SAP SE and DNV GL have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants. CUI is seen as one of the largest maintenance…
New York-listed offshore vessel owner SEACOR Marine has completed the previously announced sale of its offshore crew transfer subsidiary Windcat Workboats to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat is headquartered in Lowestoft…
Norway's Endúr Industrier AS, an offshore fabrication subsidiary of marine infrastructure group Endúr, on Friday notified Stavanger district court about its decision to initiate a bankruptcy petition for the company, citing a dire market situation…
Lamprell, a company traditionally known as oil and gas rig builder, has this week announced a reorganization of its business aimed at increasing focus on renewables and the energy transition. Based in the UAE, the company has in recent years increased its uptake of renewables sector orders…
Israel's energy minister held a video conference call with his counterparts in the United Arab Emirates, Morocco, Sudan, and Bahrain for the first time on Thursday, according to a statement from his office.The Israeli minister, Yuval Steinitz…
Two people died Thursday in an incident aboard BW Offshore's FPSO Espoir Ivoirien, offshore the Ivory Coast, the FPSO owner has informed.'At 13:30 local time today, an incident occurred whilst work was being performed in a cargo tank onboard…
Oil company Dana Petroleum has terminated a contract for the use of a Maersk Drilling rig in Denmark.The one-well contract was initially expected to start in May 2020.However, the two companies then in October 2020 said the contract start-up for the yet to be nominated rig would be deferred…
Update: Petrofac's statement included below the original articleFormer senior Petrofac Ltd executive David Lufkin pleaded guilty at Westminster Magistrates' Court on Thursday to three further bribery offenses in relation to oil deals in United Arab Emirates (UAE)…
A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday…
Alcatel Submarine Networks, part of Nokia, has this month signed deals with Equinor to deliver submarine cables for subsea control infrastructure for the Northern Lights CCS project as well as for the Breidablikk offshore development.The Northern…
The Trump administration added China’s CNOOC to a U.S. economic blacklist on Thursday, accusing the oil giant of helping Beijing intimidate neighbors in the South China Sea and ratcheting up tension days before U.S. President-elect Joe Biden takes office…
Equinor, Norway's largest oil firm, increasingly involved in renewables such as offshore wind and floating wind, is now looking to add floating solar to its portfolio.The company said Thursday it would, together with Moss Maritime, start testing floating solar off the island of Frøya…
Norway's oil industry regulator has cut its 2021-2023 crude production forecasts, it said on Thursday, although output is still on track to grow significantly as new fields are brought on stream.The Norwegian Petroleum Directorate (NPD) expects oil production to grow by 3…
Oil and gas giant Shell has agreed to farm into the CAN 100 block, offshore Argentina, currently jointly owned by the Norwegian energy firm Equinor and Argentina's YPF.In October 2019, Equinor farmed into the YPF CAN 100 block and agreed to take over the operatorship…
Siemens Gamesa and Siemens Energy have this week announced they'd work together on wind-to-hydrogen projects to help decarbonize the economy 'to solve the climate crisis.'The companies said they were contributing with their developments to an…
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