Engineering and consultancy company Wood Plc said on Thursday its first-half revenue fell 21% as its clients in the energy industry cut back on spending but predicted an improvement in margins compared with crisis-hit 2020.The UK-listed firm…
Activity on the Norwegian Continental Shelf (NCS) is going to be high in the next few years, but views on the longer-term outlook differ as the balancing act over demand for energy and a need to reduce emissions – at an ever greater pace – is played out…
Offshore operations, maintenance, and asset integrity contractor Bilfinger Salamis UK has partnered with Sabik Offshore to upgrade and retrofit offshore wind marking systems in the UK and northwest Europe.'Strengthening the company’s offshore wind operations and maintenance portfolio…
The organizers of SPE Offshore Europe 2021, a UK event focused on offshore oil and gas as well as energy transition, have announced that the show’s face-to-face event is moving to 1-4 February 2022 at P&J Live, Aberdeen and the conference will run virtually from 7-10 September 2021…
Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway's Johan Sverdrup field, the Swedish company said on Wednesday.Oil companies…
UK-based oil and gas company Hurricane Energy has hired the Stena Don semi-submersible drilling rig for the plugging and abandonment of its Lincoln-14 offshore well west of Shetland.The Lincoln-14 well, formally named the 205/26b-14, is located…
Equinor will increase the share of investment it dedicates to renewable energy and so-called low-carbon solutions as it seeks to broaden its business, the Norwegian oil and gas producer said in a strategy update on Tuesday.The majority state-owned firm…
France's TotalEnergies, Macquarie Group's Green Investment Group, and Scotland's Renewable Infrastructure Development Group said on Wednesday they will jointly bid for sites in Scotland’s next offshore wind leasing round.The companies have joined…
Engineering firm Wood has secured an extension of its existing framework agreement with the Norwegian oil and gas giant Equinor. Wood will continue to support Equinor's offshore assets on the Norwegian Continental Shelf as part of the agreement…
Offshore drilling firm Transocean said Wednesday it had secured drilling rig contracts worth $116 million in total for two rigs in Norway.First, the Transocean Barents semi-submersible drilling rig was awarded a two-well contract in Norway, with a start expected in February 2022…
Australian oil and gas company Far has hired Stena Drilling's Stena IceMax drillship to drill the Bambo-1 well offshore The Gambia. The well is expected to be spudded in the fourth quarter of 2021.The Bambo-1 well in Block A2 is designed to drill into 3 prospects with a total estimated recoverable…
Having scaled the peak of becoming the world's top exporter of liquefied natural gas (LNG), Australia's producers of the super-chilled fuel are contemplating switching their industry around to become the global leader in hydrogen.The keynote…
Dutch offshore services company Fugro, in partnership with AS Mosley and the University of Strathclyde, has designed a real-time mooring line fatigue tracker for offshore floating wind turbines, minimizing the need for in-person inspections…
Malaysian oilfield services company Uzma has received a contract from Medco to provide chemical supply and services for the Bualuang field offshore Thailand.The contract, issued to Uzma’s subsidiary MMSVS, is for three years on a callout basis…
Oil and gas firm Jadestone Energy, which has, since 2019, been working to complete the acquisition of OMV's interest in the Maari field off New Zealand, now expects to wrap the deal 'in the second half of 2021.'Singapore-based Jadestone in November…
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