Oilfield services giant TechnipFMC said Thursday it had secured a contract with Equinor for work on the Halten East development offshore Norway.TechnipFMC said the contract was a significant one, which for TechnipFMC means it is worth between $75 million and $250 million…
Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a setback to Germany's gas lobby as it seeks to keep the energy lifeline from Russia open.The former German chancellor played a critical role in…
Norwegian offshore energy engineering and construction company Aker Solutions said Wednesday it had secured a sizeable contract from Equinor to deliver the subsea production system for the Halten East development, offshore Norway.Aker Solutions defines a sizeable contract as being between NOK 0…
Norwegian oil firm Equinor and Halten East partners Vår Energi, Spirit Energy, and Petoro have decided to invest around NOK 9 billion (around $937,5 million) to develop the area near the Åsgard field in the Norwegian Sea.The area consists of…
Norwegian oil and gas company Equinor has made an oil discovery at the Snøfonn Nord exploration well in the Johan Castberg area in the Barents Sea, off Norway.According to Vår Energi, Equinor's partner in the license, the exploration well, in PL 532…
The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the summer demand peak.The dynamics of the LNG market for…
Israel's NewMed Energy [formerly known as Delek Drilling] on Monday said it was moving forward with the development of the Aphrodite natural gas field offshore Cyprus and reported a drop in quarterly profit as new tax regulations took effect…
Acteon's Claxton has signed a collaboration agreement with Norwegian-based supplier Seabed Solutions to 'add value' to decommissioning projects, and assist operators in meeting their obligation to return subsea sites to their natural state.'The partnership simplifies procurement…
The European Union and United States are trying to convince oil and gas-producing countries to increase their production to help lower global fuel prices, German Chancellor Olaf Scholz said in an interview with Deutsche Welle.'It is necessary that we start to increase the supply with gas…
The Abu Dhabi National Oil Company (ADNOC), oil major BP, and Abu Dhabi future energy company Masdar have joined forces to develop clean hydrogen and technology hubs.Announcing their new-energy partnerships, ADNOC said the H2Teesside low-carbon…
Energy logistics provider Peterson has won a logistics contract with OceanXpress, a recently formed joint venture between Dutch companies Damen and Ampelmann.Damen Shipyards and offshore gangway specialist Ampelmann launched the joint venture…
Norwegian engineering and construction firm Aibel's yard in Thailand has completed the construction of the Dogger Bank A wind farm substation topside, in what is the first ever HVDC converter platform exported from Thailand.Loaded on a BigLift heavy transportation vessel…
Oilfield services giant Halliburton has partnered up with the Norwegian oil and gas company Aker BP to co-develop what it says will be next-generation field development planning software. 'The collaboration delivers a new cloud application – Field Development Planning (FDP) – from Halliburton…
Russia's state-owned oil company Rosneft said on Friday that former German chancellor Gerhard Schroeder and German businessman Matthias Warnig were stepping down from its board of directors.The European Parliament had urged on Thursday that Schroeder…
BW Ideol, a company that builds foundations for floating wind farms, has signed an agreement with the EDF Renouvelables and Maple Power consortium to cooperate on the design of floating foundations for the AO6 floating offshore wind tender in the French section of the Mediterranean Sea…