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Fossil Energy

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Energy industry needs to activate to improve North Sea seabed security, OEEC panel says
Fossil Energy

‘Blind underwater’: Energy industry needed to improve North Sea seabed security, OEEC panel says

Security is a topic that has expanded in the last couple of years, bringing new worries to Europe. With a number of incidents occurring in European seas that harmed subsea (energy) infrastructure, seabed security made its way onto one of the first places on the energy security chart. A panel at Offs

about 1 year ago
Serica's Bruce, Keith, and Rhum (BKR) facilities; Source: Serica
Fossil Energy
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Serica Energy makes a play for UK oil & gas firm to expand its portfolio

Serica Energy has set the wheels in motion to bring two additional licenses on the UK Continental Shelf (UKCS) under its fold by acquiring a compatriot player, Parkmead (E&P) Limited (PUK) from Parkmead Group.

about 1 year ago
Altera
Fossil Energy

Legal fallout: Altera Infrastructure accepts €700,000 fine for violating EU ship recycling laws

Despite initially contesting the fine, with a trial scheduled for the beginning of next year, Norwegian ship management company Altera Infrastructure has accepted the penalty of 8 million NOK (circa $720,048) for the illegal scrapping of two shuttle tankers Navion Britannia and Alexita Spirit on the

about 1 year ago
'Sizeable' subsea tieback development job lands on Subsea7's desk
Fossil Energy

Subsea7 secures multi-million subsea tieback project in US Gulf of Mexico

Luxembourg-based Subsea7 has been awarded a “substantial” contract from Beacon Offshore Energy for a subsea tieback development in the U.S. Gulf of Mexico, with the deal valued between $150 million and $300 million. According to Subsea7, the scope of work encompasses engineering, procurement, constr

about 1 year ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Fossil Energy

New oil discovery boosts Barents Sea potential with 20 more wells on the drilling horizon

Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway. As the firm believes the new find has unlocked further potential in the area, it plans to drill 20 more wells in the Barents Sea over the next four years.

about 1 year ago
A drone flying over a processing facility
Fossil Energy

Finnish firm wins ISO certification for drone-based GHG emissions monitoring solution

Finland-based provider of mobile emission monitoring services Aeromon has received international accreditation for its technology enabling the monitoring and analysis of airborne greenhouse gas (GHG) emissions.

about 1 year ago
A large vessel at sea
Fossil Energy

Hanwha handpicks GTT for tank design of LNG carrier pair

South Korea’s shipbuilder Hanwha Ocean has placed an order with French technological containment specialist Gaztransport & Technigaz (GTT) for the tank design of two new liquefied natural gas (LNG) carriers it is building for Greek shipowner Maran Gas Maritime.

about 1 year ago
UK’s first ever carbon storage becoming a reality, first injection expected in 2027
Fossil Energy

UK’s first ever carbon storage becoming a reality, first injection expected in 2027

The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is

about 1 year ago
Gas leak at Nord Stream 2 pipeline as seen from a Danish F-16 interceptor near Bornholm, Denmark on 27 September 2022.
Fossil Energy

Hybrid warfare paints ‘gray zone’ targets on shipping and offshore energy infrastructure

With the swift surge in geopolitical upheavals, a rising tide of offshore security risks is playing out across the globe, putting vessels, undersea cables, and offshore oil and gas installations in danger of increasingly becoming sitting ducks for “gray zone” attacks, which WTW interprets as actions

about 1 year ago
Aerial view of a port
Fossil Energy

With building permit secured, Polish FSRU project ready for execution stage

Poland’s gas transmission system operator Gaz-System has obtained a building permit for the floating storage and regasification unit (FSRU) that will form part of the country’s second liquefied natural gas (LNG) terminal, in the Gulf of Gdańsk.

about 1 year ago
Large-scale North Sea CO2 storage gallops ahead as Danish project reaches FID
Fossil Energy

EU’s first full-scale CO2 storage facility gallops ahead as Danish project reaches FID

The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On

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

TotalEnergies brings more gas on stream with North Sea tie-back up and running

France’s energy giant TotalEnergies has started production from a well in the Harald East area, with the gas set to be exported through the Tyra facilities in the Danish sector of the North Sea. Once a final investment decision (FID) was made by the Danish Underground Consortium (DUC), including Tot

about 1 year ago
CMP
Fossil Energy

Swedish Energy Agency bankrolls Malmö CO2 Hub project

A project that seeks to develop a common infrastructure in southern Sweden for transport and storage or utilization of carbon dioxide (CCUS) has received a financial boost from the Swedish Energy Agency (Energimyndigheten).

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

Partners in Norwegian Sea gas discovery mulling over tie-back to existing infrastructure

Wintershall Dea has undertaken appraisal activities with one of Transocean’s rigs at a gas discovery in the Norwegian Sea, 270 kilometers north of Kristiansund, off the coast of Norway.

about 1 year ago