Madrid-based integrated offshore operator Repsol is leading a pack of foreign oil companies in Norway that are extracting largely tail-end production in exchange for paying a decommissioning tab or getting a second shot at an older oilfield…
Two subsea templates have been installed for the Wintershall Dea operated Nova project offshore Norway, marking the first operational landmark for the new company formed from the May 1 merger of Wintershall and DEA.The Nova oil field, located in the Norwegian North Sea…
Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019…
Equinor UK Limited has declared one-year options on two Solstad Offshore ASA platform supply vessel (PSV) contracts.The Sea Frost and Sea Falcon (both 2013, PX105 Design) will now be on contract until July 2020 and November 2020 respectively…
Greenpeace activists blocked the entrance to BP's London headquarters on Monday, demanding one of the world's biggest energy companies ends all new oil and gas exploration or goes out of business.Greenpeace activists arrived at the building…
NKT has been awarded the turnkey project from Equinor for the 132 kV high-voltage cable connecting the oil and gas platforms Johan Sverdrup 2 and Gina Krog.Equinor has selected NKT as the turnkey supplier for the high-voltage cable project connecting…
The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said.'The oil exploration well will be plugged and abandoned…
Equinor has resumed crude oil loadings from its Statfjord field in the North Sea following a spill last week, the Norwegian oil and gas company said on Monday.Production from Statfjord remains unaffected, and the offloading of crude is now taking place from an alternative buoy on the field…
Brazilian state-owned oil company Petrobras predicts that the pre-salt slice of its total oil production will rise from the current 49% to up to 60% this year. The company's director of Exploration & Production, Carlos Alberto Pereira de Oliveira…
Belgium-based DEME Offshore announced Friday it has been awarded a contract worth approximately €200 million ($223.3 million) for the transportation and installation of 165 foundations and turbines at Ørsted’s Hornsea Two offshore wind farm in the UK…
Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch Shell Plc, the government said on Friday…
Russian state gas producer Gazprom has discovered two new offshore fields in the Yamal region with total reserves of more than 500 billion cubic meters (bcm), the company said on Friday.The fields are located in the Kara Sea and hold 390.7 bcm and 120…
Authorities say they have finally contained a 14-year oil spill in the US Gulf of Mexico.The US Coast Guard said it worked alongside a team of contractors to deploy a subsea system that successfully contains and collects oil being discharged…
Russia's Nord Stream 2 gas pipeline project to Germany may launch in 2020, rather than the end of 2019, due to delays in obtaining permits from Denmark, Interfax news agency on Friday quoted Nord Stream 2 AG as saying.The Russian-led company…
Offshore wind developer Vattenfall is partnering with manufacturer GE Renewable Energy on developing its 12MW Haliade-X turbine platform to aid bids at future offshore wind capacity auctions.With a capacity of 12MW, it is the largest offshore wind turbine on the market to date…