Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited, a unit of Eni in the Kutei basin production sharing contracts (PSC) offshore Indonesia…
Discoveries of natural gas reserves in the Mediterranean Sea around Egypt, Cyprus, Israel and Greece are shaking up Europe’s energy politics. Traditionally, Russia has been Europe’s main supplier of gas, giving it significant influence over Europe…
Equinor and partners Lundin and Spirit Energy have made a small oil discovery in production licence 167 at the Utsira High in the central part of the North Sea.The Lille Prinsen Outer Wedge appraisal well is located about 1 kilometer west of Lille Prinsen Main…
The European Commission said on Friday it approved French state aid for six offshore wind farms in France to help the country meet its climate and renewable energy targets.The farms, which will each have 62 to 83 wind turbines and an expected capacity of 450 to 498 megawatts…
Europe added 1.9 GW of new offshore wind was installed in the first half of 2019, up from the 1.1 GW added in the same period in 2018, according to figures released by WindEurope.The UK (931 MW), Denmark (374 MW), Belgium (370 MW) and Germany (252 MW) accounted for these installations…
The world's second largest offshore drilling contractor Transocean has revealed three new contract awards and a pair of extensions for the last quarter in its latest fleet status report.The Switzerland-based offshore driller said in the status…
European oil major Equinor said on Thursday it expects less capital expenditure this year, partly due to further cost savings at its Johan Sverdrup oilfield, after reporting quarterly earnings slightly below forecasts.Adjusted earnings before interest and tax (EBIT) fell to $3…
At the end of last week, Vroon subsea-support walk-to-work unit VOS Start arrived in IJmuiden after almost two years engaged in operations for offshore renewables client MHI Vestas Offshore Wind (MVOW).The Netherlands-flagged vessel commenced duties for MVOW in August 2017…
UK-focused Independent Oil and Gas (IOG) said it plans to spud an appraisal well in the Harvey prospect during the first week of August.The Maersk Resilient is currently due to finish its prior operations over the coming week and start re-locating to Harvey…
Seaway 7 has won a contract from Ørsted's Optimus Wind to install the entire inner array grid cable system for the Hornsea Two offshore wind farm project in the UK sector of the North Sea.Seaway 7 parent company Subsea 7 said the contract is worth between $50 million and $150 million…
Australia-based Talon Petroleum said it has been notified by the UK Oil and Gas Authority of its successful joint bid alongside the Netherlands-based partner ONE-Dyas for a licence over Block 14/30b via the UK 31st Supplementary Offshore Licensing Round…
After two and a half years of work, the M40 module for the Wintershall DEA operated Dvalin project offshore Norway is now ready for delivery and sail away, makred by a July 18 ceremony outside the North Sea Hall at Aibel’s yard in Haugesund…
ACO Marine said a new wastewater treatment plant supplied to Damen Verolme Rotterdam has been installed and commissioned on the Stena operated semi-submersible Stena Don.The drilling rig’s existing wastewater treatment plant was heavily corroded and non-compliant with regulation MEPC 227(64)…
Aker BP has made an oil discovery in an area nicknamed NOAKA near the Alvheim field in the central part of the North Sea, the Norwegian Petroleum Directorate confirmed on Tuesday.Aker BP, operator of production licence 442, had announced the discovery earlier in July…
The EU-funded ELICAN project's 5 MW prototype, which has been installed in the Canary Islands, has become the first self-installing, bottom-fixed offshore wind turbine to be commissioned in the world with full independence of costly heavy-lift vessels…
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