Nord Stream 2 News

 

Odfjell to Put Floating Wind Tech on Try-Outs at Norwegian Test Center

May 20, 2025

Odfjell Oceanwind has secured a slot with 24 MW capacity grid connection at the Marine Energy Test Centre (METCentre), where it will install one full-scale floating offshore wind turbine in 2028.The project, named SCALEWIND, will demonstrate…

Norway Opens Bidding Round for Three Floating Wind Areas

May 19, 2025

The Norwegian government has launched a bidding process for three floating wind project locations at Utsira Nord area.The awarding of project areas for offshore wind and state aid will take place in two stages, with a maturation phase in between…

Mitsui’s STATS Rolls Out Titanium Connector for Oil and Gas Sector

May 15, 2025

STATS Group, a wholly owned subsidiary of Mitsui & Co, has developed mechanical pipe connectors, aimed at addressing increased demand in the Norwegian oil and gas sector.Titanium is better suited to high-stress corrosive environments found in…

Nord Stream 2 Reaches Debt Restructuring Deal

May 12, 2025

A court in Switzerland said on Friday that Nord Stream 2, part of Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors.The court had set a deadline of May 9 for Switzerland-based Nord Stream 2 to both restructure its debts and pay back small-scale creditors…

Use of Drones for Improved Security of Oil and Gas Up for North Sea Trials

May 08, 2025

A 12-month North Sea trial will start this summer to test the widescale use of drones flying alongside other aircraft, such as helicopters, which could unlock the potential of using drones to boost the security of oil and gas platforms.The trial is run by the Civil Aviation Authority…

CRP Subsea to Supply Well Equipment for Shell’s Whale Development

Apr 30, 2025

CRP Subsea, an AIS company, has secured a contract with Shell for the supply of crushable foam wrap (CFW) for the Whale deepwater development in the Gulf of America.The initial order is for one well-set, with additional orders for four more well-sets expected throughout 2025…

INEOS, Covestro Agree Eight-Year LNG Gas Supply

Apr 30, 2025

INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027.The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness…

Vaar Energi Misses Quarterly Profit Forecast

Apr 23, 2025

Oslo-listed oil and gas firm Vaar Energi on Wednesday reported a lower-than-expected operating profit for the first quarter, but said it would maintain its dividend level as it prepares for a sharp rise in output in coming months.Vaar's earnings…

CNOOC Puts Into Production New Oil Field in South China Sea

Apr 14, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea.The main production facility is a new drilling and production platform…

RWE Drops Bubble Curtain to Silence Construction Noise at Sofia Offshore Wind Farm

Apr 11, 2025

RWE has deployed a bubble curtain technology in the U.K. for the first time to protect marine life from the construction noise at its Sofia offshore wind farm.RWE has been working with Hydrotechnik Offshore to introduce an innovative underwater noise-abatement technology…

Aker BP, SLB, Stimwell Renew Alliance for Boosting Oil Production

Apr 03, 2025

Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production.Formed in 2019, the alliance has supported Aker BP’s operated assets in meeting production targets…

Equinor Brings Norway’s Northernmost Field On Stream (Video)

Mar 31, 2025

The Johan Castberg oil field in the Barents Sea came has come on stream, strengthening Norway’s role as a long-term energy exporter.The Arctic field came online on March 31, at 10.35 local time.Expected to be in production for 30 years, Johan Castberg can produce 220…

DNO Finds Oil and Gas in Northern North Sea

Mar 26, 2025

Norwegian oil and gas operator DNO has made an important oil and gas discovery in Northern North Sea license PL1182 S, using Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in Paleocene injectite sandstones of excellent…

TechnipFMC to Work on Boosting Output at Equinor’s Johan Sverdrup Field

Mar 25, 2025

Oilfield services company TechnipFMC has been secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.The Johan Sverdrup field…

Equinor Brings On Stream Halten East Field in Norwegian Sea

Mar 17, 2025

Equinor has started production at the Halten East development in the Norwegian Sea, two years following approval from Norwegian authorities.Halten East is a tie-in development located in the Kristin-Åsgard area in the Norwegian Sea. Vår Energi and Petoro are partners…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Bloomberg News Reports Shell i

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

Shell is in advanced discussio

ESG Completes Service Operation Vessel Conversion for HOS

ESG Completes Service Operatio

Orbital Marine Power Secures $9.31m Investment

Orbital Marine Power Secures $

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