After two and a half years of work, the M40 module for the Wintershall DEA operated Dvalin project offshore Norway is now ready for delivery and sail away, makred by a July 18 ceremony outside the North Sea Hall at Aibel’s yard in Haugesund…
ACO Marine said a new wastewater treatment plant supplied to Damen Verolme Rotterdam has been installed and commissioned on the Stena operated semi-submersible Stena Don.The drilling rig’s existing wastewater treatment plant was heavily corroded and non-compliant with regulation MEPC 227(64)…
Aker BP has made an oil discovery in an area nicknamed NOAKA near the Alvheim field in the central part of the North Sea, the Norwegian Petroleum Directorate confirmed on Tuesday.Aker BP, operator of production licence 442, had announced the discovery earlier in July…
The EU-funded ELICAN project's 5 MW prototype, which has been installed in the Canary Islands, has become the first self-installing, bottom-fixed offshore wind turbine to be commissioned in the world with full independence of costly heavy-lift vessels…
TechnipFMC announced on Monday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Neptune Energy for the Seagull project, located in the UK North Sea.The contract, which is said to be worth $75 million-$250 million…
Suppliers hoping to tap the fast-warming Eastern Mediterranean energy market need look no further than the consortia submitting bids on 12 of 19 exploration blocks offshore Israel.With gas-supply deals in place with Egypt, Jordan, Greece and domestic Israeli producers…
The UK’s Oil & Gas Authority (OGA) said it has updated its stewardship expectations to promote industry good practice and support maximum economic recovery (MER).The set of 10 stewardship expectations have been designed to apply across the entire exploration and production lifecycle…
Italian based offshore services company Saipem said it has netted new offshore drilling contracts in Romania and Abu Dhabi worth over $160 million combined.Under one of the contract awards, Saipem will drill a well in Romania’s Black Sea waters using the semi-submersible rig Scarabeo 9…
The seabed landlord Crown Estate has presented a revised tender design for offshore wind leasing round 4 for offshore wind sites off England, Wales and Northern Ireland. The UK Crown Estate holds rights to seabeds around British Isles for wind and wave power…
A new Emergency Response Plan for Greece's offshore hydrocarbon installations has been developed through cooperation between Hellenic Hydrocarbon Resources Management (HHRM) and Lloyd’s Register.The first draft of the plan, which sets the response…
Norwegian investment firm Aker could launch its planned initial public offering (IPO) of Aker Energy in late 2019 or in 2020, depending on when Ghana approves the development plan of its Pecan oilfield, the CEO said.The company, controlled by Norwegian billionaire Kjell Inge Roekke…
Installation of the first turbine has started at the 25MW WindFloat Atlantic floating offshore wind farm off Portugal.The Windfloat Atlantic floating wind wind power project belongs to the Windplus consortium, which is jointly owned by EDP Renováveis (54…
Britain's Premier Oil on Wednesday reduced its forecast for its 2019 operating costs to $12 per barrel of oil equivalent (boe) from $13 and expects debt reduction to reach the upper end of its $250-$350 million target by year-end.Premier, which had debt of around $2…
Oil firm Okea on Wednesday reported higher core earnings for the second quarter in its first-published quarterly report since its debut on the Oslo Stock Exchange.Company's earnings before interest, tax, debt and amortization (EBITDA) came in at 594 million crowns ($69…
Cyprus on Tuesday rejected a Turkish Cypriot proposal that the two communities cooperate in the search for gas off the island, saying it was a diversion technique to real negotiations on ending the division of the country.'The proposal of the Turkish Cypriot leader…
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