Norway's oil and gas output in January fell from the previous month, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell to 1.74 million barrels per day (bpd) in January from 1.85 million bpd in December…
Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…
Britain sees a 'good, solid' future for the North Sea's oil and gas industry and will issue new licenses to expand output in the future, Energy Minister Greg Hands said on Tuesday.'We need continued investment into the North Sea,' Hands told the International Energy Week online conference…
Danish offshore vessel owner Maersk Supply Service has won a contract for the mooring system installation of the Saitec Offshore DemoSATH floating wind project.“This is a significant contract for Maersk Supply Service, as floating wind is a…
SFL Corporation, the owner of the West Linus jack-up drilling rig, has signed a rig management deal with offshore drilling firm Odfjell Drilling for the provision of management services for the harsh-environment unit.The rig, delivered in 2014…
UK North Sea-focused oil and gas company IOG said Monday that the production start-up from its Blythe and Elgood gas fields in the Southern North Sea would be delayed as the stormy weather had affected the works on the reception facilities at the Bacton Terminal…
Members of the European Parliament (MEPs) set out recommendations on how to deploy offshore wind more quickly, in a report adopted earlier this week.The report, voted on by MEPs in response to a European Commission communication, stresses that…
Spanish wind turbine tower maker Windar renovables has confirmed its investment decision to build a new offshore tower factory in Poland.The construction is expected to start in 2020. The new facility will be approximately 120,000 m2 and will include covered areas for welding…
Italian energy group Eni posted its best yearly result since 2012 after profits in the fourth quarter surged to beat expectations, boosted by higher oil and gas prices.Adjusted net profit in the three months to December came in at 2.11 billion euros ($2…
Wilhelmsen has acquired a 21% stake in Reach Subsea ASA, and together the firms will form a strategic partnership to commercialize the Reach Remote concept, bringing Reach Subsea into new industry verticals and geographical regions.Jan Eyvin Wang…
Archer Knight has secured a diving technical authority contract award with oil and gas firm Neptune Energy. The three-year deal will see the company providing Neptune Energy with specialist support for all diving operations in the UK.Under the deal…
Singapore's Sembcorp Marine has delivered the Norwegian Barents Sea-bound Johan Castberg FPSO to Equinor. The FPSO has set off for Norway, loaded aboard Boskalis' Boka Vanguard semi-submersible heavy transportation vessel.Johan Castberg is Sembcorp Marine’s first EPC newbuild FPSO…
Aker Carbon Capture has signed a deal with Northern Lights JV to collaborate on the realization of Carbon Capture and Storage (CCS) projects in Norway and across Europe.'Together, the two companies represent a full value chain offering from carbon capture through transport and storage…
High oil and gas prices helped Spain's Repsol REP.MC to post earnings above market expectations on Thursday, giving it more financial firepower to spend on low-carbon operations investors are increasingly demanding of energy companies.Benchmark…
Oil and gas firms in Norway have raised this year's investment forecasts as they seek to benefit from pandemic-era tax incentives intended to boost activity, a national statistics office (SSB) survey showed on Thursday.The biggest business sector in Norway now expects to invest 159…
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