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Fossil Energy

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UK oil & gas firm gets green light for Angolan offshore blocks
Fossil Energy

UK oil & gas firm gets green light for Angolan offshore blocks

UK-headquartered Afentra plc has received approval from the Angolan Ministry of Mineral Resources, Oil and Gas for the acquisition of INA-Industrija Nafte’s interest in two blocks offshore Angola. Afentra is acquiring from INA-Industrija a 4 per cent interest in Block 3/05 and a 4 per cent interest

about 3 years ago
Shell makes headway in global digitalisation of its ops with Kabal’s software
Fossil Energy

Shell makes headway in global digitalisation of its ops with Kabal’s software

UK-headquartered energy giant Shell has advanced its digitalisation journey through a global agreement with Kabal.

about 3 years ago
Noble, Halliburton and Odfjell forge rig alliances with Aker BP for five years of drilling ops
Fossil Energy

Noble, Halliburton and Odfjell forge five-year rig alliances with Aker BP for drilling ops

Aker BP has entered into drilling and wells alliance agreements with Noble, Odfjell and Halliburton for drilling activities on the NCS.

about 3 years ago
Capricorn’s NewMed merger plan runs up against strong shareholders’ opposition
Fossil Energy

Capricorn’s NewMed merger plan runs up against strong shareholder opposition

Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”

about 3 years ago
Oil majors’ ‘big bet’ on hydrogen is not so big in reality as they invest 8 times more in biofuels, T&E says
Fossil Energy

Oil majors’ ‘big bet’ on hydrogen is not so big in reality as they invest 8 times more in biofuels, T&E says

While European oil majors are taking a gamble on hydrogen as the transport fuel for the future, this ‘big bet’ is not so big in reality, according to a new study on behalf of Transport & Environment (T&E), which shows that investments in biofuels refining are eight times bigger. Ricardo Energy & Env

about 3 years ago
Euronav
Fossil Energy

Euronav says litigation and arbitration on the table as it rejects Frontline’s tie-up termination

Belgian tanker shipping major Euronav believes that Frontline’s unilateral termination of the proposed $4.2 billion combination agreement announced on Monday was unfounded, the company said in an update. “Euronav has determined that Frontline’s unilateral action in pursuing the termination of the co

about 3 years ago
Scotland on mission to become ‘renewables powerhouse’ contemplates policy for no new oil & gas exploration
Fossil Energy

Scotland on mission to become ‘renewables powerhouse’ contemplates no new oil & gas policy

The Scottish government has released a draft energy strategy, which aims to shape the country’s next 25 years of energy production.

about 3 years ago
With six players in pursuit of previous North Sea carbon storage area, Norway invites applications for another CO2 acreage
Fossil Energy

With six players in pursuit of previous carbon storage acreage, Norway invites applications for another CO2 area

Norway’s government has received applications from six companies for acreage on the NCS to be allocated for the injection and storage of CO2.

about 3 years ago
Italian duo closes transaction for Algeria-Italy gas pipelines
Fossil Energy

Italian duo closes transaction for Algeria-Italy gas pipelines

Italian energy player Snam has finalized the acquisition of a 49.9 per cent stake held by compatriot oil and gas firm Eni in the companies operating two groups of international gas pipelines between Algeria and Italy. The scope of the transaction includes the onshore gas pipelines running from the A

about 3 years ago
UK oil & gas player getting rid of two ‘non-core’ North Sea discoveries
Fossil Energy

UK oil & gas player getting rid of two ‘non-core’ North Sea discoveries

Orcadian Energy has entered into a non-binding heads of agreement with Rapid Oil to dispose of its interests in two North Sea discoveries.

about 3 years ago
Trillion Energy plans more wells at Black Sea gas field
Fossil Energy

Trillion to boost production at Black Sea gas field with additional wells

Trillion Energy is planning to add three sidetrack wells to the development program for the SASB gas field, increasing the total number of wells at the Black Sea project from 17 to 20. Trillion Energy said it had identified several additional opportunities to increase production at the SASB gas fiel

about 3 years ago
TechnipFMC scores more work with Wintershall Dea off Norway
Fossil Energy

TechnipFMC scores more work with Wintershall Dea off Norway

TechnipFMC has secured an engineering, procurement, construction, and installation (EPCI) contract with oil and gas company Wintershall Dea Norge for a gas field located offshore Norway. The contract covers the design, engineering, manufacture, and installation of pipe for the Dvalin North field, wh

about 3 years ago
Shell finds gas in North Sea prospects and embarks on full well testing programme
Fossil Energy

Shell finds gas in North Sea prospect and embarks on commerciality evaluation

Shell has made a gas discovery in an exploration well in the North Sea, which was spudded using a Noble-owned rig.

about 3 years ago
With ‘diversity in the player landscape,’ Norway offers offshore oil & gas licenses to 25 firms
Fossil Energy

With ‘diversity in the player landscape,’ Norway offers offshore oil & gas licenses to 25 firms

Norway has offered production licenses to 25 companies for further exploration activity on the Norwegian continental shelf (NCS).

about 3 years ago
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