The Polish government has approved draft legislation that would allow the military to sink an enemy ship targeting a key gas pipeline from Norway via the Baltic Sea following NATO's warning that Russia might sabotage undersea energy infrastructure…
Power cable-making and installation firm NKT has won an order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, strengthening the transmission security and electricity supply between France and Spain…
Equinor's Hammerfest LNG plant in Arctic Norway suffered a compressor failure on Thursday and is expected to remain offline until May 19, Norwegian gas system company Gassco said in a regulatory note on Friday. The outage was caused by a technical…
RWE and Northland Power have selected Dajin Offshore as the preferred supplier of offshore wind turbine foundations for their up to 1.6-gigawatt (GW) Nordseecluster offshore Germany. The Nordseecluster cluster will consist of four offshore wind farm sites in the German North Sea…
Offshore drilling firm Transocean, on behalf of its clients Wintershall Dea and OMV, has contracted InteliWell to equip and utilize its proprietary InteliWell software on the semi-submersible drilling rig Transocean Norge.InteliWell is a joint…
LOTOS Petrobaltic, part of ORLEN, has ordered Saab’s Seaeye Leopard work-class ROV to service subsea infrastructure within Poland’s B3 and B8 oil fields in the Baltic Sea.'After evaluating other work vehicles on the market, LOTOS Petrobaltic…
Oslo-listed offshore drilling company Odfjell Drilling has won more work with Equinor for two of its semi-submersible drilling rigs the Deepsea Aberdeen and Deepsea Stavanger.Equinor has added additional firm scope for the Deepsea Aberdeen as…
Cerulean Winds plans to build an offshore integrated green power and transmission system, powered by floating wind, that North Sea oil and gas platforms will plug into for clean power, under the project called the North Sea Renewables Grid (NSRG)…
Shell on Thursday posted first-quarter net profit of $9.65 billion, topping analysts' forecasts, as strong earnings from fuel trading offset cooling oil and gas prices. Shell kept its dividend unchanged at $0.2875 per share and also kept the…
Wage talks between Norwegian oil firms and two labor unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year.The Lederne union as well as Industri Energi both came to an agreement with companies…
The Kremlin on Tuesday called for the investigation into the blasts of Russia-designed Nord Stream gas pipelines to be speeded up and any results to be published. In September 2022, several unexplained underwater explosions ruptured the Nord…
Subsea services company Reach Subsea said Tuesday it had secured a five-month contract with an unnamed 'major renewable energy company,' for delivery of offshore wind-related services.The subsea vessel Deep Cygnus will be utilized on the project…
BP BP.L made a profit of $5 billion in the first quarter of 2023, up from the previous three months on the back of strong oil and gas trading, but the company's shares fell as it slowed a share buyback program.BP's results, which beat forecasts…
Floatel International, a company providing offshore accommodation rigs to oil and gas companies, said Friday it had won a contract with the Norwegian oil company Aker BP.The contract is for modifications and maintenance activities related to the Skarv FPSO unit…
Italian energy group Eni said on Friday its first-quarter net profit fell 11% year on year on lower oil and gas prices compared with the first three months of 2022, when Russia's invasion of Ukraine sent energy prices soaring. Adjusted net profit for the period came in at 2…