Fossil Energy

Norwegian government proposing stricter petroleum tax rules
Norway’s government is proposing to revise the petroleum tax system, introducing stricter tax rules with a more neutral effect on investments.

Neptune kicks off first W2W campaign at North Sea field
Neptune Energy has started the first Walk to Work (W2W) campaign at its operated Cygnus gas field in the UK Southern North Sea.

Scotland to launch offshore wind tender dedicated to oil & gas decarbonisation
Crown Estate Scotland, which is currently reviewing the ScotWind Leasing Round applications, will open a new leasing process early next year, dedicated specifically to offshore wind projects which support the decarbonisation of the oil and gas sector, and to small-scale innovation projects of less t

CHC expands fleet by 30 after taking over Babcock’s offshore business
Helicopter services provider CHC Helicopter has completed its acquisition of Babcock International’s offshore oil and gas aviation business.

Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.

Boosted by new contracts, Esvagt hiring 50 new seafarers
Esvagt has revealed that recent new contract awards for its fleet mean that the company is now on the hunt for 50 new seafarers.

Appraisal well cuts Aker BP’s resource estimate for North Sea discovery
Norwegian oil and gas company Aker BP has concluded the drilling of an appraisal well on the Liatårnet oil discovery located in the North Sea.

First new Tyra topsides installed in North Sea – gallery
Heerema Marine Contractors’ Sleipnir has installed the first new Tyra topsides for TotalEnergies’ project in the Danish North Sea.

Jersey to re-phase Buchan timeline over electrification plans
Jersey will re-phase its key GBA project milestones like FEED entry, FID, and first oil dates to allow enough time for electrification studies.

Tyra topsides reach Danish North Sea
The three Tyra East wellhead and riser platforms have arrived at the Tyra field in Denmark following a journey from Singapore.

Equinor brings online one of the most profitable projects in history
Norwegian energy giant Equinor started production from the Troll phase 3 project in the North Sea off Norway on Friday 27 August.

Spirit moves to decommission North Sea field
Oil and gas company Spirit Energy has now started the first phase of preparing to decommission its Chestnut field, located in the North Sea.

Hess closes sale of Danish assets to Ineos
U.S. oil and gas company Hess Corporation has completed the previously announced sale of its subsidiary Hess Denmark ApS to Ineos E&P.

In focus: Redefining the offshore energy environment
Energy transition is bringing with it an intricate mix of options for the offshore energy and shipping sectors.