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%22Nord Stream%22 News

Russia Urges Sweden to Share Nord Stream Investigation Findings

Feb 21, 2023

Russia renewed its calls on Sweden late on Monday to share its findings from the ongoing investigation into the explosions that damaged the Nord Stream gas pipelines last year. The U.N. Security Council will meet on Tuesday to discuss 'sabotage'…

U.S. Judge Dismisses Lawsuit Challenging Offshore Wind Farm Development Plans

Mar 14, 2023

A federal judge has dismissed a lawsuit filed by New York and New Jersey residents challenging preliminary government plans for offshore wind farm development off the Atlantic coast.U.S. District Judge Dabney Friedrich in Washington, D.C., said [last] Thursday that the U…

Turkey Postpones Gas Hub Summit to March 22 after Earthquake

Feb 10, 2023

Turkey has postponed a natural gas summit due to be held on February 14-15 until March 22, an energy official said on Friday, after a major earthquake hit its southeastern region. Setting up a gas hub in Turkey was first proposed by Russia's…

Nord Stream Pipeline Blast Inquiries Ongoing, Denmark, Sweden, Germany Tell UN

Feb 23, 2023

Investigations by Denmark, Germany and Sweden into explosions on the Nord Stream gas pipelines have not yet concluded, the three countries said on Tuesday as the U.N. Security Council met to discuss the September incident.Russia, which called for the meeting…

Deteriorated Bollard Caused Drillship Breakaway and Collision

Mar 16, 2023

A deteriorated bollard led to a Valaris drillship breaking away and colliding with a bulk carrier in Pascagoula, Miss. last year, the National Transportation Safety Board (NTSB) said Thursday.On March 12, 2022, the mobile offshore drilling unit…

Wintershall Dea Buys 24% in Smart Well Flow Diagnostics Firm

Mar 09, 2023

Oil and gas company Wintershall Dea said Thursday it had invested in Norway-based smart well flow diagnostics provider Wellstarter. 'The Norwegian based company has developed an innovative solution, offering cost effective and real time wireless downhole flow monitoring…

Petrobras Extends DOF Subsea Vessel, ROV Services Contract

Mar 06, 2023

The Brazilian oil company Petrobras has exercised a charter extension option for DOF Subsea's diving support vessel Skandi Achiever, including ROV and diving services.  The new commitment will now run until February 2024.This is the second vessel deal for DOF Subsea in Brazil in as many weeks…

Five Firms Apply for North Sea CO2 Storage in Norway

Mar 06, 2023

Five companies have applied for an area in the Norwegian section of the North Sea for potential storage of CO2, The Norwegian Ministry of Petroleum and Energy said Monday.According to the plan, acreage will be awarded in the first half of this year…

SLB Launches Cement-free System to Cut CO2 Footprint of Well Construction

Mar 06, 2023

Oilfield services giant SLB, until recently known as Schlumberger,  on Monday introduced the EcoShield geopolymer cement-free system that it says minimizes the CO2 footprint of a well’s construction.' This innovative technology eliminates up…

Rystad: Offshore Oil & Gas is Back

Mar 07, 2023

The offshore oil and gas sector is back and is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up, the Norwegian energy industry intelligence firm Rystad said in a report Tuesday…

Petrojarl I FPSO Back Online in Brazil

Mar 01, 2023

Brazilian oil company Enauta announced the Petrojarl I floating production storage and offloading unit (FPSO) is back online following preventative maintenance.The FPSO, used as an early production system at Enauta's Atlanta field, required a brief period of work on its water-cooling system…

Specialist Lawyers Flag Potential Lawsuits against Petrobras after Asset Sales Suspension

Mar 06, 2023

Petrobras could face lawsuits for breach of contract after the company halted planned asset sales at the request of Brazilian leftist President Luiz Inacio Lula da Silva's government, specialist lawyers said on Friday.Petroleo Brasileiro SA…

Technip Energies' Annual Revenue, 2023 Guidance Hit by Russia Exit

Mar 03, 2023

French oil and gas services provider Technip Energies announced on Thursday lower annual revenue and guidance for 2023, citing the impact of its exit from a major LNG project in Russia. While the project withdrawal had no financial impact on the company in 2022…

CNOOC Confirms Third Oilfield Discovery with 100 Million Tons of Reserves in Southern Bohai Sea

Mar 02, 2023

Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery 'brings another hundred million tons of reserves.'Bozhong 26-6 oilfield is located in the south of the Bohai Sea…

UK's Engineering Giant Wood Group Rejects Takeover Approach

Feb 24, 2023

Shares of John Wood Group Plc surged over 30% on Thursday after the company said it received three preliminary buyout proposals from private equity firm Apollo Global Management Inc. The British oilfield services and engineering firm said late…

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