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Fossil Energy

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Two new campaigns with Equinor to keep Reach Subsea’s USV at work
Fossil Energy

Two new campaigns with Equinor to keep Reach Subsea’s USV at work

Norway’s Reach Subsea has secured two new call‑offs under its frame agreement with compatriot state-owned energy firm Equinor which will see its uncrewed surface vessel (USV) Reach Remote 1 deployed for gas reservoir monitoring and subsea inspection, maintenance and repair (IMR) services on the Norw

about 5 months ago
Oil-to-CO2 storage wells begin transformation journey offshore Denmark
Fossil Energy

Oil-to-CO2 storage wells begin transformation journey offshore Denmark

North Sea wells originally used for oil production are currently being prepared for CO2 storage as part of the Greensand Future project in Denmark, which will store carbon dioxide in the Nini West field located approximately 240 kilometers northwest of Esbjerg. To remind, in December 2022, Project G

about 5 months ago
Mitsui greenlights $40 million investment in Port of Nigg
Fossil Energy

Mitsui greenlights $40 million investment in Port of Nigg

An investment of over GBP 30 million (around $40 million) in new facilities that will support offshore wind construction at the Port of Nigg in Scotland has received final approval by Maraen, a new integrated energy infrastructure brand launched by Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL),

about 5 months ago
Category 5 storm makes damage to oil field offshore Western Australia
Fossil Energy

Category 5 storm makes damage to oil field offshore Western Australia

Singapore-headquartered oil & gas player Jadestone Energy has reported damage to its Stag oil-producing field located offshore Western Australia as a result of a Category 5 storm. Due to the projected path of Cyclone Narelle, which developed into a Category 5 Storm with sustained wind speeds of over

about 5 months ago
Calcasieu Pass LNG facility; Source: Venture Global LNG
Fossil Energy

Venture Global and Edison put LNG arbitration battle behind them

Against the backdrop of the geopolitical upheaval caused by the Middle East conflict, Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has resolved its arbitration dispute with Edison regarding its LNG facility in Louisiana, United States.

about 5 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Fossil Energy

Chevron shakes hands with NOC for oil study at block offshore Libya

U.S.-headquartered energy giant Chevron has teamed up with Libya’s National Oil Corporation (NOC) for an oil study at an offshore block in Libyan waters.

about 5 months ago
Installation of FLNG mooring system at Eni Congo LNG project; Source: Geocean
Fossil Energy

WATCH: FLNG mooring system slides in place offshore Congo

France’s marine contractor Geocean has released video footage showing the work undertaken to put in place a mooring system for a floating liquefied natural gas (FLNG) unit off the coast of Congo, Africa.

about 5 months ago
New joint project aims to bring subsea chemical storage technology to deployment
Fossil Energy

New joint project aims to bring subsea chemical storage technology to deployment

Oilfield services company NOV has launched a joint industry project (JIP) with Norwegian state-owned energy firm Equinor and Brazil’s oil & gas company Petrobras to work together on qualifying subsea chemical storage technology toward field deployment. The JIP is progressing an up to 200m3 subsea st

about 5 months ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Fossil Energy

With well duo online, two more left to go into production mode in Brazil

Brazilian oil and gas company PRIO, formerly known as PetroRio, has started production from the second well at its subsea tie-back project in the Campos basin off the coast of Brazil.

about 5 months ago
Ichthys Explorer central processing facility (CPF); Source: Inpex Australia
Fossil Energy

Third train on the cards for LNG project, unleashing more Australian gas

A new train is in the pipeline for a liquefied natural gas (LNG) project off the northwest coast of Western Australia (WA), following a recent strategic partnership between Japan’s Inpex and Texas-based Formentera to accelerate development of a project by leveraging U.S. shale technology and experti

about 5 months ago
Illustration; Source: Azule Energy
Fossil Energy

Azule Energy offloads stakes in two blocks offshore Angola

Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has sealed a deal to divest its interests in two blocks off the coast of Angola.

about 5 months ago
Scarabeo 8 rig; Source: Saipem
Fossil Energy

Go-ahead for North Sea drilling ops with Saipem’s rig

Norwegian authorities have given the all-clear for drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with a rig owned by Saipem, an Italian engineering, drilling, and construction services giant.

about 5 months ago
IKM Testing to gauge pipeline for first offshore CCS project in UK
Fossil Energy

IKM Testing to gauge pipeline for first offshore CCS project in UK

North east Scotland-based IKM Testing UK has been appointed to deliver pipeline pre-commissioning services for the UK’s first offshore carbon capture and storage (CCS) project, being developed on England’s east coast. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Part

about 5 months ago
Illustration; Source: Europa Oil & Gas
Fossil Energy

License extension out of the way for Irish gas prospect as partner hunt continues

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has secured a license extension for a natural gas prospect off the coast of Ireland.

about 5 months ago
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