Fossil Energy

PGNiG buying Norwegian assets from Ineos at a reduced price
PGNiG Upstream Norway has just received approval from Norwegian authorities to acquire all assets of Ineos E&P Norge for a reduced price.

In focus: Converting jack-up rigs and combining offshore wind & hydrogen for low-carbon future
This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining offshore wind and hydrogen, the urgency to decarbonise the shipping sector, and more.

SBM Offshore secures loan to build Brazil’s largest oil production unit
FPSO operator SBM Offshore has secured a $635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré.

UK launches competition to bring electrification a step closer to reality
UK’s oil and gas regulator has launched a decarbonisation competition for the electrification of offshore oil and gas installations.

Kistos resumes gas production from Dutch North Sea project
Kistos has announced the resumption of gas production from the Q10-A offshore gas field in the Dutch North Sea.

Norway: August oil output exceeds predictions
Norway’s oil production in August 2021 surpassed the Norwegian Petroleum Directorate’s predictions while the country’s gas output decreased.

EnQuest hands in decom plan for Thistle Alpha topsides
UK-based EnQuest has submitted its decommissioning plan for the Thistle Alpha platform topsides to the country’s authorities.

ADC Energy to evaluate rigs for LNG deployment
ADC Energy announced its latest win in the LNG sector, after securing a contract with a U.S.-based global infrastructure organisation.

TMC hired to supply compressors for Woodside’s Sangomar FPSO
TMC Compressors has been contracted to supply the marine compressed air system for Woodside’s Sangomar FPSO, which will operate in Senegal.

Equinor to pump up gas supply for tight European market
Equinor and its partners have received permission to increase gas exports from two fields in Norway to supply the tight European market.

Wintershall Dea gets cease-and-desist letter from German environmentalists
Wintershall Dea has received a letter from a German environmental association, calling for the company to stop its activities under a warning of legal action.

BP charters Prosafe unit for UK North Sea job
Oil major BP has chartered the Prosafe-owned Safe Zephyrus to support the Seagull project at the ETAP facility in the UK North Sea.

Fugro wraps up Pensacola geophysical site survey
Fugro GB North Marine has completed the geophysical site survey over the planned Pensacola exploration well location on Licence P2522 in the Southern North Sea.

Viaro Energy expands footprint in the Netherlands ahead of new well
Viaro has signed a sale and purchase agreement with NAM to acquire an additional 10% share in the F5/F4A East licences in the Netherlands.