Fossil Energy

Pandemic causes steep rise in serious offshore incidents, safety body says
The Norwegian offshore safety body, the Petroleum Safety Authority (PSA) has warned that the coronavirus pandemic and maintenance delays might have led to a rise in the number of serious incidents.

Equinor teams up with Microsoft for tech support on carbon capture and storage project
Norwegian energy giant Equinor is teaming up with a tech giant Microsoft on Northern Lights carbon capture and storage (CCS) value chain in Norway.

Tulip Oil halves gas production from North Sea field
Tulip Oil halved its gas production from the Q10-A field in the Dutch North Sea in the third quarter of the year when compared to the previous quarter.

DNV GL conducts remote crane inspections for Aker BP
Classification society DNV GL led a pilot project with Aker BP to remotely inspect three offshore cranes on the Norwegian Continental Shelf.

Equinor to use West Hercules rig for North Sea drilling
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for drilling in the North Sea using the West Hercules drilling rig.

Safety body starts investigation following Gjøa well incident
Norway’s offshore safety watchdog, the Petroleum Safety Authority Norway (PSA), has started an investigation of a well incident on the Gjøa field when the drill string became stuck fast and blocked the blowout preventer (BOP).

KNOT’s shuttle tankers to feature battery technology
Two new shuttle tankers being built for Knutsen NYK Offshore Tankers (KNOT) at South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering will be fitted with battery technology to gain fuel efficiency and cut emissions. Namely, DSME has inked a deal with ABB Marine & Ports to deliver the powe

Wood gets $75 million worth Mariner job from Equinor
Oilfield services provider Wood has secured a new contract with Equinor to support its operations at the Mariner field in the UK Continental Shelf.

New CEO takes the reins at Ulstein
Cathrine Kristiseter Marti has been appointed as the new CEO of Ulstein Group, replacing Gunvor Ulstein who has decided to step down from her operational role after 22 years. Cathrine Marti comes from the position as CFO, a role she has had for the past six years. Gunvor will remain Chair of the Boa

IEA: Pandemic to slow energy demand recovery. Upstream spending to pick up
A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the world’s energy demand to 2025, the International Energy Agency said on Tuesday.

Gazprom makes ‘substantial’ gas find in Kara Sea
Russian energy giant Gazprom has found another gas deposit at the Leningradskoye field in the Kara Sea which is part of the Yamal gas production centre.

Industry backs AUVs for seismic
Blue Ocean Seismic Services has secured a £10-million investment from a group of energy technology and investment companies: bp Ventures, Woodside Energy and Blue Ocean Monitoring. The investment should help continue the development of a fully integrated system which uses long endurance self-reposit

DNV GL, Bluewater pilot test hybrid digital twin for FPSOs
Classification society DNV GL and FPSO specialist Bluewater have teamed up on a pilot project to use hybrid digital twin technology to predict and analyse fatigue on an FPSO hull.

Turkey to carry out seismic survey in disputed area of Mediterranean
Turkish vessel Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ten days, a move which will further test already tense relationships with Greece.