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Fossil Energy

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FPSO & VesselsOil & GasSubseaVessels & VehiclesBusiness & FinanceBusiness Developments & ProjectsOutlook & StrategyProject & TendersVesselsExploration & ProductionGreen MarineCarbon Capture Usage & StorageCollaborationPorts & LogisticsRigsLow-Carbon TransitionInnovationTechnologyTransitionLiquefied Natural GasEquipmentDecommissioningAuthorities & GovernmentEnvironmentRegulation & Policy
1999-built Solstad vessel nets contract with Petrobras
Fossil Energy

Solstad vessel built in 1999 nets contract with Petrobras

Norwegian shipping company Solstad Offshore has secured a contract with Brazilian oil & gas player Petrobras for a construction support vessel (CSV) built in 1999. The CSV Normand Pioneer will be on a bareboat contract from the vessel owner Solstad Maritime ASA (SOMA) to Solstad Offshore, which is t

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Fossil Energy

No oil for Equinor in North Sea wildcat

Norwegian state-owned energy giant Equinor has encountered a dry well at its prospect in the North Sea offshore Norway.

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about 1 year ago
Brevik becomes home to new onboard carbon capture project
Fossil Energy

Brevik becomes home to new onboard carbon capture project

Seabound, a UK-based marine carbon capture player, has launched what it claims to be a “first-of-its-kind” onboard carbon capture project together with the Hartmann Group, ship management company InterMaritime Group and Heidelberg Materials Northern Europe. As disclosed, the carbon capture system (C

about 1 year ago
A large vessel at sea
Fossil Energy

ADNOC handing over stake in OMV to affiliate

Abu Dhabi National Oil Company (ADNOC) intends to transfer its stake in Austria’s oil and gas player OMV to XRG, its wholly-owned international investment company.

about 1 year ago
Deepsea Bollsta; Source: Odfjell Drilling
Fossil Energy

OMV’s Norwegian wildcat ends up being dry

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has drilled a dry well off the coast of Norway, using a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago
FPSO; Source: MODEC
Fossil Energy

MODEC gives FPSO decarbonization a leg up with solid oxide fuel cell tech

As part of its toolbox of initiatives aimed at curbing the carbon footprint from its floating production, storage, and offloading (FPSO) fleet, Japan’s MODEC has tasked Eld Energy, a Norwegian fuel cell system company, with the design and manufacture scope of work for a solid oxide fuel cell (SOFC)

about 1 year ago
Heidrun field on Haltenbanken in the Norwegian Sea; Source: Harald Pettersen/Equinor
Fossil Energy

Equinor knocks on TechnipFMC’s door for North Sea asset extension

Norwegian state-owned energy giant Equinor has selected the UK-headquartered energy technology provider TechnipFMC for work on its project in the Norwegian North Sea.

about 1 year ago
Fluxys' Zeebrugge LNG terminal; Source: Sacyr Proyecta
Fossil Energy

Spanish player picks up work on European LNG terminal as pursuit of net-zero ops intensifies

Belgian energy infrastructure company Fluxys has hired Madrid-headquartered Sacyr Proyecta to take care of front-end engineering design (FEED) services related to the development of a CO2 emissions reduction project at its liquified natural gas (LNG) terminal in Zeebrugge, Belgium.

about 1 year ago
Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Fossil Energy

BP entrusts KBR-SOCAR JV with terminal electrification and giant gas field’s next phase

KBR, a U.S.-headquartered science, technology, and engineering player, has won new assignments in Azerbaijan with the UK-headquartered BP, thanks to its joint venture with SOCAR, known as SOCAR-KBR, which will undertake detailed engineering design solutions and procurement services for two projects

about 1 year ago
Two men shaking hands
Fossil Energy

Naftogaz teams up with Baker Hughes to modernize Ukrainian energy sector

Ukraine’s state-owned energy company Naftogaz has signed a memorandum of understanding (MoU) with U.S.-headquartered energy technology giant Baker Hughes to explore opportunities for fortifying the energy sector in Ukraine.

about 1 year ago
Vallourec's orders surge with ADNOC, CNOOC and PetroChina deals
Fossil Energy

Vallourec’s orders surge with ADNOC, CNOOC and PetroChina deals

French provider of tubular solutions Vallourec has secured a number of new contracts under which it is set to deliver oil country tubular goods (OCTG) to the UAE’s Abu Dhabi National Oil Company (ADNOC), as well as CNOOC and PetroChina in Iraq. ADNOC has placed an order described as significant for

about 1 year ago
Skandi Tender vessel at sea
Fossil Energy

AHTS vessel pair leaving DOF’s fleet

The Danish subsidiary of Norway’s vessel owner DOF Group has inked deals with an undisclosed international buyer to sell two vessels from its fleet.

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Fossil Energy

Delay-induced clouds over UK’s oil & gas decom realm warn of billions in extra costs and fines

With the backlog of wells due for decommissioning on the rise, the UK’s regulator, the North Sea Transition Authority (NSTA), has issued a stark warning to operators on the UK Continental Shelf (UKCS), urging them to take steps to decommission permanently inactive wells now to stave off a future sce

about 1 year ago
ADNOC Gas' Das Island LNG facility; Source: HS Switchgear FZCO
Fossil Energy

Germany’s SEFE and UAE’s ADNOC Gas strengthen energy ties with LNG deal

Germany’s Securing Energy for Europe (SEFE) has expanded its liquefied natural gas (LNG) arsenal through a multi-year LNG supply agreement with ADNOC Gas, a subsidiary of the UAE-headquartered ADNOC, bolstering Europe’s energy security.

about 1 year ago