Caspian Sunrise has received regulatory and shareholder approvals for the acquisition of the Caspian Explorer drilling vessel.
OKEA has signed a sales and purchase agreement with Equinor for the acquisition of Equinor’s 40 per cent operated working interest in two licences offshore Norway, which include the Aurora discovery.
Finnish wave energy tech player AW-Energy Oy (AWE) drives forward opportunity and innovation with a new facility in Vantaa, Finland. The move to larger premises provides scope for AWE’s growth ambitions, and demonstrates the company’s commitment to wave energy. Christopher Ridgewell, CEO of AW-Energ
Aker BP booked a higher profit in 2Q 2020 on the back of record-high production despite lower income impacted by low oil prices and the coronavirus pandemic.
Russian gas giant Gazprom posted a net loss in the first quarter of this year mainly due to lower prices and demand in Europe, and a weak rouble. Gazprom reported a net loss of 116.2 billion Russian roubles ($1.6 billion) in the January-March period. This compares to a profit of 535.9 billion rouble
Head Energy has been awarded an extension of a frame agreement with Wintershall Dea concerning modifications at the Brage platform offshore Norway.
Partrac has provided metocean survey and consultancy services for three offshore wind projects currently under development in Ireland. Partrac said it had provided scoping and planning of hydrographic and metocean surveys, and the deployment and servicing of floating lidar and metocean measurement e
Bombora’s mWave wave energy converter ‘cell module’ structure has been delivered from the fabrication workshop of Altrad Services to the assembly workshop at Mainstay Marine Solutions. The full-scale ‘cell module’ is part of a Wales-built innovative marine energy solution. The cell module transporte
Simply Blue Energy (SBE) has appointed the Dublin-based engineering consultancy, Gavin and Doherty Geosolutions (GDG), to provide development support services for the Emerald floating wind project in the Celtic Sea. GDG has been commissioned to provide both technical and consenting support during th
Equinor has made a minor oil discovery near the Vigdis field in the North Sea offshore Norway.
The construction phase of the Viking Link Interconnector project between the UK and Denmark has commenced. Siemens is mobilizing to start the construction of a 2.4-kilometre long access road for the Bicker Fen converter station site. Siemens Energy is in charge of the UK and Denmark converter statio
Dutch operator Tulip Oil has reduced its gas production from the Q10-A gas field located in the Dutch sector of the North Sea due to low gas prices.
Vattenfall is investigating the possibility of developing a new offshore wind project in Sweden called Kattegatt Syd. The Kattegatt Syd project is located at a circa 177km2 area approximately 25km offshore Falkenberg, north of the planned Stora Middelgrund offshore wind project. The site is situated
Russia’s largest independent natural gas and LNG producer Novatek reported a decline in both production and sales in the second quarter of this year. Novatek said Monday its natural gas production declined by 2.2 percent year-on-year to 18.5 billion cubic metres. The Russian company’s total producti
