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Authorities & Government

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‘Key milestone’ under Ithaca’s belt as it closes acquisition of Siccar Point
Authorities & Government

‘Key milestone’ under Ithaca’s belt as it closes acquisition of Siccar Point

Delek’s Ithaca Energy has completed the acquisition of Siccar Point Energy, which has enabled it to further expand its North Sea portfolio.

about 4 years ago
Two oil & gas firms ready to drill North Sea wells this month
Authorities & Government

Two oil & gas firms ready to drill North Sea wells this month

Two oil and gas players have been granted drilling permits by Norwegian authorities for wildcat wells in the North Sea offshore Norway.

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about 4 years ago
Norway’s oil & gas output to shrink as offshore workers scale up strike action
Authorities & Government

Norway’s oil & gas output to shrink as offshore workers scale up strike action

Dispute over wage demands threatens to reduce oil and gas production in Norway, as offshore workers are likely to down their tools this week.

about 4 years ago
Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Authorities & Government

Orbital Marine secures €9.2M tidal energy funding

Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.

about 4 years ago
UK trade body on the lookout for new boss as current one prepares for exit after 8 years
Authorities & Government

UK trade body on the lookout for new boss as current one prepares for exit after 8 years

Offshore Energies UK is starting the search for a new chief executive as its current one will be stepping down at the end of the year.

about 4 years ago
As merger with Lundin goes into effect, Aker BP unveils plans to spend more than $15 billion on projects
Authorities & Government

As merger with Lundin goes into effect, Aker BP unveils plans to spend over $15 bln on projects

The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.

about 4 years ago
Transocean rig gets the go-ahead for ops at Equinor’s North Sea field
Authorities & Government

Transocean rig gets the go-ahead for ops at Equinor’s North Sea field

Equinor has received consent from Norway’s regulator to use a Transocean-owned rig for well intervention on a field located in the North Sea.

about 4 years ago
LNG terminal
Authorities & Government

German regulator simplifies construction process of future LNG terminal in Stade

The German Federal Network Agency (BNetzA) has exempted Stade’s Hanseatic Energy Hub LNG terminal from tariff and network access regulation for 25 years, enabling the planned construction of the terminal to start earlier.

about 4 years ago
Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Authorities & Government

UKEF shows interest to fund SBS’ tidal power project in Indonesia

SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia

about 4 years ago
Lundin rebrands to Orrön Energy as it becomes pure-play renewables business
Authorities & Government

Lundin rebrands as Orrön Energy after ditching E&P business

Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.

about 4 years ago
All systems go for Wintershall Dea to bring North Sea tie-back on stream
Authorities & Government

All systems go for Wintershall Dea to bring North Sea tie-back on stream

Wintershall Dea has secured all approvals from the Norwegian authorities to start production from a field in the North Sea off Norway.

about 4 years ago
Aker BP - Lundin merger to come into force today
Authorities & Government

Aker BP – Lundin merger to come into force today

Aker BP expects the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, to be completed today.

about 4 years ago
Norway
Authorities & Government

Norway supports 5 new shore power projects

Enova, a Norwegian government enterprise, is supporting five new shore power projects in the country with NOK 34 million (about $3.4 million).

about 4 years ago
Following upgrades, world’s first hybrid-electric anchor handler completes sea trials
Authorities & Government

World’s first hybrid-electric anchor handler completes sea trials

Maersk Supply Service’s AHTS vessel, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials.

about 4 years ago