Fossil Energy

Johan Sverdrup field to produce more oil than expected after phase 2 startup
In addition to a reduction in a full field breakeven oil price, Equinor expects to see an increased production capacity at its Johan Sverdrup field.

Petrofac names new senior staff for renewable energy growth
Energy industry services provider Petrofac has made a senior UK appointment to support the growth of its offering in the renewable energy sectors like hydrogen, carbon capture and wind.

Equinor to produce less oil & gas and spend more on renewables in energy transition push
Equinor is accelerating its energy transition with plans to produce less oil and gas and increase investments in renewables.

Aker BP extends TWMA gig in Norway
TWMA has been awarded a three-year contract extension to supply integrated waste management services for Aker BP’s projects offshore Norway.

Safety order for KCA Deutag after serious injury on Askeladden rig
The Norwegian offshore safety body Petroleum Safety Authority (PSA) has issued an order to KCA Deutag Drilling following a serious personal injury incident on the Askeladden jack-up rig.

Damen delivers fast crew supplier to support Pioneering Spirit
Dutch shipbuilder Damen Shipyards Group has delivered a fast crew supplier to Allseas for support of the giant heavy lift vessel – the Pioneering Spirit.

UK and Norway chasing electrification of North Sea assets to reach climate goals
No stone is left unturned when it comes to options for reducing carbon emissions, including electrification of oil and gas assets, carbon capture usage and storage, replacing fossil with renewable sources of energy and introducing alternative fuels like hydrogen and ammonia.

Saipem rig to replace West Mira following x-mas tree incident on Nova field
Wintershall Dea will be using a Saipem-owned rig to complete its Nova field drilling campaign following an incident with the previous rig.

Oil giant BP announces offshore wind bid in Norway
British oil and gas major BP is joining the recently established consortium between Statkraft and Aker Offshore Wind, which is preparing a bid to build an offshore wind farm in Norway. The consortium will propose to develop an offshore wind project in the Sørlige Nordsjø II (SN2) area, with a plan t

Turkey mulls cooperation with Chevron, ExxonMobil on Black Sea find
Turkish authorities have shared data on its Black Sea discovery with a duo of U.S. energy majors with possible gas extraction cooperation in mind.

Equinor makes minor oil discovery in North Sea
Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway.

In focus: Challenge accepted by oil major while Norway answers offshore wind calls
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.

Nord Stream 2 ties first line to land despite Republican outrage
Nord Stream 2 AG, a subsidiary of Russia’s Gazprom and operator of the Nord Stream 2 offshore gas pipeline, has confirmed that the offshore part of one line of the pipeline has been mechanically completed.

Lancaster issues swell for Hurricane as well trips and shuts down
In addition to facing a wind-down and a wind-up of its Lancaster field, Hurricane Energy has experienced further issues on its field.