10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • E.ON to Split Its Business in Two Companies

    7 May 2015
    Business & Finance

    E.ON’s transformation is the main topic at the company’s Annual Shareholders Meeting in Essen, Germany. Supervisory Board Chairman Werner Wenning and CEO Johannes Teyssen updated shareholders on the status of the project to divide the company into the future E.ON and a new company, Uniper. Starting in 2016, E.ON will focus on renewables, energy networks, […]

  • Apache North Sea Becomes 300th Member of Subsea UK

    19 August 2014
    Business & Finance, Research & Development

    The organisation representing the UK’s £9 billion subsea industry has reached a major milestone with its 300th member. Independent oil and gas operator, Apache North Sea, has joined Subsea UK as oil and gas production from subsea wells in the UKCS continues to increase. Apache North Sea is now the 4thlargest producer and has the […]

  • Investors’ Confidence in UK Upstream Industry Rises

    11 May 2012
    Business & Finance

    Oil & Gas UK’s Q1 2012 business confidence index published yesterday (10 May) reveals that the confidence of the upstream oil and gas industry across Britain has risen to 64 points on a 100 point scale – the highest since the survey was launched in Q1 2009. However, the leap in optimism is driven by […]

  • Nuclear power could pave the way for bulkers to sail ‘longer, faster, and cheaper’, study finds

    1 October 2024
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Transition, Vessels

    Compared to a Newcastlemax bulk carrier powered by conventional very low sulfur fuel oil (VLSFO) and one powered by green ammonia, a nuclear-powered Newcastlemax bulk carrier could sail longer, faster, and cheaper, without producing greenhouse gas (GHG) emissions, a new study found. Amsterdam-based nuclear development and consulting company ULC-Energy, in collaboration with ship design and […]

  • Offshore Energy 2016: Registration open

    26 May 2016

    The registration for Offshore Energy Exhibition & Conference 2016 (OEEC 2016) is now open. The ninth edition of this event is expected to attract 11,500 offshore professionals and more than 650 exhibiting companies.

  • UK regulator ‘exploring tougher measures’ on flaring and venting of greenhouse gases in oil & gas production

    28 September 2020
    Authorities & Government, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    The UK’s OGA has decided to scrutinise requests for flaring and venting of greenhouse gases offshore the UK, aiming to help reach the country’s net-zero goals.

  • ‘Major’ refit around the corner for 2003-built vessel with work-class ROV among new enhancements

    20 September 2024
    Business & Finance, Business Developments & Projects, Equipment, Vessels

    AGR has disclosed a list of improvement features that will be added to a ship originally built as a platform supply vessel (PSV), which is said to have emerged as a solution to a major energy industry bottleneck – the scarcity of special-purpose ships, with refurbishment work allowing it to sign up for comprehensive survey management, well abandonment, and decommissioning projects.

  • UK player to sell Norwegian assets and Statfjord UK in $1 billion deal

    8 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    UK company Spirit Energy has entered into agreements to divest its Norwegian business, including the Statfjord UK field for $1.076 million.

  • Oil & Gas UK welcomes Summer Budget announcement

    8 July 2015

    The UK Chancellor of the Exchequer George Osborne today delivered Summer Budget, in which he said the government believes in making the most of the UK’s oil and gas resources, including the safe extraction of shale gas.   Building on action set out in the March Budget 2015, the government will expand the North Sea […]

  • UK: Bridge Buys 50 pct Stake in Duart Field from Nexen

    29 September 2011
    Business & Finance

    Bridge, the Oslo Axess-listed oil and gas exploration and production company announced that it has signed a Sale & Purchase Agreement to acquire a 50% working interest in the producing Duart field from Nexen Petroleum Dragon UK Limited for a consideration of $38.3 million (the “Transaction”). The interest will add daily production of 750 barrels […]

  • Cyan Renewables acquires MMA Offshore, expands fleet and expertise

    25 July 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vision

    Singapore-based Cyan Renewables, a portfolio company of Seraya Partners, has closed the agreement to acquire Australian offshore vessel player, MMA Offshore, adding 20 vessels to its fleet and gaining expertise in the Australian offshore wind market. 

  • Net-zero technology developers scoop £8 million to cut offshore emissions in UK

    10 October 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Research & Development, Technology, Transition

    The UK-based Net Zero Technology Centre has revealed the 20 winners of its 2022 Open Innovation Programme. The center was created as part of the Aberdeen City Region Deal, with £180 million of UK and Scottish government funding to maximise the potential of the North Sea. Since its inception in 2017, the center has been […]

  • Offshore Energy 2016 Registration Opens

    26 May 2016

    The registration for Offshore Energy Exhibition & Conference 2016 (OEEC 2016) is now open. The ninth edition of this event is expected to attract 11,500 offshore professionals and more than 650 exhibiting companies. Offshore Energy is an annual event focused on the complete offshore energy industry. It covers both the exploration and production of the […]

  • Rhode Island CRMC Gives Go-Ahead to Block Island OWF

    18 November 2014
    Authorities & Government, Storage

    The Rhode Island Coastal Resources Management Council (CRMC) unanimously approved the final submerged lands lease and two joint licenses and assents for the five-turbine wind farm project off Block Island at its meeting last week. These were the final permits needed as stipulated by the CRMC in its original decision for Deepwater Wind, the developer […]

  • NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

    22 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of services. The transaction involves the acquisition of 75.4% of the […]

  • North Sea ecosystem regeneration at heart of Dutch govt’s new program

    10 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vision

    Human touch has taken its toll on the delicate North Sea ecosystem. With the growing pressure of climate change and demand for sustainable energy and food, this ecosystem keeps deteriorating. Preventing or preserving the North Sea now has an exclamation point. As a response, the Dutch Ministry of Agriculture, Fisheries, Food Security and Nature has […]

  • Survey: Subsea industry sees sales, recruitment fall. All eyes on exports

    9 June 2016

    Subsea UK, the industry body representing firms dealing with subsea oil and gas business, has conducted a snapshot survey which shows a steep drop in sales, and recruitment drive, since the oil price collapse. Regardless, the UK subsea industry has maintained its investment in technology and looks to increase exports. The organization said on Thursday […]

  • Reuters: Total eyeing $1.5B UK North Sea oilfield sale

    9 July 2018

    France’s oil major Total is reportedly looking to divest $1.5 billion worth of UK North Sea assets.

  • Fugro: Business good in the first months of 2009

    11 May 2009

    Course of business The developments in the first months of 2009 are in line with earlier expectations. Revenue showed an increase of over 5% compared to the first months of 2008. Price pressure has increased for a number of activities in the more competitive market segments. Currency fluctuations had little impact. The demand for Fugro’s […]

  • Core Power wins funding for floating nuclear research project

    31 August 2022
    Authorities & Government, Collaboration, Green Marine, Outlook & Strategy, Research & Development, Transition

    The UK-based Core Power has secured research funds from the U.S. Department of Energy’s Nuclear Energy University Program (NEUP) to study the development of offshore floating nuclear power generation in the US. Core Power specializes in scalable atomic power technology for ocean transport and heavy industry. The company is working on the development of a modular molten […]

  • Serica Energy buying North Sea operator in £367 million deal

    20 December 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    UK-based oil and gas company Serica Energy has entered into an agreement with compatriot Tailwind Energy Holdings to acquire the entire issued share capital of Tailwind Energy Investments in a deal worth approximately £367 million. The consideration for the acquisition comprises the issue of up to 111,048,124 new ordinary shares in Serica, which will represent up to […]

  • Tyra II makes another step towards the finish line with first gas still on track for winter

    6 July 2023
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Project & Tenders

    The power-up of two gas turbines at TotalEnergies’ redevelopment project in the Danish North Sea has been completed.

  • H&W to Manufacture Two Offshore Suction Bucket Foundations (UK)

    27 October 2011

    Harland and Wolff will manufacture the first two commercial offshore suction bucket foundations (Universal Foundations) at its Belfast facilities. The contract forms part of an overall project secured by Fred. Olsen United AS with Forewind Ltd. for the construction, delivery and installation of two complete meteorological masts, known as met masts, including foundations on the […]

  • EXCLUSIVE: OHT Orders Offshore Wind Foundation Installation Vessel

    16 July 2018
    Project & Tenders

    Norway’s OHT has signed a contract with China Merchants Heavy Industry (CMHI) in Jiangsu, China, for the construction of a 48,000 dwt semi-submersible offshore wind farm foundation installation vessel, with options to extend the program with up to three vessels.

  • EXCLUSIVE: OHT Orders Offshore Wind Foundation Installation Vessel

    16 July 2018
    Project & Tenders

    Norway’s OHT has signed a contract with China Merchants Heavy Industry (CMHI) in Jiangsu, China, for the construction of a 48,000 dwt semi-submersible offshore wind farm foundation installation vessel, with options to extend the program with up to three vessels.