Business Developments & Projects
Fresh gas find for Aker BP in Norwegian Sea
Norwegian oil and gas company Aker BP has made a gas discovery off Norway near the Skarv field in the Norwegian Sea.
Shell’s subsea compression project off Norway to assist in keeping up gas supply to Europe
Shell has received approval from Norway’s authorities for a development plan for its gas subsea compression project in the Norwegian Sea.
Moray West OWF set for geophysical and geotechnical site surveys
Offshore geophysical and geotechnical site investigations will soon begin at the Moray West offshore wind project in Scotland. The investigation will be carried out on the site located on the Smith Bank in the Outer Moray Firth, approximately 22.5 kilometres from the Caithness coastline, covering an
With all approvals in the bag, Aker BP cleared to fast-track North Sea field development
Norway’s Ministry of Petroleum and Energy has approved a plan for the development and operation for Aker BP’s field in the North Sea.
Pre-construction survey scheduled for Wales-Ireland interconnector
A pre-construction survey for the Greenlink Interconnector, which will link Wales and Ireland, is set to commence in mid-July. The pre-construction survey is expected to be carried out between 16 July and 2 August, weather dependent. The work will be conducted by the GEOxyz-owned multi-disciplined s
Eidesvik vessel scores new long-term gig with Aker BP
Eidesvik Offshore has inked a new contract for one of its platform supply vessels (PSVs) with the Norwegian oil and gas company Aker BP.
GTT signs major contract for smart shipping solution
French LNG containment specialist GTT has signed a contract for its smart shipping solution GTT Digital to equip more than thirty vessels of an LNG shipment company within two years.
Serica spuds ‘exciting’ HPHT well in North Sea
Upstream oil and gas company Serica Energy has spudded the North Eigg exploration well located off the UK.
Transocean rig finds no hydrocarbons for ConocoPhillips in Norwegian Sea well
ConocoPhillips has come up dry in a wildcat well, which was drilled using a Transocean-owned rig in the Norwegian Sea near the Fenja field.
UK firm’s North Sea discovery forecasted to rake in $545 million in revenue over life of field
United Oil & Gas’ North Sea discovery, envisioned as a subsea tie-back, has been valued at £109.1 million on an unrisked basis.
Wave energy’s global warming potential 40 times lower than fossil fuels, study finds
CorPower Ocean and energy academics from Edinburgh University have completed a rigorous Life Cycle Assessment (LCA) of a wave energy array, showing its global warming potential to be 20-40 times lower than conventional fossil fuel electricity generation.
In focus: Europeans taking major hydrogen steps
The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w
Norwegian govt gives the go-ahead to ConocoPhillips for cross-border North Sea project
Norway’s Ministry of Petroleum and Energy has approved a development plan for the ConocoPhillips-operated cross-border field in the North Sea.
Minesto verifies commercial performance of Dragon Class tidal power plant
Minesto has informed that the commissioning results of its Dragon Class tidal power plant in Faroe Islands have verified commercial performance and are fully in line with simulation results.