Norwegian Ocean Industry Authority (Havtil), the country’s offshore industry safety watchdog, has granted consent to Equinor for exploration drilling in an oil and gas block in the North Sea.The consent is for block 24/11, part of production license 169…
Norwegian oil and gas company OKEA has signed an agreement with Aker BP to acquire a 35% working interest in Tverrdal exploration well in the North Sea.OKEA secured the stake in the southern part of PL1102 / PL1102B, containing the Tverrdal prospect…
Dutch natural gas infrastructure and transportation company Gasunie and Petrogas Transportation plan to jointly investigate how the Petrogas pipeline installed under the North Sea can be reused for the transport of green hydrogen.The research…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat wells in the North Sea.The permit is for wells 34/6-8 S and 34/6-8 A in production license 554.Equinor is the operator of the license with 40% working interest…
U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the Western Isles floating, production, storage and offloading (FPSO) vessel, which was planned for deployment in the North Sea as part of Buchan field redevelopment…
Norwegian oil and gas operator DNO has reached agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million, based on an enterprise value of $1.6 billion.The Sval Energi assets are complementary to DNO’s North Sea portfolio…
BP has completed drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West Nile Delta.Drilled using the Valaris DS-12 drillship…
Harbour Energy swung to an annual loss in 2024 as the U.K.'s windfall tax for energy companies wiped out most of its pre-tax earnings, the company said on Thursday.North Sea producers have warned that the UK's windfall tax on the industry, first…
Vår Energi and its partners have drilled a dry well on the Kokopelli prospect, south of the Sleipner area, in the North Sea.The wildcat well 7/1-4 S is located in the North Sea in production license 1190. Two exploration wells have previously been drilled within this area…
The Danish Energy Agency has published a memo with the results of the market dialogue conducted to investigate the background for the failure of the 3 GW offshore wind procurement in the North Sea.The overall purpose of the market dialogue has…
The U.S. Treasury, via the Office of Foreign Assets Control (OFAC), has extended a license for Serica Energy to operate the Rhum field in the North Sea, 50% owned by Iran's national oil company, for two more years.The OFAC license and secondary sanctions assurance relating to the Rhum field…
Facility management services firm Coor has secured an extension contract with Equinor for facility management services on its offshore oil platforms in the North Sea.Coor has delivered facility management services to five of Equinor’s oil platforms since 2015…
North Star and its shipbuilding partner Cochin Shipyard have cut first steel on EnBW’s new hybrid-electric service operations vessel (SOV), which is on decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany from the end of 2026…
Van Oord and Ecowende have signed a contract for the design, construction and installation of tree reefs and oyster hubs at Ecowende’s Hollandse Kust West wind farm (HKW, site VI) in the North Sea.According to Van Oord, this is the first time…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Luda 5-2 North Oilfield Phase II Development Project in the central part of Bohai Sea.The main production facilities at the project…
