Fossil Energy

Equinor set for third capacity increase at Johan Sverdrup
Norwegian oil and gas company Equinor is expecting a third capacity increase at its operated Johan Sverdrup field offshore Norway.

Piriou delivers FPSV to Jana Marine
French shipbuilder Piriou has a fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi Arabian provider of marine services to the offshore oil and gas industry.

Odfjell to retrofit rigs with Siemens system in push to cut emissions
Odfjell Drilling will retrofit its newest drilling rigs with the Siemens Energy BlueDrive DC-Grid system in a push towards zero-emission drilling.

Aker BP cleared to use Maersk rig on Tambar
Aker BP has received consent from the country’s offshore safety regulator to use the Maersk Integrator rig for production drilling on the Tambar field.

Inpex sets net-zero emission target for 2050
Japan’s biggest oil and gas producer Inpex has revealed its strategy to become a net-zero company by 2050 through the expansion of renewable and hydrogen energy as well as the use of carbon capture technology.

Enauta forced to stop Atlanta output again only day after restart
Enauta, formerly known as QGEP, has once again been forced to stop production from the only producing well on the Atlanta offshore field.

Croatian oil & gas company eyeing offshore wind in the Adriatic Sea
Croatian oil and gas company INA-INDUSTRIJA NAFTE, d.d. (INA) plans to diversify into renewable energy and is specifically considering offshore wind and solar energy developments in the country. At an energy conference held on 26 January, INA’s Director of Strategic Operations and Public Affairs, Hr

Chrysaor sets the wheels in motion for North Sea well spud
Oil and gas company Chrysaor has started preparations to drill an exploration well in the North Sea, using the COSLInnovator rig.

Equinor selects new class of startups to shape the future of energy
Equinor has selected a new class of startups to work on unlocking opportunities within oil and gas, renewables, and low-carbon solutions.

Petrobras sees oil reserves drop in 2020
Brazilian oil major Petrobras has noted a small decrease in its proved reserves of oil, condensate, and natural gas for 2020 when compared to figures from the year before.

Vantage rig completes maintenance ahead of Eni gig
MMH Malta, a port facility and provider of services for offshore drilling rigs, has completed a maintenance program on a Vantage Drilling-owned jack-up rig.

DNV GL combines Oil & Gas, Power & Renewables to create Energy Systems
Assurance and risk management company DNV GL has decided to combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.

After devastating 2020, Rystad expects bankruptcy numbers to normalize in 2021
After the costliest Chapter 11 year in history, 2021 bankruptcy numbers will normalize if WTI keeps up, an analysis by Rystad Energy has shown.

Beach Energy ditches New Zealand well plans
Beach Energy and its partners in the Wherry prospect, offshore New Zealand, have decided to abandon the project as it no longer meets the risk profile.