The Norwegian authorities have approved the start-up of production on the Hanz accumulation on the Ivar Aasen field in the North Sea.The development solution involves reusing the subsea installations on the Jette field, which was shut down in 2016…
BP has started production from the East North flank of the Shah Deniz field in Azerbaijan, which is one of the largest gas-condensate fields in the world and the largest gas discovery ever made by BP.The East North flank, part of Shah Deniz 2 development…
The U.S. Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the proposed 2.6 GW New England Wind project offshore Massachusetts, being proposed by Avangrid’s unit Park City Wind.BOEM estimates the proposed project would generate up to 2…
Shell Nigeria Exploration and Production Company (SNEPCo) has performed the first remotely controlled well completion operation at Bonga field, offshore Nigeria.The operation was conducted at the Bonga field, in 1,060 meters water depth. The…
Offshore drilling contractor Noble Corporation has secured a one-well contract with Norwegian oil and gas company DNO Norge for its ultra-harsh environment jack-up rig Noble Invincible.DNO Norge will use the Noble Invincible rig to drill an exploration well on PL1086 license…
Australia's top oil and gas explorer Woodside Energy posted a 37% drop in annual underlying profit on Tuesday, as lower realised prices for its products offset higher sales and production.Oil and natural gas prices softened in 2023, as slowing…
Exxon Mobil Corp said on Monday it may preempt Chevron Corp's acquisition of a 30% stake in a giant Guyana oil block, the centerpiece of its deal for Hess Corp.The companies are in talks on Exxon's claim it has a right to first refusal of any sale of the Stabroek block…
Balmoral Comtec, a division of Balmoral Group and a key player in the offshore energy supply chain, announced it has appointed Dr. Alan Lowdon OBE as nonexecutive director, in move aiming to strategic Balmoral's offshore wind ambition.Lowdon…
Siemens Gamesa has produced the first nacelles for over 14 MW-rated offshore wind turbines that will be deployed at Moray West offshore wind farm in Scotland.The nacelles were produced at Siemens Gamesa’s Cuxhaven factory in Germany. According to the company…
Lighting solutions specialist Glamox has won a contract from PGS to provide marine LED lighting for eight of its vessels that undertake seismic surveys of the seabed.This first phase of the major retrofit project will involve replacing fluorescent tube lighting with around 2…
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar) to explore and implement renewable energy systems across its global port operations in the Middle East and Africa.The agreement aims to facilitate the…
The Kremlin said on Monday that a decision by Denmark to drop its investigation into the 2022 Nord Stream 2 pipeline explosions was 'close to absurdity.'Kremlin spokesman Dmitry Peskov said that Denmark had recognized that the blasts had been an act of premeditated sabotage…
Denmark on Monday said it had dropped its investigation into the explosions in 2022 on the Nord Stream pipelines carrying Russian gas to Germany, becoming the second nation to do so after neighboring Sweden closed its own inquiry.The multi-billion…
Norwegian vessel owner Solstad Offshore has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018…
Malaysia-based offshore services firm Sapura Energy has teamed up with AF Offshore Decom to launch Kitar Solutions, in a strategic move to address the growing market need for integrated decommissioning services in Southeast Asia.Kitar Solutions…