East Mediterranean gas reserves can help ease Europe's energy crunch but require funding from institutions like the European Bank for Reconstruction and Development and the European Investment Bank to realise the area's full potential, an official said on Friday…
The Dutch FPSO leasing specialist SBM Offshore said Friday the construction of the topside modules had kicked off in Singapore for one of the company's largest-ever FPSO units, the One Guyana FPSO.'During September this year, two steel strike…
Norway police on Friday investigated reports of a drone flying over the Kaarstoe [Kårstø] gas plant in southwest Norway on Thursday, while in Arctic Norway a Russian-Israeli citizen was arrested when police found two drones in his car.The Norwegian…
Offshore drilling company Transocean sent out its quarterly rig fleet status report on Thursday. In it, Transocean said it had won contracts worth a total of $1.6 billion during the quarter.Transocean secured contracts for the following rigs…
Lebanon's caretaker energy minister said on Friday that Qatar has expressed an interest in joining a consortium involving Eni and TotalEnergies that is exploring for oil in the eastern Mediterranean sea.A post on the official cabinet Twitter account…
Offshore helicopter services firm NHV Group has won a helicopter services contract in the Central North Sea with INEOS FPS.Under the five-year deal, which takes effect at the beginning of November, NHV will perform helicopter flights to the Forties Unity from NHV Aberdeen…
Half of the 114 offshore wind turbines which will make up Scotland’s largest offshore wind farm, Seagreen, have now been installed in the North Sea off the east coast of Scotland, SSE Renewables said this week, adding that a record has been…
German offshore wind farm developer RWE has selected two preferred suppliers for the electrical transmission system and entered into early works agreements in relation to the construction of the Thor offshore wind farm in Denmark.With a planned capacity of 1…
Equinor, a Norwegian oil company, said on Friday that it had recently awarded six offshore vessel contracts to five shipowners. The total value of the contracts, including options, is estimated to be more than NOK 2.5 billion ($235,6 million)…
The Swedish floating wind technology specialist Hexicon has obtained maritime priority rights for two offshore wind concessions in Italy, where it is operating through its joint venture, AvenHexicon Srl, with local partner Avapa Energy Srl. Earlier this year…
Prosafe has signed a firm contract with an unnamed major oil and gas company to provide accommodation services using the Safe Concordia semi-submersible rig in the U.S. Gulf of Mexico.The contract has a firm length of 330 days, with options for up to 6 months…
Marine Power Systems from the UK is working with WavEC from Portugal to set up its modular floating offshore wind platform in the north of Portugal. 'Floating offshore wind is increasingly featuring in government decarbonization targets around the world and Portugal is no exception…
Britain is offering an additional 34 exploration blocks to its first oil and gas exploration licensing round since 2019, the North Sea Transition Authority (NSTA) said on Thursday. On Oct. 7, the NSTA initially offered 898 blocks, encouraging applications…
Equinor's latest platform in Brazil, Peregrino C, produced its first oil on October 10 at around 20:00 local time.Peregrino phase 2 will extend the life of the Peregrino field to 2040. Phase 2 adds 250–300 million barrels of oil, while at the…
Norway-based Kongsberg Group said Thursday it had set up Kongsberg Renewables Technologies to strengthen the group's offering and presence within the renewables sector. Geir Håøy, CEO of Kongsberg, said: 'Kongsberg is a leading global ocean…