Norwegian oilfield equipment and technology provider Aker Solutions said Wednesday it has received a letter of intent (LOI) for a front-end engineering and design (FEED) contract from energy company Equinor for the floating production, storage…
Oil and gas company TotalEnergies E&P UK has recently chartered Vroon Offshore's platform supply vessel for a period of one year. The platform supplier will be supporting operations at Total’s North Sea assets. The new charter follows on from…
Norway's petroleum output in September fell from the previous month, but exceeded official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.Crude oil output declined to 1.77 million barrels per day (bpd) in September from 1…
Belgium's largest offshore wind farm, the 487MW SeaMade that can power 500,000 Belgian households, has now been officially inaugurated.The news of the inauguration was shared Wednesday by Ocean Winds, a joint venture created by EDP Renewables and ENGIE (50:50)…
Oil and gas company Chevron has chartered Edda Accommodation's Edda Fides offshore accommodation unit for operations support in Australia, starting in the second quarter of 2022.Currently on a charter with Norway's Equinor, mono-hull vessel…
Oilfield firm Baker Hughes Co reported a quarterly profit that fell short of Wall Street expectations on Wednesday, sending its shares down sharply in pre-market trading.Oil producers and service firms are expected to be supported by a rebound…
Fugro has won a two-year contract with India's marine service firm OCS Services to support its asset integrity and corrosion management operations off the west coast of India.Fugro said Tuesday it would help OCS deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1)…
The co-leader of Germany's Green Party accused Russian 'blackmail' of causing high energy prices across Europe, saying Moscow is trying to leverage Germany to allow the Nord Stream 2 Baltic gas pipeline to begin operations.The remarks by Annalena Baerbock…
RWE, Germany's largest power producer, said on Tuesday it expects its investment in green technologies and infrastructure in Britain to reach 15 billion pounds ($21 billion) by 2030.That includes the already announced 5 billion pounds RWE is…
Danish renewables firm Ørsted A/S said on Tuesday it had signed an agreement to sell 50% of its 900-megawatt (MW) German offshore wind farm Borkum Riffgrund 3to fund manager Glennmont Partners.Ørsted said the around 9 billion Danish crown ($1…
Norwegian offshore vessel owner Solstad Offshore has secured a contract extension for one of its platform supply vessels.In a brief statement on Wednesday, Solstad said that the one-year charter extension had been awarded to its 94,2-meter-long PSV Normand Server…
Oslo-listed oil and gas company BW Energy has brought online the Gamba well DTM-7H as part of the Tortue Phase 2 field development in Gabon. The final well, DTM-6H, in the Dentale formation, is scheduled to come onstream in the coming days. Current…
Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…
The Philippines' energy ministry on Tuesday defended the sale of an oil and gas concession to a firm controlled by an ally of President Rodrigo Duterte, dismissing a graft complaint that alleged preferential treatment as 'malicious'.Udenna Corp…
British Prime Minister Boris Johnson on Tuesday set out his ambition for a green revolution that he hopes will force Western economies to kick their addiction to fossil fuels.Britain at the end of the month hosts the COP26 U.N. climate talks in Glasgow…
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