Oil and gas company Lime Petroleum received approval from the Norwegian authorities to acquire Repsol’s 33.8434 stake in the Brage field in the North Sea, offshore Norway.'With this approval, the acquisition is expected to be completed by December 31…
UK-based energy industry engineering services firm Wood said Monday it had secured a series of UK North Sea contract awards with key clients in the fourth quarter of 2021, including Shell UK and Dana Petroleum.Wood said that the contracts were collectively valued at around $160 million…
Classification society and testing, inspection and certification services firm Bureau Veritas has welcomed the UK government’s recently announced plans to invest in the tidal energy industry, suggesting that tidal stream electricity has the…
TotalEnergies and Simply Blue Group's joint venture, Blue Gem Wind, has filed consent applications for its 100MW Erebus floating offshore wind project.The first-ever consent applications for floating offshore wind in Welsh waters were submitted this week…
A few Angolan spot cargoes changed hands on Thursday, while results from a few tenders were still outstanding.Angola's state oil firm Sonangol sold its last February spot cargo, a Girassol, to Exxon Mobil after offering it at dated Brent plus 50 cents a barrel…
Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas…
Subsea services company Oceaneering has said it has successfully completed the first onshore remote piloting of a remotely operated vehicle (ROV) in the UK sector for BP. The operations were conducted from Oceaneering’s Onshore Remote Operations Center (OROC) in Stavanger…
UK-based research and innovation center for offshore wind, wave, and tidal energy, the Offshore Renewable Energy (ORE) Catapult, has promoted Andrew Macdonald into the role of Offshore Wind Development & Operations Director, effective from February 1…
BP – the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) – has awarded contracts as part of its dual Front End Engineering Design (FEED) competition to two separate consortiums of engineering, carbon capture licensors…
Offshore vessel operator Rem Offshore said Friday it had agreed to buy four platform supply vessels from K-Line Offshore AS, which is set to be dissolved and cease to exist.K-Line Offshore, was established in Norway by Kawasaki Kisen Kaisha (K” LINE) in 2007…
No year is the same without the annual corporate festive YouTube videos. And while the pandemic is yet again trying to do its best to ruin our holidays, offshore companies have still provided us with a crop of Christmas cheer.Oceaneering, again…
UK-based crew transfer vessel operator Seacat Services said Thursday it had signed a long-term charter for catamaran Seacat Weatherly with Moray Offshore Windfarm (East) Limited.Seacat Weatherly has already started its assignments earlier this…
Japanese oil and gas company Inpex has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. a Dutch-registered subsidiary of Mitsubishi Corporation and acquire a 50% stake in the Luchterduinen offshore wind farm and…
Russia's largest oil producer Rosneft said on Tuesday that its board has approved new strategy through to 2030 with the aim of achieving net-zero emissions by 2050, earlier than President Vladimir Putin's deadline.Climate scientists have said…
NEO Energy has completed the previously announced acquisition of a portfolio of non-operated oil and gas assets in the UK Central and Northern North Sea from ExxonMobil. The company made the announcement on Wednesday.North Sea-focused oil company…
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