Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for its Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million.The offtake agreement…
North Star’s £400 million ($550 million) ongoing commitment as part of its ESG strategy, combined with a £1.8 million ($2.47 million) investment in crew training last year, has delivered significant progress in its transition to operating a net zero fleet by 2045…
U.K.-based oil and gas company Viaro Energy has unveiled plans to acquire Deltic Energy in an effort to strengthen its North Sea portfolio, while setting Selene discovery as development priority.The acquisition has been structured as a recommended…
Serica Energy has informed that Triton floating production, storage and offloading (FPSO) unit in the North Sea will restart production shorty, following the completion of repairs and maintenance operations.Production will commence shortly, Serica Energy said…
Equinor and Shell have unveiled the name of their joint venture company, set to become U.K. North Sea’s largest independent oil and gas producer.Adura has been chosen as the name for Equinor’s and Shell’s incorporated joint venture (IJV).With a long-standing presence in the North Sea…
Equinor and its partners have drilled a dry wildcat well on the Lit prospect in the North Sea.The well 25/11-30 S was drilled in production license 169, which was awarded in the 13th licensing round on the Norwegian continental shelf (NCS) in 1991…
Egypt's EGAS has awarded four blocks in the Mediterranean, one in the Nile delta, and one in North Sinai to international companies, according to a petroleum ministry statement on Wednesday.Companies will invest $ 245 million to drill at least 13 new exploratory wells during the exploration period…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for wildcat well in the North Sea.The drilling permit is for a wellbore 15/8-3 S in production licence 1137, operated by Equinor with 50% working interest, with partner Orlen Upstream Norway holding the remaining 50%…
Britain on Thursday published long-awaited environmental guidance which is expected to impact the future development of two vast North Sea oil and gas fields by companies including Shell and Equinor.The guidance sets out how greenhouse gas emissions that would come from the oil and gas being used…
EEW Special Pipe Constructions (EEW SPC) has loaded out the last three monopiles for RWE’s 1.4 GW Sofia offshore wind farm, being built off the U.K.’s North East coast.The total of 100 monopiles, with weights of 1,143 to 1,521 tons and lengths of up to 91…
Global integrated logistics and materials management specialist ASCO has secured a landmark nine-figure contract with a major North Sea energy operator.The scope encompasses ASCO’s full suite of integrated logistics services, including quayside operations…
The Norwegian Ministry of Energy has offered and exploration license for the storage of CO2 in North Sea to Equinor Low Carbon Solution.The license is offered with a binding work program with built-in milestones to ensure fast and efficient…
Norwegian oil and gas operator DNO has completed the acquisition of Sval Energi Group from HitecVision, picking up 16 producing fields in Norway and quadrupling its North Sea production to 80,000 barrels of oil equivalent per day (boepd).DNO…
Energy solutions business OEG has secured a multi-year helifuel services contract with a major U.K. operator.Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on a serviced rental basis…
Repsol Resources UK has hired Halliburton under a five-year contract to support the full well lifecycle on its oil and gas assets in the U.K. North Sea.Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments…
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