Countries worldwide should make more offshore areas available for wind farms than they do currently if they want to fulfil their climate ambitions, the chief executive of Norwegian oil firm Equinor told Reuters.Like other European oil majors…
Iran could quickly export millions of barrels of oil it is holding in storage if it reaches a deal with the United States on its nuclear program and has been moving oil into place to prepare for an eventual restart, four traders and industrial sources said…
Canadian oil and gas company Suncor Energy said an agreement has been reached for the Terra Nova FPSO (and the namesake oil field) which was last year docked shoreside in Newfoundland after Covid-19 prevented the planned drydocking in Spain…
U.S. oil major Chevron, and a consortium between France's TotalEnergies and Qatar's Qatar Petroleum have submitted winning bids for shallow-water offshore acreage in Suriname, Suriname's national oil company Staatsolie said Friday.Staatsolie…
Norwegian vessel owner Siem Offshore has agreed to sell two anchor handling tug and supply vessels Siem Garnet and Siem Diamond.Siem Offshore said that the vessels would be sold to an independent third party, for further trading outside the offshore shipping industry…
Dutch offshore installation company Heerema Marine Contractors has signed a contract with Acteon's offshore pile-driving operating subsidiary MENCK for the provision of two of the world’s largest hammers to support offshore wind installation activities in Taiwan…
Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, has entered into a non-binding Memorandum of Understanding with Siemens Gamesa and Siemens Energy.Under the MoU Odfjell Oceanwind intends to use…
Norway's oil and gas production exceeded official expectations in May, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output declined 4.2% from April to 1.654 million barrels per day (bpd) in May, while the NPD's forecast for the month had stood at 1…
Oil and gas company Taqa has filed plans for the decommissioning of the topsides of the Cormorant Alpha platform in the North Sea.The Cormorant Alpha platform is located in Block 211/26 of the Northern North Sea (NNS), approximately 103 km…
Romanian oil and gas company Romgaz said Friday it had signed an exclusivity agreement with ExxonMobil, in relation to Exxon's planned sale of rights in an offshore block in the Romanian part of the Black Sea.As previously reported, Romgaz in…
U.S. Gulf of Mexico pipeline operator Williams has struck a deal with Beacon Offshore to provide offshore gas gathering and transportation services and onshore gas processing services to the Shenandoah offshore development.Williams will provide…
The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it would be conducting an environmental review of a potential wind energy project offshore New York and New Jersey.The agency said it would on Friday, June 18, 2021, BOEM publish…
Danish offshore vessel owner Esvagt is seeing an increase in activity and has brought more vessels into service to keep up.'Increased activity in the autumn and again this spring have brought more Esvagt vessels into service; most recently the ’Esvagt Castor’ and the ’Esvagt Carpathia’…
Production has kicked off from the Gårsel (Gray Seal) oil field in the Skarv area, off the coast of Norway, four months ahead of plan, according to Norwegian oil and gas giant Aker BP.Aker BP CEO, Karl Johnny Hersvik said: 'I’m very proud of…
Oil major Shell teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades…
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