chains has been picking up, evident through various projects and collaborations revealed this week.
Malta launches tenders for pipeline to Italy in push to end gas isolation
A company from Malta has launched three tenders seeking services for a 159-kilometer long interconnector that will connect the island to Italy, ending its gas isolation with the connection to the trans-European Gas Network.
Lukoil increases stake in BP’s Shah Deniz after closing Petronas deal
Lukoil has completed the acquisition of Petronas’ interest in the BP-operated Shah Deniz natural gas project in the Caspian Sea.