North Sea-focused oil and gas company NEO Energy has completed the acquisition of independent oil and gas company Zennor Petroleum Limited, first announced back in March.HitecVision-backed NEO Energy said in March it would acquire Zennor from Kerogen Capital for up to $625 million…
Belgian offshore installation service provider DEME Offshore has installed the DolWin6 High Voltage DC (HVDC) cable in the German North Sea, using its LNG-powered DP3 vessel Living Stone. DolWin6 has a transmission capacity of 900 MW and is owned and operated by transmission system operator TenneT…
Oil and gas firm Serica Energy on Monday announced successful flow test results from its Columbus development well in the UK North Sea.The well was drilled to a measured depth of 17,600ft with a horizontal section of over a mile in length in the Forties Sandstone formation…
Renewable energy firm EDP, energy services provider TechnipFMC and other research partners are teaming up to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power…
Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process 'simpler and more competitive,' the natural resources minister said on Monday…
Offshore helicopter operator Bristow on Monday said it had secured separate two-year contract extensions through April 2024 with Equinor, Shell, and Neptune.The company will support the oil firms' air transportation crew change needs for their operations in the Norwegian continental shelf…
Valaris, a company leasing offshore drilling rigs to oil and gas companies, has secured a 16-well contract for one of its semi-submersible drilling rigs.The drilling firm said Monday that the Australian oil and gas firm Woodside had hired the Valaris DPS-1 semi-submersible drilling unit…
Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total.3R Offshore, a company with a strategy to revitalize mature offshore fields…
Norwegian company Aker Carbon Capture (ACC) said on Monday it would launch a service offering the removal of carbon dioxide (CO2) from industrial processes and its subsequent storage.The company, previously a division of oil services company Aker Solutions…
Offshore installation firm Jan De Nul has signed a final contract for the transport and installation of 87 GE Haliade-X 14 MW offshore wind turbines for the third phase of the giant Dogger Bank wind farm that will be built in the North Sea off the coast of the UK…
Italian oil giant Eni is working to boost its renewable energy portfolio further after it last year entered the Dogger Bank, the world's largest offshore wind project, on its path towards delivering 60 GW of renewables installed capacity by 2050…
Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.Benchmark…
Oil prices rose for a second day on Friday as the market reacted to falling U.S. inventories.Signs of strong Asian demand from both China and India also strengthened the market.Brent crude oil futures were up $1.49, or 2%, at $75.60 a barrel by 1:12 p…
Dutch offshore installation firm Heerema Marine Contractors has installed an offshore jacket as part of Aker BP's HOD B development in the Norwegian part of the North Sea, using its giant Sleipnir semi-submersible installation vessel.'The Hod…
Industrial IoT as-a-service company Hiber said Thursday it was partnering with oil and gas services firm WTS Energy, to roll out its well integrity monitoring solution globally. 'As part of a strategic joint venture with WTS Energy, Hiber has developed HiberHilo…