The North Sea's biggest oil and gas producer, Harbour Energy, has told the British government that Britain's planned windfall tax on the energy sector will shrink the company's investment in the country.With oil and gas prices soaring and households…
Vår Energi ASA, the largest independent exploration and production company on the Norwegian continental shelf, on Tuesday announced a new organizational structure and management team.CEO Torger Rød said, 'Vår Energi has set a goal to become a net producer of 350…
U.K.-based offshore services firm Briggs Marine said it has secured a contract to deliver crew transfer vessel (CTV) services to the Neart na Gaoithe (NnG) offshore wind farm, currently under construction 15 kilometers off the Fife coast. The project is jointly owned by EDF Renewables UK and ESB…
The Danish company Semco Maritime said Monday it had developed a new pumping system design allowing subsea CO2 storage in the North Sea in connection with Project Greensand.The mission of the project is to store CO2 in the Danish part of the…
Igor Sechin, the head of Russian oil major Rosneft, said on Saturday that BP still remains its largest private shareholder despite having announced its departure in February after Moscow sent troops into Ukraine.Numerous Western companies, including oil majors…
Swedish utility Vattenfall said on Monday it had agreed to buy an 85% stake in two early-stage offshore wind projects off Sweden's west coast from Norwegian wind farm developer Zephyr.State-owned Vattenfall said in a statement it expected the projects to have a combined production capacity of 2…
The leader of a union representing Norwegian oil workers said she would recommend to members a wage deal the union struck with oil companies as it was 'good enough', she told Reuters.Two of three unions that negotiated the agreement last week…
A group of companies working in the offshore energy industry are teaming up in an effort to fast-track the journey toward remotely managed services, including onshore remote operations centers and unmanned surface vehicles (USV).Solstad Offshore…
U.K.-based Chartwell Marine is introducing its expanded range of offshore energy support vessel (OESV) designs ahead of Seawork 2022 this month.The new design range, spanning classes A to D outlined below, offers a foundation for the integration…
Miros’ dry-mounted Wavex was selected by EQUANS to collect operation-critical wave and current data on the offshore substation for the Saint-Brieuc Offshore Wind Farm, Iberdrola's first large-scale and flagship offshore wind power project in Brittany…
The UK-based North Sea Transition Authority (NSTA) on Tuesday launched UK’s first-ever carbon storage licensing round with 13 areas available. 'The new carbon storage areas, alongside the six licences which have been issued previously, could…
Norwegian oil and gas company Equinor has drilled a dry well at the production licence 209, in the Norwegian Sea.The news was shared Wednesday by the Norwegian Petroleum Directorate, which said that Equinor had concluded the drilling of wildcat well 6305/5-C-3 H…
Oilfield services company Petrofac said Tuesday it has been awarded an Integrated Services Provider (ISP) contract by Anasuria Operating Company (AOC).The five-year contract, which has an option to extend, starts in June. Under the deal, Petrofac…
Norway's minority government will remove three Arctic oil exploration blocks from its licensing round as part of a deal with the opposition to secure backing for its 2022 budget.The Norwegian oil industry lobby said it was disappointed by the…
Solstad Rederi AS, a wholly owned subsidiary of Norwegian-based offshore shipowner Solstad Offshore ASA, has sold the platform supply vessel (PSV) Normand Corona.The 85.65-meter-long Normand Corona was built at Kleven Verft in 2006.The vessel was handed over to its new owner on June 14…