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Fossil Energy

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Illustration; Credit: Morten Berentsen/NOD
Fossil Energy

‘Larger’ slice for oil & gas exploration on Norway’s new offshore licensing menu

Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and gas exploration activity, covering the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and the Barents Sea.

about 1 year ago
A large vessel at sea
Fossil Energy

LNG newbuild duo finds multi-year gigs as long-term contracts gain momentum

U.S.-listed shipowner Capital Clean Energy Carriers (CCEC) has secured employment for two liquefied natural gas (LNG) carriers under construction at Hyundai Samho. The company has also provided an update on the LNG market status in Q1 2025.

about 1 year ago
Deepsea Bollsta rig; Source: Northern Ocean
Fossil Energy

Odfjell Drilling-managed rig to spud wildcat pair offshore Norway

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has received a drilling permit from the country’s authorities for a wildcat well duo in the Norwegian Sea, enabling it to undertake drilling activities this month with a semi-submersible rig managed by Odfjell Drillin

about 1 year ago
Noble Interceptor rig; Source: Noble Corporation
Fossil Energy

Noble tucks CCS rig tech milestone under its belt

U.S.-headquartered offshore drilling giant Noble Corporation has confirmed the receipt of a certificate related to carbon capture and storage (CCS) rig technology from DNV, an energy expert and assurance provider.

about 1 year ago
An offshore rig
Fossil Energy

Moldova inks ‘historic’ Black Sea gas deal to bolster energy security

Moldova’s state-owned energy company Energocom has signed what it says is its first long-term gas purchase contract with Southeastern Europe’s integrated energy player OMV Petrom.

about 1 year ago
Two men on an offshore platform
Fossil Energy

Safety tech provider lands long-term deal with ‘major’ North Sea oil & gas player

Safety technology provider Dräger Marine & Offshore (DMO) has secured a long-term deal for a North Sea oil and gas operator to continue to use its portable gas detection and breathing apparatus systems.

about 1 year ago
USV Challenger; Courtesy of DeepOcean's USV JV
Fossil Energy

DeepOcean, Solstad and Østensjø Rederi bid welcome to new uncrewed vessel for subsea realm

USV, a joint venture company established by Solstad Offshore, Østensjø Rederi, and DeepOcean, has enriched its fleet with a newbuild uncrewed surface vessel (USV), envisioned for subsea survey, inspection, maintenance, and repair (IMR) work across offshore energy industries.

about 1 year ago
Port of Gdańsk; Source: Gaz-System
Fossil Energy

Appeal fails to topple Polish-Turkish consortium as FSRU contractor

With the appeal procedure now out of the way, Poland’s gas transmission system operator Gaz-System has confirmed that the previously chosen general contractor remains the right pick for the job of bringing to life the offshore section of the country’s floating storage and regasification unit (FSRU),

about 1 year ago
LNG carrier
Fossil Energy

LNG shipping platform finds new owner

Global alternative asset manager Apollo has signed a deal with HitecVision, an investor in the European energy industry, to acquire the maritime liquefied natural gas carrier (LNGC) infrastructure platform Hav Energy LNG through its managed Apollo Funds.

about 1 year ago
Equipment arriving for onward delivery to Rosebank; Credit: Alexander Simpson/Lerwick Port Authority
Fossil Energy

Activity heats up at Britain’s port in support of giant oil & gas development project

Lerwick Harbour, situated at the crossroads of the North Sea and Northeast Atlantic, has confirmed an uptick in preparations for servicing Equinor’s first development phase of a controversial oil and gas field on the UK Continental Shelf (UKCS).

about 1 year ago
LNG carrier at sea
Fossil Energy

Ocean Yield upping stake in French LNG shipping firm

Norwegian shipowner Ocean Yield has inked a deal to purchase the share that the Luxembourg-based Access Capital Partners holds in France’s Geogas LNG.

about 1 year ago
Paul B. Loyd Jr. rig; Source: Dolphin Drilling
Fossil Energy

Dolphin Drilling’s 1990-built rig moves to P&A ops in North Sea

Dolphin Drilling has confirmed that its 35-year-old semi-submersible rig is now focused on its plug and abandonment (P&A) mission in the UK sector of the North Sea.

about 1 year ago
An offshore platform
Fossil Energy

Wood scores North Sea extension trifecta worth $118 million

The UK-based engineering and consulting company Wood has secured three reimbursable contract extensions, allowing it to continue working with Shell UK, Dana Petroleum, and CNOOC International in the North Sea.

about 1 year ago
Northern Lights; Source: Northern Lights JV
Fossil Energy

Aker Solutions turns to Norwegian firm for personnel on Northern Lights expansion project

Aker Solutions has hired Multiconsult Norge to supply qualified personnel on a hire-in basis to work as an integral part of its project team, representing the civil disciplines, for the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project.

about 1 year ago
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