Fossil Energy

Vår Energi makes ‘significant’ discovery in Balder area
Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern North Sea offshore Norway.

Vaalco names new chief financial officer
Houston-based oil and gas company Vaalco Energy has appointed a new chief financial officer (CFO), effective 21 June 2021.

Baltic Pipe construction to continue in certain Danish areas
The Danish Environmental Protection Agency has informed Energinet that the Baltic Pipe project can resume construction works in certain parts across Denmark despite the repeal of the environmental permit. To remind, Energinet enacted a temporary shutdown of construction following the ruling from 31

Siem Offshore sheds two anchor handlers
Offshore vessel owner Siem Offshore has sold two of its anchor handling tug and supply (AHTS) vessels to an undisclosed buyer.

Aker BP extends deal for Eidesvik platform supplier
Norwegian oil company Aker BP has awarded a 100-day contract to compatriot shipping company Eidesvik Offshore for one of its platform supply vessels.

In focus: Industries, governments start walking the energy transition walk
The ‘transition’ part of the energy transition is starting to show a more defined shape, and what the world’s path towards being net-zero one day entails, as concrete plans and initiatives increasingly emerge across the energy and transportation sectors. Judging by our headlines this week, in the ye

Norway: May oil output above NPD predictions
Norway’s oil production in May 2021 was four per cent above predictions made by the Norwegian Petroleum Directorate (NPD).

Romgaz, ExxonMobil sign exclusivity deal for Black Sea block buy
Romanian oil and gas company Romgaz has signed an exclusivity agreement with ExxonMobil’s subsidiary in Romania for the acquisition of a Black Sea offshore block.

TAQA extends North Sea deal with Peterson
International energy logistics provider Peterson has been awarded a contract from oil and gas company TAQA.

Aker BP puts Norwegian Sea project on stream
Aker BP and its partners in Skarv have started production from Gråsel in the Skarv area in the Norwegian Sea, ahead of the schedule.

Circular FPSO in Norway and reuse in UK as Equinor moves ahead with new projects
Norwegian energy major Equinor has made progress with two of its offshore project developments located offshore Norway and the UK.

Siem Offshore vessel to support Kinsale P&A campaign
Offshore vessel owner Siem Offshore has been awarded a three-month firm contract for an AHTS with PSE Kinsale Energy.

Shell to bid for two offshore wind areas in Norway
Dutch oil major Shell has partnered with Norwegian hydropower producers BKK and Lyse to apply for licenses in two areas currently offered by Norwegian government for offshore wind development. The consortium is now working to prepare applications for projects in the Utsira Nord area, deemed better s

Esvagt rakes in vessel deals as market activity increases
Danish offshore vessel provider Esvagt has recently won several new deals for its vessels as activity in the oil and gas market increases.