The startup of Equinor's Johan Castberg oilfield in the Arctic Barents Sea will be delayed by one year until the fourth quarter of 2023 due to technical problems, denting its value, Norway's oil and gas safety watchdog said on Tuesday.The Petroleum…
Norwegian oil company OKEA has with partners Petoro and Neptune Energy decided to develop the Hasselmus offshore gas discovery in the Norwegian Sea as a tie-back to the Draugen platform.The Hasselmus gas discovery is located on the western edge of the Trøndelag platform in the Norwegian Sea…
Danish offshore wind farm giant Ørsted said Monday it had completed the sale of 50% of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands to Norges Bank Investment Management.Norges Bank Investment Management (NBIM), an entity running Norway's $1…
Oceanteam and Bourbon have signed a deal to sell their jointly owned construction support vessel Bourbon Oceanteam 101 to an unnamed buyer.'The sellers and undisclosed buyers have entered into an NSF agreement for the sale of the vessel, the delivery of which will take place in July 2021…
Norwegian oil firm Equinor has been granted drilling permission for an exploration well in the Norwegian Sea.Equinor will use Seadrill's West Hercules semi-submersible drilling rig for the operation in the production licence 939. The well, designated well 6407/1-9 (Egyptian Vulture)…
UK-based subsea research and development institute NSRI is set to become part of Subsea UK.The organization, originally set up as a focal point for subsea research and development, has been working more closely with Subsea UK for the last six…
Oil and gas companies Equinor and Aker BP have received drilling permits from the Norwegian Petroleum Directorate to drill wells in the Norwegian Sea and the Barents Sea, respectively.Under the NPD permit announced Friday, Aker BP will, using…
Offshore drilling company Seadrill Limited has this week appointed a new chief financial officer and a new chief operating officer, as well as announced the appointment of a new director to its board.Oslo-listed offshore drilling firm said on…
Offshore logistics service provider Opus Marine, part of Zeitfracht Group, has expanded its fleet with a new Damen Fast Crew Supplier (FCS) 2710, named Allegro at a ceremony on Thursday.The vessel will begin immediate operations, transporting technicians to wind farms offshore…
Oil and gas company TAQA said Friday it had started its first major asset removal project and one of the largest topside removal projects of its kind in the North Sea, with the removal of the Brae Bravo platform.The Brae Bravo platform, first commissioned in 1988…
Offshore wind installation company Fred. Olsen Windcarrier (FOWIC) said Friday it had over the previous two months signed three new turbine transport and installation contracts with a combined value of up to 124 million euros ($151 million)…
Early-stage floating wind farm developer Simply Blue Energy has hired engineering firm Wood for pre-FEED work related to its proposed Western Star floating offshore wind farm, to be located off the west coast of Ireland.Simply Blue Energy plans…
Germany and Norway officially opened NordLink on Thursday, a direct power cable between the two countries that will provide Europe's largest economy with green energy at a time it is phasing out polluting coal power.Norway's electricity production…
When U.S. President Joe Biden’s administration approved the country’s first major offshore wind farm this month, it billed the move as the start of a new clean energy industry that by the end of the decade will create over 75,000 U.S. jobs.Industry executives and analysts do not contest that claim…
Wintershall Noordzee, a Dutch joint venture between Gazprom and Wintershall Dea has awarded Archer Oiltools the contract for a plugging and abandonment campaign for the 2021/22 period and for up to 42 offshore wells.Oil services company Archer will provide is Perforate…
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