Norwegian offshore vessel operator DOF has warned that several of its vessels might be laid up after the end of their current contracts, citing lack of new work opportunities amid the oil price rout and COVID-19 pandemic effects. On a positive note…
UK-based offshore support services provider CWind has signed a long-term charter deal with Dalby Offshore for several offshore vessels that will support offshore wind farms in the UK North Sea.The deal will see CWind immediately add four new…
Royal Dutch Shell has postponed decisions on whether to go ahead with two large oil and gas developments in the Gulf of Mexico and North Sea after oil prices collapsed due to the coronavirus crisis, a company source said on Wednesday.The Anglo…
Germany-based energy firm innogy has sold its offshore installation vessel ‘Seabreeze II’ to Hong Kong-based firm SPIC Ronghe International Financial Leasing Co. Ltd. Richard Sandford, Director of Offshore Investment & Asset Management at innogy…
EnBW Baltic 2 one of Germany’s largest offshore wind farms in the Baltic Sea will soon be serviced from the Danish port of Klintholm on the island of Møn, EnBW said Tuesday. The company has so far had its service team of up to 25 people travel…
The U.S. SEC has closed its investigation into Eni over the Italian oil major's activity in Nigeria and the Congo without recommending further action, Eni said on Wednesday.'Based on the information currently available to the SEC, it is otherwise…
Norwegian oil firm Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea, which is, according to the company, three years ahead of the original plan. The Ærfugl field produces via Skarv FPSO approximately 210 km west of Sandnessjøen…
Norwegian oil and gas company Equinor has informed that its executive vice president Exploration Tim Dodson will step down as executive vice president Exploration, a role he held since 2011.In what Equinor said was a planned change to the leadership of Exploration…
Norway's oil minister reiterated on Tuesday that Western Europe's largest oil producer was soon to conclude whether to cut its output following historical curbs agreed by the OPEC+ group.Brent crude front-month contract fell to $18.10 a barrel on Tuesday…
Scotland-based airline Loganair has been awarded charter deals to fly offshore vessel workers from Poland and Latvia to the UK North Sea area, helping clients resolve offshore crew changes problems caused by COVID-19 pandemic.Logainair said…
Italy's government gave the green light to a third term in office for the chief executives of Italy's top two energy firms Eni and Enel on Tuesday but flagged new chairmen, reflecting an intention to monitor their performances.In its list of candidates for top state-controlled companies…
An offshore worker was injured last week after falling from a height of 3.6 meters aboard the Equinor-operated Oseberg B platform in the North Sea, offshore Norway.The country's offshore safety regulator PSA Norway said Tuesday it had launched…
U.S. oil futures continued to trade in negative territory on Tuesday, after closing down nearly $40 on Monday in their first-ever sub-zero dive, as concerns grew the United States will run out of storage for a glut caused by the coronavirus lockdown…
Shuttle tanker operator KNOT has secured a contract extension for its Torill Knutsen tanker with Italy's Eni.KNOT said Tuesday that Eni had exercised two of its one-year options to extend the time charter of the Torill Knutsen until November 2022…
Dutch company Heerema Fabrication Group has won a contract to build pre-piling templates for the Greater Changhua offshore wind developments in Taiwan.A pre-piling template will be delivered to the company's compatriot Heerema Marine Contractors…