The Norwegian Petroleum Directorate has approved the start-up of a subsea installation with two new wells on the Neptune Energy-operated Gjøa field in the North Sea, off Norway.Neptune Energy estimates the project will add 2.4 million standard cubic meters of oil equivalent (15 million bbls o…
New York-listed offshore vessel operator SEACOR Marine has agreed to sell its Windcat Workboats and its crew transfer vessel (“CTV”) business to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat Workboats owns and operates a fleet of 46 offshore crew transfer vessels…
India's Reliance Industries and the British oil major BP on Friday announced the startup of production from ultra-deepwater gas field R Cluster in block KG D6 off the east coast of India. RIL and BP are developing three deepwater gas projects in block KG D6 – R Cluster…
Oslo-listed marine seismic company Polarcus has signed a memorandum of agreement with Sovcomflot for the use of one of its survey vessels on a project in the Far East.The company said Friday the contract was signed with SCF GEO, a Sovcomflot Group firm…
Norwegian oil and gas firm Equinor has exercised its option to extend the contract for Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig.Odfjell Drilling said Friday that Equinor had exercised its right to add two new wells to the rig's contract…
Denmark-based clean-tech company Floating Power Plant (FPP) said Friday it was building what it said was 'the biggest wave energy PTO (Power Take-off) test bench in the world.'The company is collaborating with Fritz Schur Energy, Seasystems…
Offshore wind turbine installation company Cadeler, until recently known as Swire Blue Ocean, has ordered a new crane for its Wind Orca vessel, to prepare it for the giant offshore wind turbines of the future.The company has signed a contract…
Norwegian oil and gas company Aker BP has decided to develop the Gråsel (Gray Seal) discovery in the Norwegian Sea. Aker BP, with its Skarv field partners Equinor, Wintershall Dea and PGNiG approved the final investment decision for the Gråsel development on December 17…
GE Renewable Energy has been confirmed as the preferred turbine supplier for Dogger Bank C offshore wind farm in the UK.The 1.2 GW third phase of the 3.6 GW Dogger Bank wind farm owned by Equinor and SSE will become the world’s largest offshore wind farm when complete in 2026…
UK's Oil & Gas Authority on Wednesday submitted a revised strategy for laying before the UK Parliament featuring for the first time an obligation on the oil and gas industry to support the UK’s net-zero target.'The revised Strategy reflects the ongoing global energy transition…
Just hours after announcing three contracts for its platform suppliers in the North Sea and Suriname, Norwegian offshore vessel operator Solstad Offshore released a separate statement on Thursday, announcing charters for three construction vessels…
Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…
UK-based Ineos, one of the world's largest chemical producers, has struck a ten-year power purchase deal in Belgium with RWE Supply & Trading. Electricity will come from an offshore wind farm.,Starting from 2021, Ineos will buy 198 gigawatt-hours of green electricity per year from RWE…
GE Renewable Energy Offshore Wind (GE) has ordered two crew transfer vessels destined to serve the Saint-Nazaire offshore wind farm in France.GE has ordered the vessels from Louis Dreyfus Armateurs and Tidal Transit. The two crew transfer vessels…
Southeast Asia-focused oil company KrisEnergy has yet again extended the long-stop date for the completion of the sale of its interest in the Vietnam Block 115/09.KrisEnergy first announced it had agreed to sell the offshore block to an unnamed…