Norway's Equinor has received approvals to drill two offshore wells in the production licence 090 in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which has granted the regulatory approvals for the drilling operations…
Norway's $1.3 trillion wealth fund, the world's largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, primarily by removing small-cap stocks, the finance ministry proposed on Friday…
Acta Marine has this week completed its three-year maintenance campaign for Ocean Breeze on the Bard Offshore 1 wind farm, the first commercial offshore wind farm in Germany.Acta Marine's Acta Auriga walk-to-work support vessel - which offers…
The Polish Energy Regulatory Office has awarded a Contract for Difference to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW, Danish offshore wind developer Ørsted said Wednesday evening.'Baltica 3 and 2…
Oilfield and drilling services provider Archer has won a long-term frame agreement with ConocoPhillips for work offshore Norway.Under the five-year agreement, Archer will provide wireline services on the Norwegian Continental Shelf.Also, Archer…
UK-based Ithaca Energy, the operator of the Captain field located on the edge of the outer Moray Firth, UK, has sanctioned Captain Enhanced Oil Recovery (EOR) Stage 2 project.The sanction of the project in the UK Central North Sea comes after…
Norway's Equinor has awarded ABB and Siemens Energy 8-year framework agreements for providing service of electrical equipment on all Equinor’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. The total value…
Integrated logistics and materials management company, ASCO, has appointed Craig Revie as General Manager of its specialist lifting division, NSL.Revie first joined ASCO in 2018 as head of Marine Services, Craig led initiatives in vessel monitoring…
State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on Monday…
PSE Kinsale Energy, a Petronas subsidiary working to decommission its Kinsale area offshore gas fields in Ireland, has awarded a contract to HydraWell to support the project.PSE Kinsale Energy last July said that the Kinsale area offshore gas…
UK-based oilfield services company Three60 Energy has been awarded a new framework agreement with Austria-based oil and gas company OMV for the provision of services in Norway.The agreement, which is in place for five years with options for extension…
UK-focused oil company Tailwind Energy has acquired Decipher Energy Limited, an oil and gas company with assets in the UK North Sea.'This acquisition will allow Tailwind to continue to deploy its strategy of exploiting organic production and…
Germany's coordinator for transatlantic relations called on Wednesday for a moratorium on the construction of the Nord Stream 2 natural gas pipeline from Russia to Europe, breaking ranks with many in Chancellor Angela Merkel's government.The United States is opposed to the project…
Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil's Romanian subsidiary holding a share in an offshore block in the Black Sea.ExxonMobil Exploration and Production Romania Limited holds a 50 percent stake in the XIX Neptun Deep Block in the Black Sea…
Offshore wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has received its first firm order for its giant 14MW offshore wind turbine.The order, from RWE, is for the supply of 100 units of its 14MW SG 14-222 DD offshore wind turbine…
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