The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.Johan Sverdrup was launched in 2019, making it a relative newcomer compared to Russia's Urals grade…
Acteon's InterMoor has secured a contract to fabricate 12 mooring piles to support oil firm LLOG in the permanent mooring of the Salamanca Floating Production System in the U.S. Gulf of Mexico.LLOG previously awarded the design of the 80’ long and 16’ OD piles…
Chevron is seeking a [drillship] to explore for natural gas off Cyprus, Egypt, and Israel as the U.S. energy major looks to meet growing demand in the region and Europe, two sources told Reuters.Chevron, which operates in the three eastern Mediterranean countries…
Operations at the Njord A oil and gas platform in the Norwegian Sea will resume at normal levels on Tuesday after being halted because of an oil leak, a spokesperson for operator Equinor said. The platform had been depressurized and production…
The North Sea Transition Authority (NSTA) offered a gas storage license to dCarbonX for the Bains site in the East Irish Sea, east of the Morecambe Fields.The license award allows dCarbonX Ltd to progress with seeking the further regulatory approvals required before gas storage operations can start…
Building a pipeline to transport gas produced in the Arctic Barents Sea could be worth re-examining due to an increased focus on supply security and Norway exporting more of its gas to Europe, gas infrastructure operator Gassco said on Monday…
UK North Sea-focused oil and gas company IOG said Tuesday that the drilling of the Blythe H2 offshore well would take longer than initially thought due to 'abnormally' pressured gas and oil influx encountered while drilling through the Hauptdolomit formation…
Offshore wind installation firm Havfram Wind has ordered a second Wind Turbine Installation Vessel (WTIV).This is the first optional vessel ordered under the existing shipbuilding contract with China's CIMC Raffles.The vessel design will be…
Oil major Shell said Tuesday it had completed the restart of operations at the Pierce field in the UK North Sea.The Pierce field lies around 165 miles (265km) east of Aberdeen, Scotland, in water depths of around 262 feet (85m). It was discovered in 1975…
Belgium-based offshore installation services firm DEME Offshore and Danish offshore engineering company Liftra will partner up to develop an innovative offshore installation methodology for the next generation of offshore wind turbine generators…
Britain plans to widen its flagship renewable energy support scheme to encourage investment in the sector, the government said on Monday as it opened a consultation on the proposed changes. The Contracts for Difference (CfD) scheme is the government's…
Heerema Marine Contractors' offshore installation vessel Thialf is set to install the offshore substation platform topside within the Dogger Bank A offshore wind farm construction area in the UK North Sea. The vessel has previously installed…
John Wood Group said on Monday it has decided to engage with Apollo Management for a firm offer from the private equity firm for a final buyout price of 240 pence per share, which values the group at about 1.66 billion pounds ($2.06 billion)…
The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels.But they stopped short…
Bourbon Marine & Logistics has partnered with the Guyanese company Tethys Marine & Logistics, which becomes a 51% shareholder of the Bourbon Guyana Joint Venture. 'With 75% Guyanese Directors, Bourbon Guyana thus becomes the first indigenous Offshore Support Vessels operator…