Norwegian offshore engineering firm Aker Solutions has said it has won a 'substantial' contract with Petrobras to provide a subsea production system and related services for the Mero 4 project, offshore Brazil. Aker Solutions defines a substantial…
Germany's energy regulator said on Tuesday it had suspended the certification process for the Nord Stream 2 pipeline to pump Russian gas and said the Swiss-based consortium needed to form a company under German law to secure an operating licence…
Dutch shipbuilder Royal Niestern Sander last weekend launched 'yard number 862', a shallow draft ice-breaking walk to work vessel, being built for a joint venture between the Russian companies Mercury Sakhalin and Pola.'The world’s first ice…
Russia's Gazprom declined to book extra capacity to ship more gas to Europe at auctions on Tuesday, a step that would have helped ease prices in a market haunted by worries about Moscow's intentions.The Kremlin said Russia remains committed…
Norway's trade surplus rose to a record high in October as revenues from its offshore petroleum fields soared, led by a spike in the price of natural gas, national statistics agency (SSB) data showed on Monday.The October surplus hit 84.5 billion Norwegian crowns ($9…
Serica Energy's Columbus field in the UK North Sea will see its first production start-up delayed due to restricted capacity at Shell's Shearwater platform.The Columbus field development plan, approved in 2018, envisions the reservoir will be…
Royal Dutch Shell set itself tougher emissions-cutting targets on Thursday, even as it reported a lower-than-expected third-quarter profit of $4.13 billion.The oil major said it would cut absolute emissions from its operations and the electricity it uses…
Hiber, a company that describes itself as the satellite-enabled IoT scale-up, is bringing its HiberHilo remote well-integrity monitoring technology in the Middle East to assist oil and gas operators in the region in monitoring their remote wells via satellite connectivity…
U.S.-based offshore vessel owner Jackson Offshore Operators has acquired the M/V STORM platform supply vessel.Once it has completed regulatory requirements, the M/V STORM will start a five-year contract with Shell in the U.S. Gulf of Mexico…
A group of U.S. Senate Republicans said on Monday they had introduced legislation that would impose mandatory sanctions on Nord Stream 2, a Russian-backed natural gas pipeline that opponents believe would be harmful to U.S. allies in Europe…
Chevron Corp and its partners in the Gorgon liquefied natural gas (LNG) project in Western Australia have agreed to buy carbon credits likely to cost more than $180 million as a penalty for failing to meet a five-year target for carbon capture and storage (CCS)…
Shell Midstream Partners said on Friday that its offshore and onshore crude and product systems will mainly drive its cash delivery.Deepwater projects in the Gulf of Mexico including Vito and PowerNap will flow into the company's systems and not only replenish…
The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potential climate deception by the energy industry…
Seismic data company CGG has licensed its Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO2 storage developments. Northern Lights JV DA, owned equally by Equinor…
Russia's flagship Urals oil grade is facing growing competition in its European heartlands amid rising supplies of Norway's Johan Sverdrup (JS Blend) crude and reduced opportunities for the Norwegian grade in Asian markets, traders said.Urals and JS Blend…
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