Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The…
Russian firm Sovcomflot has returned the offshore seismic vessel Ivan Gubkin to its owner Polarcus.The 14-streamer 3D seismic vessel - originally named Polarcus Amani - had been on a charter with Sovcomflot since 2017 and should've stayed with Sovcomflot for five and a half years…
Lundin Energy has raised its reserve estimate for Norway's Edvard Grieg oilfield by 50 million barrels of crude, an increase of 17%, and boosted output plans for the coming years, the Swedish company said on Tuesday.So-called plateau production…
Norwegian energy intelligence company Rystad expects that the market demand for large-diameter offshore pipelines, known as trunklines, will see an annual drop of 26% this year.According to Rystad, the length of total installations this year is forecasted to reach 2…
Norwegian oil and gas company Equinor has discovered oil and gas at its Swisher prospect in the North Sea, offshore Norway.Recoverable resources are estimated to be in the range of 2-6 million standard cubic meters of oil equivalent, or around to 13-38 million barrels of oil equivalent…
A fire at Equinor's Melkoeya liquefied natural gas (LNG) plant in the north of Norway halted output on Monday but caused no injuries, police and the company said.Images on local media showed plumes of smoke rising from the plant, but the fire was eventually put out…
Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches in assessing the appetite for investment in traditional offshore oil and gas today: “The money has disappeared; nobody wants to invest in oil and gas anymore…
UK-based engineering company Sea and Land Project Engineering (SLPE) has won the bid for the provision of a wind turbine foundation concept design for the Inch Cape offshore wind farm in Scotland, UK.The Inch Cape offshore wind farm project is being developed by Red Rock Power Limited subsidiary…
Renewables giant RWE has, together with its partners, signed agreements in the UK to expand the existing offshore wind farms Gwynt y Môr, Galloper, Greater Gabbard, and Rampion. The granted seabed leases comprise extension projects with a combined potential installed capacity of around 1…
Wintershall Noordzee has completed the drilling of a well at the Sillimanite South field discovery in the Dutch North Sea, and converted it into a development sidetrack.It was the third well drilled in sequence after the two Sillimanite Unit…
Swedish power company Vattenfall has inaugurated its first floating solar farm in Gendringen, the Netherlands.The solar farm, with a capacity of 1.2 megawatts, was built on the site of the sand and gravel extraction company Netterden.'This means that from now on…
The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources…
Two new jackets have been installed at the Total-operated Tyra redevelopment project offshore Denmark, Noreco, a partner in the project has informed.The Tyra field located 225km west of Esbjerg, Denmark, is the largest gas condensate field in the Danish Sector of the North Sea…
Offshore construction works are expected to begin next month at Ørsted’s Hornsea Two giant offshore wind farm project in the UK.Ørsted’s Hornsea Two wind farm will surpass its predecessor Hornsea One by generating 1.4 GW of electricity once complete in 2022…
Norwegian oil company Equinor is set to develop the Breidablikk, dubbed one of the largest undeveloped oil discoveries on the Norwegian continental shelf.The company said Monday morning that it would, together with its partners Petoro, Vår Energi…