Norwegian energy group Equinor plans to sell a stake in its Martin Linge oilfield in the North Sea, hoping to raise more than $1 billion, industry and banking sources told Reuters.The sale is aimed at reducing Equinor's large stake in the field…
Norwegian offshore vessel owner Solstad Offshore has won a long-term contract for one of its platform supply vessels in the UK.The vessel has been contracted for one year, with further extension options included for up to two years. The contract…
ASX-listed SRJ Technologies Group plc has struck a deal to buy the UK-based oilfield services firm STATS.STATS said Tuesday that its shareholders had executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies…
Aberdeen-based offshore moorings specialist First Marine Solutions (FMS) has said it has secured a 'seven-figure' contract with offshore well-decommissioning firm Well-Safe Solutions.Under the deal, FMS will provide marine consultancy services…
James Fisher Subtech (JF Subtech), a provider of specialist technical marine support to the offshore energy industry, said Tuesday it had completed a subsea inspection, repair, and maintenance project on Ithaca Energy UK North Sea platform.The…
American Bureau of Shipping has further developed its approach to aging offshore assets with the publication of the Guide for Life Extension of Floating Production Installations.ABS said that the guidance supported operators looking to extend…
Thermoplastic Composite Pipe (TCP) maker Strohm has informed it has developed and manufactured a TCP with an integrated weight coating 'which offers clients on-bottom stability for its game-changing technology.'The first fully bonded 2,5-inch ID…
Brazilian oil firm Petrobras has informed that gas production from its Manati offshore gas field in Brazil, was halted due to the closure of the subsea valve of the export pipeline. In a separate statement, Petrobras partner Enauta said the…
American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) to Bassoe Technology for its T-Floater floating wind turbine foundation design. The foundation is designed to carry a 10 MW turbine in the harsh conditions of the North Sea…
Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search, who will play a key role in selling stakes in assets in Papua New Guinea and Alaska.Santos promoted Anthea McKinnell…
UK-based renewable energy giant SSE said Monday that its Seagreen 1A offshore wind farm proposal had achieved a significant milestone after Scottish Government Ministers consented to its Marine Licence application.The Marine Licence covers the offshore elements of the project…
Russian oil firm Lukoil will acquire a 9.99% percent in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas and not 15.5% as agreed originally in October, as other partners in the field, BP and Socar…
The UK Government on Friday awarded planning consent for Vattenfall’s 1.8 GW Norfolk Boreas offshore wind farm. The project is part of Vattenfall’s proposed Norfolk Zone and will produce electricity equivalent to the annual consumption of around 2 million UK homes…
Marine seismic firm SeaBird Exploration, a subsidiary of seabed minerals-focused Green Energy Group, said Friday it had received notice of termination regarding work for the Fulmar Explorer vessel.SeaBird in October said it had entered into…
Britain on Monday opened applications for its biggest renewable energy auction round to date, offering 285 million pounds ($376.97 million) in funding to help deliver on its climate targets, the government said. 'By generating more renewable energy in the UK…
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