Norway approved the plans of ConocoPhillips for a 6.1 billion crowns ($667.10 million) development of the Tor II field, which is expected to start production in the final quarter of 2020, the oil and energy ministry said on Thursday.The project will allow restarting output at the Tor field…
Crown Prince Frederik of Denmark will deliver the opening address at the WindEurope Offshore 2019, which is claimed to be the world’s largest event dedicated to offshore wind.The event, which will take place in Copenhagen from 26 to 28 November…
Subsea 7’s life of field business unit i-Tech 7 reports it has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible…
Global energy company E.ON has signed an agreement to purchase clean energy from British wind farms of RWE Renewables.The 2.5-year agreement is on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting E…
It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…
ConocoPhillips has made an oil and gas discovery in exploration well 25/7-7 near the Balder field in the Norwegian North Sea.The first wildcat in production licence 782 S, the well was drilled by the Leiv Eiriksson drilling facility about 15…
Norway has approved energy firm Equinor's request to reduce the gas production quota at its Troll oil and gas field for the current year, the oil ministry confirmed on Monday.A ministry spokesman said the Troll gas output quota had been set at 36 billion cubic metres (bcm) for the gas year 2019…
First Subsea said it has secured a second contract with Spanish developer and construction company Cobra Group to provide Dynamic Bend Stiffener Connectors for the Kincardine Floating Offshore Windfarm. Following the initial supply to the pilot turbine last year…
Energy group Centrica and Stadtwerke Muenchen (SWM) Group have launched the sale of Spirit Energy, one of the North Sea's biggest oil and gas producers, according to a document sent to prospective buyers seen by Reuters.Spirit Energy currently produces around 130…
The Ærfugl partners have decided to proceed with Phase 2 of the Ærfugl project in the Norwegian Sea, three years ahead of the original plan, operator Aker BP announced on Monday.The Norwegian energy company and its partners Equinor, Wintershall…
Maersk Drilling said it has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge for exploration drilling on PL617 in the Southern North Sea, operated by MOL Norge in partnership with Wintershall Dea and OMV Norge…
Israel's Delek Group said on Sunday its Ithaca subsidiary, which it plans to spin off via a London listing, completed a deal to buy most of Chevron's British North Sea oil and gas fields for $2 billion.Delek said the deal, backdated to Jan. 1…
Independent oil and gas company i3 Energy said it has spud the Liberator A2 pilot well following the plug and abandonment of the Serenity 13/23c-10 well.After plugging and abandoning the Serenity 13/23c-10 well as planned, the Borgland Dolphin…
PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva oil and gas field (formerly Cara) is located in the Norwegian sector of the North Sea at a water depth of 360m…
Neptune Energy said it has spud the first Duva well in the Norwegian North Sea.Neptune's first discovery in Norway, Duva holds around 88 million barrels and will be developed with with two oil producers and one gas producertied back to the Neptune…