Dutch offshore installation firm Heerema Marine Contractors will transport and install the Offshore Substation (OSS) for Iberdrola's Baltic Eagle offshore wind farm in Germany.The Baltic Eagle wind farm site is located 30 kilometers northeast of Rügen island off the coast of Pomerania (Germany)…
Australian carbon capture and storage firm deepC Store (dCS) said Wednesday it had with JX Nippon Oil & Gas Exploration Corporation (JX NOEX) submitted a joint bid for a Greenhouse Gas Assessment Permit for a Greenhouse Gas Storage Acreage Release Area in offshore Australia…
Norway will boost its natural gas output in the coming months, keeping production higher than normal through the summer and delivering bigger volumes to Europe at a time of shortages and soaring prices, Equinor EQNR.OL said on Wednesday.Russia's…
French oil major TotalEnergies on Wednesday confirmed it would officially exit Myanmar oil and gas business in July, after the company first announced its plans to leave the country over worsening humanitarian conditions after last year's military coup…
UK-North Sea-focused oil and gas firm IOG on Wednesday confirmed first gas production from the Elgood field, part of Phase 1 of its Saturn Banks Project. 'Following the confirmation of first gas at Blythe on Monday, the company yesterday also brought Elgood into production…
Danish offshore drilling company Maersk Drilling has won a contract that could employ its Maersk Resolve jack-up drilling rig with an undisclosed client in the UK sector of the North Sea for the majority of 2022.The contract is expected to start in April 2022…
PSA Norway, the Norwegian offshore oil and gas safety regulator, on Monday gave its approvals to Aker BP and ConocoPhillips for offshore drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has obtained PSA Norway's…
Austrian energy group OMV will turn the page from its embrace of Russia and could signal a gradual exit from its oil and gas business when it presents its strategy under new Chief Executive Alfred Stern on Wednesday.After Stern took over as CEO last year…
Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of Ukraine.Equinor's official announcement comes four days after Equinor's chief executive…
Offshore engineering and construction company Subsea 7 said Tuesday it had won a substantial contract with an unnamed client.Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million (Subsea 7's share).The award…
Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the head of Ukraine's state energy firm Naftogaz told Reuters on Monday.Russia is the European Union's top gas…
Norway's Kongsberg Maritime is presenting its HUGIN Edge medium-size autonomous underwater vehicle (AUV) at this week's Oceanology International event which started Tuesday in London.According to the company, based in Norway, the HUGIN Edge offers 'exceptional durability and reliability…
Offshore vessel owner DOF said Tuesday it had won vessel charter extensions with Norway's Equinor and Shell in the UK.Equinor has exercised options to extend the firm periods of the contracts for 2008-built Skandi Mongstad PSV for three years…
Aberdeen-based Balmoral Comtec, part of Balmoral, has agreed to invest a seven-figure sum to create an advanced composites manufacturing facility on the quayside at Scotland's Montrose Port where large-scale components for the offshore energy sector will be built…
Australian oil and gas company FAR Limited said Monday it would withdraw from its offshore blocks in Guinea Bissau after failed farm-out attempts. Separately, FAR said that STAM's takeover offer for FAR had closed, without the offer conditions being satisfied…