Harbour Energy has completed its acquisition of substantially all the subsidiaries of Waldorf Energy Partners and Waldorf Production in the UK, finalizing a transaction that strengthens its position in the UK North Sea.The acquisition, valued at $163 million…
The head of the International Energy Agency has urged the EU to reexamine its opposition to new oil and gas exploration in the Arctic, as Europe seeks to secure its future energy supplies.The European Union currently supports a ban on new drilling…
Electricity generated by the Baltic Power offshore wind farm has been fed to Poland’s national power grid for the first time, marking one of the final stages in the development of the country’s first wind farm in the Baltic Sea.A first turbine has started generating electricity as the 1…
Norway's oil and gas production has been reduced by 2.4 million barrels of oil equivalent (boe) so far this year as a result of an ongoing pay strike by oil service workers, industry group Offshore Norway said on Thursday.Norway produced about 1…
SSEN Transmission has signed a long-term framework agreement with a consortium of Sumitomo Electric and Van Oord to support future high-voltage direct current (HVDC) subsea transmission infrastructure across the north of Scotland.The agreement covers the engineering…
Fugro has secured a contract from Saipem to provide integrated marine survey and inspection services for the Northern Endurance Partnership (NEP), the UK's first carbon capture transportation and storage infrastructure project.Saipem is leading the engineering…
Axess Group has been selected by Golar LNG to carry out maintenance build and integrity management work across two floating liquefied natural gas (FLNG) assets following competitive tender processes.For the MK II FLNG, Axess will provide maintenance build services…
The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells offshore Norway.The first permit is for wellbore 6407/5-3 S in production license 1002, in the Norwegian Sea.Vår Energi operates the license with 42…
The Renewables Infrastructure Group (TRIG) has signed a sale and purchase agreement to divest its 17.5% stake in Scotland's 588 MW Beatrice offshore wind farm for about $207 million (£155 million).The agreement follows TRIG's June 15 announcement that funds managed by Equitix Investment Management…
The PlemCat floating offshore wind test site in the Spanish Mediterranean has secured a favorable Environmental Impact Assessment (EIA), clearing a key regulatory hurdle for deployment of X1 Wind's 8.5 MW X100 platform under the NextFloat project…
OMS Group has started construction of CS Resilience, the third vessel in its next-generation GREAT-Class fleet, with a first steel cutting ceremony held at CRIST's shipyard in Gdynia, Poland.The milestone marks the start of construction of the cable-laying vessel…
Oil prices gained more than 3% on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again…
Well-Safe Solutions has been appointed lead contractor for Apache North Sea’s Beryl Field decommissioning project, expanding the combined scope of its work for Apache to more than 260 wells.The award is the second contract Apache has given Well-Safe Solutions this year…
Solstad Maritime has secured a one-year contract extension for the construction support vessel (CSV) Normand Vision with Ocean Installer, keeping the vessel in operation under the agreement through the end of 2028.The extension will begin in direct continuation of the current agreement…
TechnipFMC has secured a contract from Eni for the Baleine Phase 3 development offshore Côte d’Ivoire, with the award valued at between $75 million and $250 million under the company's contract classification.TechnipFMC will design and manufacture…