Fossil Energy

Aker Solutions and AF Gruppen to form decom and recycling player
Aker Solutions and AF Gruppen will merge the two companies’ existing offshore decommissioning operations into a 50/50 owned company.

Contractor pipeline to double as FPSO market is booming, Rystad says
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020, Rystad Energy says.

Equinor finally starts production from Martin Linge field
The Equinor-operated Martin Linge oil and gas field in the North Sea came on stream on Wednesday night, 30 June. The field is powered from shore and operated from its onshore control room.

Petrofac bags $17 million job with Ithaca Energy
Petrofac, an international service provider to the energy industry, has been awarded a two-and-a-half-year project with Ithaca Energy.

Westcon to work with TechnipFMC on Norwegian oil field
TechnipFMC has awarded Westcon Yards Subsea with a contract to deliver 13 structures and six PLRs for the Breidablikk oil field in Norway. Set to be delivered in February and April 2022, the structures will connect the pipe system which TechnipFMC will install on the ocean floor at the Breidablikk f

TechnipFMC wins EPCI contract for Kristin Sør field
TechnipFMC has secured an engineering, procurement, construction and installation (EPCI) contract by Equinor for the Kristin Sør field in the North Sea. TechnipFMC will supply rigid pipelines, static and dynamic umbilicals, as well as pipeline and marine installation of the subsea production facilit

Lundin preparing for North Sea appraisal well
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Energy Norway for a well in the North Sea off Norway.

Vår Energi suffers delays at North Sea project due to Covid-19
Oil and gas companies are still feeling the impact of the Covid-19 pandemic as new project start-ups are being delayed and costs are rising due to continuous challenges arising from related restrictions.

Aker BP files development plan for new Alvheim tie-back
Norwegian oil & gas company Aker BP has filed its development plan for the Kobra East and Gekko project in the central part of the North Sea.

Equinor makes investment decision for Lavrans, Kristin Q discoveries
Equinor, Petoro, Vår Energi, TotalEnergies have decided to develop the Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field.

Chairman and non-exec directors leave Hurricane Energy
The chairman of UK oil and gas company Hurricane Energy, as well as all other non-executive directors, have resigned from the company’s board effective immediately.

200-turbine floating wind oil & gas electrification project selects first supplier
Cerulean Winds, a company that recently unveiled a project for the production of green hydrogen and electrification of offshore oil & gas assets with 200 floating wind turbines off Scotland, has named the first of its delivery partners. The company has selected NOV as the exclusive provider of float

Horisont Energi inks LOIs for commercial carbon storage
Norwegian carbon tech company and driving force behind the Polaris carbon capture and storage project Horisont Energi has signed several letters of intent with major European companies, continuing its steady progress towards commercial carbon storage off the coast of Norway.

Winds of change
The winds of change are coming for energy transition – but are they moving as fast as they could be?