Norway's oil production fell in March from the previous month, missing official forecasts by 4.4% due to technical problems at some fields, the Norwegian Petroleum Directorate said on Friday.The country's crude oil output was down by 4.5% month-on-month from February to 1…
Neodrill, Norway-based pre-rig well construction technology specialist, has appointed Geoff Proud as Business Development Manager for its Conductor Anchor Node (CAN) integrator solution in the UK. Proud, who has 30 years of experience in the oil and gas sector…
Italian oil and gas contractor Saipem said on Wednesday it had pulled its outlook for the year due to growing uncertainty created by the COVID-19 emergency.In a statement, the company said its board had acknowledged the pandemic might trigger a sharp fall in demand and a delay in projects…
Norwegian energy giant Equinor has awarded IKM Testing a long-term contract for work at Johan Castberg FPSO destined for deployment in the Barents Sea, offshore Norway.The scope of work for IKM Testing covers N2/He Leakage testing & PSV calibration and supplementary work related to testing such as…
The UK-focused oil firm Hurricane Energy has said it is very pleased with the performance of its Lancaster Early Production System offshore the UK.Hurricane started up its Lancaster field west of Scotland's Shetland Islands in May 2019, via the Aoka Mizu FPSO…
ScottishPower Renewables has awarded CWind, a UK-based offshore renewables service provider,a contract worth up to £8.2million for work on the East Anglia ONE offshore windfarm. Under the three-year contract, CWind will provide below water services…
Russian oil companies are examining which wells they will cork, looking mainly at mature fields where production was falling anyway and as Moscow needs to deliver its biggest output cut ever to comply with the new global supply deal, sources said…
The final installation of turbines at Parkwind's Northwester 2 offshore wind farm in the Belgium section of the North Sea has been completed.Parkwind completed the final installation of turbines at the Northwester 2 offshore wind farm in a joint operation with MHI Vestas and Jan De Nul Group…
Newly licensed offshore oil and gas exploration acreage is likely to fall by about 60% and onshore acreage by 30% compared with 2019 levels, Rystad Energy has said, as the Norwegian energy market analytics company expects more than half of the…
UK-based subsea and offshore equipment manufacturers Subsea Innovation and Tekmar Energy, part of Tekmar Group, have joined forces to manufacture protective face shields for NHS workers in the North East of England.The protective face shields…
The Hummingbird floating production vessel linked to the 9,000 barrel per day Chestnut oilfield in the British North Sea has resumed operations after a 10-day shut-down due to the impact of coronavirus on its workforce, its operator said on Tuesday…
Swedish company Alfa Laval has said it has won two large orders in the offshore industry space from clients in China and Singapore.Under the orders, of a combined value of around SEK 170 million (USD 17 million), Alfa Laval will deliver Framo…
Offshore engineering company Three60 Energy has been awarded an engineering and support services contract to provide minor modification and repair services for Spirit Energy’s assets on the UK Continental Shelf'Three60 Energy has secured this…
Oslo-listed marine seismic company SeaBird Exploration is working to reduce costs further in the wake of uncertainty caused by low oil prices and COVID-19. The company said that in the worst-case scenario it would target to cut the spending to less than $400…
Norway, Western Europe's largest oil producer, will announce its decision on whether to slash crude output soon, potentially adding its weight to a global push to shore up prices, the energy minister said on Monday.'The agreement among the OPEC+ producer nations is very positive…