Belgium-based offshore installation contractor Deme said Tuesday it had joined the European Clean Hydrogen Alliance. The alliance supports the EU’s ambitious hydrogen and decarbonization strategy.'With this membership Deme underlines its commitment to using its expertise for the production…
Norwegian oil and gas company Equinor plans to use Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig to drill at its Breidablikk project in the North Sea offshore Norway.The Breidablikk field, for which the plan for development and operation was submitted last month…
Swedish oil company Lundin Energy is expanding its oil and gas acreage in Norway through the acquisition of Idemitsu Petroleum's Barents Sea assets, including a stake in the Wisting oil discovery, for $125 million.Under the agreement announced Monday…
Offshore wind developer Ørsted and fertilizer company Yara have entered a joint project aimed at producing ammonia from renewable hydrogen instead of fossil hydrogen in the Netherlands.The two companies say their project had the potential to reduce more than 100…
Oil and gas company Neptune Energy has created a business branch named New Energy and has appointed Pierre Girard as a director who will lead it.Neptune announced in August the formation of a New Energy team to scale partnerships and investments in low carbon technologies…
The Turkish drillship Yavuz has left the area where it was operating southwest of Cyprus and reached the Turkish coast, Refinitiv Eikon shipping data showed on Monday, in a move that may help ease tensions in the eastern Mediterranean.Cyprus'…
Offshore wind turbine maker MHI Vestas Offshore Wind has been selected by Qair as the preferred wind turbine supplier for the EolMed floating project in the Mediterranean Sea, to be located about 18 km off the coast of Gruissan in the Aude region…
UK-based oil firm Independent Oil and Gas will not be pursuing the takeover of rival Deltic Energy after initially announcing its interest in a potential all-stock transaction last month.However, IOG on Monday said it did not intend to make an offer to acquire Deltic…
Energy major Equinor shut four of its Norwegian offshore oil and gas fields on Monday as its workers expanded their strike, a company spokesman told Reuters.Two more fields operated by Neptune Energy and Wintershall Dea also face likely shutdowns on Monday because of the strike…
Norwegian energy company Equinor has extended the contract for the 2010-built Skandi Vega anchor handler, owned by DOF.DOF, which employs 3,500 people worldwide, said Thursday that Equinor had declared an option to extend the firm period of Skandi Vega from 6 months to 2 years…
The escalation of a strike among offshore oil workers in Norway could affect production from six fields with a total output of 330,000 barrels of oil equivalent per day (boepd), the Norwegian Oil and Gas Association (NOG) said on Friday.Norway's…
German oil company Wintershall Dea has said it has switched the power supply to the Mittelplate Drilling and Production island in the Schleswig-Holstein Wadden Sea National Park in Germany to '100-percent certified electricity from renewable sources…
Norwegian oil and gas firm Equinor plans to cut its exploration staff by about 30% globally by 2023 to reduce costs as the COVID-19 pandemic reduces demand for petroleum, the company said on Friday.Equinor said it wanted to focus on selected areas when searching for new oil and gas resources…
Margareth Øvrum, Executive Vice President of Equinor's Development and Production Brazil business, has joined the oilfield services firm TechnipFMC's Board of Directors, effective October 1, 2020.Øvrum, 62, has over 38 years of experience at the Norwegian energy giant…
Norwegian oil company Aker BP is ready to start production from the first phase of its Ærfugl gas and condensate field in the Norwegian Sea, the Norwegian Petroleum Directorate said Friday.Ærfugl will be developed in two phases, both with three wells…