Denmark's government on Thursday agreed with a majority in parliament to put an end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.The future of Denmark's oil and gas operations…
The Italian oil giant Eni has reached an agreement to acquire a 20% stake in the 2.4 GW Dogger Bank A and B wind farms in the UK from SSE and Equinor which currently own a 50% each. Equinor said it would sell a 10% equity interest for a total consideration of around GBP 202…
U.S. oil and gas company ConocoPhillips has via its Norwegian subsidiary ConocoPhillips Scandinavia brought online its Tor II project, a redevelopment of the Tor field, which was in production from 1978 through 2015. The field is located in the Norwegian part of the North Sea…
A fire at Norway's Tjeldbergodden industrial facility on Wednesday triggered an evacuation of staff and the shutdown of Europe's largest methanol plant and a gas processing terminal, state-controlled oil firm Equinor said.A photo published by…
Norwegian energy giant Equinor and Trondheim-based independent research organization SINTEF, have signed collaboration agreements in the areas of offshore wind, marine systems, energy systems and modeling studies related to these areas.'The…
Norway's Safe labor union has come to an agreement with employers over wages and other conditions at oil service companies, it said on Thursday, preventing a strike among workers.The bargaining covered drillers, well service crews, and other workers at oil industry subcontractors Schlumberger…
Aker Carbon Capture and MAN Energy Solutions have entered into technology cooperation to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with heat recovery. 'The agreement supports the companies’…
Andreas Nauen, CEO of wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE), has been elected Chair of WindEurope for the next 18 months.The European wind energy associations said Nauens appointment came a critical juncture for the wind industry…
A consortium led by French information technology company Atos has been selected by Iberdrola's Ailes Marines to implement mission-critical communications solutions and ensure marine coordination activities for the 496 MW Bay of Saint Brieuc offshore wind farm project in France…
Norwegian oil and gas company Vår Energi has signed a framework agreement with drilling equipment firm Enhanced Drilling.Under the agreement, Enhanced Drilling will provide Vår Energi with its Cutting Transportation System (CTS) and Riserless…
Danish authorities have told offshore wind developer Ørsted to pay taxes and interests amounting to DKK 6.6 billion (around USD $1 billion) for the company's British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016…
Norwegian offshore vessel operator Rem Offshore has in the past few days announced long term contracts with Apache Corporation in the UK North Sea for three of its platform supply vessels.Rem offshore last week said it had won contracts for the platform supply vessels Rem Cetus…
Norway's oil output curbs, in place since June, are set to end on Dec. 31, the Ministry of Petroleum and Energy said on Tuesday.'The Norwegian regulation will expire at the end of the year,' the ministry said in a statement.Following a sharp…
Borr Drilling, a Norwegian contractor of shallow-water drilling rigs, warned on Monday that the company continued to face a “very challenging” financial situation after reporting $61.9 million in net loss for the third quarter.The company said…
The final turbine has been installed at the site of Belgium’s largest offshore wind farm - SeaMade, offshore installation contractor DEME said Tuesday.SeaMade, operated by Otary, is a 487,2 MW offshore wind concession in the Belgian North Sea…
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