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UK players joining forces to bring North Sea field to drill-ready status

Authorities & Government

UK players join forces to drill in North Sea later this year

i3 Energy and Europa have inked a farm-in deal for a sub-area of UKCS Licence P.2358 containing the Serenity discovery in the UK North Sea.

about 4 years ago

Authorities & Government

Denmark to harvest full potential of North Sea to ensure independence from Russian fossil fuels

Denmark has decided to speed up its renewable energy production and temporarily boost its gas output from the North Sea fields.

about 4 years ago

Authorities & Government

ADES to take over jack-up rig from Maersk

Maersk Drilling has entered into an agreement with ADES to sell a jack-up rig for $42.5 million in an all-cash transaction.

about 4 years ago

ConocoPhillips cheers Greater Ekofisk Area life extension with new project in the pipeline

Authorities & Government

With 50 years of operations under its belt, Ekofisk gets another life extension

Norwegian Ministry of Petroleum and Energy has extended ConocoPhillips’ production licenses in the Greater Ekofisk Area.

about 4 years ago

Aker BP gearing to drill North Sea wildcat with Maersk rig

Authorities & Government

Aker BP all set to drill North Sea wildcat

Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway.

about 4 years ago

The W2E’s vertical axis tidal turbine in the water (Courtesy of ENCORE Project)

Authorities & Government

Water2Energy makes tidal turbine testing optimizations in Netherlands

Dutch-based company Water2Energy (W2E) has optimized the test setup at the sluice gate in the Port of Flushing to increase the yield of its next-generation tidal energy turbine under trials at the site.

about 4 years ago

Authorities & Government

Sanctions against Russia put Norway’s hybrid cruise ship out of service

Norwegian eco-friendly hybrid-powered cruise vessel, Havila Capella, has been temporarily taken out of service due to its insurance being affected by sanctions against Russia.

about 4 years ago

Claymore complex - North Sea - Flotta Terminal

Authorities & Government

North Sea operators renew agreements for exporting oil to Flotta Terminal

Several North Sea fields partners have reaffirmed commitments to export the oil produced from their fields to Repsol Sinopec’s Flotta Terminal.

about 4 years ago

Nova Innovation’s tidal energy array concept (Courtesy of Nova Innovation)

Authorities & Government

Nova Innovation seeks environmental crew for ‘The Island in the Currents’

Scottish tidal energy company Nova Innovation has launched a tender for a contractor to lead the Environmental Impact Assessment (EIA) work for its Enlli tidal project in North Wales.

about 4 years ago

An FPSO vessel - Ping Petroleum - North Sea

Authorities & Government

Operator looking to decarbonise new North Sea project with floating wind

A proposed development concept for a new North Sea project has received approval from the UK’s offshore regulator.

about 4 years ago

More North Sea acreage for Norwegian player with further drilling on the horizon

Authorities & Government

Norwegian player seeks operatorship as MOL Norge offloads two North Sea discoveries

Following an agreement with Hungary’s MOL, Norway’s Lime Petroleum will expand its North Sea portfolio with more acreage.

about 4 years ago

Authorities & Government

Germany to spend billions on floating LNG terminals

Germany’s government has allocated about €2.5 billion ($2.7 billion) for four floating liquefied natural gas (LNG) terminals around the country.

about 4 years ago

Illustration/Sierra Brava, the first grid-connected floating solar plant in Spain built by Acciona (Courtesy of Acciona)

Authorities & Government

Spain sets forth regulations for floating solar installations to bolster energy security

Responding to the energy crisis instigated by the war in Ukraine, the Government of Spain has outlined a set of regulations for the installation of floating solar power plants on around a hundred state-owned hydropower reservoirs.

about 4 years ago

Authorities & Government

UK regulator tells industry to avoid delays that can harm business

UK’s regulator has reminded the industry of a need to avoid lengthy delays in transactions that can harm business and put off new investors.

about 4 years ago