FMC Technologies and Technip been cleared by the European Commission to go ahead with a merger. The firms are set to combine, with shareholders due to vote on the move, announced back in May, on 5 December. Clearance decisions have…
Maersk Oil is to drop its heavy oil Bagpuss and Blofeld License, P.1943, in the UK North Sea, according to partner North Sea Energy. The move follows UK independent Premier Oil resigning as operator on the Bagpuss joint venture, effective at the end of this year…
Statoil reported a fire on the Scarabeo 5 drilling rig in the Njord field in the Norwegian Sea. Image of the Scarabeo 5, from Saipem. As of 20:30, Statoil said that there are…
Eni and General Electric (GE) have entered an agreement to develop renewable energy projects and hybrid solutions with a focus on energy efficiency. Through this agreement, Eni and GE intend to jointly identify and develop large-scale power generation projects from renewable energy sources…
Electricity has been generated for the first time at Burbo Bank Extension offshore wind farm, a joint venture between DONG Energy (50%) and its partners PKA (25%) and KIRKBI (25%). With the initial turbines recently installed, power…
In this video from Shell, the supermajor shows its efforts, along with six other major oil and gas companies, to invest US$1 billion to reduce methane emissions and accelerate deployment of carbon capture utilization and storage. The companies…
A steering group of offshore companies working together to explore opportunities to maximize remaining gas reserves in the Southern North Sea (SNS) has been appointed. A mix of operators, duty holders, service businesses and supply chain…
Offshore accommodation and workspace solutions specialist HB Rentals has secured contracts in excess of US$1.25 million for the manufacture of workshops, local equipment rooms and pressurized offshore service modules for multiple clients…
Sweden's Lundin has made a ca. 25-60 MMboe oil and gas discovery on the Loppa High, 20km east of the Johan Castberg discovery in the Norwegian Barents Sea. The well, 7220/6-2 R, was drilled on the Neiden prospect in production license 609…
Noble Corp. has appointed Adam C. Peakes, 43, as the company’s new senior vice president and chief financial officer, effective 23 January 2017. The announcement comes nine months after previous CFO James A. MacLennan resigned in late-February…
UK independent EnQuest has brought its Scolty and Crathes development in the UK North Sea onstream. The firm also confirmed sailaway of the US$2.6 billion Kraken development floating production, storage and offloading vessel is due in coming days…
Utility ROV Services (URS) has developed a new Mattress Recovery Tool (MRT) for the oil and gas decommissioning market. The tool has been designed to recover concrete mattresses that have been installed extensively in oil and gas fields to protect subsea piping…
Hurricane Energy was awarded the P2308 licence (Halifax) offshore the UK by the Oil and Gas Authority in an out of round application. The licence is contiguous to, and extends north east from, Hurricane’s existing Lancaster licence. The…
Accommodation provider Prosafe has been hit with an order from the Norwegian Petroleum Safety Authority (PSA) after failing to remedy non-compliances found during an inspection. The PSA carried out an inspection on the Safe Scandinavia in September this year…
Perpetuus Tidal Energy Centre (PTEC) has announced major partnerships with global tidal turbine manufacturers, Schottel Hydro and Tocardo Tidal Turbines. PTEC is a 30 MW tidal tidal energy generation project being created off the Isle of Wight…