Preparations were underway to inspect a subsea gas pipeline connecting Finland and Estonia after a sudden drop in pressure was detected, Finnish gas system operator Gasgrid said on Monday.The Balticconnector link was shut early on Sunday on…
Dutch offshore installation firm Van Oord said Monday that its flexible fallpipe vessel Nordnes had recently reached a major milestone.'The vessel has installed a staggering 20 million tonnes of rock, a record unparalleled in the subsea rock installation market…
Repairing a subsea gas pipeline connecting Finland and Estonia that was shut on Sunday due to a suspected leak could take months or more if a puncture is confirmed, Finnish gas system operator Gasgrid said.The Balticconnector pipeline suffered a sharp drop in pressure…
Oilfield services company TechnipFMC has recently secured a contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil.TechnipFMC said the contract was a significant one, which for TechnipFMC means it is worth between $75 million and $250 million…
Oil major BP has selected offshore installation contractor Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal.Allseas will conduct the offshore…
U.S. oil firm ConocoPhillips has received approval from the Norwegian authorities to start up its Tommeliten A field in the North Sea.ConocoPhillips estimates that around 24 million standard cubic meters (150 million barrels) of oil equivalent can be recovered from Tommeliten A…
BP is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billion, according to people familiar with the matter.The potential divestment would help BP meet its targets to reduce debt and maintain its dividend…
Dutch and British wholesale gas prices fell on Friday morning as Norwegian pipeline supplies picked up after some maintenance outages ended.The Dutch October contract edged down by 0.68 euro to 38.95 euros per megawatt hour (MWh) by 0820 GMT…
A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed.U.S. District Judge…
One year on from explosions that damaged the Nord Stream gas pipelines under the Baltic sea between Russia and Germany, the question of who was behind them is unresolved.On Sept. 26, 2022, Swedish seismologists registered several blasts, some…
High levels of gas storage, lower energy prices and new sources of fuel mean Europe is heading into a second winter with scarce Russian gas in a more comfortable position than a year ago.After decades of relying on Russia to supply cheap gas…
Azerbaijan is trying to take back control of Nagorno-Karabakh, a breakaway territory controlled by ethnic Armenians, in the latest escalation of a decades-old conflict. Developments over Karabakh could alter the geopolitical balance in the South Caucasus…
Offshore installation and construction services company McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil.Under the scope of the contract, of an undisclosed value…
The Swedish investigation into the sabotage last year of the Nord Stream pipelines is at a sensitive stage and the prosecutor hopes to decide whether to bring any charges before the end of this year, he told Reuters on Wednesday.In September 2022…
Norwegian offshore support vessel firm DOF said Monday it had won three new service contracts with the Brazilian oil firm Petrobras.'The contracts were originated by a competitive bid process won by DOF and include work within our core service lines for Survey and Inspection…
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