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Fossil Energy

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Aker BP all set to deploy Maersk rig on North Sea field
Fossil Energy

Aker BP all set to deploy Maersk rig on North Sea field

Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling-owned rigs on a field located in the North Sea.

about 4 years ago
Illustration/Hexicon floating wind technology (Courtesy of Hexicon)
Fossil Energy

In focus: Offshore industry forms decarbonization tie-ups, as need for more renewable energy investments grows

Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally

about 4 years ago
Strohm’s deep-water TCP jumper to be installed on ExxonMobil’s project off Guyana
Fossil Energy

Strohm’s deep-water TCP jumper to be installed on ExxonMobil’s project off Guyana

In a first for the Americas region, Strohm has delivered a deep-water thermoplastic composite pipe (TCP) jumper to ExxonMobil affiliate Esso Exploration & Production Guyana Ltd (EEPGL). According to Strohm, ExxonMobil’s subsidiary plans to install the subsea water alternating gas (WAG) jumper made f

about 4 years ago
Halliburton rig gearing up to kick off Kuwait’s first offshore drilling campaign
Fossil Energy

Rig gearing up to kick off Kuwait’s first offshore drilling campaign

Kuwait Petroleum Corporation (KPC) has revealed that Kuwait will be embarking on its first offshore drilling campaign soon.

about 4 years ago
Lundin rebrands to Orrön Energy as it becomes pure-play renewables business
Fossil Energy

Lundin rebrands as Orrön Energy after ditching E&P business

Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.

about 4 years ago
All systems go for Wintershall Dea to bring North Sea tie-back on stream
Fossil Energy

All systems go for Wintershall Dea to bring North Sea tie-back on stream

Wintershall Dea has secured all approvals from the Norwegian authorities to start production from a field in the North Sea off Norway.

about 4 years ago
Aker BP - Lundin merger to come into force today
Fossil Energy

Aker BP – Lundin merger to come into force today

Aker BP expects the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, to be completed today.

about 4 years ago
Vår Energi enters strategic supplier partnership for upcoming subsea projects
Fossil Energy

Vår Energi enters strategic supplier partnership for upcoming subsea projects

Vår Energi has entered into a strategic partnership agreement with Aker Solutions, Havfram and Saipem for the delivery of subsea production systems for all upcoming subsea projects for the next five years. As disclosed, the partnership covers the fabrication, delivery, and installation of subsea pro

about 4 years ago
Italy’s Saipem bags $1.25 billion for onshore & offshore deals in Middle East
Fossil Energy

Onshore & offshore deals in Middle East bring Saipem $1.25 billion

Saipem has been awarded multiple onshore extensions and new offshore contracts in the Middle East, totalling around $1.25 billion.

about 4 years ago
Shell joining Equinor’s deepwater Gulf of Mexico project as operator
Fossil Energy

Shell joining Equinor’s deepwater Gulf of Mexico project as operator

Equinor has inked a deal to transfer a majority stake and operatorship of its field in the Gulf of Mexico to Shell.

about 4 years ago
Following upgrades, world’s first hybrid-electric anchor handler completes sea trials
Fossil Energy

World’s first hybrid-electric anchor handler completes sea trials

Maersk Supply Service’s AHTS vessel, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials.

about 4 years ago
Faster ramp-up of investments in clean sources needed to tackle double whammy of energy and climate crises
Fossil Energy

Faster ramp-up of investments needed to tackle double whammy of energy and climate crises

While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.

about 4 years ago
CGG wins contract extension with Petrobras
Fossil Energy

Petrobras extends contract for CGG’s dedicated reservoir services center

Oil and gas giant Petrobras has awarded CGG with a four-year contract extension for its dedicated reservoir services center in Rio de Janeiro, Brazil. Under the contract, CGG will continue providing its reservoir characterization workflows, such as geostatistical, 4D and azimuthal inversion, while a

about 4 years ago
Masirah Oil
Fossil Energy

Following production shutdown off Oman, restart anticipated in two weeks

Masirah Oil is putting the wheels into motion to resume production at a field offshore Oman after it was stopped due to oil leakage.

about 4 years ago
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