A planned strike [this week] by Norwegian energy sector workers could cut the country's gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers' group the Norwegian Oil and Gas Association (NOG) said on Sunday.Oil output could be cut by 130…
Norwegian oil and gas company Aker BP has taken over Lundin Energy's oil and gas operations, creating the second largest operating oil and gas company on the Norwegian continental shelf.Aker BP said in December 2021 it had agreed to acquire Lundin Energy's oil and gas business…
Oil and gas company Lime Petroleum has signed an agreement with Vår Energi to farm down by 10 per cent, Lime’s 40 per cent interests in licenses PL820 S and PL 820 SB in the North Sea.Lime had on April 14, 2022 signed an agreement to acquire MOL Norge 40 per cent interests in the said licenses…
Norwegian company TGS has acquired Prediktor AS, a provider of asset management and real-time data management solutions to renewable and energy asset owners.'Established in 1995, the company has carried out thousands of installations on mission…
Oil and gas company Longboat Energy has completed the farm-in into two OMV's near-term, gas weighted exploration prospects on the Norwegian Continental Shelf ('NCS') targeting combined gross unrisked mean prospective resources of 223 mmboe of which 45 mmboe net to Longboat)…
Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%.'The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results…
Some 74 Norwegian offshore oil workers at Equinor's Gudrun, Oseberg South and Oseberg East offshore platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway's oil production.The announcement by Lederne…
Norwegian oil and gas company Vår Energi on Thursday signed strategic partnership agreements with Aker Solutions AS, Havfram, and Saipem for SPS/SURF deliveries, in preparation for record high activity level on the Norwegian Continental Shelf (NCS)…
Members of the Lederne labour union representing Norwegian oil workers have voted against a wage deal negotiated with oil companies, a state-appointed mediator said on Thursday.It was not immediately clear if Lederne's members would go on strike as a result of the vote…
Offshore installation contractor Seajacks said Wednesday it had signed three new contracts for work on the 3.6GW Dogger Bank wind farm in the UK.Dogger Bank will use one of the Seajacks self-propelled NG2500X class jack-up vessels to accommodate…
Subsea and hydrographic survey services firm Rovco has signed a contract with the Dutch marine services contractor Van Oord to carry out subsea investigation works on Dutch offshore wind farm Hollandse Kust Noord. Rovco will perform an unexploded…
Wales’ largest electricity producer RWE has entered a partnership with steel maker Tata Steel to explore the production of steel components that could be used in gigawatt-scale floating offshore wind projects in the Celtic Sea.'The co-operation…
Norwegian seismic data acquisition and processing company TGS is set to acquire all shares of the Norwegian ocean bottom node survey specialist Magseis Fairfield.TGS will put forward a voluntary exchange offer to acquire all shares of Magseis…
Norway must do more to prepare for a decline in its dominant oil and gas industry in the coming decades as other nations start to free themselves from petroleum dependence, the International Energy Agency (IEA) says in a new report.Western Europe's…
A consortium of sellers, including Van Oord, has sold its shares in the Borssele V innovation offshore wind farm to Octopus Energy Generation, one of the largest renewable energy investors in Europe. Designated an innovation site, the Borssele…