Activity on the Norwegian Continental Shelf (NCS) is going to be high in the next few years, but views on the longer-term outlook differ as the balancing act over demand for energy and a need to reduce emissions – at an ever greater pace – is played out…
Offshore drilling firm Transocean said Wednesday it had secured drilling rig contracts worth $116 million in total for two rigs in Norway.First, the Transocean Barents semi-submersible drilling rig was awarded a two-well contract in Norway, with a start expected in February 2022…
France's TotalEnergies, Macquarie Group's Green Investment Group, and Scotland's Renewable Infrastructure Development Group said on Wednesday they will jointly bid for sites in Scotland’s next offshore wind leasing round.The companies have joined…
Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway's Johan Sverdrup field, the Swedish company said on Wednesday.Oil companies…
Petrofac, a company for years known as simply an oilfield services provider, is transforming into an energy services firm with increasing involvement in the offshore wind business in recent years.To support its growth and offering in the new and renewable energy sectors…
Drilling waste management firm TWMA has secured a three-year contract extension to supply its services for Aker BP’s Valhall Flank North and Hod B field development projects on the Norwegian Continental Shelf (NCS).TWMA was awarded a three-year contract in 2019 for drill cuttings handling…
Norwegian climate activists have asked the European Court of Human Rights (ECHR) to rule against Norway's plans for more oil drilling in the Arctic, the campaigners said on Tuesday, arguing the country's exploration deprives young people of their future…
Dutch Damen Shipyards Group has delivered a Fast Crew Supplier (FCS) 1605 to offshore installation firm Allseas to support its Pioneering Spirit vessel, the largest offshore construction vessel in the world.The FCS 1605 vessel will perform fast…
Equinor will increase the share of investment it dedicates to renewable energy and so-called low-carbon solutions as it seeks to broaden its business, the Norwegian oil and gas producer said in a strategy update on Tuesday.The majority state-owned firm…
The Norwegian offshore oil industry safety body PSA Norway has completed its investigation of an incident involving a dropped object and serious personal injury that happened on the Askeladden jack-up rig on February 10, 2021, and has issued an order to KCA Deutag Drilling Norge (KCAD)…
Mocean Energy said Monday it had started testing its Blue X wave energy prototype at the European Marine Energy Centre (EMEC) in Orkney, Scotland, with the device currently generating power. “In the last few days the 20-meter long, 38-tonne…
Swedish oil firm Lundin Energy raised its full-year production forecast on Monday and said output had exceeded forecasts at all its key fields.The company now expects daily output for 2021 to average between 180,000-195,000 barrels of oil equivalent per day (boed)…
Dutch offshore services company Fugro, in partnership with AS Mosley and the University of Strathclyde, has designed a real-time mooring line fatigue tracker for offshore floating wind turbines, minimizing the need for in-person inspections…
Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.Ankara has so far insisted it…
Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the center-right government said as it presented its long-term energy strategy on Friday.Europe's second…
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