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Fossil Energy

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Fossil Energy

Dutch terminal’s open season checking the pulse of LNG import demand after 2027

EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.

about 1 year ago

Fossil Energy

Diversified offshore oil & gas services provider to arise with new merger

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Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will

about 1 year ago

Fossil Energy

Vår Energi approved to conduct more North Sea drilling

The Norwegian Offshore Directorate (NOD) has granted a drilling permit to Norwegian oil & gas player Vår Energi for another wildcat well in the North Sea. The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds a 50% operating stake, with partners Petoro and Aker BP

about 1 year ago

Fossil Energy

SBM Offshore and MISC wrap up FPSO stake swap

The Netherlands’ SBM Offshore has completed the exchange of interests in two FPSO vessels with Malaysia’s MISC Berhad (MISC).

about 1 year ago

NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight

Fossil Energy

With 1,500 wells due for decommissioning by 2030, NSTA calls for new P&A tech trials

Since around 1,500 wells will be due for decommissioning in the UKCS between 2026 and 2030, the UK regulator North Sea Transition Authority (NSTA) said that this represents an opportunity for operators to test and adopt new well plugging and abandonment (P&A) technologies to cut costs and improve ef

about 1 year ago

Fossil Energy

Norwegian firm picked to operate offshore flights for Equinor

Norwegian state-owned energy giant Equinor has awarded compatriot Lufttransport RW the operation of five new helicopters which will be used to transport passengers to offshore assets on the Norwegian Continental Shelf (NCS).

about 1 year ago

A man sitting behind a desk looking at an illustration of a vessel on two computer screens

Fossil Energy

Digital twin tech helping BP optimize offshore operations across three continents

UK-headquartered energy giant BP has signed a new contract with digital twin software provider Aize enabling the latter to provide visualization services for various offshore assets operated by the UK firm.

about 1 year ago

Fossil Energy

Saipem drillship arrives in Egypt to work on Eni’s giant gas field

Italy’s energy major Eni is getting ready to resume drilling activities at a field offshore Egypt after welcoming a drillship from the fleet of its compatriot engineering, drilling, and construction services giant Saipem. According to Egypt’s Ministry of Petroleum and Mineral Resources, the Saipem 1

about 1 year ago

Fossil Energy

Powered wired drill pipe to boost sustainability in Vår Energi’s offshore ops

Norway-headquartered well construction and well intervention solutions provider Reelwell has secured a contract with compatriot oil and gas player Vår Energi for the delivery of its powered wired drill pipe, with Odfjell Technology acting as its strategic partner. The contract will see the DualLink

about 1 year ago

Fossil Energy

As Dolphin Drilling’s CEO steps down, interim one takes his place

Norway-headquartered offshore drilling contractor Dolphin Drilling has appointed an interim Chief Executive Officer (CEO) after the resignation of its previous leader.

about 1 year ago

Fossil Energy

Odfjell Drilling rig secures more time with Equinor

Norwegian state-owned energy giant Equinor has extended the contract of one of the rigs from compatriot Odfjell Drilling’s fleet.

about 1 year ago

The image shows the project design consisting of an offloading system with a pipeline connected to the Nini A platform. The image is from the environmental impact report. Copyright: INEOS E&P.

Fossil Energy

Public consultation opens for Denmark’s offshore CO2 storage project

The Danish Energy Agency has initiated a public consultation process for the environmental impact report related to the Greensand Future CO2 storage project in the North Sea. The report, prepared by Rambøll on behalf of INEOS E&P, supports the application for Denmark’s first CO2 storage initiative u

about 1 year ago

Fossil Energy

Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline

The Danish Energy Agency has granted permission to Nord Stream 2 AG to preserve the Nord Stream 2 pipeline in the Baltic Sea that suffered damage in September 2022 following an explosion. The Nord Stream 1 and Nord Stream 2 pipelines run from Vyborg, Russia, to Lubmin near Greifswald, Germany, and c

about 1 year ago

Fossil Energy

Stolt-Nielsen strengthens foothold in LNG bunkering market after Avenir LNG takeover

Stolt-Nielsen, a Norway-based company specializing in chemical and bulk liquid transportation and storage, has entered into a share purchase agreement to acquire all the shares of the UK-based midstream LNG & BioLNG company Avenir LNG. As disclosed, the transaction is set to be finalized during the

about 1 year ago