Baron Oil has officially increased its stake in a UK North Sea offshore block containing the Dunrobin prospect, dubbed one of the few remaining sizeable undrilled UK North Sea targets.Baron Oil said back in August that oil companies Corallian and Upland…
In October, a new class of underwater observation vehicle, the ARV-i, will be launched at Ocean Business 21. New Zealand-based Boxfish Research and Norwegian partner Transmark Subsea developed the autonomous underwater resident vehicle in a joint venture…
BlueFloat Energy and Falck Renewables said Thursday they were looking into the possibility of developing floating offshore wind farms off the coasts of Cornwall and Wales in the Celtic Sea.The two firms are already partners in potential floating…
Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system…
Marine seismic services firm SeaBird Exploration has signed a one-year contract with an unnamed repeat client for the use of its Fulmar Explorer vessel.The contract, which starts in November 2021, replaces the letter of intent that was announced by Seabird Exploration in July…
Swedish oil company Lundin Energy has failed to find hydrocarbons at its Merckx prospect in the North Sea, offshore Norway.The Norwegian Petroleum Directorate said Friday that Lundin, as the operator of production licence 981 where the well is located…
A Scottish court handed BP a win over Greenpeace on Thursday after the environmental group tried to void the energy company's licence to exploit a North Sea oilfield, saying the climate impact of the end-use of oil should not affect permits…
UK-based offshore equipment provider OEG Offshore has acquired Hughes Subsea Services (Hughes), an integrated subsea service company.This is OEG Offshore's second acquisition in a little over a week, when it bought Fern Communications.Hughes…
Royal Dutch Shell warned on Thursday of a $400 million hit to third-quarter earnings from the damage caused by August's Hurricane Ida.However, in an update ahead of quarterly results this month, the oil major also flagged a boost to cashflows from soaring natural gas and electricity prices…
Offshore drilling firm COSL has won a four-well contract with Equinor in Norway to drill wells on Statfjord Øst field using the COSLPromoter drilling rig.The drilling will take place from the spring of 2023, and Equinor will have options to…
Norway-based firm Aker Offshore Wind plans to utilize Scotland’s first offshore wind underwater substation as part of its bids for major offshore wind farms.'The multi-million subsea innovation would be developed, manufactured, and supplied…
A British regulator rejected Royal Dutch Shell's plans to develop the Jackdaw gasfield in the North Sea after considering its environmental statement, industry sources said on Wednesday.'We’re disappointed by the decision and are considering the implications…
Investing in new North Sea gas resources is essential for the UK to avoid shortages, price shocks, and rising import costs, industry body OGUK has warned, adding that, without fresh investment, North Sea gas production will plummet by 75% by 2030…
UK-based renewables giant SSE, a Principal Partner of the United Nations Climate Change Conference COP26, has invited those who want to see an ambitious climate action agreed at COP26 to show their support by putting their name on the world’s…
Gazprom's Swiss unit can challenge an EU gas rule that requires gas producers to be separate companies from those that control the pipeline, an adviser to the EU's top court said on Wednesday.Russia's Gazprom owns operator Nord Stream 2 and…
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