Norway has awarded four exploration licenses to seven oil companies that include three for the Barents Sea in the Arctic in a sign that the country aims to continue to pump hydrocarbons for decades to come.The awards were part of Norway's so…
Norway’s oil and gas industry is counting on renewable power from hydro plants to cut emissions from its offshore platforms but rival demand from the green economy is putting a spanner in the works.The decision to keep investing in new oil and…
Taiwan's state-owned refiner CPC Corp has started cleaning up an offshore oil spill caused by a pipeline that cracked during the discharging of oil from a vessel at its Talin refinery, the company's spokesman said on Wednesday.The oil leak occurred on Tuesday at 2:18 a…
Dutch offshore installation firm Heerema Marine Contractors said Wednesday its heavy lift vessel Sleipnir had broken records on the Johan Sverdrup Phase 2 development project in Norway.'On June 18, Sleipnir successfully installed the 12,050 metric ton Johan Sverdrup processing platform (P2) jacket…
Offshore drilling contractor Valaris said Tuesday that it had secured work for one of its jack-up drilling rigs off the coast of Qatar.The company said it was awarded a contract with North Oil Company, which will see the VALARIS JU-110 deployed…
UK's Unite union's Scotland unit on Tuesday said talks to prevent industrial action at Sullom Voe Terminal have ended with no movement on the part of Shetland Islands Council (SIC) to resolve the dispute over a long service award.Unless the Council accepts liability…
Singapore-based oil and gas module construction firm Dyna-Mac has said it has won additional work from existing customers, for a total provisional contract sum of S$8.0 million ($5,94 million). Dyna-Mac said it had secured an add-on work scope for an ongoing project in its yard…
BP will be in the hydrocarbons business for decades to come, Chief Executive Bernard Looney told Reuters on Tuesday, while high oil prices are set to make its asset sales and transition to lower-carbon energy easier.Referring to worries that its green strategy could hit profits…
Offshore installation contractor Jan De Nul has completed the installation of 72 wind turbines at Vattenfall's Kriegers Flak offshore wind farm in Denmark.The Siemens Gamesa turbines, at 8.4MW each, will produce enough green electricity for the annual needs of approximately 600…
Malaysia's Serba Dinamik Holdings Bhd will take legal action against its auditor KPMG for negligence and breach of contract, its chairman Mohamed Ilyas Pakeer Mohamed said on Tuesday.KPMG has 'negligently red flagged some issues', he said at a news conference…
Neptune Energy has awarded DNV a contract for the carbon capture and storage (CCS) pipeline materials study which will assess the fracture and suitability of offshore pipelines for reuse in CO2 transport.The pipeline materials analysis is part…
Spain-based floating wind technology developer X1 Wind said Tuesday it had secured a €2.5 million ($2,97 million) grant to launch its first commercial floating wind project.The floating wind technology developer has been allocated the grant…
Norway-based offshore seismic data provider TGS on Monday announced Sophies Resolve Refocus 3D, an OBC and NAZ imaging program in the U.S. Gulf of Mexico.'The program includes approximately 6,175 square kilometers of reprocessed 3D seismic data to provide a high-quality regional product…
Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Monday a planned shutdown on its Piltun-Astokhskaya-B (PA-B) offshore oil and gas production platform had been successfully completed.The PA-B platform was the first this year…
Tekmar Energy said Monday it had secured multiple Cable Protection System (CPS) supply contracts to protect over 1,200MW of new offshore wind generating capacity in China.The contracts will see Tekmar Energy engineer, manufacture, and supply…