Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor…
Harbour Energy said on Friday that largest shareholder, EIG Asset Management, has distributed some of its stake in North Sea's biggest oil and gas producer to existing investors, resulting in a dilution in its holding to 16% from 37%.The share…
Klaipėdos Nafta AB, Lithuanian operator of oil and liquefied natural gas (LNG) terminals, and the companies of the largest Polish oil group ORLEN, ORLEN Neptun I, and Energa Wytwarzanie, signed a letter of intent on the possibility of cooperation…
Northern Ireland-based Decom Engineering has said it has won two contracts worth more than £300,000 in the North Sea and offshore West Africa. strengthening their reputation as a leading provider of decommissioning services.The company said…
Britain's main oil and gas sector said it had secured some changes to a planned windfall tax but is seeking further allowances from the new Finance Minister Nadhim Zahawi, with the bill set to go through parliament on Monday.Former finance minister Rishi Sunak…
Hexicon AB’s TwinHub floating wind project in the Celtic Sea was successful in the latest UK Government's Contracts for Difference (CfD) Allocation Round (AR4). Hexicon has been awarded a CfD for its 32MW floating wind project at a strike price of £87…
Oil and gas company Equinor said Wednesday that its Gudrun, Oseberg South, Oseberg East offshore fields had started run-up of production, after the strike among members of the Norwegian Organisation of Managers and Executives (Lederne) was called off…
Britain's latest subsidy auction to help support new renewable energy projects awarded contracts to projects capable of generating a record 11 gigawatts (GW) of electricity, the government said on Thursday.The 11 GW of clean energy capacity…
Vattenfall said Thursday it had won Contracts for Difference for the Norfolk Boreas offshore wind farm, the first phase of Vattenfall’s Norfolk Offshore Wind Zone and one of the world’s largest offshore wind zones.The CfD scheme is the UK’s…
Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil…
Seismic data companies TGS and CGG said this week they were successful in their respective bids in the auction process conducted in relation to their rival's ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United…
The Irish-based oil and gas company Providence Resources, focused on developing the Barryroe field in the Celtic Sea, off Ireland, has appointed Alan Curran as Interim Chief Executive effective.Following Curran's appointment, James Menton reverts to his role as non-executive Chairman of the Board…
Caspian Pipeline Consortium(CPC), which takes oil from Kazakhstan to the Black Sea via one of the world's largest pipelines, has been told by a Russian court to suspend activity for 30 days, although sources said exports were still flowing.CPC…
Solstad Offshore has sold the platform supply vessel Normand Aurora for an undisclosed fee.The Norwegian offshore vessel owner said that the delivery of the vessel to the new owner took place Tuesday, July 5, 2022.While Solstad did not say who the buyer was…
The Norwegian government on Tuesday intervened to end a strike in the country's energy sector that had cut oil and gas output, a union leader and the labor ministry said.Norwegian offshore oil and gas workers went on strike over pay on Tuesday…
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