Oceaneering International said it has secured a contract to provide integrated remotely operated underwater vehicle (ROV) services for Wintershall offshore Norway.The deal covers ROV services for the Northern Drilling Moss Maritime CS-60Mk type drilling unit West Mira…
Dredging, environmental and marine engineering group DEME has signed an agreement with Norwegian energy company Equinor to study floating concrete substructures for the groundbreaking Hywind Tampen floating wind farm.The scope of the front-end…
Norway's Aker BP, an oil firm partly owned by BP, posted on Friday a bigger than expected fall in operating earnings in first quarter, after impairments in the Ula area of the North Sea and higher exploration costs.Chief Executive Karl Johnny…
European tidal stream installations reached 26.8MW, and wave energy installations 11.3MW in 2018, according to yearly statistics published by Ocean Energy Europe.Europe continues to lead the world in ocean energy deployments, and last year its tidal projects produced record volumes of electricity…
Equipment that will be used to monitor the interaction between tidal turbines and marine mammals in the Pentland Firth has been put to the test in Aberdeen.The linear actuators that underwent hydrostatic testing at the Balmoral Subsea Test Center…
Sparrows Group reports it has secured North Sea contract renewals worth an estimated £30 million ($38.6 million) in revenue in the first quarter of 2019.The renewed agreements with two major operators in the UK Continental Shelf (UKCS) are for…
The European Union executive on Thursday said its stance on Nord Stream 2 is law and will not change, despite receiving letter from the gas pipeline threatening legal action if it is not exempt from new energy rules.The bloc amended its energy…
Israel's Delek Group is close to clinching Chevron's oil and gas fields in the British North Sea, which have a price tag of around $2 billion, sources familiar with the matter told Reuters.Delek, via its North Sea oil and gas operator Ithaca Energy…
Royal Dutch Shell is in talks to buy BP's stake in the Shearwater oil and gas field in the British North Sea for around $250 million, three industry sources told Reuters.Shell, the field's operator, announced plans last year to expand a gas hub around Shearwater…
Archer announced Tuesday it has been awarded a contract to provide platform drilling services for Chevron in the UK sector of the North Sea.Under the deal, Archer it will provide offshore operations and maintenance supervision on the Alba Northern and Captain platforms…
It’s official. The North Sea rim is hiring again — in numbers.The independents, the supermajors, Oslo’s national oil champion and the supply chain are hiring 20-something’s looking for “dream jobs”. The oil minnows (super-experienced oil players with skeleton staffs) are also hiring all they need…
TechnipFMC said it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters…
Europe invested a total of EUR27bn (USD 30.34bln) in new wind farms in 2018, allowing it finance a record amount of new wind energy capacity, according to European trade body WindEurope.Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4…
Swedish power company Vattenfall has tapped Seaway 7 for installation work at the Hollandse Kust Zuid (HKZ) 1 & 2 offshore wind farm development offshore the Netherlands.Seaway 7, a subsidiary of Subsea 7, will perform a work scope including…
Chrysaor has reached a deal to acquire ConocoPhillips’ oil and gas exploration and production assets in the UK for $2.675 billion, the companies announced on Thursday.Full-year 2018 production and year-end 2018 proved reserves associated with the assets being sold were approximately 72…