Fossil Energy
Minor gas and oil find for Aker BP
Norwegian oil and gas company Aker BP has made a minor gas and oil discovery in the Norwegian Sea.
CBO Flamengo to get Wärtsilä’s hybrid propulsion
Brazil’s offshore support vessel operator CBO has signed an agreement with the technology group Wärtsilä to convert one of its vessels to operate with hybrid propulsion. The CBO Flamengo will be the first vessel in Latin America to be fitted with a battery pack for hybrid propulsion, compliant with
Alfa Lift’s crane pieces coming together
Liebherr-MCCtec Rostock has put together the lower slewing unit of the HLC 150000-300 heavy lift crane which will be installed on OHT’s Alfa Lift installation vessel. According to the crane supplier, “the wedding” of the the lower slewing column and the machinery frame, which together make the lower
Digital twin used on BP’s new Caspian platform as it moves into fabrication & commissioning stage
A joint venture work between KBR and Socar, which is undertaking the engineering design phase of the Azeri Central East platform, is now nearing completion.
Eni ready for Norwegian offshore wind tenders with newly established company
Eni has set up a joint venture company named Vårgrønn together with Norwegian energy investor HitecVision, with offshore wind being the first item on the to-do list of the newly established business in which the Italian oil & gas major holds a 69.6 per cent stake. Namely, Vårgrønn’s first step will
Mystery operator puts Sparrows in charge of inspection on UK assets
Sparrows Group has secured a five-year contract with “a major UK Continental Shelf operator” to provide inspection services across its assets in the region.
Aker Solutions to step up energy transition game after the merger
Aker Solutions and Kvaerner have completed a merger whereby Aker Solutions has absorbed all the assets, rights and obligations of Kvaerner and Kvaerner has been dissolved. The two entities have joined forces to create a new supplier of solutions to reduce climate gas emissions from oil and gas insta
ConocoPhillips makes gas discovery in Norwegian Sea
Oil major ConocoPhillips has made a gas discovery southwest of the Skarv field in the Norwegian Sea.
Seven Norwegian supply bases to provide services for Equinor
Norwegian oil major Equinor has awarded NorSea Group, Saga Fjordbase, and ASCO contracts for services at supply bases in Norway.
North Sea major files for CO2 storage licence as part of UK’s net-zero journey
North Sea operator Chrysaor has submitted a licence application for the purpose of storing CO2 in a depleted reservoir in the North Sea off the UK.
Magseis Fairfield back in black
Seabed seismic player Magseis Fairfield has returned to profit in Q3 2020 despite major revenue drop against the prior-year quarter. The Oslo-listed company generated Q3 2020 revenue of $47 million, down from $134 million same time last year. Revenue was up from Q2 2020 revenue of $45 million. The y
Energy transition is a tale of collaboration
Energy transition will never be a one-sided affair with one industry excluding the other. the push to greener sources of energy is a collaborative effort of all the industries, with oil and gas still playing a major role in unlocking new industries and accelerating their development.
Vår Energi chooses two ‘greener supply vessels’ in push to reduce emissions
Vår Energi has decided to hire two ‘greener supply vessels’ for service in the North Sea as part of strategy to reduce its environmental footprint.
Aker Solutions – Kvaerner fusion gets green light
Norwegian firms Aker Solutions and Kvaerner have received the necessary approvals from governmental bodies for the completion of the earlier announced merger. In June this year, the two companies entered into a merger plan to create an optimised supplier company. The merger means that Aker Solutions