Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, has entered into a non-binding Memorandum of Understanding with Siemens Gamesa and Siemens Energy.Under the MoU Odfjell Oceanwind intends to use…
A former senior executive of Monaco-based oil and gas consultancy, who was sentenced to jail over a bribery plot in post-occupation Iraq, has been ordered to pay 402,466 pounds ($560,000) by a London judge.The UK Serious Fraud Office (SFO), which prosecuted the case…
Norway's oil and gas production exceeded official expectations in May, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output declined 4.2% from April to 1.654 million barrels per day (bpd) in May, while the NPD's forecast for the month had stood at 1…
Oil and gas company Taqa has filed plans for the decommissioning of the topsides of the Cormorant Alpha platform in the North Sea.The Cormorant Alpha platform is located in Block 211/26 of the Northern North Sea (NNS), approximately 103 km…
Romanian oil and gas company Romgaz said Friday it had signed an exclusivity agreement with ExxonMobil, in relation to Exxon's planned sale of rights in an offshore block in the Romanian part of the Black Sea.As previously reported, Romgaz in…
U.S. Gulf of Mexico pipeline operator Williams has struck a deal with Beacon Offshore to provide offshore gas gathering and transportation services and onshore gas processing services to the Shenandoah offshore development.Williams will provide…
The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it would be conducting an environmental review of a potential wind energy project offshore New York and New Jersey.The agency said it would on Friday, June 18, 2021, BOEM publish…
Danish offshore vessel owner Esvagt is seeing an increase in activity and has brought more vessels into service to keep up.'Increased activity in the autumn and again this spring have brought more Esvagt vessels into service; most recently the ’Esvagt Castor’ and the ’Esvagt Carpathia’…
U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions…
Production has kicked off from the Gårsel (Gray Seal) oil field in the Skarv area, off the coast of Norway, four months ahead of plan, according to Norwegian oil and gas giant Aker BP.Aker BP CEO, Karl Johnny Hersvik said: 'I’m very proud of…
Chevron Corp and Occidental Petroleum Corp said on Thursday they were withdrawing staff and implementing storm precautions at their U.S. Gulf of Mexico offshore facilities ahead of a brewing tropical storm.A weather disturbance over the Gulf…
Oil major Shell teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades…
ABB's subsea power system, capable of distributing up to 100 MW of electricity over long distances and in ultra-deepwater, has won this year’s Underwater Technology Conference (UTC) Award.ABB’s US$100 million Subsea Power Joint Industry Project…
Chemicals group BASF put the planned stock market listing of its Wintershall Dea business on hold on Wednesday until further notice, saying the market was underestimating the value of oil and gas companies.BASF and co-owner LetterOne will postpone the Initial Public Offering (IPO)…
Offshore wind installation company Cadeler said Thursday it would replace the main crane on the Wind Osprey jack-up with a bigger one, to make it capable of installing the largest offshore wind turbines.In December last year, Cadeler hired NOV…
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