Fossil Energy

Second Russian pipelayer arrives at Nord Stream 2 construction site
A Russian pipe-laying vessel Fortuna has arrived at the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea

Premier files plans to decommission North Sea pipelines
UK oil and gas company Premier Oil has filed its draft decommissioning program for the Hunter & Rita subsea pipelines to the UK authorities.

Equinor redirects Russian offshore commitments in favour of onshore presence
Equinor has completed an agreement with Rosneft that increases its onshore presence in Russia and redirected its remaining exploration commitments offshore.

Havila Shipping terminates charter with DeepOcean
Norwegian shipowner Havila Shipping has terminated the charter with DeepOcean for Havila Phoenix subsea vessel due to the breach of contractual obligations.

Well-Safe Protector rig arrives home to prepare for decom work
Well-Safe Solutions has welcomed home its new rig the Well-Safe Protector for preparations ahead of deployment in early 2021.

Aker Solutions gets $114M Kristin Sør deal from Equinor
Norwegian engineering firm Aker Solutions has signed a letter of intent with compatriot oil major Equinor for the delivery of a subsea production system to the Kristin Sør oil and gas satellite fields in the North Sea.

Equinor gets consent to extend Veslefrikk field life
Norwegian safety watchdog Petroleum Safety Authority (PSA) has given Equinor a consent for the life extension for Veslefrikk.

Vår Energi CEO heading out to lead Petoro
CEO of Vår Energi is leaving her role in the company to lead another Norwegian oil and gas company, the state-owned Petoro.

Neptune launches feasibility study for Dutch CCS project
Oil and gas exploration firm Neptune Energy has announced a feasibility study for a large-scale offshore carbon capture and storage (CCS) project in the Dutch North Sea.

Equinor hands out supply vessel deals
Norwegian oil and gas company Equinor has awarded Havila Shipping three-year contracts for the Havila Charisma and Havila Foresight platform supply vessels.

The world to run out of oil supply to meet demand unless exploration speeds up, Rystad reports
The world is on track to run out of sufficient oil supplies to meet its needs through 2050 unless exploration speeds up, Rystad Energy reveals.

Ocean Installer focuses on offshore wind, renames to Havfram
Norway-headquartered Ocean Installer has changed its name to Havfram, saying that the move reflects the company’s increased commitment to offshore wind. “The solid revenues derived from our oil and gas projects, as well as our broad project and engineering expertise, are now being utilised to create

Shell executives quit over green transition disagreements
Several clean energy executives have left from oil major Shell over a disagreement on how far and fast the company should move towards greener energy.

New CFO to join Maersk Drilling in early 2021
Maersk Drilling has appointed a new Chief Financial Officer as its current CFO is planning to leave the company early next year