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Fossil Energy

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UK CCS project enters FEED phase as Technip Energies snatches contract
Fossil Energy

UK CCS project enters FEED phase as Technip Energies snatches contract

The Viking Link carbon capture and storage (CCS) project in the UK has entered the front-end engineering design (FEED) phase with the award of the contract to Technip Energies. Viking CCS, previously known as V Net Zero, is the Humber-based CO2 transportation and storage network led by UK oil and ga

about 2 years ago
Illustration from the North Sea Transition Authority (NSTA)
Fossil Energy

Tackling triple challenge of production, emissions, and net zero spurs North Sea’s technological innovation

As the global offshore energy industry takes steps to evolve in line with emerging technological innovations, the UK regulator, the North Sea Transition Authority (NSTA) points out that the North Sea is increasingly becoming a hotbed of activity aimed at employing new technology to enable the streng

about 2 years ago
Illustration; Source: Archer
Fossil Energy

With safety and efficiency in mind, two players set up digital rig offering for operating procedure

Archer has joined forces with Horizon56 to launch a new solution, which will digitalize operating procedures to bolster rig safety and efficiency.

about 2 years ago
Nebula Energy buys majority stake in AG&P LNG for $300 million
Fossil Energy

Nebula Energy buys majority stake in AG&P LNG for $300 million

Nebula Energy, a fully integrated investment management firm focused on LNG and CCS sectors, has acquired a majority stake in AG&P LNG, a subsidiary of AG&P Group and developer of LNG terminals and downstream infrastructure. On January 31, Nebula Energy announced it is investing $300 million in AG&P

about 2 years ago
Peregrino C platfrom is part of Peregrino Phase 2 development; Credit: Ricardo Santos - Equinor
Fossil Energy

SLB and Equinor come closer to fully autonomous drilling with ‘exciting milestone’ off Brazil

SLB and Equinor have made inroads in bringing fully autonomous drilling operations to life while drilling a well section off Brazil.

about 2 years ago
CCUS
Fossil Energy

Chiyoda, NYK, and KNCC explore the feasibility of CCUS value chain

Japanese engineering company Chiyoda Corporation, compatriot shipping major Nippon Yusen Kabushiki Kaisha (NYK), and its affiliate Knutsen NYK Carbon Carriers AS (KNCC) have conducted a joint study to quantitatively evaluate and verify the feasibility of the carbon capture, utilization, and storage

about 2 years ago
Saipem reports pipelayer incident offshore Australia
Fossil Energy

Saipem reports pipelayer incident offshore Australia

Italian oilfield services provider Saipem has reported that an incident occurred on its pipelaying vessel during operations offshore Australia. Saipem announced that early this morning, January 30, an incident occurred on the Castorone pipelay vessel off the waters of Australia during normal pipelay

about 2 years ago
West Capella drillship; Source: Mubadala Energy
Fossil Energy

With new batch of drillship deals, Seadrill reels in $97.5 million

Seadrill has disclosed a new contract award and extension, totaling approximately $97.5 million in value, for two drillships.

about 2 years ago
Illustration; Source: Eni
Fossil Energy

Eni’s CEO portrays UK as ‘primary’ investment playground for gas, renewables, and CCS pursuits

Eni’s CEO describes the UK as a top investment destination not just for natural gas but also for renewable energy, and carbon capture and storage (CCS).

about 2 years ago
After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras
Fossil Energy

After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras

Brazilian state-owned oil and gas giant Petrobras has awarded Norway’s Electromagnetic Geoservices (EMGS) with a contract worth approximately $11.7 million to deliver a multi-client survey offshore Brazil. The contract represents EMGS’ first acquisition project offshore Brazil in almost ten years. T

about 2 years ago
Barossa concept; Source: Santos
Fossil Energy

Australia’s oil & gas industry throws its support behind calls to cut taxpayer funding for activist group

Many have publicly denounced their support for a taxpayer-funded NGO that takes legal action over climate change and environmental issues.

about 2 years ago
PSV Energy Paradise; Source: Golden Energy Offshore Services (GEOS)
Fossil Energy

Two vessel gigs land on Norwegian player’s North Sea backlog

Golden Energy Offshore Services (GEOS) has found more work for two platform supply vessels (PSVs) in its fleet by securing a set of new contracts in the North Sea.

about 2 years ago
COSL Promoter; Source: COSL Drilling
Fossil Energy

Norwegian oil & gas firm gearing up to spud North Sea wildcat with COSL rig

Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 2 years ago
Safe Concordia; Source: Prosafe
Fossil Energy

Prosafe vessel staying longer in Gulf of Mexico

Prosafe has secured a charter extension with an undisclosed company for one of its semi-submersible vessels, which is working in the U.S. Gulf of Mexico.

about 2 years ago
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