Fossil Energy

Equinor cleared to put Floatel’s unit to work at North Sea field
Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile quarters facility at a North Sea field off Norway.

Lundin bites the dust in Norwegian Sea
Lundin Energy is in the process of concluding the drilling of a wildcat well east of the Ormen Lange field in the Norwegian Sea.

Two rival players get green light for merger plans
The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.

In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l

Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says
Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

Aker Solutions appoints new exec while high demand spurs further headcount increase
Aker Solutions has appointed a new senior vice president for communications as growing demand for services spurs further headcount increase.

Rex’s top-priority: increasing hydrocarbon production and reserves
Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.

TechnipFMC scores Asgard subsea iEPCI
TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract to deliver subsea equipment for Equinor’s Smørbukk Nord development. The scope covers a high-pressure, high-temperature subsea production system and associated equipment for a brownfield tie

Ex-Equinor exec joins Vår Energi
Vår Energi has appointed Equinor’s former VP of Project Management and Control to its executive management team to pursue growth plans.

Norwegian operator criticised over vaccine mandate plans for offshore workers
A Norwegian union representing offshore oil & gas workers has criticised the process to introduce a vaccine mandate.

Norway nets record-breaking revenues from oil & gas
In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues.

Mariner partners disagree with Equinor over reserves downgrade
Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field.

North Star gets new owner
Private markets firm Partners Group has agreed, on behalf of its clients, to acquire North Star, an operator of specialized vessels that offers emergency response and rescue and essential offshore wind maintenance services, from Basalt Infrastructure Partners. Headquartered in Aberdeen, Scotland, No

SBM Offshore creates new executive role to play top-tier part in energy transition
SBM Offshore has created a new management role in a push to become one of the main players in the energy transition.