Norway's Equinor and German energy group EnBW plan to jointly develop offshore wind farms in Germany, the two companies announced on Friday.Germany, which seeks to cut its reliance on fossil fuel, in November raised its national renewable energy target to 80% of power generation by 2030…
Oslo-listed company Multiconsult has won a contract with the Norwegian oil giant Equinor to deliver detailed engineering of the grid connection for the Snøhvit Future project.The Snøhvit field lies in the central part of the Hammerfest basin in the southern part of the Barents Sea…
Oilfield services firm TechnipFMC said Thursday it had won a 'significant' contract from Equinor to deliver subsea production systems for the Irpa oil and gas project in the Norwegian Sea.For TechnipFMC, a “significant” contract is between $75 million and $250 million…
Bourbon and Horizon Maritime have created a new joint venture that will offer marine services and operations in the North Sea and Canadian offshore markets.Incorporated in Norway, the new company is called Bourbon Horizon, and, according to a press release issued Thursday…
The Norwegian oil company Equinor has completed the drilling of an appraisal well to test a 2009 offshore discovery in the North Sea, off Norway. The appraisal well, 16/2-23 S, came up dry, with traces of hydrocarbons, the Norwegian Petroleum Directorate said…
Spain's Repsol said on Thursday its fourth-quarter adjusted net profit more than doubled, helped by high oil and gas prices, and flagged a big increase in capital spending for this year. Its fourth-quarter profit surged to 2.01 billion euros ($2…
Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commercially growing seaweed in between turbines of offshore wind farms, the company and organizers said on Thursday. The project, led by the non-profit group North Sea Farmers…
Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following a bid by descendants of a former sultanate to enforce a $15-billion award they had won against Malaysia, according to the heirs' lawyer and court documents seen by Reuters…
Norway's oil and gas firms have sharply raised their investment forecasts for 2023 after proposing more than a dozen new projects at the end of last year, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 187…
Houston-based firm SCF Partners has acquired Abedeen-based engineering, procurement and construction (EPC) service provider Global E&C, from Global Energy Group for an undisclosed sum.Global E&C employs more than 1,000 people, with more than…
Norwegian oil firm Equinor has chartered Havila Shipping's Havila Clipper platform supply vessel.Havila Shipping said Wednesday that the contract was for six months. Equinor will have two 2-month extension options after the expiration of the six-month charter…
German utility RWE's trading arm received its first cargo of liquefied natural gas (LNG) at Brunsbuettel port from Abu Dhabi National Oil Company (ADNOC) on Wednesday, saying the gas will be fed into to onshore pipelines from the end of this month…
NATO should hold an emergency meeting to discuss recent findings about September explosions at the Nord Stream gas pipelines, Russia's Foreign Ministry spokeswoman Maria Zakharova said late on Saturday.Investigative journalist Seymour Hersh…
Subsea 7's renewable energy focused subsidiary Seaway 7 said Tuesday it had won a large offshore wind contract. For Seaway 7, “large” contracts are worth between $300 million and $500 million.The client hasn't been named, but the contract is…
About forty offshore installations in the UK North Sea could be affected by strike action by Bilfinger workers beginning in early April 2023, over a pay dispute.Unite the union, a workers' rights union in the UK, said Friday that more than 700…