North Sea-focused oil and gas company Orcadian has entered into a non-binding Heads of Agreement with Rapid Oil Production Ltd to dispose of its interests in the Crinan and Dandy discoveries in the UK North Sea.Orcadian, which describes the Crinan and Dandy as non core assets…
Germany's Wintershall Dea aims to produce a record 200,000 barrels of oil equivalent per day (boed) from Norwegian oil and gas fields in 2023 and will continue to expand its business there, the head of the company's Norwegian unit told Reuters…
A consortium between Dragados Offshore and Siemens Energy has won a contract with Amprion Offshore to build the HVDC converter platforms for both the LanWin1 and LanWin3 HVDC grid connection projects.The projects are the first of two-gigawatt…
Maritime satellite communications services firm Marlink is equipping Solstad Offshore vessels with Starlink connectivity integrated with the Sealink VSAT, L-band backup, and 4G services.'Solstad Offshore is the first offshore vessel operator…
China's CNOOC Ltd has set its 2023 production target at a record 650 million to 660 million barrels of oil equivalent (boe), about 8% above last year's goal. The state-controlled offshore oil and gas company produced about 620 million boe last year…
Norway on Wednesday announced an area in the North Sea for applications related to the injection and storage of CO2 on the Norwegian continental shelf.Minister of Petroleum and Energy Terje Aasland said there was a great interest from companies…
The U.S. Interior Department on Tuesday named Elizabeth Klein, a lawyer who worked in the Obama and Clinton administrations, to head the bureau that oversees offshore oil, gas and wind development.Klein will take over for the current head of the Bureau of Ocean Energy Management…
China's CSSC Haizhuang has said it is working to build the H260-18MW offshore wind turbine, which will break a global record with an 18MW capacity rating. The turbine will have a giant 260-meter-diameter rotor.According to CSSC Haizhuang, the H260-18MW offshore turbine has a swept area of 53…
Offshore energy industry services company Acteon Group Ltd has appointed Dr Bernhard Bruggaier as Group Chief Executive. He succeeded Dr Carl Trowell, effective from January 1, 2023.Bruggaier joined Acteon’s subsidiary MENCK in 1994, became its Managing Director in 1998…
Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…
The Supreme Court in the Philippines on Tuesday declared the country's 2005 energy exploration agreement with Chinese and Vietnamese firms was illegal, ruling that the constitution does not allow foreign entities to exploit natural resources…
Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…
UK North Sea-focused oil and gas company Orcadian's management said Tuesday it had completed an update of its estimate of technically recoverable resources for the Pilot field, increasing it 18% to 97 MMbbl for a P50 case based upon a polymer flood development scheme…
Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…
Offshore services firm Tekmar Group said Tuesday that its group companies Pipeshield International Limited and Subsea Innovation Limited had secured several significant contracts.According to Tekmar, Pipeshield International Limited has won…
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