Japanese energy group JERA joined in the Formosa 1 offshore wind power project in Taiwan and Gunfleet Sands offshore wind power project in the U.K.JERA has entered into an agreement with Macquarie Capital and Swancor to acquire a combined 32…
Pandion Energy has acquired a 30 percent stake in production licence 842 in the Norwegian Sea from Aker BP, the Oslo-headquartered company said on Monday.Operator Capricorn has a 40 percent stake while Norway's Skagen44 owns the remaining 30 percent in the 425 square kilometer field…
Norwegian energy company Equinor announced Friday it has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) for a combined $470 million.Equinor announced in October that it would divest from the King Lear…
Private U.K. oil and gas exploration and appraisal company Corallian Energy reported that drilling of the Wick exploration well (11/24b-4) commenced on Tuesday offshore the U.K.Corallian is exploration operator for Licence P2235 with 40 percent interest…
Independent oil and gas company Faroe Petroleum announced the Cassidy exploration well in the Norwegian North Sea will be plugged and abandoned following 'disappointing' results.The well 8/10-7S within the PL405 Oda licence encountered 13 meters of water bearing Jurassic Ula formation sandstones…
Vissim said it has reached a global frame agreement with Norwegian energy giant Equinor to deploy its solution for surveillance of the ocean space surrounding all Equinor- and several third-party-operated assets on the U.K. and Norwegian Continental Shelves…
Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm…
Semi-sub owner and operator Prosafe said it has been awarded two contracts for operations in the U.K. sector of the North Sea.The Regalia has been chartered for a 60-day duration commencing June 2019, and the Safe Caledonia has been chartered for an 80-day duration commencing June 2020…
Dutch dredging and offshore contractor Royal Boskalis Westminster N.V. announced Friday it has reached a deal with Geramny-based SPIE to acquire the offshore cable installation activities and assets of Bohlen Doyen GmbH (BoDo).BoDo's operations…
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…