Energy Perspectives 2022: Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can influence it, is an overarching theme of the energy transition.With inflation raging, geopolitical disruption and resultant energy security concerts…
BlueFloat Energy and Energy Estate have said they will expand the proposed capacity of their Greater Gippsland Offshore Wind Project in Australia from 1.275 GW to 2.085 GW.The so-called Southern Winds bottom-fixed project is located in the Bass Strait…
An incident that had the potential for fatality occurred earlier this month on the Hibernia Platform offshore Canada when a 711kg elevated feeder machine bridge adapter plate dropped on a deck. Luckily, there were no injuries.'Hibernia Management and Development Company Ltd…
Norwegian oil and gas company Vår Energi said Monday it had acquired 30% ownership in production licenses (PL) 820S and 820 SB north of the Balder field in the North Sea from Lime Petroleum, Pandion Energy, and Lundin Energy Norway AS (now Aker BP)…
Norwegian energy company Equinor has taken a step forward with its Rosebank project in the UK North Sea by submitting key environmental documents. An Environmental Impact Assessment was submitted to the UK's Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) on Thursday…
Sval Energi has signed an agreement with Suncor Energy to acquire Suncor Energy Norge, adding 4000 barrels of oil equivalent and 19 million barrels of oil equivalent in reserves on the Norwegian Continental Shelf to its portfolio.The deal is worth about $410 million Canadian dollars…
Neptune Energy announced the safe and successful drilling of four development wells on the operated Fenja field in the Norwegian Sea, in preparation for production start-up. This marks an important milestone in the development of Fenja, which…
Offshore oil and gas safety regulator The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has laid three charges against Hibernia Management and Development Company Ltd. (HMDC) for alleged offenses related to a spill of petroleum…
Siemens Energy on Saturday launched a 4.05 billion euro ($4.28 billion) bid for minority holdings in struggling wind turbine unit Siemens Gamesa, hoping to remove a complex ownership structure that has weighed on its shares.The bid at 18.05 euros per share constitutes a premium of 27…
Swedish company Lundin Energy, which will exit the oil and gas business next month with the sale of oil and gas assets to Norway's Aker BP, is set to change its name to Orrön Energy AB.Lundin Energy, which under the name Lundin Petroleum discovered…
Suncor Energy Inc exceeded analysts' estimates for first-quarter profit and boosted dividend by 12% to its highest level on Monday, as Canada's No.3 oil major benefited from soaring crude prices.Global crude oil prices surged to levels not seen…
Altera Infrastructure, formerly known as Teekay Offshore, said it has taken delivery of a new shuttle tanker from Samsung Heavy Industries in South Korea.The 148,200 DWT newbuild, Altera Thule, was handed over to Altera on Thursday. The ship's…
The Newfoundland and Labrador Oil and Gas Industries Association, founded in 1977 to represent the supply and service sector of the offshore oil & gas industry in the region, is now called Energy NL, as the company earlier this week announced changes to its 'vision…
Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said Friday that a near-miss incident had occurred on March 20 aboard the Hibernia platform, offshore Canada.'Hibernia Management and Development Company (HMDC) has reported that on March 20…
Offshore installation giant Subsea 7 and its technology partner FLASC have won £471,760 (~$631,854) grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) to further develop an innovative offshore energy storage system…
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