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Fossil Energy

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Alexandroupolis FSRU; Credit: Gastrade
Fossil Energy

Greece’s first offshore LNG terminal coming online in 2024 to bolster Europe’s low-carbon energy mix

An FSRU, currently under conversion, will secure low-emission energy while enhancing Southeastern Europe’s diversification of gas sources.

about 3 years ago
Shearwater platform (illustration); Source: Shell
Fossil Energy

UK’s tax changes: First step to ‘restore confidence’ in oil & gas sector and safeguard energy security

The UK has now made adjustments to the oil and gas tax terms in a bid to protect the country’s energy security.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Fossil Energy

Confirmation of ‘significant’ oil discovery in North Sea comes with details galore

Aker BP recently revealed a new oil discovery in the North Sea off Norway, which was made using a Saipem-owned rig.

about 3 years ago
Illustration; Source: EIA
Fossil Energy

What impact will OPEC+ cuts have on global and US oil & gas production?

The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.

about 3 years ago
Jotun FPSO; Source: Vår Energi
Fossil Energy

Halliburton lands five-year deal for offshore drilling services

Haliburton has been picked by Vår Energi for a long-term strategic partnership, covering drilling services on the Norwegian Continental Shelf.

about 3 years ago
Illustration; Source: American Petroleum Institute (API)
Fossil Energy

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago
Alvheim FPSO; Source: Aker BP
Fossil Energy

Norway greenlights $700 million tie-back project in North Sea

Aker BP has received approval for a plan for development and operation (PDO) of its offshore tie-back project in the North Sea.

about 3 years ago
Australian firm secures work on Baltic Pipe gas pipeline
Fossil Energy

Australian firm secures work on Baltic Pipe gas pipeline

Poland’s GAZ-SYSTEM has appointed an Australian engineering and project delivery services company to provide technical assistance in integrity management and supervision during the operations of the Baltic Pipe gas pipeline. Under the five-year agreement, Perth-headquartered SEA Global will perform

about 3 years ago
AHTS Siem Emerald; Source: Siem Offshore
Fossil Energy

New North Sea assignment for Siem vessel

Siem Offshore has secured a deal for one of its anchor handling tug supply (AHTS) vessels with an undisclosed operator.

about 3 years ago
ADNOC
Fossil Energy

ADNOC doles out $975 million to unlock more hydrocarbons at Lower Zakum

ADNOC Offshore has awarded a $975 million artificial island construction contract to ADNOC L&S for the Lower Zakum field offshore Abu Dhabi.

about 3 years ago
Petrofac
Fossil Energy

Petrofac adds third Gulf of Mexico field to its decom scope

Petrofac has expanded its decommissioning scope of work in the Gulf of Mexico further by adding another offshore field to its backlog.

about 3 years ago
Polish and Danish TSOs initiate cooperation on energy transition and security, hydrogen and biomethane on the table
Fossil Energy

Poland and Denmark partner up for energy transition with hydrogen and biomethane on the table

Polish natural gas transmission system operator (TSO) GAZ-SYSTEM and Danish TSO Energinet have signed a Memorandum of Cooperation to work together on accelerating energy transition and strengthening regional energy security in Europe. The agreement was signed on 26 April during the Baltic Pipe gala

about 3 years ago
Petrobras
Fossil Energy

Sale of 22 onshore and shallow water fields winds up as new operator takes the helm

Petrobras has wrapped up the sale of its interest in a cluster, encompassing a set of 22 concessions of onshore and shallow water fields.

about 3 years ago
Illustration - Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
Fossil Energy

As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

11 minutes read
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