The Norwegian Petroleum Directorate (NPD) has completed its five-week seabed mineral research expedition on the Mohn Ridge in the northwestern Norwegian Sea, in cooperation with TIOS and using Island Offshore's Island Valliant vessel. The NPD…
A report on Norwegian energy firm Equinor's loss-making investment in the United States detailed significant problems the state-controlled company should have dealt with faster, its chair and chief executive said on Friday.In June, Norway's…
Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…
A floating offshore wind supply chain group has been formed in Scotland, as a subgroup of the Scottish DeepWind supply chain cluster, looking to ensure that the local firms benefit from the nascent but growing floating offshore wind industry…
Oil firms and labor officials in Norway are to meet on Friday with a state-appointed mediator to try to end a strike that threatens to cut output from western Europe's biggest oil and gas producer by some 25%.Six offshore fields shut on Monday…
Hurricane Delta raked across the Gulf of Mexico, halting most of the region's offshore oil output on Thursday after energy companies shut-in wells, pulled staff from offshore platforms and began securing coastal processing plants.The storm was about 370 miles (595 km) south of Cameron…
Denmark's government urged political parties to discuss the future of oil and gas extraction in the North Sea after Total withdrew from the latest licensing round, the Ministry of Climate, Energy, and Utilities said on Thursday.'Total, which is the North Sea's largest operator…
A strike by oil workers in Norway could cut output from western Europe's biggest oil producer by almost a quarter, operators have warned, though the striking union said a resolution remained possible.Widening strike action raised the prospect…
Oil and gas company Neptune Energy is increasing its stake in an offshore license in Norway which contains the Dugong oil discovery, dubbed Norway's largest oil find so far this year. The company hopes to submit the field development plan in 2022…
Oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta, though fuel demand concerns persisted on fading chances for a U.S. economic stimulus deal and after a build in U.S. crude inventories…
Chevron’s market value leapfrogged that of Exxon Mobil for the first time on Wednesday during a week in which it closed a $4.1 billion, all-stock deal for Noble Energy, a smaller oil and gas producer.Chevron’s market cap ended the day around $142 billion…
UK-based oil firm Bridge Petroleum has appointed well-engineering company Fraser Well Management (FWM) to operate the suspended appraisal well in the Galapagos field in the Northern North Sea.The Galapagos field is the former un-depleted North West Hutton Field which…
The first batch of topside modules has been shipped for a floating production storage and offloading (FPSO) unit for Japan's MODEC, U.S.-based engineering and construction firm McDermott International said on Wednesday.The FPSO, named Miamte MV34…
Offshore wind turbine maker MHI Vestas Offshore Wind has said it has moved into Able Seaton Port (ASP) as preparatory works begin for turbine installation of the Triton Knoll Offshore Wind Farm in the UK.'MHI Vestas has moved in to Able Seaton…
UK-based ROV services provider ROVOP has said it has delivered its first remote platform-based inspection, repair, and maintenance workscope, 'effectively reducing the number of personnel required offshore,' on Premier Oil's Balmoral floating production vessel in the UK North Sea…
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