Fossil Energy
CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says
Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.
Harbour Energy hires Havila vessel for ops offshore UK
Havila Shipping has secured a new contract for one of its platform supply vessels (PSVs) with Harbour Energy for operations in the UK.
In focus: Global innovations and collaborations take the wheel of energy transition
The direction of the global transition to clean energy is getting more refined each week, as more of the world’s energy majors start investing in innovation and collaboration to shift energy production away from GHG-heavy sources.
Plans are in motion to electrify giant North Sea oil & gas field with floating wind farm
CNOOC Petroleum and Flotation Energy are working on a project, which would see one of the UK’s largest oil and gas assets electrified with power from a floating offshore wind farm.
Odfjell Drilling replaces Seadrill as rig manager for Northern Ocean
Offshore drilling contractor Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs.
Sevan’s cylindrical FPSO concept selected for Barents Sea project
Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.
Oil & gas discoveries in 2021 to hit lowest level in 75 years, Rystad says
An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.
Eidesvik scores contract extension with Equinor
Eidesvik Offshore has secured a contract extension with the compatriot oil company, Equinor, for one of its platform supply vessels (PSVs).
ExxonMobil kicks off drilling operations offshore Cyprus
Oil major ExxonMobil has started drilling the Glaucus-2 appraisal well located in Block 10 offshore Cyprus.
Equinor taps Blue Logic for subsea equipment
Blue Logic has signed a frame agreement with Equinor for the delivery of subsea docking stations, subsea equipment and services to the Norwegian energy giant. According to Blue Logic, Equinor has been an important customer and partner for the company in the process of developing the Universal Subsea
Repsol lifts 100,000 barrels from Yme field in North Sea
The first lifting of oil from the Repsol-operated Yme field in the North Sea has been completed following the field start-up in October 2021.
Aker Solutions firms up decommissioning award in Norway
Norwegian oilfield services provider Aker Solutions has formally signed a sizeable contract award with Heerema Marine Contractors.
Lukoil boasts production milestone at Caspian Sea field
Russian oil and gas giant Lukoil has produced over 30 million tonnes from the Vladimir Filanovsky field located in the Caspian Sea.
Plexus to deliver surface wellhead for new North Sea gas well
Plexus Holdings has secured a purchase order for a POS-GRIP surface production wellhead system for a “leading” North Sea operator.