Business & Finance
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.
Vos Prodect wins contract for Baltic Eagle offshore wind project
Vos Prodect has secured a contract by TKF to deliver the cable hang-off systems for the Baltic Eagle offshore wind project in the German Baltic Sea. A tailored load test program has been created specifically for the project that will be executed at Vos Prodect’s bespoke test facility in Klazienaveen
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.
Start of decommissioned North Sea platform’s new lease on life as ‘one of the UK’s largest public art installations’
A decommissioned North Sea platform – SEE MONSTER – is on its way to be reimagined into the world’s first & only repurposed offshore platform.
Lithuanian oil & LNG company entering offshore wind market
Lithuanian operator of oil and liquefied natural gas (LNG) terminals, KN (Klaipėdos Nafta AB), has signed a letter of intent with two companies in the Polish Orlen group, Orlen Neptun I and Energa Wytwarzanie, on cooperation in providing operation and maintenance (O&M) services for offshore wind far
Shell fails to find hydrocarbons in North Sea well
Shell has failed to find commercial volumes of hydrocarbons in a North Sea exploration well and the well is being plugged and abandoned.
Double contract wins for UK decom player in North Sea and Africa
Northern Ireland-based pipeline decommissioning specialist Decom Engineering has secured two contracts to carry out cutting operations on decommissioning projects in the North Sea and offshore West Africa. According to Decom, the two contracts are worth more than £300,000 and will see the company de
Standard ETC vessel lands new job estimated at over $30k per day
S.D. Standard ETC has been awarded a new contract for a platform supply vessel (PSV) with an undisclosed energy firm.
Survey starting at Scottish floating offshore wind project
A geophysical and environmental survey is set to soon commence at the Salamander floating offshore wind project off the coast of Scotland in the North Sea. The geophysical survey and benthic drop-down video and grab survey activities are expected to commence on 26 July at the earliest and run until
Ocean Energy Europe: UK sets strong example with first-ever tidal stream auction winners
Ocean Energy Europe has applauded the results of the fourth UK government’s renewables auction, stating that tidal energy can now take its rightful place in the UK’s mainstream electricity supply and calling for EU to follow suit.
MeyGen set for additional 28MW of tidal energy
SIMEC Atlantis Energy has secured UK government support to deliver the next phase of one of the world’s leading tidal power schemes – the MeyGen tidal energy project.