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Fossil Energy

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Map of the acreage position in the West of Shetlands; Source: Spark New Energies
Fossil Energy

UK oil & gas player buying West of Shetland assets

Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has executed a share purchase agreement to acquire Spark Exploration UK.

about 3 years ago
Petrofac extends collaboration with Scottish repair, inspection and integrity solutions provider
Fossil Energy

Petrofac extends collaboration with Scottish repair and inspection solutions provider

Oilfield services provider Petrofac has signed a new master service agreement (MSA) with ICR Integrity, a Scotland-headquartered provider of specialist repair, inspection and integrity solutions, valued at over £1 million per annum. Under the MSA, initially awarded in 2019, ICR’s partnership with Pe

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

Aker BP’s North Sea well comes up dry

Aker BP has completed the drilling of an exploration well near the Edvard Grieg field in the Norwegian sector of the North Sea but failed to find hydrocarbons.

about 3 years ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Fossil Energy

Recent oil discovery in Barents Sea puts forward tie-back to existing FPSO

Vår Energi’s oil discovery near the Goliat field in the Barents Sea has brought the possibility of a tie-back to the existing infrastructure.

about 3 years ago
A photo of the Kincardine floating wind farm in Scotland featuring Principle Power's floating foundations
Fossil Energy

Flotation Energy, Vårgrønn take first permitting step for another oil & gas-powering floating wind farm

Flotation Energy and Vårgrønn, who recently filed a Marine Licence application for their 500 MW Green Volt floating wind farm in Scotland, have now submitted a Scoping Report for the 1.4 GW Cenos floating offshore wind farm to Marine Scotland. The developers have submitted leasing applications for b

about 3 years ago
New partnership targets cutting costs of carbon capture and storage infrastructure
Fossil Energy

New partnership targets cutting costs of carbon capture and storage infrastructure

Technology group ABB and Pace CCS, a UK provider of engineering design to the CCS and blue hydrogen industries, have signed a partnership agreement to deliver a solution that reduces the cost of integrating carbon capture and storage (CCS) into new and existing industrial operations. The two compani

about 3 years ago
Lower Zakum; Source: ADNOC
Fossil Energy

TotalEnergies expands its upstream portfolio in UAE with several offshore fields

TotalEnergies has inked a deal to acquire CEPSA’s upstream assets in the UAE, adding multiple offshore fields to its asset portfolio.

about 3 years ago
Troll A platform in the North Sea; Credit: Harald Pettersen/Equinor
Fossil Energy

With additional stake in five discoveries, Equinor bolsters North Sea position

Equinor has strengthened its position in the northern North Sea by inking an agreement to expand its equity interest in five discoveries on the Norwegian continental shelf (NCS).

about 3 years ago
Illustration; Source: CNOOC
Fossil Energy

Major oilfield discovery off China brings hundred million tons reserves

China’s oil and gas player CNOOC Limited has discovered a new oilfield in the Bohai Sea offshore China, which adds another hundred million tons of reserves.

about 3 years ago
Ocean GreatWhite rig; Source: Diamond Offshore
Fossil Energy

Diamond Offshore positioned to be ‘key beneficiary’ in deepwater offshore drilling upcycle

Diamond Offshore has recorded strong operational performance during the fourth quarter of 2022 and earned a sixth performance bonus in Senegal.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Fossil Energy

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

about 3 years ago
Illustration; Source: DNV
Fossil Energy

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago
Inspirer rig; Source: Repsol Norge
Fossil Energy

Repsol tasked with addressing nonconformities on jack-up rig

Norwegian regulator is awaiting a response from Repsol regarding the way the identified nonconformities on a jack-up rig will be handled.

about 3 years ago
West Linus rig; Source: Seadrill
Fossil Energy

After worker suffers ‘crushing injuries’ during work on jack-up rig, probe reveals nonconformities

Norwegian offshore safety regulator has completed an investigation into an incident involving a personal injury during work on a drag chain on a jack-up rig.

about 3 years ago
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