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Fossil Energy

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QatarEnergy and China bolster LNG ties with new deals
Fossil Energy

QatarEnergy and China bolster LNG ties with new deals

State-owned oil and gas giant QatarEnergy has signed definitive agreements with China National Petroleum Corporation (CNPC) for the long-term supply of LNG to China and partnership in the North Field East (NFE) LNG expansion project. The LNG sales and purchase agreement (SPA) between the two parties

about 3 years ago
GPA project was contemplated as a potential tie-back to Scott platform; Source: CNOOC International
Fossil Energy

Rising costs and UK tax hike deal a death blow to North Sea oil project

The windfall tax hike and the rise in costs have brought to an end the development of a North Sea oil project.

about 3 years ago
FPSO Armada Sterling II; Source: Shapoorji Pallonji Oil & Gas
Fossil Energy

ONGC prolonging Bumi Armada FPSO’s stay off India

Bumi Armada will be getting an extension of a charter contract for one of its FPSOs working for ONGC offshore India.

about 3 years ago
Njord A (for illustration purposes); Credit: Jan Arne Wold & Elisabeth Sahl/Equinor
Fossil Energy

Norway’s gas output nosedives while oil grows

Norway’s gas output has fallen below the one recorded during the month before, last year, and the NPD’s forecast.

about 3 years ago
FSO Palanca; Source: Stapem Offshore
Fossil Energy

Another delay bumps acquisition timeline for stakes in Angolan offshore blocks to next month

Afentra plc has run into another delay in completing the deal with Angola’s state-owned oil and gas company Sonangol.

about 3 years ago
Havila Borg; Source: Havila
Fossil Energy

Assignments for two Havila vessels prolonged

Norwegian offshore vessel operator Havila Shipping has secured contract extensions for two of its platform supply vessels (PSVs).

about 3 years ago
Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
Fossil Energy

UK and Norway’s energy transition tale spotlights oil & gas electrification, offshore wind, CCS, and hydrogen as main chapters

Westwood has looked at the UK and Norway’s net-zero targets and steps being taken to decarbonise the oil and gas industry.

about 3 years ago
Wave power for subsea equipment demo grabs oil & gas industry’s attention
Fossil Energy

Wave power for subsea equipment demo grabs oil & gas industry’s attention

European and Asian energy companies have paid a visit to a demonstration project for powering subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, in Orkney. The €2.3 million (£2 million) project, called Renewables for S

about 3 years ago
Credit; IISD/ENB/Kiara Worth
Fossil Energy

Headway made in Bonn but all hopes rest on COP28’s shoulders to tackle emission reduction challenges

The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.

about 3 years ago
Transocean Barents semi-submersible rig; Source: Transocean
Fossil Energy

Gas found at TotalEnergies’ UK well but volumes most likely sub-commercial

TotalEnergies has finished drilling a prospect off the coast of the United Kingdom (UK), using one of Transocean’s semi-submersible rigs.

about 3 years ago
Greenpeace Nordic
Fossil Energy

Greenpeace blocks Equinor’s tanker from discharging ‘produced water’ in Denmark

A small group of Greenpeace Nordic activists has taken action to prevent a tanker carrying potentially harmful waste from the Norwegian oil industry to be discharged in Denmark. Utilizing divers and magnets underwater, the activists attached a small sailboat to the hull of the tanker Bothnia, which

about 3 years ago
THREE60 Energy
Fossil Energy

Multi-million euro decom deal brings work on 13 offshore wells to UK player

THREE60 Energy has secured a well decommissioning contract to plug and abandon multiple offshore wells in Europe.

about 3 years ago
In focus: Transitioning to low-carbon energy future through green hydrogen corridors
Fossil Energy

In focus: Transitioning to low-carbon energy future through green hydrogen corridors

This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen

about 3 years ago
Antonio Guterres, UN Secretary-General; Credit: Kiara Worth/UNFCCC
Fossil Energy

UN chief’s recipe to avert climate disaster: Beefing up renewables while cutting off investment in coal, oil & gas

The UN Secretary-General is adamant that countries need to progressively phase out fossil fuels and massively boost investment in renewables.

about 3 years ago
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