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Fossil Energy

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Energy TransitionFPSO & VesselsGreen MarineShipbuildingBusiness Developments & ProjectsCarbon Capture Usage & StorageCollaborationInfrastructureOutlook & StrategyResearch & DevelopmentTechnologyVesselsLiquefied Natural GasLNGCertification & ClassificationEnvironmentRegulation & PolicySafetyOil & GasBusiness & FinanceExploration & ProductionSubseaTransitionLow-Carbon TransitionAuthorities & GovernmentRules & RegulationRigsInnovationIT & SoftwareProject & TendersProduction & Processing
K Line and Yinson Production set sights on LCO2 shipping and injection solutions
Fossil Energy

K Line and Yinson Production set sights on LCO2 shipping and injection solutions

K Line Energy Shipping, a London-based unit of Kawasaki Kisen Kaisha (K Line), has joined forces with Yinson Production, an owner and operator of floating production, storage and offloading (FPSO) vessels, to develop and market liquefied CO2 (LCO2) carrier and injection solutions.

about 1 year ago
COSCO
Fossil Energy

COSCO’s FLNG liquefaction and storage unit wins DNV nod of approval

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China’s COSCO Shipping (Qidong) Offshore and COSCO (Nantong) Shipyard have secured a green light from Norway’s classification society DNV via two certifications for their floating liquefied natural gas (FLNG) liquefaction and storage unit. According to DNV’s social media post, the two arms of the Ch

about 1 year ago
Courtesy of DNO
Fossil Energy

Fourfold production uptick for DNO’s North Sea oil & gas business after Sval buy

Norwegian oil and gas operator DNO has brought Sval Energi, a compatriot company, into its fold, enlarging its North Sea portfolio and quadrupling its oil and gas production levels.

about 1 year ago
Two people inside an aluminum tank
Fossil Energy

GTT and HHI join forces to elevate LNG carrier tank design

South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) has signed two deals with French technological containment specialist Gaztransport & Technigaz (GTT) aimed at upgrading the design of liquefied natural gas (LNG) carriers.

about 1 year ago
DNV
Fossil Energy

Quadruple or quicksand? DNV report flags CCS at ‘critical’ juncture

The carbon capture and storage (CCS) sector is approaching a ‘decisive’ turning point, with global capacity on track to grow fourfold by 2030, Norway’s classification society DNV has highlighted in a new report. Up to the end of the decade, DNV has shared in its “Energy Transition Outlook: CCS to 20

about 1 year ago
Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate
Fossil Energy

New North Sea CO2 storage exploration permit has Equinor’s name on it

Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).

about 1 year ago
FSRU Independence in Klaipėda; Source: Höegh Evi, former Höegh LNG
Fossil Energy

Baltic CO2 storage project gets EU funding

The European Commission has signed a grant agreement with Lithuanian liquefied natural gas (LNG) terminal operator KN Energies (KN) for technical and commercial studies for a planned CO2 terminal in Klaipėda, Lithuania.

about 1 year ago
Viking CCS project; Source: Harbour Energy
Fossil Energy

UK throws support behind carbon capture and storage pair set to unlock $34 billion by 2035

Offshore Energies UK (OEUK), has deemed the UK’s backing of carbon capture, usage, and storage (CCUS) projects as an important step for the domestic offshore energy industry, as the country works to bankroll its transition from oil and gas to low-carbon technology.

about 1 year ago
COSL Prospector rig; Credit: COSL Drilling Europe
Fossil Energy

COSL rig set to spin the drill bit in Norwegian waters next month

Equinor has secured a drilling permit for an exploration well in the Barents Sea, which will be drilled next month with COSL Drilling Europe’s semi-submersible rig.

about 1 year ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies pins its multi-energy advancement hopes on AI while setting up new lab

TotalEnergies has pinpointed the acceleration of artificial intelligence (AI) as a roadmap paving the way toward the realization of its multi-energy strategy, primarily in low-carbon energies, which are expected to be among the key beneficiaries of its partnership with a compatriot generative AI pla

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

German firm pens 10-year gas deal with Azerbaijan’s SOCAR

Germany’s Securing Energy for Europe (SEFE) has secured a multi-year import of natural gas by inking an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR), fortifying Europe’s energy security.

about 1 year ago
Oseberg East field; Source: Øyvind Hagen/Equinor
Fossil Energy

Baker Hughes picks up P&A gig at North Sea oil field

Baker Hughes has landed a new assignment with Norway’s state-owned energy giant Equinor to handle plug and abandonment (P&A) operations at a North Sea field on the Norwegian Continental Shelf (NCS) and provide project management services on behalf of the operator.

about 1 year ago
Two vessels side by side at sea
Fossil Energy

More capacity slots up for grabs at Italy’s regasification terminal

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, intends to hold capacity allocation auctions without expressions of interest for regasification capacity at its floating storage and regasification unit (FSRU) moored off

about 1 year ago
Illustration: Odfjell Technology
Fossil Energy

UK-US partnership sets its cap on enhancing oilfield market offerings

Odfjell Technology (OLT) and Oilfield Service Professionals (OSP) have forged a bond to advance operational performance, efficiency, and innovation across international oilfield markets.

about 1 year ago