Norway-based oil company Vår Energi has awarded a three-year inspection services contract to a strategic partnership between DNV and Vinde Tilkomstteknikk. The contract will cover inspection services to the oil and gas operator’s full portfolio of assets on the Norwegian Continental Shelf…
Neptune Energy has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West offshore discovery in the UK Southern North Sea, in a move that will see the discovery developed as a tie-back to the Cygnus offshore platform.Pegasus…
China's CMHI Haimen shipyard last Thursday hosted the keel laying ceremony for Jan De Nul's heavy lift crane vessel Les Alizés.Les Alizés, ordered in November 2019, will mainly be used for the construction of offshore wind farms, but will also…
Norway's Equinor, with partners Petoro, Shell, Total, and ConocoPhillips, has decided to electrify the Troll West field offshore Norway and has submitted the plan for development and operation to the Norwegian minister of petroleum and energy…
Norwegian offshore vessel operator Havila Shipping has won contract extensions for two of its platform supply vessels with Total in Denmark.Havila said Monday that Total DK, a Danish subsidiary of the French oil major Total, had declared extension…
Eidesvik said it plans to upgrade its offshore wind support vessel Acergy Viking with a battery pack and hybrid propulsion solution, in line with the Norwegian vessel operator's plans to reduce its fleet’s emissions by 50% by 2030 and to operate emissions-free by 2050…
Ukraine's state-run energy firm Naftogaz will continue to cooperate with international partners, new Chief Executive Yuriy Vitrenko said on Friday.The sacking of the previous Naftogaz head had prompted a warning from Ukraine's Western backers…
Norway's Equinor raised its dividend and posted a bigger-than-expected rise in first-quarter operating profit on Thursday, boosted by higher oil and gas prices and massive one-off gains from its renewable energy business.The oil and gas company…
Western Europe's largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.'Phase 1 production capacity is about to step-up to 535…
Austrian oil and gas group OMV said it sees strong improvement in the second half of 2021 as it reported a better-than-expected quarterly core profit on Thursday thanks to higher oil prices and gains from the acquisition of plastics maker Borealis…
Energy company Total is funding £46,400 in scholarships for Masters programs at the University of Aberdeen related to the energy transition.The scholarships—which begin in September this year and include one each across the University’s MSc…
Norway's Aker BP posted record first-quarter operating profit and revenue on higher prices and production on Wednesday as the independent oil and gas producer looks to approve several developments this year.Earnings before interests and tax…
France has shortlisted Swedish utility Vattenfall and its two partners to bid in a tender to develop an offshore wind farm with a capacity of about 1 gigawatt (GW) off Normandy, the company said on Tuesday.Vattenfall and its partners - German…
Oilfield services firm Archer said it has signed an offer letter with Moreld laying out principle terms to purchase 100% of the shares in DeepWell, a Norwegian well intervention company focused on mechanical wireline and cased hole logging services…
British North Sea-focused oil producer EnQuest said it has signed a share purchase agreement (SPA) to purchase Whalsay Energy's 100% equity interest in the P1078 license containing one of the largest undeveloped oil fields in the U.K. North Sea…
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