The UK government on Friday appointed Tim Pick as the UK's first Offshore Wind Champion, as a £160 million (around $199,6 million) floating offshore wind fund opens for expressions of interest.'Ambitious plans to expand offshore wind around…
Black Sea-focused oil and gas company Trillion Energy International has signed a definitive offshore drilling services contract with Romanian drilling company GSP Offshore to secure a jack-up rig for its 2022 – 2023 drilling program on its South…
Norway's crude oil output in April missed the official forecast by 10.6%, while its gas output was in line with expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output fell to 1.66 million barrels per day (bpd) in April from 1…
Leaders from European Union countries are set to endorse the bloc's plan to wean itself off Russian energy and spend the bloc's COVID-19 recovery fund to do this, according to draft conclusions for a leaders' summit later this month.The European…
U.S.-based LNG company Excelerate Energy and a subsidiary of Gasgrid Finland, a Finnish state-owned natural gas transmission system operator, on Friday signed a ten-year deal in Helsinki for the charter of a floating storage and regasification vessel (FSRU) that they said would provide 'flexible…
Copenhagen Infrastructure Partners (CIP) has proposed to construct an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called 'BrintØ' - in the Danish part of the North Sea. According to CIP, one of…
Five foreign vice-presidents of Russia's Rosneft have resigned because of European Union sanctions forbidding European citizens or Russians living in the EU to work at the Kremlin oil major, six sources familiar with the matter said.They said the five - Didier Casimiro…
Wage talks involving around 8,000 oil drilling workers in Norway broke down on Thursday, labor unions said, raising the risk of strike action that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…
The European Parliament urged that former German Chancellor Gerhard Schroeder be blacklisted if he does not quit the board of Russian state-owned oil company Rosneft ROSN.MM in a move also meant to dissuade him from taking a top job at Gazprom GAZP…
A new set of factors beyond bidding price is gaining traction in global tenders to award licenses for offshore wind farms and will determine the winners and losers in a highly competitive industry, a new report by energy research firm Wood Mackenzie shows…
French seismic data acquisition and processing company CGG won a multi-year contract with the Norwegian energy company Equinor.The contract is for 4D seismic imaging of multiple towed-streamer and OBC datasets from the Gullfaks field area in the Norwegian North Sea…
Offshore wind installation contractor Fred. Olsen Windcarrier (FOWIC) has won a contract to support the jacket installation campaign on the Neart na Goithe (NnG) offshore wind farm in the UK, using its jack-up installation vessel, the Blue Tern…
Vallourec is starting a process to close its German manufacturing sites as it had failed to find a 'credible' buyer for the assets, the French steel pipe maker said on Wednesday.Vallourec also said it would close its heat treatment line in Saint-Saulve in France and a site in Scotland…
Offshore accommodation rig provider Prosafe has agreed with China's Cosco shipyard to extend delivery flexibility for the Safe Nova and Safe Vega flotels, under the deal first entered in August 2018.'It remains the intention that Prosafe will…
The European Commission on Wednesday unveiled a 210 billion euro [about $220 billion] plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away from Moscow to quicken its transition to green energy.The invasion of Ukraine by Russia…