The Norwegian offshore oil and gas safety regulator, Petroleum Safety Authority Norway (PSA), has launched an investigation into an incident involving serious personal injury on the Linus jack-up drilling rig on November 10, 2022.'An incident…
The UK North Sea still has a lot to offer when it comes to oil and gas reserves yet to be produced. However, unpredictable fiscal conditions are denting the confidence of offshore energy-producing companies to invest and revitalize oil and gas exploration activity…
The UK-based offshore energy industry regulator, the North Sea Transition Authority (NSTA), said Monday it had opened an investigation into an operator suspected of breaching one of its license conditions.The investigation will look into whether…
Marine seismic data acquisition company Magseis Fairfield said Monday it had signed an agreement with a repeat customer for a 4D OBN project in the North Sea with options for additional work. The project is scheduled to start in Q2 2023, with an expected duration of approximately one month…
Dutch-Norwegian floating solar farm developer SolarDuck said Friday it would build the world´s largest hybrid offshore floating solar power plant at the offshore wind farm Hollandse Kust West VII in the Netherlands, following the winning bid of RWE´s subsidiary Oranje Wind Power II…
French oil and gas firm TotalEnergies has awarded Denmark-based Semco Maritime a 5-year contract for the provision of manpower and construction service on offshore installations in the Danish part of the North Sea. The contract covers November 2022 - October 2027…
Any changes to Britain's oil and gas windfall tax law that would remove incentives to invest in the North Sea would make field developments in the ageing basin 'uneconomical', the chairman of newly-listed Ithaca Energy said on Wednesday. Ithaca…
Ithaca Energy shares dipped on their London debut on Wednesday after the North Sea oil and gas producer defied volatile markets to deliver Britain's largest initial public offering (IPO) this year, and Europe's fifth biggest. The shares opened…
A planned initial public offering of North Sea oil and gas producer Ithaca Energy IPO is set to price at the lower end of the previously guided range, bookrunners on the deal said on Monday.The revised price guidance is for between 250 and 270 pence per share…
Singapore-based Sembcorp Marine said Friday its subsidiary Sembmarine SLP had won a Planned Preventative Maintenance (PPM) contract with the Danish offshore wind developer Ørsted for the Hornsea 2 offshore wind farm, one of the world’s largest…
Austrian oil and gas company OMV has made gas/condensate discoveries offshore Norway at the Oswig exploration well 30/5-4S and sidetrack 30/5-4A.The wells were drilled about 10 kilometers northwest of the Oseberg field in the North Sea and 150…
More than 60% of the Port of Aberdeen's £400 million South Harbour development is now operational, marking the project's penultimate construction milestone, the port said in a statement on Thursday.The handover from construction to operations for Dunnottar…
Harbour Energy on Thursday forecast liabilities from the UK's windfall tax on energy companies to be about $400 million this year, and urged the government to 'carefully consider' the consequences of any increase or extension to the scheme. The…
North Sea oil and gas producer Hurricane Energy launched a formal sale process after receiving an unsolicited offer from an unnamed bidder which its board considers too low, it said on Wednesday.Last year, Hurricane effectively gave control…
Ithaca Energy's London listing will be priced at 250 to 310 pence, giving the North Sea oil and gas producer an implied market value of 2.5 billion to 3.1 billion pounds ($2.87 billion to $3.56 billion), bookrunners said on Wednesday. Ithaca…