ConocoPhillips on Tuesday announced a 'significant' new oil discovery in the Norwegian Sea.The discovery was made in production license 891 on the Slagugle prospect located 14 miles north-northeast of the Heidrun Field in the Norwegian Sea.…
Norwegian oil firm Equinor has, with its partners, decided to invest around NOK 3 billion (USD345,8 million) to boost recovery from the Statfjord Øst offshore field by 23 million barrels of oil equivalent.Statfjord Øst, sitting in the North Sea…
Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement, and management assistance to realize the CO2 capture plant at Norcem’s cement factory in Brevik, Norway.The project, part of Norway's Longship project…
Norwegian energy services company Aker Solutions has won a letter of intent with Shell in Norway for work on the Ormen Lange Phase 3 (OLP3) onshore project. Ormen Lange is a field in the Norwegian Sea.Under the scope of the letter of intent…
Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.In an update ahead of its fourth-quarter results on February 4…
Iberdrola said on Friday it had bought a 50% stake in North and Baltic Sea wind farm company Sea Wind for an undisclosed sum to jointly develop a portfolio of offshore projects in Poland, a new market for the Spanish group.The two companies…
Offshore vessel operator DOF Subsea has said it has secured several new contracts in the North Sea, Mediterranean, and Africa, however, without sharing the clients' identity.DOF Subsea said Friday that contracted work included a number of turnkey…
Norway's Havyard has delivered the Esvagt Schelde offshore wind service vessel, built for the Danish shipowner Esvagt.The vessel that was handed over on Friday is the last in a record series, but also the first in a new series to be delivered to Esvagt…
Offshore drilling services company Odfjell Drilling has won a four-year extension to its drilling services deal with oil company Wintershall Dea on the Brage platform in Norway.The two companies had signed a four-year firm deal in mid-December 2016…
The Norwegian Petroleum Directorate has approved the start-up of a subsea installation with two new wells on the Neptune Energy-operated Gjøa field in the North Sea, off Norway.Neptune Energy estimates the project will add 2.4 million standard cubic meters of oil equivalent (15 million bbls o…
Oslo-listed marine seismic company Polarcus has signed a memorandum of agreement with Sovcomflot for the use of one of its survey vessels on a project in the Far East.The company said Friday the contract was signed with SCF GEO, a Sovcomflot Group firm…
Norwegian oil and gas firm Equinor has exercised its option to extend the contract for Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig.Odfjell Drilling said Friday that Equinor had exercised its right to add two new wells to the rig's contract…
Norwegian oil and gas company Aker BP has decided to develop the Gråsel (Gray Seal) discovery in the Norwegian Sea. Aker BP, with its Skarv field partners Equinor, Wintershall Dea and PGNiG approved the final investment decision for the Gråsel development on December 17…
GE Renewable Energy has been confirmed as the preferred turbine supplier for Dogger Bank C offshore wind farm in the UK.The 1.2 GW third phase of the 3.6 GW Dogger Bank wind farm owned by Equinor and SSE will become the world’s largest offshore wind farm when complete in 2026…
Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…