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Fossil Energy

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Fossil Energy

Offshore survey on schedule for UK’s first carbon storage permit

A geophysical offshore survey is scheduled to start next month at the first-ever carbon storage permit in the UK, being developed by a joint venture between BP, Equinor and TotalEnergies. The geophysical offshore survey for the Northern Endurance Project (NEP) is expected to begin on March 4, taking

about 1 year ago

Fossil Energy

Hanwha orders MAN’s dual-fuel engines for LNG carrier duo

Hanwha Ocean has placed an order with German manufacturer MAN Energy Solutions (ES) for four engines to be installed on two liquefied natural gas (LNG) carriers it is building for an undisclosed shipowner.

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about 1 year ago

Fossil Energy

Stimulation ops underway at Canadian firm’s gas field off Türkiye

Canada’s oil and gas player Trillion Energy is pressing on with stimulating natural gas production at a field off the coast of Türkiye following weather-induced delays.

about 1 year ago

Transocean Endurance rig; Source: Songa Offshore/Transocean

Fossil Energy

Transocean rig trio’s ongoing drilling gigs get an encore

Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia.

about 1 year ago

Fossil Energy

Norwegian firm to assess carbon storage potential in Australia’s offshore basin

Norway-based energy data and intelligence company TGS and Australian commercial-scale carbon capture and storage (CCS) project developer and operator deepC Store have joined forces on carbon storage assessment in the Browse Basin offshore Australia. The partners entered into an agreement to carry ou

about 1 year ago

Fossil Energy

Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project

Norwegian clean energy company Horisont Energi has signed the first non-binding term sheet to secure gas supply for its Barents Blue project, a clean ammonia plant located at Markoppnes in Northern Norway.

about 1 year ago

Fossil Energy

FSRU gig at one of Germany’s LNG terminals cut short over pricing issues

Germany’s Deutsche ReGas has pulled the plug on a charter deal for one of two floating storage and regasification units (FSRUs) currently operating at the ‘Deutsche Ostsee’ (German Baltic Sea) energy terminal in Mukran.

about 1 year ago

Fossil Energy

First CO2 injection offshore UK starts paving the way for permanent storage

Perenco UK and Carbon Catalyst Limited have kicked off the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. As part of Project Poseidon, the test includes CO2 being inj

about 1 year ago

Fossil Energy

Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030

Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within the energy and natural resources sectors, has published a report on the potential negative effects the UK’s gas policy discouraging investments in local gas production could have on the environment and supply.

about 1 year ago

SSV Catarina rig; Source: Ventura Offshore

Fossil Energy

Brazil’s offshore drilling firm reaches rig acquisition settlement

Ventura Offshore has struck a deal with Umas 1 as the seller of a semi-submersible rig the firm decided to acquire last year. This enables the Brazilian player to make a lump sum payment as a final settlement.

about 1 year ago

Fossil Energy

Four giant oil & gas projects line up for start-up in 2025 offshore Norway with more on the cards

Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s production to exceed 400,000 barrels of oil equivalent per day (kboepd).

about 1 year ago

Fossil Energy

SwitcH2 nearing final design of floating ammonia project with new investor onboard

Renewable energy company SwitcH2 has welcomed a new shareholder on track to finalize the design of its 300 MW offshore floating ammonia project.

about 1 year ago

Medway Hub CCS project; Source: Synergia Energy

Fossil Energy

UK firm on the lookout for new partner in North Sea CCS project

As Harbour Energy plans to head for the exit, the AIM-listed Synergia Energy is going on the hunt for another partner that will join its carbon capture and storage (CCS) project in the UK sector of the North Sea.

about 1 year ago

Fossil Energy

Transocean rig gearing up to spud Barents Sea wildcat in April

Equinor has secured a drilling permit with Norway’s authorities to drill an exploration well in the Barents Sea with one of Transocean’s semi-submersible rigs.

about 1 year ago