Energy services giant Wood has won a contract with oil firm Spirit Energy to provide late-life solutions for the Morecambe Bay gas fields, one of the UK’s largest gas accumulations.The five-year consolidated services contract is valued at $130 million…
Norway's energy ministry on Tuesday offered 61 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2020 (APA 2020) round to 31 oil companies.Minister of Petroleum and Energy, Tina Bru said the companies have…
Norwegian oil company Vår Energi has said it has been awarded 10 new licenses (5 as operator) on the Norwegian Continental Shelf during the Awards in Predefined Areas for 2020. “We are pleased with the result. The new exploration licenses continue…
Norwegian energy giant Equinor has awarded Altus Intervention and Archer Integrated Services framework contracts for supplying integrated wireline services within well intervention to Equinor’s fixed platforms. Altus Intervention will provide services at the Gina Krog…
Two liquefied natural gas (LNG) tankers that had initially signaled they would load at Royal Dutch Shell's Prelude floating LNG facility in Australia have diverted elsewhere, ship-tracking data showed on Tuesday.This comes just a week after…
M.A.R.S. Europe said it has been awarded a contract by Teekay Petrojarl Floating Production UK Ltd. for dismantling and recycling of the Petrojarl Banff floating production, storage and offloading unit (FPSO). The deal includes engineering, preparation…
The United States has told European allies it plans to impose sanctions on a Russian pipe-laying ship, 'Fortuna', involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday…
Norwegian energy company Equinor has exercised an option to add one more well to the contract it has with Odfjell Drilling for the use of Deepsea Atlantic semi-submersible drilling rig.The news comes exactly a month after it was announced that Equinor had added two wells to the contract…
German high-voltage grid operator Amprion is confident the country's planned switch to renewable energy can be mastered by its network, it said on Monday, rejecting claims that power supply could be at risk.Coal importers group VDKi last Friday…
The first offshore wind turbine was installed last Friday at the Moray East offshore wind farm in the Moray Firth, Scotland.The first turbine installation comes just a few weeks after the Moray East consortium announced the completion of jacket…
Rovco, a UK-based provider of ROV and hydrographic services, has signed a contract to carry out work on offshore wind farm Beatrice, the Scottish largest operational offshore wind farm. Rovco, which did not share the value of the contract,…
The Russia-led Nord Stream 2 (NS2) consortium on Friday said preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go ahead, pointing to the latest notifications by the Danish Maritime Authority.Denmark's Nautiskinformation…
Europe's shift from fossil fuel-based electricity to renewable sources has reduced environmental problems while also cutting the greenhouse gas emissions causing climate change, the European Environment Agency (EEA) said on Monday.Renewable…
UAE-based firm ADNOC Drilling has decided on the early termination of two jack-up rig contracts with drilling contractor Shelf Drilling.Shelf Drilling, a company with one of the largest jack-up rig fleets in the world, said Monday that the customer…
China's refineries posted record throughput in 2020, processing 3% more crude oil than a year ago, as they took advantage of low prices and healthy margins on a quick rebound in domestic fuel demand from the coronavirus pandemic.Annual throughput stood at 674…
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