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Wednesday, 10 February 2016 14:10

PKA, LEGO Group buy into DONG wind farm

DONG Energy has signed and completed an agreement to divest 50% of the 258 MW UK offshore wind farm project,…
Monday, 08 February 2016 15:11

IHS suggests additional CAPEX cuts needed

The depressed oil price environment is painting a gloomy outlook for North American exploration and production (E&Ps) companies, and further,…
Thursday, 04 February 2016 08:39

Aqualis contracted for LNG barge study

Offshore marine and engineering consultancy Aqualis Offshore has been contracted by Gas Entec to provide an engineering study of a…
Wednesday, 03 February 2016 11:30

DONG makes Hornsea FID

Danish energy group DONG Energy has made a final investment decision (FID) to build the giant Hornsea Project One offshore…
Monday, 01 February 2016 10:43

GE announces US$1 billion Russian investment

GE entered into a US$1 billion sourcing program, signing a series of agreements with its Russian strategic partners at the…
Schedule slippage is an ever-present reality for exploration and production (E&P) projects, especially for the more complex mega-projects, says Norwegian…
Wednesday, 27 January 2016 11:01

Siemens gets Finnish wind order

Siemens has been awarded its first commercial offshore wind order from Finland. The company will supply, install and commission 10…
Tuesday, 19 January 2016 14:33

Aqualis Offshore lands BorWin3 gig

Aqualis Offshore has been contracted by Petrofac to perform technical support services for its work on the BorWin gamma topside…
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more…
Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over the next…
Tuesday, 22 December 2015 10:19

Lundin hits at Rolvsnes

Lundin Petroleum has discovered oil at the Rolvsnes exploration well 16/1-25 S in PL338C, in the central North Sea sector…
Friday, 18 December 2015 13:57

TPSL, ScottishPower Renewables team up

Atlantis Resources and ScottishPower Renewables (SPR) are teaming up to develop a joint portfolio of projects for the growing tidal…
Shipping and offshore specialist law firm Wikborg Rein says current low oil prices could mean there are bargains to be…
Wednesday, 16 December 2015 11:50

DEA completes E.ON E&P acquisition

The acquisition of 100% of the shares of E.ON E&P Norge by DEA Norge has been completed on the 16…
Wednesday, 16 December 2015 11:26

SBM Offshore inks Petrobras FPSO bid

Amsterdam-based SBM Offshore announced that it received from Petrobras the formal invitation to tender for the Sépia and Libra FPSOs…