The organizers of SPE Offshore Europe offshore energy-focused event in Aberdeen have decided to postpone the event on 1-4 February 2022 at P&J Live, Aberdeen, in alignment with Scottish Government guidance on the coronavirus situation.Jonathan Heastie…
Rex International's subsidiary Lime Petroleum has completed its 20 percent farm-in to each of the respective licenses PL867 and PL867B Gjegnalunden in the Norwegian part of the North Sea from operator Aker BP.Lime now holds a 20 percent stake in each of the two licences…
The Nord Stream 2 pipeline, which is to transport Russian gas to Germany, could get approved in the middle of the year, the CEO of one of the project's financial backers told a newspaper.The pipeline, led by Russia's Gazprom, has been completed…
Offshore wind installation firm Fred. Olsen Windcarrier (FOWIC) said Tuesday it had recently executed three new contracts and reservation agreements with combined revenue of up to 80 million euros (~$90,5 million).The contracts, with undisclosed clients…
BW Ideol, a company specializing in floating offshore wind solutions has signed an investment agreement with Japan's JERA, and France's ADEME Investissement to create an investment company for financing the co-development of offshore wind projects…
Offshore drilling contractor Valaris on Tuesday announced a new group of contracts for its rigs to be utilized in the U.S. Gulf of Mexico, U.K. North Sea and off the coast of Australia.Valaris said it secured a one-well contract with Kosmos Energy in the U…
Energy and telecom cable systems company Prysmian Group announced it finalized the acquisition of the remaining 70% interest in EKSA sp. Z oo (EKSA), following the initial 30% acquired in 2006.EKSA has been a distributor of energy cables for Prysmian Group in Poland since 2002…
Exploration drilling operations have commenced on the Equinor-operated Ginny exploration well 6407/9-13 in the Norwegian Sea.The well, in production license PL1060, targets both an Upper Jurassic (Ginny) and a Middle Jurassic (Hermine) prospect located between the Galtvort and Hasselmus discoveries…
Norwegian shipbuilder Oma Baatbyggeri handed over its third vessel to the Danish shipping company Offshore Windservice AS at the beginning of November.Designed and developed in collaboration with Odfjell Wind AS in Bergen, the aluminum newbuild FOB Swath 10 is a 32-meter-long and 11…
Norway's Petroleum Safety Authority (PSA) said it has given Equinor the green light to perform exploration drilling in block 34/4 in the Snorre field in the North Sea.Equinor will drill the 34/4-17 S well at Statfjord Kile using Odfjell Drilling's Deepsea Stavanger…
Oslo-listed offshore energy investment firm Standard Drilling announced it has sold the platform supply vessel Standard Princess for $10.3 million.The Cyprus-headquartered company said Wednesday it completed the transaction after announcing a memorandum of agreement to sell the vessel in November…
Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 707,000 barrels per day (bpd) in February, loading programs showed, down from 813,000 bpd planned in January.Dated Brent is based on the Brent…
Russian President Vladimir Putin said on Wednesday the Nord Stream 2 undersea gas pipeline would help to calm a surge in European gas prices and was ready to start exports now a second stretch of the pipeline has been filled.Nord Stream 2, completed…
The offshore transformer station of the Hollandse Kust (zuid) Alpha platform is successfully installed on the jacket in the North Sea, about 20 kilometers off the coast of The Hague, on Sunday. The transformer station is one of the two topsides of the Hollandse Kust (zuid) offshore grid…
Norwegian offshore wind services company Edda Wind said it has entered into a long-term contract with Siemens Gamesa Renewable Energy for one of its newbuild service operation vessels (SOV).The contract will commence mid-2023, and Edda Wind…
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