Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…
Fugro and Enviros have secured contracts with the Norwegian Petroleum Directorate (NPD) for mapping of the shallowest strata under the seabed offshore Norway, with the objective of locating sites that are best suited for the installation of wind turbines…
Oilfield services company Archer Limited has acquired Aberdeenshire-based firm Romar-Abrado, which offers services to the plugging and abandonment market. The acquisition is based on an enterprise value of USD 8 million, plus an earn-out pending trading performance over 2023 to 2025…
Hellenic Cables has hired the offshore installation company Asso.subsea to move, install, and protect the 220 kV export subsea cable system that will connect the Windanker offshore wind farm to the German extra-high voltage transmission grid…
Norway's Aker Solutions will upgrade Altera Infrastructure's Petrojarl Knarr floating production storage and offloading vessel (FPSO) to be redeployed at Equinor's Rosebank field development, offshore the UK. Petrojarl Knarr was built by Samsung…
TotalEnergies encountered hydrocarbons upon entering the reservoir during recent appraisal drilling at the Isabella discovery in the UK North Sea, about 270 km southeast of Aberdeen.This was shared by Ithaca Energy, TotalEnergies' partner in the Isabella discovery (P1820) in Block 30/12d-12…
The Norwegian oil and gas companies OKEA and DNO Norge have signed a deal for OKEA to enter the offshore license in Norway containing the Brasse discovery, with a 50% stake effective January 1, 2023. Following the transaction, DNO and OKEA will each hold 50% WI in the (PL740)…
Neptune Energy has signed a Memorandum of Understanding with Ørsted and Goal7 to investigate using offshore wind-generated electricity to power new integrated energy hubs in the UK North Sea.Integrated energy hubs have the potential to combine multiple energy systems…
Norwegian Energy Company (Noreco) said Friday it had reached a milestone on the hook-up and commissioning campaign of Tyra II with the crane on the process module (the 'TEG') now in permanent use. 'The milestone was planned for early Q1 2023…
Lime Petroleum AS, a subsidiary of Rex International, has completed the acquisition of a 10 percent stake in the Yme offshore oil field in Norway from Kufpec for an after-tax consideration of $$68.053 million. The completion, in agreement with KUFPEC…
Hurricane Energy's largest shareholder Crystal Amber Fund is calling for the removal of top management at the British company and the appointment of two directors from another firm that the fund says could invest in Hurricane.Hurricane put itself…
Seismic data acquisition and processing companies CGG and TGS have together secured a contract for the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Sleipner Area of the Norwegian Continental Shelf (NCS)…
Some 170 members of UK's largest union Unite working for Petrofac on Repsol's UK North Sea offshore platforms, are taking 48-hour strike action from Thursday, December 22, the union has informed. Separately, 76 unite members who are Petrofac…
German renewable energy firm RWE has selected Port of Blyth as offshore construction base for its 1.4 GW Sofia Offshore Wind Farm, one of the world’s largest offshore wind projects.'Commissioned in December 2000, Blyth was home to the UK’s first offshore wind turbine pilot project…
Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…