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Fossil Energy

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Oil & GasRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionFPSO & VesselsSubseaSurveys & InterventionsVessels & VehiclesOutlook & StrategyProject & TendersVesselsProduction & ProcessingCollaborationEquipmentAuthorities & GovernmentCarbon Capture Usage & StorageOperations & MaintenanceRegulation & PolicyVisionLiquefied Natural GasPipesInfrastructureMarket OutlooksRules & RegulationTransition
Scarabeo 8 rig; Source: Saipem
Fossil Energy

New oil discovery springs up in Norwegian waters

Aker BP has made a new oil discovery in the Norwegian Sea, off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
DOF's four new contracts with Petrobras worth around $480 million
Fossil Energy

DOF’s four new contracts with Petrobras worth around $480 million

Norwegian vessel owner DOF Group has secured four long-term contracts with Brazil’s state-owned energy giant Petrobras that are together worth approximately $480 million. Skandi Iguaçu, which DOF describes as one of the biggest anchor handling tug and supply (AHTS) vessels ever built in Brazil with

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about 1 year ago
New framework agreement with ConocoPhillips takes Subsea7 to Norway
Fossil Energy

New framework agreement with ConocoPhillips takes Subsea7 to Norway

Subsea7 has secured a contract with U.S. energy giant ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project in Norwegian waters. The Previously Produced Fields (PPF) are located in the Greater Ekofisk Area, approximately 290 k

about 1 year ago
An offshore platform
Fossil Energy

Petrovietnam and Gazprom outline drilling plans to boost gas production off Vietnam

The Vietnam National Industry – Energy Group (Petrovietnam) has held a meeting with Russia’s energy giant Gazprom to discuss energy cooperation between the two countries.

about 1 year ago
ADNOC secures exclusive rights for 'critical tech' for oil & gas well completions
Fossil Energy

ADNOC secures exclusive rights to ‘critical tech for completing oil & gas wells’

UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a strategic agreement with Tubacex through which it has secured exclusive rights to use the Spanish company’s tubular joint connection technology, seen as “critical for completing oil & gas wells”. The companies have signed a strategic agreemen

about 1 year ago
Abdülhamid Han drillship; Source: President Recep Tayyip Erdoğan
Fossil Energy

Türkiye’s drillship makes ‘large’ gas find in Black Sea

As part of Türkiye’s mission to cut its reliance on foreign natural gas and diversify its sources of supply, the country is conducting oil and gas exploration activities. One of the drillships tasked with searching for hydrocarbon reserves has made a new natural gas discovery in the Black Sea.

about 1 year ago
Depsea Yantai rig; Source: Odfjell Drilling
Fossil Energy

Norwegian Sea wildcat on Odfjell Drilling-managed rig’s agenda

Norwegian authorities have handed out a drilling permit for an exploration well in the Norwegian Sea, which is expected to be drilled this month using one of Odfjell Drilling-managed semi-submersible rigs.

about 1 year ago
Vessel illustration
Fossil Energy

DOF’s new offshore support vessel starts taking shape in Poland

Poland’s CRIST has held the keel laying ceremony for an offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group.

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

NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage

The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,

about 1 year ago
An offshore platform with a vessel next to it
Fossil Energy

10 companies shortlisted to vie for Denmark’s C02 storage funding

The Danish Energy Agency has prequalified ten companies eligible to submit proposals for funding available under its carbon capture and storage (CCS) initiative aimed at helping the country reach its climate goals.

about 1 year ago
FSRU Alexandroupolis; Source: Gastrade
Fossil Energy

Greece’s FSRU going back to regasification work in August

A floating storage and regasification unit (FSRU) is months away from returning to regasification duty.

about 1 year ago
Swiss set up firm with Timor-Leste to develop 250-kilometer natural gas pipeline
Fossil Energy

Swiss set up firm with Timor-Leste govt to develop 250-kilometer natural gas pipeline

Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra

about 1 year ago
Appraisal well was drilled by COSL Prospector rig; Source: COSL
Fossil Energy

All systems go for Equinor’s drilling ops with COSL rig next month

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

about 1 year ago
An LNG terminal on an island
Fossil Energy

Greek LNG terminal upgrade targets emissions-free ops

Greece’s gas grid operator DESFA has updated the liquefied natural gas (LNG) terminal it operates in the country to boost its sustainability.

about 1 year ago