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Fossil Energy

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ORLEN and Equinor to jointly explore carbon capture and storage opportunities
Fossil Energy

ORLEN and Equinor to jointly explore carbon capture and storage opportunities

Polish multi-utility company ORLEN and Norwegian state-owned energy company Equinor have signed a collaboration agreement to explore opportunities for carbon capture and storage (CCS) technology in Poland. The scope of the agreement covers the transport and storage of CO2 in Poland, with the partner

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Fossil Energy

Odfjell Drilling rig finds more gas/condensate offshore Norway

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Equinor has made a new hydrocarbon discovery off the coast of Norway, using a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago
Large vessel at dock
Fossil Energy

Snam closing in on LNG terminal’s startup as FSRU is moored in Ravenna

Italian energy player Snam has completed the mooring of a floating storage regasification unit (FSRU) at its liquefied natural gas (LNG) terminal off the coast of Northern Italy.

about 1 year ago
Repair costs for damaged Finland-Estonia subsea link to be sought via court
Fossil Energy

Shipowner to be taken to court over damage of Finland-Estonia subsea link

Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the request to seize the ship that broke the EstLink 2 power connection in December 2024 for compensation for damages, and plan to sue the shipowner for compensation for repair costs. To remind, Fi

about 1 year ago
FPSO Western Isles; Source: NEO Energy
Fossil Energy

UK partners on the lookout for fiscal and regulatory clarity before speeding up North Sea oil project

NEO Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are still waiting for the fiscal and regulatory uncertainty surrounding the UK’s oil and gas scene to clear up, once the government wraps up its environmental guidance revamp for oil and gas projects, to move full steam ahead wit

about 1 year ago
Tyra II; Source: TotalEnergies
Fossil Energy

TotalEnergies winding down commissioning ops at giant North Sea gas project

TotalEnergies has made progress in unlocking the full commissioning capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Offshore platforms at sunset
Fossil Energy

US renews Serica’s North Sea field sanction exemption

UK-based upstream oil and gas player Serica Energy has secured an extension of a sanction waiver from the United States Office of Foreign Assets Control (OFAC) for its field in the UK sector of the North Sea.

about 1 year ago
ABL settles in Namibia to support local oil & gas and energy transition
Fossil Energy

ABL settles in Namibia to support local oil & gas and energy transition

Energy and marine consultancy ABL has expanded its operations to Namibia with the aim of supporting the local oil & gas market, as well as the country’s energy transition. The new entity will provide the company’s full technical service offering in energy and marine consulting, with a focus on marin

about 1 year ago
Expro comes onboard first Dutch offshore CCS project
Fossil Energy

Expro comes onboard first Dutch offshore CCS project

U.S.-headquartered energy services provider Expro has won a contract to supply tubular running services (TRS) for the first offshore carbon capture and storage (CCS) project in the Netherlands. The contract covers the recompletion and conversion of legacy offshore gas production wells into CO2 injec

about 1 year ago
An offshore rig
Fossil Energy

Three for three for Vår Energi as it finds more oil in Barents Sea

Norway’s oil and gas player Vår Energi has made an oil discovery in an exploration well near a field it operates in the Barents Sea.

about 1 year ago
A large vessel at sea
Fossil Energy

MODEC teams up with Samsung to equip FPSO with ‘groundbreaking’ carbon capture tech

Japanese giant MODEC has entered into a front-end engineering and design (FEED) contract with engineering company SAMSUNG E&A for a pilot project to install a modular carbon capture technology developed by U.K.’s Carbon Clean on MODEC’s floating, production, storage, and offloading (FPSO) unit.

about 1 year ago
$21 million in contracts comes to Norwegian vessel operator with 'Tier 1 international majors'
Fossil Energy

$21 million in contracts comes to Norwegian shipowner with ‘Tier 1 international majors’

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured work for its vessels that has a gross contract value of $21 million for the firm period, with an additional $27.7 million for the option period. GEOS has concluded a contract on the multi-purpose support vessel (M

about 1 year ago
Clean Industrial Deal
Fossil Energy

All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector

The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonization into ‘a driver of growth‘ for European industries by supporting renewable energy sources. Specifically, the plan aims to lower energy prices, create ‘quality

about 1 year ago
A man climbing down a ladder on an offshore platform
Fossil Energy

BP pivoting back to oil & gas and cutting transition spending by $5B in reset strategy

U.K.-headquartered energy giant BP has introduced what it calls a “fundamentally reset” strategy focusing on more investments in the oil and gas sector and limiting those related to energy transition.

about 1 year ago