German oil and gas company Wintershall DEA said Thursday it would establish mobile and flexible working as a standard practice even after the pandemic.'We aim to achieve a mix, a hybrid working model, for when the pandemic is over. We call it Flex Forward at Wintershall Dea…
Norway's Aker ASA will create more value from IT and low carbon energy businesses in the next decade than from its traditional oil and gas operations, billionaire investor Kjell Inge Roekke said on Wednesday.Via his 67% stake in the Aker group…
Oil prices fell on Thursday, after rising steeply in the two previous sessions, as concerns about weak fuel demand re-emerged and producers in the Gulf of Mexico prepared to resume output following Hurricane Sally.Brent crude futures fell 67 cents…
Engineering and construction company Wood has won a $42 million contract in Norway to upgrade the gas processing plant that handles gas from the Troll, Kvitebjørn, Visund, and Fram fields located in the Norwegian sector of the North Sea.The contract was awarded to Wood by Equinor…
Singapore-based oil and gas module builder Dyna-Mac has entered into a memorandum of understanding with Keppel Shipyard, a subsidiary of rig builder Keppel Offshore & Marine.Under the agreement, the two companies will explore potential business…
Plans by European oil companies to increase their renewable power capacity are driving up the price tags on renewable businesses and projects, the CEO of British renewables and network company SSE, told Reuters.BP, Shell, and Total have all…
Oslo-listed offshore vessel and services company DOF Subsea has won an integrated Field Support Vessel (FSV) contract with an international oil company in Angola. DOF Subsea will deploy its Skandi Seven vessel for a minimum of 303 firm vessel days plus 365 days of options…
Iberdrola has bought Japan-based renewables developer Acacia and signed a joint venture deal with Macquarie's Green Investment Group to develop an offshore wind farm portfolio, the Spanish energy company said on Thursday.Iberdrola and its new…
Offshore helicopter operator Bristow has appointed Jennifer Whalen as Senior Vice President and Chief Financial Officer.Whalen will be responsible for accounting, financial reporting, investor relations, M&A, tax, and other financial aspects of the company…
If 2020 had been anything close to a normal year, the oil and gas industry would have just wrapped up its annual gathering in Singapore, most likely reassured of its ongoing essential role in humanity's future.But this is far from a normal year…
Cyprus is ready to engage in talks with Turkey to resolve differences but only 'without blackmail and threats', President Nicos Anastasiades said on Wednesday.The two countries are locked in a dispute over drilling rights in the Mediterranean…
Danish offshore wind installation company Swire Blue Ocean (SBO) is set to expand its fleet and upgrade the existing wind farm installation vessels with new cranes, to future proof its business given that the offshore wind turbines keep getting bigger…
'Reimagining the North Sea as an integrated energy system is essential for the UK and Scotland to achieve their net-zero ambitions. But we need to invest now to close the gap on the key technologies needed to make this ambition a reality,' Colette Cohen OBE…
Italian oil and gas company Eni, together with partner BP, has made a gas discovery in the Great Nooros Area offshore Egypt.Eni, a company which a few years back struck Egypt's largest gas find at the Zohr well in the Mediterranean Sea, on Wednesday…
Mediterranean-focused oil and gas company Energean has signed agreements to sell more gas from its Karish gas development off Israel.Energean said Wednesday it had signed two gas sales deals which, combined, represent quantities of gas of up to 1…