Business & Finance
Another production outage at North Sea field
Repsol has been forced once again to temporarily shut down its Yme field located in the North Sea offshore Norway due to technical issues.
In focus: Don’t let a good energy crisis go to waste
The volatility within the energy market has forced nations to look inward for solutions to this global issue and cut their reliance on energy imports or diversify their sources of supply. Looking longer-term, if this approach becomes a policy and not a one-off solution to a one-off problem, this kin
Scots start search for MeyGen tidal energy project investment advisor
Scottish government’s public bodies – Crown Estate Scotland and Scottish Enterprise – are looking to appoint consultants who would provide technical advice services for investments in the MeyGen tidal energy project.
Employment in clean energy sector on the rise, exceeding declines in fossil fuel jobs, says IEA
The International Energy Agency has outlined that employment in the energy sector is rising above pre-Covid levels, driven by clean energy.
Activists block Russian gas from being unloaded in Sweden, calling on govt to ‘impose an immediate import stop’
Activists have blocked a gas tanker carrying Russian gas from offloading its cargo at an LNG terminal in Sweden.
UK sets out plans to ramp up oil & gas production and unveils energy price freeze
To tackle the energy crisis, the UK has revealed a set of measures, which will be undertaken to boost domestic oil and gas production.
Saipem and Worley join initiative for curbing methane footprint from oil & gas industry
Saipem and Worley have backed an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.
Aker BP all set to deploy AKOFS vessel for well intervention work off Norway
Aker BP has received consent from Norway’s regulator to use one of AKOFS Offshore’s well intervention vessels on a field in the Norwegian Sea.
WATCH: North Sea platform removal by Allseas’ Pioneering Spirit
Earlier this summer, Allseas’ Pioneering Spirit completed the decommissioning of Repsol Norge’s Gyda platform from the North Sea.
Argeo picks enterprise asset management solution for its AUVs
Argeo has signed an agreement with Prevas for an Enterprise Asset Management (EAM) solution that will support the advanced operation of its autonomous underwater vehicles (AUVs). The two parties signed the agreement in April for the implementation of a Proof-of-Concept (PoC) based on the HxGN EAM (f
Ports of Stockholm to invest in hydrogen
Ports of Stockholm is investing in hydrogen and is kicking off a hydrogen fuelling station procurement for Stockholm Norvik Port.
Rystad: Oil & gas exploration on the decline with global awarded acreage near all-time lows
Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.
New contracts bring Reach Subsea €20 million
Reach Subsea has secured new contracts amounting to over NOK 200 million (around €20 million) in total, including an “important strategic” contract in Brazil. According to the Norwegian company, the contract in Brazil is the first result of a strategic partnership with a Brazilian offshore company.
More work for Odfjell rig with Aker BP
Aker BP has decided to exercise its option for additional wells to be drilled by one of the Odfjell Drilling-owned semi-submersible rigs.