Norwegian oil firm Aker BP has chartered a platform supply vessel from compatriot offshore vessel owner Eidesvik Offshore.Eidesvik Offshore said Wednesday that Aker BP had awarded it a contract for the 92,2-meters long Viking Lady offshore vessel under the framework agreement between the parties…
The oil price crash has led to Danish offshore wind developer Orsted overtaking Norwegian oil major Equinor as the most valuable energy company in the Nordics, highlighting the appeal to investors of renewables over fossil fuels. Shares in Equinor…
Britain's Oil and Gas Authority has halted its licensing rounds for offshore exploration acreage in the North Sea at least until next year, it said on Tuesday.'The OGA have temporarily paused Licence Round activity... There will be no Round in 2020/21…
One person has tested positive on the coronavirus at Equinor's Martin Linge offshore platform in the Norwegian Part of the North Sea.'The person is not seriously ill. Equinor is in dialogue with the Norwegian health authorities about further measures…
Dutch offshore lifting equipment provider KenzFigee has won a contract to deliver two 3-ton electric hydraulic Ram Luffing offshore cranes to be installed on the Neart na Gaoithe (NnG) offshore substation topsides.According to the supplier of tailor-made marine and offshore cranes…
Dutch provider of geo-intelligence and asset integrity solutions Fugro has partnered with the US National Oceanic and Atmospheric Administration Office of Ocean Exploration and Research (NOAA OER) to establish a new ‘opportunistic’ approach…
Tailwind Energy, an oil and gas venture founded in 2016 and supported by Mercuria and Petrofac, said that it is working towards committing to development of the Evelyn field located in the UK Central North Sea.The first phase of development will consist of a single well…
European transmission system operator TenneT has awarded VDL Network Supplies a contract to support the construction of half of the wintrack pylons (high-voltage pylons) for a new 380 kV high-voltage connection from Borssele to Rilland.The new pylons…
Ocean energy solutions innovator Ocean Power Technologies (OPT) said it it is working with joint development partners Modus Seabed Intervention and Saab Seaeye to develop a new solution for carbon-free subsea autonomous underwater vehicle (AUV) residency that would provide long-term…
Oilfield services firm Archer announced Tuesday that Dag Skindlo will take over as the company's new Chief Executive Officer and that Espen Joranger will succeed Skindlo as Chief Financial Officer.Skindlo joined Archer as Chief Financial Officer and EVP Strategy in May 2016…
Chevron said it is looking at ways to cut spending, which could lead to lower near-term oil and gas production, following the recent collapse in the oil price. The U.S. company is the first oil major to confirm it is reassessing its spending in the wake of the price collapse…
Oilfield services firm TechnipFMC has said it won a 'significant' integrated engineering, procurement, construction, and installation contract from BP in Angola. For Technip - 'significant' contract is between $75 million and $250 million.Under the contract…
Offshore cable installation specialist Global Offshore has received a contract for cable installation and burial at the Kincardine Floating Offshore Wind Farm for Spanish developer and construction company Grupo Cobra.Global offshore will use the cable installation vessel the Normand Clipper…
A sustained price war could see marginal projects delayed and hasten a predicted decline in new awards, writes Gregory Brown, Maritime Strategies InternationalThe optimism that was very much present in the offshore market at the turn of the year has ebbed away with the spread and impact of COVID-19…
Equinor Energy has received approval from the Norwegian Petroleum Directorate to drill a wildcat well in the North Sea, offshore Norway.The company will use the West Hercules semi-submersible drilling rig to drill the Gabriel prospect exploration well formally named well 35/10-5…
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