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Fossil Energy

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Oil & GasSubseaBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersLiquefied Natural GasOperations & MaintenanceRigsAlternative FuelsClean FuelGreen MarineLNGOther FuelsPorts & InfrastructureInfrastructureHuman CapitalOutlook & StrategyEnergy TransitionLow-Carbon TransitionSurveys & InterventionsAuthorities & GovernmentCarbon Capture Usage & StorageCollaborationEnvironmentMarket OutlooksRegulation & PolicyRules & RegulationStorageTransitionVisionPipesVessels
Illustration; Source: SLB
Fossil Energy

Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP

Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.

about 1 year ago
Brunsbüttel LNG terminal; Source: RWE
Fossil Energy

Germany on energy security mission: Worley to breathe life into LNG terminal’s next chapter

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Worley has been tasked with bringing the next phase of a liquefied natural gas (LNG) terminal in Germany to life, thanks to a deal with Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four terminals.

about 1 year ago
An offshore platform
Fossil Energy

UK firm broadens US presence with deepwater assets buy

London-based INEOS Energy has completed the acquisition of the U.S. Gulf business previously held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Corporation (CNOOC) International. According to INEOS Energy, the deal increases its production globally to over 90

about 1 year ago
An offshore platform
Fossil Energy

Petrofac’s year off to a ‘great’ start with $500M worth of contracts in the bag

The Asset Solutions division of the UK-headquartered oilfield services provider Petrofac has won multiple scope expansion and new contracts across several continents.

about 1 year ago
Akcakoca platform; Source: Trillion Energy
Fossil Energy

Gas production boost coming up next on giant Black Sea field’s horizon

Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.

about 1 year ago
COSL Innovator rig; Source: COSL
Fossil Energy

COSL rig spuds last well on its North Sea list with Serica

Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).

about 1 year ago
Galveston LNG Bunker Port inks first bunker supply deal
Fossil Energy

Galveston LNG Bunker Port inks first bunker supply deal

Galveston LNG Bunker Port (GLBP) has executed the first sales and purchase agreement (SPA) for the supply of LNG of its proposed liquefaction project in Texas City Industrial Complex within Galveston Bay.

about 1 year ago
An LNG terminal
Fossil Energy

MET Group appoints new head to oversee LNG growth

Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.

about 1 year ago
Development and operation plan handed in for Northern Lights expansion
Fossil Energy

Development and operation plan handed in for Northern Lights expansion

Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de

about 1 year ago
An offshore rig
Fossil Energy

Island Drilling sheds more light on $330 million Equinor contract win

Norwegian offshore rig operator Island Drilling has expounded on the permanent plug and abandonment (PP&A) assignment on the Norwegian continental shelf (NCS) it recently won with compatriot state-owned giant Equinor.

about 1 year ago
'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years
Fossil Energy

Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago
An offshore rig
Fossil Energy

Duo looking to drill exploration well offshore Bulgaria by year-end

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.

about 1 year ago
A large vessel at sea at sunset
Fossil Energy

Oil production starts at Equinor’s Norwegian field, ushering in ‘new era’ for Barents Sea

Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.

about 1 year ago
PSV BOS Prelude; Credit: Britoil
Fossil Energy

Britoil’s 2010-built vessel bolsters German player’s North Sea energy projects’ supply ops

SeaRenergy has strengthened its offshore supply capabilities in the North Sea, thanks to a long-term charter agreement with Britoil Offshore Services for a 15-year-old platform supply vessel (PSV), which will support the installation and commissioning of converter platforms and be available for any

about 1 year ago