Fossil Energy

Lundin gets green light for exploration drilling off Norway
Lundin has received consent from the offshore regulator to use the Deepsea Stavanger rig for exploration drilling in the Norwegian Sea.

Danish govt bankrolls two projects for CO2 storage in North Sea
Denmark’s government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea.

NEO Energy gains access to key North Sea hubs after closing ExxonMobil deal
HitecVision-backed NEO Energy has finally completed the acquisition of ExxonMobil’s non-operated oil and gas assets in the North Sea.

No traces of petroleum for PGNiG in Norwegian Sea well
PGNiG is in the process of concluding the drilling of a wildcat well in the Norwegian Sea, as the well turned out to be dry.

Aker Solutions to reuse existing equipment for new Asgard subsea compression module
Aker Solutions has secured a contract with Equinor to deliver engineering, procurement and construction (EPC) of a subsea compression module to be installed at the Åsgard gas field offshore Norway.

Stena Drilling mulls option to buy new drillship from Samsung Heavy
Stena Drilling has revealed an agreement with South Korea’s Samsung Heavy Industries related to an option to buy a newbuild drillship.

Rockhopper and Navitas starting new chapter in Sea Lion project as Harbour heads out
Rockhopper, Harbour Energy, and Navitas Petroleum have signed heads of terms, which will allow Harbour a clean exit from the Sea Lion project.

Wood put in charge of FEED services on two Saudi Aramco oilfields
Wood has secured a contract with Saudi Aramco to deliver services for two of its oilfields in Saudi Arabia.

UK competition winners get funds to kick-start North Sea oil & gas electrification
UK’s petroleum regulator has selected three winners for its £1 million electrification competition, aiming to advance oil and gas electrification plans.

North Sea Midstream Partners joins Acorn Project in UK
Storegga, Shell, and Harbour Energy have revealed that North Sea Midstream Partners has acquired stake in the Acorn CCS and Hydrogen Project in the UK.

Heerema renews contract with Kongsberg Digital in support of crane simulator
Kongsberg Digital has won a five-year contract extension with Heerema for system support of maritime simulation solutions and training.

Solstad vessels win long-term jobs with Equinor in Brazil
Solstad Offshore has secured long-term contracts for two of its platform supply vessels with Equinor for operations in Brazil.

3i to take full control of vessel provider Esvagt
Esvagt will be fully owned by 3i Infrastructure following the purchase of a 50% stake from co-investor AMP Capital for about $356 million.

In focus: Why clean hydrogen is becoming undeniable
The European Clean Hydrogen Alliance has identified a pipeline of over 750 projects that European industry is undertaking to roll out the hydrogen economy on a large scale in Europe.