FLASC, a start-up developing non-battery based energy storage solutions for the offshore sector has entered a collaboration with offshore installation giant Subsea 7.FLASC's patented Hydro-Pneumatic Energy Storage (HPES) concept combines pressurized…
Russian gas giant Gazprom has found a new gas deposit in the Kara Sea, at the Leningradskoye field of the Yamal gas production center.Gazprom said: 'As a result of drilling and testing of an exploratory well, commercial gas inflow was obtained with a flow rate of about 600…
Oil major BP has taken over the Ocean Apex semi-submersible drilling rig in preparation for the spud of the Ironbark-1 well offshore W. Australia. Ironbark is estimated to contain 15tcf of prospective recoverable gas resource.The offshore drilling rig…
Delfin Midstream (“Delfin”) has informed that the FEED has been completed for the Newbuild FLNG Vessel for the Delfin LNG project offshore Louisiana, in cooperation with Samsung Heavy Industries and Black & Veatch.Delfin LNG project has been…
Norwegian offshore vessel owner DOF has won a contract with the Petrobras-led Libra consortium to provide a multi-purpose support vessel for work at the Mero offshore oil field in Brazil.The Libra Consortium is led by Petrobras - with a 40% interest - in partnership with Shell Brasil (20%)…
U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday, two days after Hurricane Delta barreled through the area.Chevron Corp, Royal Dutch Shell Plc and…
Norwegian oil firms struck a wage bargain with labor union officials on Friday, ending a 10-day strike that had threatened to cut the country's oil and gas output by close to 25% next week, negotiators for each side told Reuters.Brent oil prices fell by more than 1% on the news to $42…
The Norwegian Petroleum Directorate (NPD) has completed its five-week seabed mineral research expedition on the Mohn Ridge in the northwestern Norwegian Sea, in cooperation with TIOS and using Island Offshore's Island Valliant vessel. The NPD…
A report on Norwegian energy firm Equinor's loss-making investment in the United States detailed significant problems the state-controlled company should have dealt with faster, its chair and chief executive said on Friday.In June, Norway's…
Malaysian oil and gas company has Hibiscus Petroleum has completed the acquisition from 3D Oil of a 50% interest in an oil and gas exploration permit in the prolific Gippsland Basin, off Victoria, AustraliaThe completion of the acquisition of…
A floating offshore wind supply chain group has been formed in Scotland, as a subgroup of the Scottish DeepWind supply chain cluster, looking to ensure that the local firms benefit from the nascent but growing floating offshore wind industry…
Oil firms and labor officials in Norway are to meet on Friday with a state-appointed mediator to try to end a strike that threatens to cut output from western Europe's biggest oil and gas producer by some 25%.Six offshore fields shut on Monday…
Hurricane Delta raked across the Gulf of Mexico, halting most of the region's offshore oil output on Thursday after energy companies shut-in wells, pulled staff from offshore platforms and began securing coastal processing plants.The storm was about 370 miles (595 km) south of Cameron…
Denmark's government urged political parties to discuss the future of oil and gas extraction in the North Sea after Total withdrew from the latest licensing round, the Ministry of Climate, Energy, and Utilities said on Thursday.'Total, which is the North Sea's largest operator…
A strike by oil workers in Norway could cut output from western Europe's biggest oil producer by almost a quarter, operators have warned, though the striking union said a resolution remained possible.Widening strike action raised the prospect…
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