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…
Venezuelan state oil company Petroleos de Venezuela has begun transferring crude off of an offshore oil facility where governments in two neighboring countries have voiced concerns about a potential spill, two people familiar with the matter said on Tuesday…
Ocean bottom seismic firm Magseis Fairfield has won a deepwater Ocean Bottom Node (OBN) monitor survey in the US Gulf of Mexico.The survey is expected to start in the first quarter of 2021 and run for approximately three months.Magseis Fairfield did not say who the client was…
U.S. President-elect Joe Biden is close to announcing a slate of Cabinet nominees who will be central to his administration’s sweeping plan to fight climate change, according to sources familiar with the matter.The picks include a diverse list of nominees to head the departments of Energy…
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…
2020 has been dismal for upstream dealmakers across Asia Pacific. During a recent conversation with a senior banker in the region, I mentioned that deal activity was so poor this year that as of October, only a sliver over US$400 million and 117 million boe of 2P resources had transacted (vs US$5…
SJI, a Folsom, New Jersey-based energy services holding company has entered a partnership with offshore wind developer Atlantic Shores Offshore Wind to collaborate on a green hydrogen pilot program.The collaboration will research, monitor, and…
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…
The Netherlands and Denmark have signed an agreement of intent in which they agree to have power and energy network operators TenneT, Gasunie and Energinet carry out further research into a joint energy hub in the North Sea.Eric Wiebes, Dutch…
Norwegian energy company Equinor has appointed Ulrica Fearn as its chief financial officer (CFO) and executive vice president. Fearn's appointment will take effect on June 16, 2021. She will succeed acting CFO Svein Skeie, who will become senior vice president CFO Performance Management and Risk…
Cenovus Energy Inc's C$6.07 billion ($4.78 billion)deal to buy Husky Energy Inc was approved by the shareholders of the two companies on Tuesday, creating Canada's No. 3 oil and gas producer in a rapidly consolidating industry.Cenovus said 93%…
Oceaneering has been awarded a connector supply contract from TechnipFMC to provide 2-inch M5 Connectors and Chemical Throttle Valves (CTV) for Murphy Oil's Khaleesi/Mormont and Samurai tieback project in the U.S. Gulf of Mexico (GoM).Oceaneering…
Swiss-based digital twin technology has signed a three-year Enterprise Framework Agreement (EFA) with Shell for the use of its structural digital twin technology.'The EFA will see Akselos become one of the global energy company’s verified suppliers for structural integrity assessments…