Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…
Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the center-right government said as it presented its long-term energy strategy on Friday.Europe's second…
Offshore wind developer RWE said Friday it had started construction of its flagship 1.4 gigawatts Sofia offshore wind farm project in the UK. The Sofia is the largest project currently in construction across the company's entire renewables portfolio…
Some 1,065 members of two Norwegian labour unions could go on strike on June 17 if wage talks fail, hitting oil exploration and other drilling services, the unions said on Friday.A strike would not affect oil and gas output in the initial round…
Oslo-listed offshore vessel owner S.D. Standard Drilling Plc. has agreed to sell the Standard Olympus platform supply vessel for $7.5 million to an undisclosed buyer.'The sale of Standard Olympus will result in a gain for Standard Drilling of gross USD 1…
Fugro's soon-to-be-sold marine seismic acquisition subsidiary Seabed Geosolutions has received a conditional Letter of Award (LOA) from an undisclosed company for an ocean bottom node (OBN) project in the Americas region.The project is anticipated…
In past decades, the UK has established itself as an underwater technology pioneer with 40% of the global market share. The North Sea oil and gas sector has fueled a great deal of this innovation to date. Still, as the energy transition accelerates…
Norwegian oil services firm Aker Solutions said on Thursday one of its managers was being questioned by Malaysian authorities and three sources familiar with the case said they expected charges to be brought on Friday.Malaysia's Anti-Corruption…
Oil and gas company Neptune Energy has completed a virtual reality pilot on its Gjøa platform in the Norwegian North Sea, enabling teams to make highly realistic virtual visits to the facility. The technology, developed by PaleBlue and used…
Norwegian oil firm Equinor has drilled two dry wells near the Fram field in the North Sea, offshore Norway.Using the Deepsea Atlantic semi-submersible drilling rig, Equinor drilled the wells 35/11-25 S and 35/11-25 A in the production licence 090…
French oil and gas giant TotalEnergies (formerly Total) has been crowned the upstream industry’s most-admired explorer for the second year in a row. The accolade is awarded as part of Wood Mackenzie’s annual Exploration Survey. The award ceremony…
Offshore wind developer Parkwind has granted subsea cable manufacturer JDR a contract to provide, test, and terminate 33kV subsea cables for the Arcadis Ost 1 offshore wind farm in Germany.JDR, part of TFKable Group, will supply the 45km of 33kV array cable that will connect the 27 wind turbines…
Marine seismic contractor Shearwater GeoServices has sold the seismic vessel Western Trident for recycling as part of the company’s fleet renewal strategy.The vessel has been delivered in Turkey for recycling. In late 2020, Shearwater also sold…
The Norwegian Ministry of Petroleum and Energy on Wednesday invited oil companies to apply for acreage in the mature areas of the Norwegian continental shelf as part of the Awards in predefined areas 2021 (APA 2021) licensing round.APA 2021…
Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the U.S. secretary of state said sanctions against Tehran were unlikely to be lifted.Brent crude futures were up 44 cents…
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