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Fossil Energy

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PSV Skandi Captain; Source: DOF
Fossil Energy

DOF downsizes its fleet by selling one of its vessels

DOF Rederi, a fully owned subsidiary of Norway’s vessel owner DOF Group, is in the process of divesting one of its platform supply vessels (PSVs).

about 2 years ago
Transocean Barents sixth-generation semi-submersible drilling rig; Source: Transocean
Fossil Energy

After Transocean, Halliburton snaps up multi-million job on giant gas project in Black Sea

OMV Petrom has picked Halliburton Romania, a subsidiary of the U.S.-based Halliburton, has been picked for integrated drilling services.

about 2 years ago
Equinor keeps Reach Subsea busy offshore Brazil
Fossil Energy

Equinor keeps Reach Subsea busy offshore Brazil

Norway-headquartered Reach Subsea is set to begin work for Equinor offshore Brazil this month, using the subsea vessel Havila Subsea. Reach Subsea has together with its Brazilian partner OceanPact received a notice of contract award from Equinor for combined light construction, inspection, maintenan

about 2 years ago
Transocean Barents semi-submersible rig; Source: Transocean
Fossil Energy

Transocean rig lands new multi-million gig in Black Sea

Transocean has tucked a new deal under its belt with OMV Petrom for one of its semi-submersibles, which will see the rig move to work in the Black Sea.

about 2 years ago
Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, President and CEO of QatarEnergy; Source: QatarEnergy
Fossil Energy

While advocating stronger cooperation, QatarEnergy CEO calls for ‘realistic and scientifically based’ energy transition pathway

QatarEnergy’s CEO has urged Arab countries to bolster their cooperation efforts in the evolving energy landscape to address the energy transition challenges.

about 2 years ago
Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license
Fossil Energy

Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license

Horisont Energi and PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, have signed a sales and purchase agreement (SPA) under which PUN acquires a 50% participating interest in the only CO2 exploration license in the Barents Sea and is willing to take over the operator role. Under the SPA, P

about 2 years ago
Six European countries launch research center for subsea infrastructure security
Fossil Energy

Research center for subsea infrastructure security opens in The Hague

The Seabed Security Experimentation Center (SeaSEC), the research center for submarine infrastructure security, has officially opened in The Hague, the Netherlands. Located at Campusatsea in Scheveningen, the SeaSEC research center is committed to safeguarding the subsea infrastructure in the North

about 2 years ago
Greater Laggan Area; Source: TotalEnergies
Fossil Energy

With replacement work underway, restart of TotalEnergies’ UK gas plant anticipated in fortnight’s time

TotalEnergies is continuing its investigation into the failure of a heating system section at a gas plant on the north coast of the main island of the Shetland Isles.

about 2 years ago
Gjøa platform; Source: Neptune Energy
Fossil Energy

Fresh gas discovery and appraisal activity put potential tie-back to North Sea platform on the table

Neptune Energy has revealed a new gas discovery at an offshore prospect and confirmed the volumes for an appraisal well in the North Sea.

about 2 years ago
Deepsea Bollsta rig; Source: Lundin Energy
Fossil Energy

With Shell opting out of last extension option in Namibia, rig available for hire in summer

Northern Ocean is on the lookout for further assignments for a semi-submersible rig, which is expected to finish its work with Shell in the summer next year.

about 2 years ago
António Guterres, UN Secretary-General; Credit: UNFCCC/Kiara Worth
Fossil Energy

COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

12 minutes read
Illustration; Source: The International Energy Agency (IEA)
Fossil Energy

COP28’s impact on LNG spree: Will decarbonization moves throw oil & gas players off their game?

Will the anticipated global build-out of liquefied natural gas (LNG) projects continue or will many of these projects come to an abrupt end?

15 minutes read
Microsoft joins Northern Lights CCS project
Fossil Energy

Microsoft to back Northern Lights CCS project

The Northern Lights Joint Venture and SLB have signed a memorandum of understanding (MoU) with Microsoft to optimize integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS). In the i

about 2 years ago
Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Fossil Energy

JV seeking partners for block offshore Guyana to unlock its hydrocarbon potential

Canada’s CGX Energy and Frontera Energy are on the lookout for partners for the further development on the Corentyne block offshore Guyana.

about 2 years ago
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