Fossil Energy
In focus: Industries, governments start walking the energy transition walk
The ‘transition’ part of the energy transition is starting to show a more defined shape, and what the world’s path towards being net-zero one day entails, as concrete plans and initiatives increasingly emerge across the energy and transportation sectors. Judging by our headlines this week, in the ye
Baron Oil tightens grip on Chuditch PSC off Timor-Leste
UK-based and AIM-listed oil and gas company Baron Oil has bought the remaining 15 per cent stake in a SundaGas subsidiary and with that increased its interest in the Chuditch discovery and prospects.
Norway: May oil output above NPD predictions
Norway’s oil production in May 2021 was four per cent above predictions made by the Norwegian Petroleum Directorate (NPD).
Romgaz, ExxonMobil sign exclusivity deal for Black Sea block buy
Romanian oil and gas company Romgaz has signed an exclusivity agreement with ExxonMobil’s subsidiary in Romania for the acquisition of a Black Sea offshore block.
TAQA extends North Sea deal with Peterson
International energy logistics provider Peterson has been awarded a contract from oil and gas company TAQA.
Williams and Beacon ink export agreement for Shenandoah
Williams has reached an export agreement with Beacon to provide offshore natural gas gathering and transportation services to Shenandoah.
Chevron, Occidental evacuating Gulf of Mexico staff ahead of storm
U.S. oil companies Chevron and Occidental Petroleum started withdrawing staff and implementing storm precautions at their U.S. Gulf of Mexico offshore facilities ahead of a brewing tropical storm.
PetroRio wraps up Wahoo, Itaipu stakes buy from BP
Brazilian oil and gas company PetroRio has completed the acquisition of interests in two fields offshore Brazil from oil major BP.
Aker BP puts Norwegian Sea project on stream
Aker BP and its partners in Skarv have started production from Gråsel in the Skarv area in the Norwegian Sea, ahead of the schedule.
Circular FPSO in Norway and reuse in UK as Equinor moves ahead with new projects
Norwegian energy major Equinor has made progress with two of its offshore project developments located offshore Norway and the UK.
Suncor restructuring Terra Nova ownership to secure life extension funding
Suncor and its Terra Nova field partners are restructuring the project ownership to provide funding for a life extension project.
Eni in pact with SKK Migas for exploration in Indonesia
Eni has signed a Memorandum of Understanding with SKK Migas for cooperation on exploration activities in Indonesia.
Siem Offshore vessel to support Kinsale P&A campaign
Offshore vessel owner Siem Offshore has been awarded a three-month firm contract for an AHTS with PSE Kinsale Energy.
Shell to bid for two offshore wind areas in Norway
Dutch oil major Shell has partnered with Norwegian hydropower producers BKK and Lyse to apply for licenses in two areas currently offered by Norwegian government for offshore wind development. The consortium is now working to prepare applications for projects in the Utsira Nord area, deemed better s