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Fossil Energy

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An offshore platform
Fossil Energy

TotalEnergies’ North Sea project ramp-up faces another delay

TotalEnergies EP Danmark, a subsidiary of France’s energy giant TotalEnergies, has pushed back the date for reaching plateau production at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Norwegian cleantech services firm gets to work on Romania’s first deepwater project
Fossil Energy

Norwegian cleantech services firm gets to work on giant Black Sea gas project

Norway-based cleantech service provider Soiltech has secured a contract with Southeastern Europe’s integrated energy player OMV Petrom to deliver cuttings containment, transfer equipment and related services for what is said to be the largest natural gas project in the Romanian Black Sea. The contra

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about 1 year ago
Rendering of a vessel at sea
Fossil Energy

Seaonics lands ‘record-breaking’ contract for offshore newbuild quintet

Seaonics, a subsidiary of Norway’s ship designer and shipbuilder Vard, has inked a deal to supply electric lift and handling equipment for five walk-to-work offshore newbuilds under construction at Vard’s Vung Tau yard in Vietnam.

about 1 year ago
A vessel viewed from the dock
Fossil Energy

First two of 11 Sea1 vessels join Aurora’s fleet

Norway-based provider of vessel management services Aurora Offshore, part of the Borealis Group, has welcomed two anchor handling tug supply (AHTS) vessels from compatriot operator Sea1 Offshore, formerly known as Siem Offshore.

about 1 year ago
Illustration; Source: Bureau Veritas
Fossil Energy

Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the jo

23 minutes read
Solstad scores trifecta for a busy 2025
Fossil Energy

Solstad scores trifecta for a busy 2025

Norwegian shipping company Solstad Offshore has secured contracts for two of its construction support vessels (CSVs) and one anchor handling tug supply (AHTS) vessel, all with undisclosed clients. The CSV Normand Jarstein will kick off a 135-day contract in March, under which it will deliver subsea

about 1 year ago
Valaris DS-9 drillship; Source: ExxonMobil
Fossil Energy

ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

about 1 year ago
Arkticheskaya jack-up floating drilling rig; Source: Gazprom
Fossil Energy

Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula

Russia’s energy giant Gazprom has expanded its natural gas resource base by performing geological exploration in 2024 to fortify the Russian Federation’s energy security. This enabled the company to augment its gas reserves so that they once again eclipse its production rates, with the biggest chunk

about 1 year ago
President Lech Kaczyński LNG Terminal in Świnoujście has been in operation since 2016; Source: Gaz-System
Fossil Energy

LNG terminal spreads its wings to level up Poland’s gas diversification and energy security

Gaz-System has expanded the regasification capacity at a liquefied natural gas (LNG) terminal in Świnoujście.

about 1 year ago
Transocean Norge; Source: Transocean
Fossil Energy

All-systems-go for Transocean rig to spin the drill bit in North Sea

OMV has received a drilling permit from the country’s authorities for a wildcat well in the North Sea off the coast of Norway, enabling it to undertake drilling activities next month with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago
Norwegian seismic duo receives local clearance for merger
Fossil Energy

‘Advanced’ imaging centers launch in Brazil to boost offshore energy exploration

Norway-based energy data and intelligence company TGS has launched advanced imaging centers in collaboration with Brazilian state-owned energy giant Petrobras to improve subsurface data interpretation for the Campos and Santos basins offshore Brazil. TGS noted that these centers, based at Petrobras

about 1 year ago
A large vessel at dock
Fossil Energy

Croatia’s LNG terminal one step closer to capacity expansion

The process of increasing the capacity of the liquefied natural gas (LNG) terminal on the island of Krk, Croatia, has entered a new stage with the completion of the inspection of a regasification module at Nantong CIMC Sinopacific Offshore & Engineering in Shanghai.

about 1 year ago
Europe
Fossil Energy

New LNG carrier deal marks 21st vessel entry in Danish shipowner’s orderbook

Danish shipping player Celsius has expanded its liquefied natural gas (LNG) orderbook with a new addition, thanks to a deal with Japan’s JERA.

about 1 year ago
Depsea Yantai rig; Source: Neptune Energy
Fossil Energy

Orlen and Shell come up empty as Tomcat drilling ops wind down

Orlen Upstream Norway, part of Poland’s Orlen Group, has wrapped up drilling activities at a wildcat well in the southern part of the Norwegian Sea, undertaken with one of the Odfjell Drilling-managed rigs, without finding any commercial volumes of hydrocarbons.

about 1 year ago