Fossil Energy

In focus: Energy transition is not moving forward – it is leaping towards net-zero goal
Not long has passed since the first industry and governmental commitments to making concrete moves towards cleaner energy and shipping sectors. The road of the global energy transition started with pledges and strategies, and is planned to end in a greener, cleaner world – with all that needs to be

Aker BP secures drilling permit for North Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for two wells in the North Sea offshore Norway.

Neptune wraps up Dugong appraisal well testing
Neptune Energy has completed the formation and flow testing (DST) of an appraisal well on the Dugong discovery located offshore Norway.

Well Expertise deploys blockchain-backed smart contract network for Wellesley’s wells
Data Gumbo announced Well Expertise will deploy GumboNet across its well portfolio for frame agreements and well contracts with Wellesley.

Industry majors, oil & gas players shortlisted for French floating wind tender
Equinor, Shell, Eni, and TotalEnergies have been selected to participate in France’s first tender dedicated to floating wind.

Repsol Sinopec awards 14-well decom deal to Well-Safe
Repsol Sinopec has awarded a contract to Well-Safe for the decommissioning of 14 subsea wells in Hannay and Buchan fields.

Kongsberg to digitalise Island Offshore’s 26-vessel fleet
Kongsberg Digital has signed a contract with Island Offshore to digitalise its fleet of 26 offshore service vessels with Vessel Insight.

Lundin looking to sanction North Sea discoveries before end of 2022
Following successful completion of appraisal wells on the Lille Prinsen discovery, Lundin will now work to submit a PDO by the end of 2022.

DeepOcean inks subsea cable repair deal with Equinor
DeepOcean has secured a frame agreement contract by Equinor to provide contingency equipment and services for handling high-voltage subsea cables utilized for offshore renewables and oil and gas. The contract covers the provision of handling equipment and personnel for subsea high-voltage cable cont

SBM Offshore closes largest project financing in its history
SBM Offshore has completed the project financing of FPSO Sepetiba for a total of $1.6 billion, the largest project financing in its history.

Aker BP hands out first major contracts for North Sea development
Aker BP has awarded FEED contracts worth nearly NOK 700 million to alliance partners related to the development of NOA Fulla off Norway.

Norway’s mature areas licencing round attracts bids from 31 oil & gas players
The Norwegian Ministry of Petroleum and Energy has received applications from 31 companies in connection with the APA 2021 in Norway.

Longboat sees start of drilling ops on its first-ever exploration well
Vår Energi has started drilling the Rødhette exploration well, the first in a series of seven wells where Longboat Energy will participate.

PGS concludes 3D survey in Barents Sea with new records
PGS has completed a simultaneous node and streamer acquisition for Lundin Energy and partners in PL1083 in the Barents Sea.