Since the outbreak of the coronavirus pandemic, some countries have announced significant spending pledges to support a green recovery. Germany leads the way with a €40 billion (£36 billion) commitment to climate-related spending. The UK government’s plans…
The recent downgrade of Hurricane Energy's Lancaster field recoverable reserves estimates has led Norwegian energy intelligence Rystad Energy to revise its expectations for the UKCS overall and say that the basin might never again hit output…
Heerema Marine Contractors has completed the installation of Premier Oil's Tolmount platform in the UK North Sea, using its giant semi-submersible crane vessel, the Sleipnir.As part of the project in the Southern North Sea, Heerema installed the 2…
Norwegian oil and gas company OKEA has received approval to acquire offshore blocks in the North Sea in Norway containing the Aurora gas discovery.OKEA announced the agreement to buy Equinor’s 40% operated working interest in PL195 and PL195 B…
Microsoft has signed an agreement with the Norwegian oil and gas giant Equinor to explore ways to support the Northern Lights carbon capture and storage (CCS) project which will store CO2 2,600 meters below the seabed offshore Norway.Microsoft…
The Norwegian offshore oil and gas safety body PSA Norway has launched a probe into another offshore incident and has warned that the coronavirus pandemic may have lead to a hike in the number of serious incidents, and a record number of PSA investigations - eleven so far this year…
Engineering services giant Wood has secured a contract to support Equinor's operations at the Mariner field in the UK Continental Shelf (UKCS).Under the three-year deal, Wood will deliver operations, maintenance, modifications, and offshore…
Blue Ocean Seismic Services, a company that describes itself as 'the marine seismic survey disruptor,' has secured a total of £10 million of Series A investment from bp Ventures, Woodside Energy, and Blue Ocean Monitoring.The company will use…
Jack-up drilling rig contractor Borr Drilling has appointed Christoph Bausch as its new Chief Financial Officer, replacing Francis Millet with effect from November 1, 2020.Previously, Bausch served as Executive Vice President and Chief Financial Officer of Weatherford…
Oil major BP has confirmed plans to start shipping natural gas from Azerbaijan to Europe by the end of the year, as concerns about the military conflict over the Nagorno-Karabakh region have heightened.Armenia and Azerbaijan have been involved…
Dutch tidal power specialist Tocardo has agreed to buy the 1.25MW Oosterschelde Tidal Power Plant, dubbed the largest tidal array in the world. . The plant is installed on the Dutch Oosterscheldekering surge barrier.The Oosterschelde Tidal Power Plant consists of five T-2 tidal turbines…
Norwegian shipbuilder and vessel design group Ulstein announced Tuesday that its CFO Cathrine Kristiseter Marti has been promoted to replace long-serving CEO Gunvor Ulstein, who has decided to step down.Marti will take over as CEO on November 2 after six years as Ulstein Group's CFO…
Maritime classification and services company DNV GL led a pilot project with the Norwegian oil firm Aker BP to remotely inspect three offshore cranes on the Norwegian Continental Shelf.DNV GL performed remote safety inspections of one box boom…
Dutch marine and offshore services contractor Van Oord has won a contract to design and carry out the removal of silt from the Averijhaven depot in IJmuiden, The Netherlands, creating space for what will eventually become an energy port for offshore wind…
Offshore geoscience and geotechnical engineering consultancy, Cathie and the British Geological Survey have won a contract with offshore wind developer SSE Renewables to develop a ground model for the FEED design of Berwick Bank and Marr Bank offshore wind farms in Scotland…