Norway's Equinor has been given regulatory approval to drill in a block in the Norwegian sector of the North Sea using a Seadrill drilling rig.The Petroleum Safety Authority Norway has given its consent for exploration drilling in the block 30/2…
Technical problems cut the oil output from Eni's Arctic Goliat field off Norway by almost 40% during the first ten months of last year, although the issues have since been resolved, the Italian company's local unit told Reuters.The field, which started production in March 2016…
The oil and gas industry might lose the social license to operate, and if it doesn't act quickly on helping solve the climate change problem, there may be no second chance.Tim Eggar, the Chairman of the UK Oil and Gas Authority (OGA) addressed…
Extinction Rebellion movements' climate protesters have blocked entry to Shell's offices in Aberdeen.'At 6.30 am this morning, ExtinctionRebellion Scotland blocked all entrances to the headquarters of the oil giant on Altens Farm Rd in the European Oil Capital Aberdeen…
Norway's PSW Group has taken over the operation of the former EMAS spoolbase located in Gulen Industrial Harbor, Western Norway. In a statement on Wednesday, PSW Group said the agreement to take over the spoolbase covered all activities related…
A London arbitration tribunal has ordered offshore drilling company Pacific Drilling to pay $320 million to Samsung Heavy Industries for a 2015 drillship order cancellation.Pacific Drilling had ordered the Pacific Zonda ultra-deepwater drillship from Samsung in 2013…
Petrofac has entered into a Preferred Supplier Agreement with SSE Renewables to design, supply and install the HVAC onshore and offshore substations for the Seagreen wind farm project.The wind farm will be located 27 kilometers off the coast…
British oil major BP has spudded the first exploration well at the Shafag-Asiman block in the Caspian Sea, offshore Azerbaijan.The drilling operation at BP's 50% percent operated offshore block started on Monday, January 13. Azerbaijan's national oil company Socar holds the remaining 50% share…
Norwegian offshore vessel owner Havila Shipping has scored two offshore vessel contracts in the North Sea region.First, Havila on Wednesday morning said it had entered into a contract with an unnamed UK oil company for the platform supply vessel Havila Crusader…
BW Offshore's exploration and production subsidiary BW Energy is gearing up for an initial public offering of shares in the first quarter of 2020, and listing on the Oslo exchange an independent company.BW Energy was established by the FPSO…
Offshore energy services provider Aker Solution has said it has been issued a letter of award for an offshore maintenance project with an undisclosed client.The Norwegian company said the letter of award for offshore maintenance and modification…
Norway's Equinor has awarded a front-end engineering (FEED) study to Aker Solutions for the electrification of the Troll B and C platforms in the North Sea from shore, with the aim to reduce CO2 emissions from the field.The contract includes an option for the engineering…
Norway has offered exploration acreage in mature offshore areas to 28 companies of 33 which had applied as part of the Awards in Predefined Areas (APA) 2019.The Norwegian Petroleum Directorate said Tuesday that 28 oil companies had been offered…
Offshore wind power operators in the German North Sea raised generation capacity by 20.9% percent to 6,436 megawatts (MW) last year, grid company TenneT GmbH said on Monday, close to a government target for 2020 of 6,500 MW.TenneT, the German…
ConocoPhillips has made a minor oil discovery in the Norwegian part of the North Sea, near the Balder field. The company’s Norwegian subsidiary, ConocoPhillips Skandinavia, made the find while drilling the 25/7-8 S exploration well in the production…