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Fossil Energy

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Oil & GasRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionCollaborationProject & TendersAuthorities & GovernmentRegulation & PolicyFPSO & VesselsSubseaSurveys & InterventionsVessels & VehiclesOutlook & StrategyVesselsOffshore WindLiquefied Natural GasSafetyLow-Carbon TransitionTransitionEnvironmentGreen MarinePropulsionInnovationTechnology
Borgland Dolphin rig; Source: Dolphin Drilling
Fossil Energy

Repsol books Dolphin Drilling’s 1977-built rig for multi-well work

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has turned a letter of intent (LoA) into a multimillion-dollar rig deal with Repsol, a Spanish multinational energy and petrochemical co

about 1 year ago
Illustration; Source: SLB
Fossil Energy

Oil & gas boost on the horizon: SOCAR taps SLB for Caspian Sea duo’s revamp

SLB has signed on the dotted line to pool resources with the State Oil Company of the Republic of Azerbaijan (SOCAR) for the redevelopment of two oil and gas fields in the Caspian Sea to augment production from these mature assets off the coast of Azerbaijan.

about 1 year ago
Gjøa; Source: Vår Energi
Fossil Energy

North Sea operator steps up oil project’s game with boost in production and reserves

Norwegian upstream oil and gas player Vår Energi has ramped up its production and reserves from a field in the North Sea by bringing online a new low-pressure project off the coast of Norway.

about 1 year ago
Troll B platform; Credit: Øyvind Hagen/Equinor
Fossil Energy

Equinor gets the all-clear to deploy export solution for North Sea gas

Equinor has received the Norwegian authorities’ blessing for a new gas export solution, which will create an alternative path for gas exports from a platform in the North Sea to bolster Norway’s energy security.

about 1 year ago
AKOFS vessel secures more work with Petrobras under $246 million contract
Fossil Energy

AKOFS vessel secures more work with Petrobras under $246 million contract

AKOFS Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services, has secured a firm contract for one of its vessels that ensures it will continue working for Brazilian oil & gas giant Petrobras. Following a competitive tender process that resulted in

about 1 year ago
A North Sea platform
Fossil Energy

Tenaz gains access to ‘highly prospective’ North Sea gas assets in $244M deal

Canada’s public energy company Tenaz Energy has acquired a private company holding interests in an offshore development on the border between the Dutch and German sectors of the North Sea.

about 1 year ago
A processing plant by the sea
Fossil Energy

Safety overhaul underway at Equinor’s Barents Sea LNG plant after incident probe

Following an internal investigation of an accident at its liquefied natural gas (LNG) facility, Norway’s state-owned energy giant Equinor has introduced measures to prevent similar incidents from happening in the future.

about 1 year ago
Illustration: Source: Wood Mackenzie
Fossil Energy

50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach

With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision cou

about 1 year ago
Illustration; Source: Environmental Defense Fund Europe (EDFE)
Fossil Energy

€4.5 trillion investor coalition urges EU to hold the line on methane cuts

The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing pro

about 1 year ago
Andrew platform
Fossil Energy

Heerema secures decom contract for BP’s North Sea platform

Heerema Marine Contractors has secured a decommissioning contract with the U.K.-headquartered energy giant BP.

about 1 year ago
Man pointing at offshore platform
Fossil Energy

New partner joins TotalEnergies’ CO2 storage project off Denmark

The Danish subsidiary of France’s energy giant TotalEnergies has signed a farm-down agreement with CarbonVault, an affiliate of the German cement producer SCHWENK, for a carbon capture and storage (CCS) project in the Danish sector of the North Sea.

about 1 year ago
Transocean Norge; Source: Transocean
Fossil Energy

Harbour Energy obtains go-ahead for North Sea drilling ops with Transocean rig

Harbour Energy has secured a permit to spud a wildcat well in the Norwegian sector of the North Sea, which will be done with a semi-submersible rig owned by Transocean.

about 1 year ago
Everllence
Fossil Energy

Everllence, ABB, OceanWings join forces to engineer novel, optimized propulsion concepts

Germany-based engine maker Everllence (formerly known as MAN ES Solutions), Swiss technology company ABB and French designer and manufacturer OceanWings have shaken hands on a joint project that will aim to develop optimized and sustainable propulsion concepts. As disclosed, the three partners signe

about 1 year ago
Illustration; Source: Shell
Fossil Energy

Shell flows first gas from North Sea field

Shell has kicked off production from a gas field in the North Sea, which is expected to help maintain domestically produced gas for Britain’s homes, businesses, and power generation.

about 1 year ago
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