Services company Subsea 7 announced it has acquired 4Subsea, a provider of technology and services that delivers decision support to oil and gas and offshore wind operators.4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team…
Tractebel Engineering GmbH and Tractebel Overdick GmbH are developing a concept for an offshore platform which makes it possible to produce hydrogen from offshore wind energy at an industrial scale using electrolysis.The companies, both part of French energy group Engie SA…
Norwegian energy company Equinor said it will use the new Hydrone all-electric wireless underwater intervention drone (UID) and remotely operated underwater vehicle (ROV) technology from Italian services firm Saipem at the Njord Field development…
UK North Sea operator Zennor Petroleum announced that the 2019 Finlaggan subsea installation campaign utilizing six separate vessels over the summer has been safely and successfully completed.The program has seen the 20km long, 10” insulated (pipe-in-pipe) Finlaggan pipeline laid and trenched…
North Sea oil producer Chrysaor completed on Monday a $2.675 billion acquisition of ConocoPhillips' British North Sea oil and gas business, cementing the private equity-backed firm's position as one the basin's top producers.The Conoco assets will add around 72…
Even after more than 50 years, the Norwegian shelf still holds vast opportunities, says Norwegian Petroleum Directorate (NPD).According to NPD's 2019 resource report on fields and discoveries, more than half of the estimated remaining resources on the Norwegian shelf have already been discovered…
The maritime and offshore energy institutional investor OMP is acquitting of US$35m of Series G Redeemable Convertible Perpetual Preferred Shares of the Greek shipping company Tsakos Energy Navigation (TEN) in a private placement.Watson Farley…
Italian oil and gas giant to collaborate with global wind and solar developer Mainstream Renewable Power (MRP) for an offshore wind campaign that will begin in the UK.The Eni partnership will focus on clean energy projects in the UK, as well as Africa and Southeast Asia…
Chinese power giant China Power International Holding (CPIH) and Norwegian energy firm Equinor have inked a memorandum of understanding (MoU) to cooperate on offshore wind projects off China and Europe.“China is rapidly increasing its use of renewables and natural gas…
The multi-billion capital investment by Equinor at its new Dogger Bank Offshore Wind Farm will see it rival its major oil and gas projects, according to Rystad Energy.'The offshore wind project Dogger Bank in the UK North Sea will not only be Equinor’s largest project through 2026…
Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, announced the launch of ocean survey operations today within the Atlantic Shores lease area, in order to inform future turbine development…
Norwegian oil company Okea ASA Okea has been granted safety consent to drill its first operated wells off Norway, with drilling of a pair of probes near its Draugen field due to start next month. According to a press note, the Norway's Petroleum…
Israeli oil and gas company Delek has received an offer from an unnamed investor for a potential investment of up to $250 million into its North Sea focused subsidiary Ithaca Energy.'Delek Group, received a signed offer from an international…
British operator and owner of renewable energy assets SSE Renewables announced that it has won UK’s third Contract for Difference (CfD) Allocation Round and is set to be awarded 15-year contracts for low carbon power from offshore wind at record low strike prices…
The American power and energy company headquartered in Richmond, Dominion Energy wants to build what it says would be the largest offshore wind project in the United States off the Virginia coast.The company filed an application with the regional transmission organization PJM…
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