Norwegian oilfield services provider Aker Solutions has won a contract for the hook-up of the fifth platform on the Johan Sverdrup field, offshore Norway.According to Equinor, the operator of the field, at peak the contract will provide jobs for around 1…
The Netherlands and Denmark have signed an agreement of intent in which they agree to have power and energy network operators TenneT, Gasunie and Energinet carry out further research into a joint energy hub in the North Sea.Eric Wiebes, Dutch…
Cenovus Energy Inc's C$6.07 billion ($4.78 billion)deal to buy Husky Energy Inc was approved by the shareholders of the two companies on Tuesday, creating Canada's No. 3 oil and gas producer in a rapidly consolidating industry.Cenovus said 93%…
Oceaneering has been awarded a connector supply contract from TechnipFMC to provide 2-inch M5 Connectors and Chemical Throttle Valves (CTV) for Murphy Oil's Khaleesi/Mormont and Samurai tieback project in the U.S. Gulf of Mexico (GoM).Oceaneering…
The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.The French oil firm is one of the partners in the Northern Lights project, which…
U.S. oil major ExxonMobil has signed an offshore vessel supply agreement with the Norwegian company Solstad Offshore.Solstad Offshore said Thursday that it had entered into a so-called frame agreement with ExxonMobil's Brazilian subsidiary ExxonMobil Exploração Brasil Ltda…
Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.An alleged nerve agent attack on Kremlin…
Germany and Denmark pledged on Monday to cooperate more closely on joint offshore wind power development via clusters in the North and Baltic Seas to spur renewable power and hydrogen production.The planned cooperation marks an important step…
Turkey will not abandon its rights and interests in the eastern Mediterranean because of possible European Union sanctions or criticism, Foreign Minister Mevlut Cavusoglu said on Monday.At a summit on Friday, EU leaders agreed to prepare limited…
Offshore drilling company Dolphin Drilling said Tuesday that its Blackford Dolphin semi-submersible drilling rig had completed inspection and started a contract with Pemex in Mexico.'We are delighted to announce that on Thursday, 3rd December 2020…
Japan plans to install between 30 gigawatts and 45 gigawatts of offshore wind power by 2040 to reduce emissions and meet a target to achieve carbon neutrality by the year 2050, the Asahi newspaper reported on Tuesday, without citing sources…
UK Prime Minister Boris Johnson said over the weekend the government would end direct support for the fossil fuel energy sector overseas.In what the PM office said was a major policy shift, the UK will end taxpayer support for fossil fuel projects overseas 'as soon as possible…
Oil major Exxon Mobil Corp said on Monday it planned to reduce its greenhouse gas emissions over the next five years, as investors and climate change campaigners ratchet up the pressure for action to limit global warming.The move comes after…
Danish Energy Agency has approved Vattenfall's environmental assessment and construction plans for offshore wind farms Vesterhav Syd and Nord.Vattenfall can now begin the next stage of work on the offshore wind farms, which will produce electricity equivalent to the annual consumption of 380…
Erik Milito, President National Ocean Industries Association (NOIA), discusses the outlook for traditional oil and gas and emerging renewable offshore energy under the incoming Biden Administration.