Norwegian offshore vessel owner Havila Shipping has won vessel contracts with Nexans Norway and Peterson Den Helder. The company also secured work of one AHTS with an unnamed client.Nexans Norway has chartered Havila Shipping's subsea vessel Havila Phoenix…
Danish energy firm Ørsted said on Monday it was preparing for potential disruptions to its gas supplies from Russia's Gazprom, due to sanctions, and would give any profits from the contract to humanitarian aid in Ukraine.Ørsted, which is 50…
The Nordic Investment Bank (NIB) has agreed on a 10-year loan deal with Danish grid operator Energinet to increase the co-financing to construct the Viking Link, a 760- kilometer 1.4 GW high voltage direct current electricity interconnector…
Motion-compensated gangway supplier Uptime International has secured two long-term walk-to-work contracts with the offshore vessel owner DOF Subsea.Uptime will be supporting DOF Subsea's on the vessel owner's recently awarded long-term contract for a Multi-Purpose Supply Vessel (MPSV)…
Plexus Holdings, the AIM-quoted oil and gas engineering services firm that owns the proprietary POS-GRIP method of wellhead engineering, said Monday it would suspend its activities with Russian license partner Gusar due to the war in Ukraine…
BP, Shell, Exxon, Equinor flag Russia exitsTotalEnergies sticks with Russian natgas assetsLNG central to TotalEnergies' strategyFrance's TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from the country after its invasion of Ukraine…
UK-based oil and gas firm IOG plc has informed that the onshore reception facilities for its Saturn Banks project development have been successfully commissioned, in what is the final step to first gas from its Southern North Sea gas fields…
Norwegian oil and gas company Equinor has awarded Subsea 7 a front-end engineering and design (FEED) study for the marine installations associated with the Krafla development project, offshore Norway.The awarded work is required to finalize…
Oil rose above $112 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western sanctions offset the prospect of more Iranian supplies in the event of a nuclear deal with Tehran.Signs of an escalation in the Russia-Ukraine conflict…
The Russian assets of Norway's $1.3 trillion wealth fund, the world's largest, have become worthless following Russia's invasion of Ukraine and selling them as instructed by the government will take time, the fund's CEO said on Thursday.The…
Ocean bottom node seismic survey company Magseis Fairfield has agreed to buy Carbon Transition's proprietary node-on-a-rope handling systems in a deal that could see Carbon Transition earn $12 million.Magseis Fairfield will pay an initial USD 0…
Technip Energies has stopped working on business opportunities in Russia, the head of the French oil and gas services provider said on Thursday, in light of the Russian invasion of Ukraine.'We have ceased to work on future business opportunities in Russia…
German oil and gas firm Wintershall Dea, one of the five co-funders of Nord Stream 2, on Wednesday said it is writing off its 1 billion euros ($1.11 billion) financing in the gas pipeline that was suspended last week.The management board of…
ExxonMobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine.The decision will see Exxon pull out of managing large oil…
Industrial services provider has agreed to acquire the UK-based energy industry engineering and maintenance specialist Sparrows Group.The transaction will include the acquisition of Sparrows’ wind energy business Alpha and is an important development in Altrad’s global growth ambitions…
Subscribe
