French energy giant Total is in advanced talks with privately owned firms Albion Energy and First Alpha Energy Capital on the sale of some of its British North Sea assets, two industry sources said.In July, four banking sources told Reuters…
Europe's oil and gas exploration and production company with operations focused on Norway Lundin Petroleum AB said that its wholly owned subsidiary Lundin Norway AS has completed the drilling of the Silfari exploration well 6307/1-1S located in PL830 in the Norwegian Sea…
Oceaneering International announced Thursday it has secured a three-year Provision of Inspection Enactment Services contract with Petrofac’s Engineering and Production Services division in the Western Hemisphere, growing its asset integrity portfolio within the U…
British North Sea-focused oil and gas producers, Oranje-Nassau Energie (ONE) and Dyas, have agreed to merge to expand production, the privately-owned companies said on Thursday.The merged group, ONE-Dyas, will operate alongside a group of of…
Britain's Faroe Petroleum reiterated on Thursday its opposition to a hostile bid by Norway's DNO, which it said was 'inadequate' and substantially undervalued the Aberdeen-based firm.DNO, which last week maintained its offer to buy Faroe in…
Ocean Power Technologies' PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project that aims to develop, deploy and demonstrate wave energy renewable technologies in oil and gas operations, the U.S.-based ocean energy solutions provider announced Wednesday…
Norway's November oil and gas output was lower than originally expected due to a collision between a navy frigate and an oil tanker that triggered shutdowns of major export facilities and several offshore fields, the country's oil regulator said…
Norwegian oil and gas firm Equinor has awarded an engineering, procurement and construction (EPC) contract to OneSubsea, a Schlumberger company.The contract is for the supply of the industry’s first all-electric actuated subsea boosting system for the Vigdis Field in the Norwegian North Sea…
According to RenewableUK, more than 2GW of new offshore wind capacity has been installed off the Great British coast in the last twelve months - a record breaking volume for the UK.Eight new offshore windfarms were officially opened during the year…
Danish shipping company Esvagt is to provide MHI Vestas with a new service operation vessel for work on Moray East offshore wind farm off the coast of Scotland.'Another Esvagt Service Operation Vessel (SOV) for offshore wind farms is on its way to MHI Vestas…
Norwegian subsea contractor Ocean Installer and Norwegian multinational energy company Equinor ASA have signed a contract that covers the floating production storage and offloading unit (FPSO) mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea…
Services provider Petrofac said its Engineering and Production Services (EPS) business has secured a construction and commissioning contract with Ithaca Energy to prepare the FPF-1 floating production facility for the BP-operated Vorlich field in the Central North Sea…
Norwegian oil firm DNO has bought another 914,732 shares in Faroe Petroleum at 151.6 pence each, it said on Tuesday.The purchase, at just below the 152 pence per share price it has offered in a takeover bid for Faroe, adds slightly to DNO's stake…
The global engineering company based in Oslo Aker Solutions announced that it will provide engineering services for BP’s Clair South project in the UK North Sea.The pre-FEED (Front End Engineering and Design) contract, which was awarded in September…
A video from Norway's Equinor outlines the road to production at the Aasta Hansteen gas field in the Norwegian Sea, which opened a new region for gas export to Europe when it came on stream on Sunday.“Located in 1,300 meters of water, this is…
Subscribe
