Fossil Energy

Greenpeace strikes again in protest against Shell’s Brent decom plans
Greenpeace activists from Germany have launched a protest in the North Sea to call out Shell’s plans to abandon an estimated 11,000 tonnes of oil in the sea.

Norwegian oil output in July above NPD prediction
Norwegian oil production has risen above predictions made by the Norwegian Petroleum Directorate (NPD) after June’s numbers were below expectations.

GC Rieber delivers Polar King to new owner
GC Rieber Shipping has delivered IMR vessel Polar King to the new owner. The company entered into the sale agreement for the vessel last week. GC Rieber did not reveal the name of the buyer. The Polar King is a multipurpose subsea vessel specially capable of execution operations under severe weather

Lundin Energy picks new chief operating officer
Swedish oil company Lundin Energy has named a new chief operating officer (COO) of the company after the previous COO was promoted to the chief executive officer (CEO) role.

Shell closes farm-in deal for two UK licences with Egdon
Shell has completed a farm-in agreement with Egdon Resources in respect of two offshore licences, which contain the Resolution and Endeavour gas discoveries off the UK.

Noble Energy shareholders get the date for Chevron merger vote
Noble Energy has scheduled a special meeting of shareholders for the approval of its merger with Chevron following the clearance of one of the regulatory hurdles.

Woodmac: Turkey’s Tuna-1 discovery could be transformational
A gas discovery of the scale of Turkey’s Tuna-1 find in the Black Sea, if developed, would be transformational for the country, given its overwhelming reliance on imports and crippling energy import bill, according to Wood Mackenzie.

SBM Offshore moves to sell DSCV SBM Installer
Dutch SBM Offshore is preparing to sell the DSCV SBM Installer by acquiring the entire stake in a company holding the vessel, which is jointly owned with Ocean Yield.

TGS in new OBN survey off Norway
TGS has started a pioneering sparse ocean bottom node (OBN) survey in the Atlantic Margin off the coast of mid Norway. This initial study phase is being conducted primarily to provide proof of concept ahead of anticipated further survey proposals to further highlight hydrocarbon potential in the reg

Former Repsol Sinopec boss to take the helm at Ithaca Energy
Ithaca Energy, a North Sea focused oil and gas operator, has appointed a new chief executive officer (CEO).

Wintershall Dea rejects U.S. sanctions for Nord Stream 2 project
German oil and gas company Wintershall Dea, one of five western partners in the Nord Stream 2 gas pipeline project led by Russia’s Gazprom, has reportedly rejected sanctions planned by the United States.

Equinor, ConocoPhillips cleared to drill wells off Norway
Oil and gas firms Equinor and ConocoPhillips have been cleared to drill wells by Norway’s Petroleum Safety Authority (PSA) in the North and Norwegian Sea, respectively.

Pharos COO takes Hurricane Energy chief executive role
London-listed oil explorer Hurricane Energy has named a new chief executive officer (CEO) of the company.

Poland could reach climate neutrality by 2056
The Polish Economic Institute (PEI) said on Wednesday that Poland, which is the only European Union country that has not pledged to be carbon neutral by 2050, could reach that goal by 2056.