Sweden's Lundin Energy, a partner in Norway's giant Johan Sverdrup oilfield, said on Thursday it expected the field's production capacity and its reserve estimates to grow in the future.Production capacity from 2.2 billion to 3.2 billion barrels of oil equivalent (boe) field…
Norway's oil production slightly exceeded official expectations in February, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output slipped 0.6% from January to 1.793 million barrels per day (bpd) in February…
INEOS E&P, a part of INEOS Energy, said Thursday it had entered into an agreement to acquire the U.S. oil firm Hess' subsidiary Hess Denmark for a total consideration of $150 million. Hess said it would use the cash on its operations in Guyana…
Swedish power company Vattenfall has signed its first power contract for the offshore wind farm Hollandse Kust Zuid, located in the Dutch North Sea.Under the contract, Air Liquide will purchase 100GWh of electricity per year from the wind farm located off the Dutch coast…
3t Energy Group, a UK-based energy industry training services company, has appointed Chris Durling as its new finance director for its training division.Durling comes to 3t Energy Group from EY, where he led the Aberdeen transactions business and EY’s focus on energy services in the UK…
Norwegian company Aker Solutions has said it has signed a 'sizeable' letter of intent with Dutch offshore services firm Heerema Marine Contractors for the decommissioning and recycling of Norwegian offshore platforms.Heerema has, as the main decommissioning contractor…
Norwegian offshore vessel owner DOF has won long-term contracts in the UK and Guyana for three of its platform supply vessels.In the UK, under the contract starting in April, the large PSV Skandi Gamma will work for Ithaca Energy for a period of two years firm…
Oil major BP said Thursday it was working to develop the UK’s largest blue hydrogen production facility, targeting 1GW of hydrogen production by 2030. The proposed development, H2Teesside, would capture and send for storage up to two million tonnes of carbon dioxide (CO₂) per year…
Energy services giant TechnipFMC and renewables investor Magnora have entered into an agreement to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.Magnora, which invests cash generated from a UK oil field to invest in renewables…
Norwegian oil company Equinor has exercised its option to add one more well to Odfjell Drilling's Deepsea Atlantic offshore drilling rig contract.Odfjell Drilling said Wednesday the well had been exercised under the Continued Optionality mechanism…
Oil company Wintershall Dea has obtained a drilling permit for the well 6406/3-10 A in the Norwegian Sea.The well will be drilled using Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig, after the completion of the drilling of…
UK oil and gas firm Chyrsaor has found hydrocarbon traces at the Jerv offshore exploration well; its first operated well in Norway.According to OKEA, Chysaor's partner in the offshore production license PL973 where the well is located, 'hydrocarbons…
Norwegian marine seismic contractor PGS has been awarded a 3D exploration survey by Lundin Energy in the Barents Sea, off Norway.According to PGS, the project, in the production license, in PL1083 will see sparse node and high-density multisensor GeoStreamer seismic acquired simultaneously…
Norway's Kongsberg Maritime has secured a $40 million contract to supply an integrated technology solution for the first U.S.-built wind turbine installation vessel (WTIV) - the Charybdis.The vessel, being built at Keppel AmFELS shipyard in the U…
Norwegian offshore vessel operator Eidesvik Offshore has won a contract with Equinor for the platform supply vessel Viking Queen.Eidesvik said Wednesday the new contract would start in April 2021. The contract will begin in direct continuation of the current contract with Equinor…
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