Fossil Energy

Aker Solutions, Subsea 7 to supply subsea equipment for KEG project
Aker Solutions and Subsea 7 have secured subsea scope contracts with Aker BP for the Kobra East & Gekko (KEG) development located in the Alvheim area of the North Sea. Aker Solutions will provide the subsea production system for the project, including four horizontal subsea trees, three manifolds, c

Ineos, Petroineos to store 1 mln tonnes of CO2 at Acorn project by 2027
The Acorn Project partners – Storegga, Shell, and Harbour Energy – have signed a memorandum of understanding (MOU) with Ineos and Petroineos at Grangemouth to develop Scotland’s first carbon capture and storage system linking the industrial heartland to the Acorn CO2 transport and storage hub in by

Maersk rig gets more Martin Linge work
Maersk Drilling has secured an extended well intervention scope with Equinor off Norway for the low-emission rig Maersk Intrepid.

Covid-19 outbreak hits Shell’s North Sea hub
An outbreak of Covid-19 on a Shell-operated field off the UK has forced the oil major to remove dozens of workers from the North Sea hub.

Baltic Pipe construction at full throttle with 50km done
Saipem’s pipelay vessel Castorone has installed 50 kilometers of the gas pipeline for the Baltic Pipe project in the Baltic Sea. Approximately 225 kilometers remain to be laid by Saipem’s pipelay trio of Castorone, Castoro Sei and Castoro 10, project developers reported. Castorone began laying the o

Pioneering Spirit vessel installs new Buzzard module for CNOOC – gallery
CNOOC International has confirmed that the heavy lift of the Buzzard Phase II topside module onto the Buzzard ‘P’ platform was completed, using the Pioneering Spirit.

Solstad secures 1,000 vessel days with new deals and extensions
Norwegian offshore vessel owner Solstad Offshore has secured multiple new medium-term contracts and contract extensions for its vessels.

UK decommissioning costs fall but sector urged to pick up speed
UK’s OGA has revealed that the decommissioning cost estimate has fallen to £46 billion (about $63.7 billion), the fourth year-on-year fall.

WATCH: Aker BP installs jacket for new Hod B platform
Following a sail away from a yard in Verdal, a jacket for the Aker BP-operated Hod B platform has been installed in the North Sea off Norway.

Three majors support research to monitor offshore methane emissions by satellite
Three oil and gas majors are supporting a research project from GHGSat to assess the feasibility of its methane monitoring technology.

Hurricane completes Lincoln plug and abandonment work
Oil and gas company Hurricane Energy has completed the plugging and abandonment of the Lincoln-14 well in the Greater Warwick Area (GWA) off the UK.

No luck for Equinor in well near Troll field
Norwegian oil and gas major Equinor has concluded the drilling of a well in the North Sea offshore Norway but found no commercial amounts of hydrocarbons.

Finder Energy adds new license to UK North Sea portfolio
Perth-based Finder Energy has bought another UK North Sea license from Azinor Catalyst Limited – the highly prospective P2317 license named Goose.

Shell to raise shareholder returns amid ‘strong cash generation’
Driven by strong cash generation, oil major Shell will be increasing its returns to shareholders through share buybacks or dividends.