Neptune Energy and RWE said Tuesday they had signed an agreement for the H2opZee project, an offshore green hydrogen development in the Dutch North Sea.H2opZee is a demonstration project which aims to build 300-500 megawatts (MW) electrolyzer…
Sweden presented plans on Tuesday to build offshore wind power plants that will generate 20-30 terawatt-hours (TWh) per year, with an aim to reach 120 TWh at a later stage.The areas are located in the waters both east and west of Sweden, the Nordic country's government said…
European banks are providing billions of dollars of funding to expand oil and gas production, a report on Monday showed, despite International Energy Agency guidance against new facilities in order to slow global warming.Last year, 25 of the…
UK-based offshore engineering and maintenance contractor Bilfinger UK has secured a major contract with TotalEnergies that will create 300 fixed-term positions.The contract is for the delivery of fabric maintenance campaign services on TotalEnergies’…
Equinor, on behalf of its partners, last Friday exercised options valued at around NOK 11,5 billion ($1,28 billion) for framework agreements for maintenance and modification services for all onshore and offshore installations.'The cooperation with Aibel AS…
French energy industry giant TotalEnergies has partnered with the Norwegian company Semar in the development of the innovative Honeymooring solution, which, according to TotalEnergies, will contribute to lowering the floating wind costs and reducing seabed footprint…
Norwegian oil and gas firm Vår Energi, a spin-off from Italy's Eni, said its planned stock market listing in Oslo will value the company at 70 billion crowns ($7.8 billion), the low end of the company's intended range.Eni last month announced…
Austria is sticking with its opposition to including the Nord Stream 2 gas pipeline in a package of sanctions against Moscow that the European Union is preparing in the event Russia invades Ukraine, Foreign Minister Alexander Schallenberg said on Friday…
Waldorf Production is nearing a deal to acquire oil and gas assets in the British and Dutch North Sea from ONE-Dyas for more than $1 billion, industry sources said on Friday.Under the terms of the emerging deal, private equity-backed Waldorf…
France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country's drive for carbon neutrality by 2050.Macron said the new plants would…
Offshore accommodation rig provider Floatel International has awarded a contract to Semco Maritime for service work on the semi-submersible accommodation unit Floatel Superior.Semco said that the harsh environment accommodation rig is expected to dock at Hanøytangen in Norway…
Norwegian offshore vessel owner Solstad Offshore has this week sold two anchor handling tug and supply vessels, in line with its objective to reduce fleet size to a level of 80-90 vesselsThrough its subsidiary Solstad Rederi AS, the company sold the AHTS Normand Master and Normand Mariner…
Norwegian energy industry services provider Aker Solutions has won a three-year contract extension to a maintenance and modifications frame agreement it has with Equinor.'The agreement for work on oil and gas installations offshore Norway represents a very large order intake for Aker Solutions…
High Speed Offshore Service Craft operating in the UK are now allowed to transport up to 60 workers, the UK Maritime and Coastguard Agency said Wednesday.According to MCA, the change will mean that vessels transporting those who work on offshore…
Norwegian oil and gas company Equinor has received consent from Norway's oil and gas industry safety body the Petroleum Safety Authority (PSA) for disposal of the facilities on the Veslefrikk field in the North Sea.'Equinor has applied to the…