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Fossil Energy

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COSL Prospector rig; Source: COSL
Fossil Energy

Fresh oil discovery in Barents Sea comes to light

Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.

about 10 months ago
EU flags
Fossil Energy

EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure

As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).

about 10 months ago
CO2 Collection Terminal; Source: Höegh Evi
Fossil Energy

Trio pools resources to forge CO2 logistics hub for carbon dioxide transport chain

Three players in the offshore energy and maritime spheres – Höegh Evi, Aker BP, and Ports of Stockholm – have joined forces to bring to life a CO2 logistics hub and enable an efficient and sustainable transport chain for carbon dioxide from industrial emitters in eastern Sweden.

about 10 months ago
FPSO hull design; Source: Deltamarin
Fossil Energy

FPSO hull design obtains ABS’ seal of approval

The American Bureau of Shipping (ABS), a classification society, has bestowed an approval in principle (AiP) to Finland’s marine engineering player Deltamarin and China Merchants Heavy Industry (CMHI) for a new versatile floating production, storage, and offloading (FPSO) hull design.

about 10 months ago
Northern Phoenix; Source: K Line
Fossil Energy

Northern Lights’ liquefied CO2 carrier arsenal grows as third vessel joins its fleet

China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), has delivered a new liquefied carbon dioxide (LCO2) carrier to Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies.

about 10 months ago
Illustration; Source: North Sea Transition Authority (NSTA)
Fossil Energy

13 UK operators fall behind on their decom duty with 153 wells in arrears

Great Britain’s regulator, the North Sea Transition Authority (NSTA), has signaled its readiness to tackle the decommissioning deficit on the UK Continental Shelf (UKCS) by revealing the names of operators that are lagging behind their peers in the decommissioning department.

about 10 months ago
Grain LNG; Source: National Grid
Fossil Energy

£1.5 billion enables UK-US pair to get their hands on Europe’s giant LNG terminal

Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have brought into their fold a liquefied natural gas (LNG) terminal in Kent County, United Kingdom.

about 10 months ago
Camilla Kiss, Acting President, Kongsberg Discovery and Niels Peter Christiansen, CEO, MacArtney Underwater Technology Group; Courtesy of Kongsberg Discovery
Fossil Energy

Kongsberg Discovery and MacArtney enhancing defense, energy, and ocean science underwater menu

Kongsberg Discovery, part of Norway’s Kongsberg Gruppen, has taken a step to combine its offering with MacArtney Underwater Technology to create a new level of turnkey capability in towed underwater sensing solutions for defense, energy, and ocean science spheres.

about 10 months ago
Shearwater platform in the North Sea; Source: Shell
Fossil Energy

Shell and Equinor breathe life into UK North Sea’s ‘largest’ independent oil & gas producer

Adura, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has been born, combining the two energy heavyweights’ offshore oil and gas operations on the UK Continental Shelf (UKCS).

about 10 months ago
FPF-1; Source: Ithaca Energy
Fossil Energy

Subsea7 lands multimillion-dollar decom gig in UK waters

Luxembourg-domiciled Subsea7 has been hired on an off-station decommissioning services assignment on the UK Continental Shelf (UKCS).

about 10 months ago
Rendering of Cahiracon FSRU site; Courtesy of Gas Networks Ireland
Fossil Energy

Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls

Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates and maintains Ireland’s €3 billion, 14,75

about 11 months ago
Eldfisk Complex; Source: ConocoPhillips
Fossil Energy

Aker Solutions lines up multimillion-dollar job at North Sea oil & gas duo

Norway-based energy services provider Aker Solutions has won a multi-year brownfield maintenance and modification (M&M) services assignment with ConocoPhillips Skandinavia, a subsidiary of the U.S.-headquartered energy giant ConocoPhillips.

about 11 months ago
COSL Prospector rig; Source: Canarship
Fossil Energy

COSL rig good to go on Barents Sea oil & gas drilling quest

Norwegian authorities have signed off on exploration drilling activities Norway’s oil and gas player Vår Energi is planning to undertake in the Barents Sea, with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 11 months ago
COSL Innovator rig; Source: COSL
Fossil Energy

North Sea drilling ops with COSL rig get blessed by the powers that be

Equinor has checked off the list the Norwegian authorities’ green light for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 11 months ago
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