Aker BP has received consent to use the Maersk Invincible jack-up rig to drill a pilot hole on the Hod field, offshore Norway.The consent for the use of the Maersk Drilling-owned jack-up was granted this week by the Petroleum Safety Authority Norway…
Norwegian offshore engineering and construction company Aibel has signed a 'portfolio agreement' for Equinor-operated Oseberg fields in the North Sea off Norway for the period 2020-2026. The aim of the portfolio agreement is to ensure a holistic…
Ireland's Kinsale area offshore gas fields in the Celtic Sea have officially ceased production, after more than 40 years online.The news of production cessation from the gas fields was shared by the operator PSE Kinsale Energy, a subsidiary of Malaysia's Petronas…
Norwegian oil and gas company Equinor has discovered gas and condensate in the exploration well 30/2-5 S Atlantis, in the North Sea, offshore Norway.The discovery was made about 17 kilometers south of the Kvitebjørn field in the North Sea and 160 kilometers northwest of Bergen…
Remote monitoring and reporting platforms provider Reygar says it is working with offshore renewables services company CWind to develop a new communication safety feature within its BareFLEET fleet monitoring system.In an effort to simplify…
Ireland-based offshore renewables company Simply Blue Energy is stepping forward with the development of a floating offshore wind farm of up to 1GW capacity in the Celtic Sea, offshore Ireland.The company has this week made an application to the Irish Department of Housing…
CorPower, a Swedish developer of wave energy converters, is establishing an R&D, Manufacturing & Service Centre for wave energy converters in Viana do Castelo, Portugal.The location has been chosen to support CorPower’s demonstration project HiWave-5…
Petroleum consumption growth has been slowing for decades and the industry shows increasing signs of maturity, which will have profound implications for the business strategies of oil-producing companies and countries.Slower growth will intensify…
Norwegian offshore drilling contractor Odfjell Drilling has signed a letter of intent with oil company Equinor for the use of its Deepsea Atlantic offshore drilling rig for the development of the Johan Sverdrup Phase 2 offshore Norway.The letter…
Floating tidal stream turbine developer Orbital Marine Power has appointed Black & Veatch as Lead Engineering Partner to support technology optimization and cost reduction engineering under the company’s €5m R&D program.Supported by the INTERREG France (Channel) England TIGER project…
Italian energy group Eni said it would write off around 3.5 billion euros ($4 billion) from the value of its assets after revising down its long-term outlook for oil and gas prices due to economic fallout from the COVID-19 crisis.In a statement on Monday…
UK-based offshore engineering company TSG Marine is working to bring Zoono, a revolutionary molecular layer that kills microbes for up to 30 days on sprayed surfaces, to offshore oil and gas platforms, in an effort to reduce COVID-19 infection risk…
Belgian offshore contractor DEME Offshore has installed the first jacket at the 950 MW Moray East offshore wind farm, offshore Scotland, the UK. In total, 100 wind turbine jackets and 3 offshore substation jackets will be installed at the project…
Gulf Energy Development Pcl said on Tuesday it acquired a 50% stake in a German offshore wind farm for about 558 million euros ($631.10 million) in the latest overseas investment by Thailand's second-largest power producer.Gulf Energy said acquiring…
Denmark-based offshore wind developer Ørsted has awarded CHC Helicopter the contract for aerial transportation during the construction and operations phases of its Hornsea Two offshore wind farm off the UK.CHC will continue to work with UniFly to deliver flight operations for Hornsea One…