East Mediterranean gas reserves can help ease Europe's energy crunch but require funding from institutions like the European Bank for Reconstruction and Development and the European Investment Bank to realise the area's full potential, an official said on Friday…
Petroecuador expects to soon award a contract to expand production from the country's vast Amistad offshore gas field, the Ecuadorean state oil firm company said late on Thursday. Following failed previous attempts to find an investor, Petroecuador…
The Dutch FPSO leasing specialist SBM Offshore said Friday the construction of the topside modules had kicked off in Singapore for one of the company's largest-ever FPSO units, the One Guyana FPSO.'During September this year, two steel strike…
Norway police on Friday investigated reports of a drone flying over the Kaarstoe [Kårstø] gas plant in southwest Norway on Thursday, while in Arctic Norway a Russian-Israeli citizen was arrested when police found two drones in his car.The Norwegian…
Lebanon's caretaker energy minister said on Friday that Qatar has expressed an interest in joining a consortium involving Eni and TotalEnergies that is exploring for oil in the eastern Mediterranean sea.A post on the official cabinet Twitter account…
Offshore helicopter services firm NHV Group has won a helicopter services contract in the Central North Sea with INEOS FPS.Under the five-year deal, which takes effect at the beginning of November, NHV will perform helicopter flights to the Forties Unity from NHV Aberdeen…
Half of the 114 offshore wind turbines which will make up Scotland’s largest offshore wind farm, Seagreen, have now been installed in the North Sea off the east coast of Scotland, SSE Renewables said this week, adding that a record has been…
German offshore wind farm developer RWE has selected two preferred suppliers for the electrical transmission system and entered into early works agreements in relation to the construction of the Thor offshore wind farm in Denmark.With a planned capacity of 1…
Russia needs permission for its vessels to conduct investigations into explosions that damaged Nord Stream pipelines in the Baltic Sea, Deputy Prime Minister Alexander Novak said on Friday. He did not specify who should grant the permission…
Equinor, a Norwegian oil company, said on Friday that it had recently awarded six offshore vessel contracts to five shipowners. The total value of the contracts, including options, is estimated to be more than NOK 2.5 billion ($235,6 million)…
The Swedish floating wind technology specialist Hexicon has obtained maritime priority rights for two offshore wind concessions in Italy, where it is operating through its joint venture, AvenHexicon Srl, with local partner Avapa Energy Srl. Earlier this year…
Norwegian offshore support vessel operator Solstad Offshore has secured new contracts and extensions for four of its platform supply vessels.The contracts are firm for a total of 850 days, and Solstad Offshore's clients in the UK and the Netherlands will use the vessels…
Prosafe has signed a firm contract with an unnamed major oil and gas company to provide accommodation services using the Safe Concordia semi-submersible rig in the U.S. Gulf of Mexico.The contract has a firm length of 330 days, with options for up to 6 months…
Offshore drilling company Borr Drilling has entered into an agreement to sell the jack-up drilling rig 'Gyme' for a price of $120 million to an unrelated third party.The 'Gyme' is a 2018 PPL Pacific Class 400 located in Singapore. The rig has not been activated or contracted since its delivery…
Marine Power Systems from the UK is working with WavEC from Portugal to set up its modular floating offshore wind platform in the north of Portugal. 'Floating offshore wind is increasingly featuring in government decarbonization targets around the world and Portugal is no exception…
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