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Fossil Energy

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UK decom specialist lands 14-well P&A gig with European operator
Fossil Energy

UK decom specialist lands 14-well job with European operator

Well-Safe Solutions has inked a new decommissioning deal on the UK Continental Shelf (UKCS) with an undisclosed European operator.

about 4 years ago
Russian gas flowing to Europe again as Nord Stream 1 restarts
Fossil Energy

Russian gas flowing to Europe again as Nord Stream 1 restarts

The Nord Stream 1 pipeline has resumed gas transmission from Russia to Europe after ten days of being shut down due to annual maintenance works. Both lines of the gas pipeline system were shut down on 11 July for routine maintenance works, including testing of mechanical elements and automation syst

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about 4 years ago
Brage field in the North Sea - Wintershall Dea
Fossil Energy

North Sea well comes up dry for Wintershall Dea

Oil and gas company Wintershall Dea has found no hydrocarbons in the Brage South exploration well located in the North Sea off Norway.

about 4 years ago
Norway’s oil output remains on a downswing
Fossil Energy

Norway’s oil output continues to shrink

While Norway recorded a slight increase in gas production in June 2022, the oil output fell yet again behind the NPD’s predictions.

about 4 years ago
Five-year offshore oil & gas EPC spend to total whopping $276 billion, forecasts Westwood
Fossil Energy

Westwood sees five-year offshore EPC spend reaching whopping $276 billion

The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.

about 4 years ago
Santos to use Valaris MS-1 rig for Barossa campaign
Fossil Energy

Valaris rig getting ready for new Australian campaign

Valaris has prepared one of its semi-submersible drilling rigs for a drilling campaign with Santos in waters offshore Australia.

about 4 years ago
Cerulean reveals 6 GW floating offshore wind bid under INTOG leasing round
Fossil Energy

Cerulean reveals 6 GW floating offshore wind bid under INTOG leasing round

Green energy infrastructure developer Cerulean Winds has revealed it will bid for four seabed lease sites with a combined capacity of 6 GW of floating wind to decarbonise the UK’s oil and gas sector under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. This scale w

about 4 years ago
Gasunie picks N-Sea for BBL pipeline survey
Fossil Energy

Gasunie picks N-Sea for BBL pipeline survey

N-Sea Offshore has won a contract with Gasunie to deliver offshore acoustic survey services for the BBL subsea pipeline between the Netherlands and the UK. N-Sea will carry out an acoustic survey of approximately 230 kilometers of offshore pipeline in the Southern North Sea, between Balgzand in the

about 4 years ago
In focus: Are renewables turning oil & gas plays truly into a thing of the past or are we not there yet?
Fossil Energy

In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, th

about 4 years ago
Borr lines up new assignment for its rig with UAE oil & gas player
Fossil Energy

Borr lines up new rig assignment with UAE player

Borr Drilling has been awarded a deal by Mubadala Petroleum for a jack-up rig, which is expected to carry out ops in Thailand.

about 4 years ago
Operator cheers first gas from wind and solar powered platform in Trinidad and Tobago
Fossil Energy

Operator cheers first gas from wind and solar powered platform off Trinidad

DeNovo Energy has achieved the first gas from a project entailing a renewable energy-powered platform, located offshore western Trinidad.

about 4 years ago
‘Disorderly’ energy transition looms with rising coal demand, high gas prices and stalled renewable plans, says WoodMac
Fossil Energy

‘Disorderly’ energy transition looms with rising coal demand and high gas prices, says WoodMac

WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices.

about 4 years ago
As rig utilisation ramps up in Asia Pacific, stacked jack-ups get reactivated mostly for gigs in Middle East, reveals Westwood
Fossil Energy

Rig utilisation ramps up in Asia Pacific, reveals Westwood

Rig activity in Asia Pacific has been stepped up this year, but most stacked jack-ups are being reactivated for gigs in the Middle East.

about 4 years ago
UK firm collects $128 million in new deals with further headcount increase on the horizon
Fossil Energy

UK firm collects $128 million in new deals with headcount increase on the horizon

EnerMech has secured new contract awards worth over $126 million in Africa, Caspian and the Middle East, spurring further headcount increase.

about 4 years ago