German oil company Wintershall Dea has said it has switched the power supply to the Mittelplate Drilling and Production island in the Schleswig-Holstein Wadden Sea National Park in Germany to '100-percent certified electricity from renewable sources…
Norwegian oil and gas firm Equinor plans to cut its exploration staff by about 30% globally by 2023 to reduce costs as the COVID-19 pandemic reduces demand for petroleum, the company said on Friday.Equinor said it wanted to focus on selected areas when searching for new oil and gas resources…
Margareth Øvrum, Executive Vice President of Equinor's Development and Production Brazil business, has joined the oilfield services firm TechnipFMC's Board of Directors, effective October 1, 2020.Øvrum, 62, has over 38 years of experience at the Norwegian energy giant…
Norwegian oil company Aker BP is ready to start production from the first phase of its Ærfugl gas and condensate field in the Norwegian Sea, the Norwegian Petroleum Directorate said Friday.Ærfugl will be developed in two phases, both with three wells…
Norway's Aker Solutions has signed contracts with ConocoPhillips to deliver a subsea production system for the Tommeliten Alpha discovery off Norway, and to conduct a front-end engineering and design (FEED) for modifications on the Ekofisk installations to integrate the Tommeliten Alpha discovery…
The construction has started in Norway of what will be the world's largest floating wind farm - the Hywind Tampen.Norway's Prime Minister Erna Solberg and Kværner apprentice Arne Linga officially kickstarted the construction work by starting…
Danish offshore drilling rig company Maersk Drilling has signed a drilling contract with Dana Petroleum in the Netherlands, to provide a jack-up rig for the drilling at a project in the Dutch North Sea, and has agreed to delay a project in Denmark…
Creditors of Premier Oil have extended a waiver for the group's debt covenant test until Nov. 5, Premier said on Thursday, granting it breathing space to avoid an immediate debt crunch and work on a longer-term plan.Premier needs to convince…
Norway's Lederne labor union said on Wednesday it would escalate an oil workers' strike from Oct. 4 to four additional offshore fields.Several dozen workers went on strike on Wednesday at Norway and western Europe's largest oilfield, Johan Sverdrup…
France's Total on Wednesday said it would hike its annual investments in renewable energy and electricity by 50% as it cuts its reliance on oil and aims to become a major low-carbon power producer.Faced with gloomy long-term prospects for oil demand…
Oilfield services company Baker Hughes has launched a vessel-deployed subsea wellhead cutting system called the Terminator.In what Baker Hughes says is 'a first-of-its-kind mechanical wellhead removal method', the Terminator system has already…
Equinor said on Wednesday it was maintaining production at western Europe's largest producing oilfield despite a strike by some workers but risked a wider labor conflict this week.Some 43 workers are on strike at the Johan Sverdrup field after…
Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The…
Russian firm Sovcomflot has returned the offshore seismic vessel Ivan Gubkin to its owner Polarcus.The 14-streamer 3D seismic vessel - originally named Polarcus Amani - had been on a charter with Sovcomflot since 2017 and should've stayed with Sovcomflot for five and a half years…
Lundin Energy has raised its reserve estimate for Norway's Edvard Grieg oilfield by 50 million barrels of crude, an increase of 17%, and boosted output plans for the coming years, the Swedish company said on Tuesday.So-called plateau production…