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Fossil Energy

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FSRU LNG Croatia
Fossil Energy

Croatia’s FSRU heads to Türkiye for regasification capacity upgrade

The floating storage regasification unit (FSRU) serving Croatia’s liquefied natural gas (LNG) terminal at the island of Krk has left for Türkiye, where its capacity is set to get a boost thanks to the installation of an additional component.

about 1 year ago
Illustration; Source: Rystad Energy
Fossil Energy

Potential imbalance in oil demand and supply on the cards

With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost,

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about 1 year ago
Courtesy of VTTI
Fossil Energy

Netherlands raises its energy security bar with permitting milestone for new LNG terminal

VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new

about 1 year ago
Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract
Fossil Energy

Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract

Following the contract for inspection, repair and maintenance (IRM) services announced at the end of 2024, Subsea7 has now been selected to deliver subsea umbilicals, risers and flowlines (SURF) for Türkiye’s largest natural gas field. The SURF engineering, procurement, construction and installation

about 1 year ago
Gjøa platform
Fossil Energy

OKEA getting stake in Aker BP-operated North Sea license

Norway’s oil and gas company OKEA has reached an agreement with the Norwegian subsidiary of London-listed Harbour Energy to farm into the interest the latter holds in a license offshore Norway.

about 1 year ago
Borr Drilling’s Prospector 1 rig; Source: Neptune Energy
Fossil Energy

Borr Drilling’s hat trick: North Sea duo for one jack-up and West African job for another rig

Borr Drilling, an offshore drilling player, has secured three multimillion-dollar deals for two jack-up rigs in Europe and West Africa.

about 1 year ago
JDR cables to electrify Eni’s UK carbon capture and storage project
Fossil Energy

JDR cables to electrify Eni’s UK carbon capture and storage project

UK-based manufacturer of subsea and power cables JDR Cable Systems, part of TFKable Group, is set to supply subsea power cables for a carbon capture and storage (CCS) project offshore the UK being developed by Italian energy major Eni. JDR will deliver around 100 kilometers of 33 kV subsea cables fo

about 1 year ago
'Proud moment' for Reach Subsea as its USV travels to Australia
Fossil Energy

‘Proud moment’ for Reach Subsea as its USV travels to Australia

Norway’s Reach Subsea has sent off its uncrewed surface vessel (USV) on a trip to Australia where it will provide reservoir monitoring for Australia’s energy giant Woodside Energy. The Reach Remote 2 USV, which Reach Subsea took delivery of in June, is currently travelling to Australia to perform re

about 1 year ago
Shearwater to spend two months in Angola working for ExxonMobil
Fossil Energy

Shearwater to spend two months in Angola working for ExxonMobil

Norway’s Shearwater GeoServices has secured another contract in Africa, this time for a deepwater ocean bottom node (OBN) seismic survey it will perform for ExxonMobil in Angola. The two-month project, secured with ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited, will begin during th

about 1 year ago
FPSO Jotun; Source: Vår Energi
Fossil Energy

Refurbished FPSO helps Vår Energi reach production milestone early

Norwegian upstream oil and gas player Vår Energi has achieved what it says is a significant milestone by recording a level of production sooner than planned.

about 1 year ago
A large vessel at sea
Fossil Energy

Efforts ongoing to unlock West of Shetland trio’s hydrocarbon arsenal

Ithaca Energy, a North Sea oil and gas operator and producer, has reported significant progress toward unlocking long-term value creation in the West of Shetland area through targeted value-led investment into three oil and gas projects being developed on the UK Continental Shelf (UKCS).

about 1 year ago
Equinor places order for all-electric subsea production system with OneSubsea
Fossil Energy

Equinor places order for all-electric subsea production system with OneSubsea

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract by Norwegian state-owned energy company Equinor to deliver an all-electric subsea production system (SPS) for the Fram Sør field offshore Norway. The award fo

about 1 year ago
Brage platform; Source: OKEA
Fossil Energy

OKEA strikes oil at North Sea license

Norway’s oil and gas company OKEA has made oil discoveries at a production license it operates in the North Sea.

about 1 year ago
World-first third party CO2 storage facility begins operating with first injection completed
Fossil Energy

World’s first third-party CO2 storage facility begins operating as first injection takes place

Joint venture partners Equinor, Shell and TotalEnergies have injected and stored the first CO2 volumes at the Northern Lights CO2 project in the Norwegian North Sea, marking the start of operations of what is said to be the world’s first third-party CO2 transport and storage facility. The first CO2

about 1 year ago