Norwegian oil and gas company Equinor has drilled a dry well near the Oseberg field in the North Sea off Norway.
Iberdrola has received bids from wind turbine suppliers and started activities to purchase electrical components for its East Anglia Hub offshore wind project. ScottishPower Renewables, Iberdrola’s UK company, has combined the East Anglia 1 North, East Anglia 2 and East Anglia 3 projects into one 3.
Russian gas giant Gazprom reported a 17 percent drop in 2019 net profit due to lower prices and declining demand in Europe. Gazprom’s net profit reached 1.2 trillion Russian roubles ($16.3 billion) last year. This compares to 1.46 trillion roubles in 2018. Operating profits also fell by 42 per cent
UK oil and gas company Corallian and its joint venture partners, Upland Resources and Baron Oil, have signed a work-sharing and confidentiality agreement with an undisclosed “large European E&P company” for licence P2478 in the Inner Moray Firth which could lead to a future farm-out deal.
Dutch energy company Eneco has joined as a partner the PosHYdon pilot, the world’s first offshore green hydrogen project, Neptune Energy said. Eneco will supply simulated wind data from its Luchterduinen offshore wind farm to support the project which aims to integrate three energy systems in the No
Dutch offshore lifting equipment provider KenzFigee has been awarded a contract by Amsterdam-based shipping company Spliethoff for the delivery of pipe handling gantry cranes for their two newbuild multipurpose DP2 B-type vessels, currently under construction at the Mawei Shipyard in China.
The United Nations Conference on Trade and Development (UNCTAD) has introduced a ten-point action plan to help industries involved in the movement of goods keep free-flowing trade afloat during the COVID-19 crisis and its aftermath.
The Port Authority of Almeria has launched a feasibility study as it is looking to start supplying liquefied natural gas to ferries using the truck-to-ship bunkering method. The Spanish port authority awarded a contract to a local engineering firm to provide technical assistance for the assessment a
A new partnership between IMO, WCO, UNECE and ISO has been signed to support the increased maritime digitalisation.
Equinor has extended the charter for a Floatel International-owned accommodation rig for operations on a field offshore Norway.
UK’s offshore unions have launched a campaign to protect the jobs in the oil and gas sector and secure its future, calling for a halt to the “carnage” of jobs.
Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the spud of the first well.
OKEA sank deeper into the red in the first quarter of the year affected by lower oil and gas prices and sales volumes resulting in impairments of over $60 million.
Russian independent LNG export player Novatek has registered a new licence to underpin its liquefied natural gas expansion activities in the Arctic. Novatek’s unit Arctic LNG 1 registered licence number SLH 16637 NR for geological survey, exploration and production at the Bukharinskiy licence area o
