Britain's new prime minister, Liz Truss, said on Wednesday she wanted to see more extraction of oil and gas from the North Sea and more investment in nuclear power.Speaking at her first prime minister's question time in parliament, Truss said…
Vestdavit has developed an innovative heavy-duty davit for larger offshore wind workboats to be delivered for a green-fueled service operation vessel (SOV) newbuild as part of a multiple davit contract with Esvagt.Danish shipowner Esvagt earlier…
Companies in the renewables energy business have set out to determine whether a green ammonia floating production vessel can be deployed on certain offshore wind locations.Norway-based H2Carrier AS, developer of the unique P2XFloater concept…
EnQuest urged Britain under new premier Liz Truss to offer investment incentives to North Sea oil and gas companies in order to help the country secure its domestic energy supplies.Amjad Bseisu, CEO of the North Sea-focused oil producer, said…
Russian gas giant Gazprom said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed to push gas towards Germany through the Nord Steam 1 pipeline, no longer complied with safety requirements…
The Kremlin blamed European politicians on Sunday for keeping shut the Nord Stream 1, one of its main gas supply routes, saying their economic sanctions on Russia had hindered Gazprom's maintenance of the pipeline.State-controlled Gazprom announced…
The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday as Russia's halt on gas supply down its main pipeline to Europe sparked concerns over energy prices and growth.The euro slid to $0…
Nord Stream flows halted for three days this weekDeliveries were due to resume on Saturday at 0100 GMTRussia blames sanctions for pipeline disruptionsBrussels says Moscow using gas as economic weaponRussia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany…
U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany…
Equinor has completed its exit from Russia, the Norwegian energy group said on Friday, delivering on a promise made after Russia's invasion of Ukraine in February.This marks the first full, orderly exit from Russia by an international oil and gas company as pressure to leave mounts on others…
Europe could solve its energy crisis by scrapping sanctions against Russia and launching the mothballed Nord Stream 2 gas pipeline, the speaker of Russia's lower house of parliament said on Friday. Germany halted the Nord Stream 2 Baltic Sea gas pipeline project on Feb…
Modern American Recycling Services Europe (M.A.R.S.) said Friday that Equinor's Veslefrikk B platform had arrived in the Port of Frederikshavn, where it will be recycled.The Veslefrikk B arrived at the M.A.R.S quayside on Wednesday, August 31…
Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.During his tenure, van Beurden…
Oil and gas company Noreco on Thursday announced the sailaway of the new Tyra II process module (the 'TEG'), 10.15am local time, from Batam, Indonesia and bound for the TotalEnergies-operated Tyra gas field redevelopment project in the Danish North Sea…
Offshore drilling company Valaris said Thursday it had secured new drilling rig contracts and contract extensions, worth $149 million in total. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements…
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