Norwegian oil and gas firm Equinor has exercised its option to extend the contract for Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig.Odfjell Drilling said Friday that Equinor had exercised its right to add two new wells to the rig's contract…
Norwegian oil and gas company Aker BP has decided to develop the Gråsel (Gray Seal) discovery in the Norwegian Sea. Aker BP, with its Skarv field partners Equinor, Wintershall Dea and PGNiG approved the final investment decision for the Gråsel development on December 17…
GE Renewable Energy has been confirmed as the preferred turbine supplier for Dogger Bank C offshore wind farm in the UK.The 1.2 GW third phase of the 3.6 GW Dogger Bank wind farm owned by Equinor and SSE will become the world’s largest offshore wind farm when complete in 2026…
Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…
UK-based Ineos, one of the world's largest chemical producers, has struck a ten-year power purchase deal in Belgium with RWE Supply & Trading. Electricity will come from an offshore wind farm.,Starting from 2021, Ineos will buy 198 gigawatt-hours of green electricity per year from RWE…
GE Renewable Energy Offshore Wind (GE) has ordered two crew transfer vessels destined to serve the Saint-Nazaire offshore wind farm in France.GE has ordered the vessels from Louis Dreyfus Armateurs and Tidal Transit. The two crew transfer vessels…
Danish drilling contractor Maersk Drilling's Maersk Intrepid jack-up drilling unit, recently converted to a hybrid, low-emission rig, has in its first month of operation since the upgrade, seen its CO2 emissions drop by 25%, and NOx by 95%, according to the rig owner…
Norway's Solstad Offshore said Thursday it had secured contracts for three platform supply vessels, two in the North Sea, and one in Suriname.Platform supply vessel Normand Surfer has been awarded a long-term contract with an unnamed company in the North Sea…
Equinor has awarded key contracts for the Northern Lights carbon capture and storage project in Norway to Aker Solutions. The contract awards come just days after the Norwegian Government announced its funding decision for the Northern Lights project…
Offshore seismic surveyor Shearwater GeoServices has signed new debt and guarantee facilities totaling $437 million, as part of the planned refinancing of the company’s maturing debt. The new facilities include the refinancing of the USD 325…
Construction has started on the Operations and Maintenance base at Montrose Port which will service the recently sanctioned Seagreen offshore wind farm which will be located off the coast of Scotland, UK.Montrose Port was selected by SSE Renewables…
Offshore helicopter services provider NHV Group on Wednesday announced the sale of its remaining H155 helicopters to HeliGlobe (Denmark). The brokerage company entered into the agreement on behalf of their client Air Greenland, NHV said.According to NHV…
UK-based oil and gas company Premier Oil, which is set to merge with rival Chrysaor, said Wednesday that its CEO Tony Durrant had stepped down from the Board of Directors, and would step down as CEO at the end of the month.Richard Rose will be the Interim Chief Executive from January 1…
The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.The EU's 'TEN-E' rules define which cross-border energy projects are eligible…
Norwegian oilfield services provider Aker Solutions has won a contract for the hook-up of the fifth platform on the Johan Sverdrup field, offshore Norway.According to Equinor, the operator of the field, at peak the contract will provide jobs for around 1…