Norwegian oil firm Equinor and its partners have secured regulatory consent to start up facilities and modifications associated with the Troll Phase 3 project in the North Sea offshore Norway.The project is a further development of the Troll field and will produce the gas from Troll Vest…
The United States must speed up project permits if it is to meet the Biden administration's 2030 target for offshore wind power, major developer Orsted said on Thursday.The United States, with just two small offshore wind facilities, has lagged…
Oil and gas companies Jadestone Energy and OMV New Zealand have given themselves more time to complete the transaction related to the Maari offshore field in New Zealand.Singapore-based Jadestone in November 2019 agreed to buy OMV's 69% operated interest in the Maari Project for $50 million…
Northern Ireland-based decommissioning specialist Decom Engineering has said it has developed tools that can make decommissioning in the energy sector greener, faster and safer, and is also looking at business opportunities in the offshore wind sector…
Both chambers of Nigeria's parliament have passed a bill that overhauls nearly every aspect of the country's oil and gas production, putting a project that has been in the works for two decades one step closer to presidential sign-off.Legislators…
The Norwegian oil and gas company OKEA has awarded a 'sizeable' contract to Subsea Integration Alliance, a Subsea 7 - OneSubsea partnership, for the Hasselmus gas field development offshore Norway, Subsea 7 said. Subsea 7 defines a sizeable…
The U.S. government will conduct an environmental review of a potential wind power project off the coast of Virginia, the Biden administration said on Thursday, part of an effort to create tens of thousands of jobs in the business by 2030.Dominion…
Oil and gas major Chevron as the operator of the Gorgon gas project has, with its partners, agreed to proceed with the Jansz-Io Compression (J-IC) project, offshore W. Australia. The investment is estimated at around $4 billion (AU$6 billion)…
Modern American Recycling Services Europe (M.A.R.S) said Thursday it had secured the contract for deconstruction and recycling of Equinor's Veslefrikk B platform in the North Sea, offshore Norway.The Veslefrikk B platform is a semi-submersible production platform…
UK-based offshore services provider James Fisher and Sons has agreed to sell its dive support vessel [Subtech] Paladin.The company has sold the DSV to the Indian offshore services provider Seamec for $17.3 million.'This announcement is in line…
A Dutch court on Wednesday ruled in favor of Inmarsat in a dispute over the use of 5G bandwidth in the Netherlands, ordering the government to suspend a decision to reserve the bandwidth for telecommunications as of Sept. 1, 2022.Inmarsat currently uses the 3…
A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on the package as early as today, members of parliament told Reuters.Legislators have…
Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in the bank's first such high-profile deal in the emirate since 2019.Goldman Sachs' investment banking…
After years of delays, and hefty cost overruns Equinor's Martin Linge oil and gas field in the North Sea off Norway, has come on on stream.The field, which was originally expected to start producing in 2016, finally started production on Wednesday at 21…
A lobbyist for Exxon Mobil Corp said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted, according to an interview aired on Wednesday.Britain's Channel 4…
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