Business & Finance
UK unleashes £12 million for zero-emission maritime technologies
The UK government has announced a multi-million investment that aims to kickstart innovation in the maritime sector and tackle shipping emissions.
Aker BP all set to get Norwegian Sea drilling ops underway
Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the Norwegian Sea off Norway.
Germany striving to develop gas field with Senegal amid supply uncertainties
Germany plans to work with Senegal on the development of an offshore gas field amid the severe impact of the war in Ukraine on energy supply and prices.
UK player frustrated by production shut-in at North Sea gas project
IOG has revealed that production at its gas project in the UK sector of the North Sea, has been shut-in due to liquids handling issues.
Two Norwegian operators cleared for offshore drilling ops with Odfjell rigs
Equinor and Aker BP have secured permits from Norwegian authorities for three wildcat wells off Norway to be drilled by Odfjell’s rigs.
Wintershall Dea sells stakes in three North Sea fields to focus on gas
Wintershall Dea has reached an agreement with OKEA to sell its stakes in three North Sea fields for €108 million.
RWE: New delegated act puts shackles on green hydrogen
There should be no limiting criteria for the producers and buyers of green hydrogen on the use of electricity to produce it, RWE said in a comment on a proposed delegated act in the EU which would permit only electricity from newly built, unsubsidised wind and solar energy farms to generate green hy
Latvia’s Virši to buy Skulte LNG Terminal stake
Virši has signed an agreement with Skulte LNG terminal to buy 20 per cent of its shares and announced plans to jointly develop an LNG terminal at the port of Skulte.
CGG inks long-term 4D imaging deal with Equinor
CGG has secured a multi-year contract with Equinor for 4D seismic imaging of multiple towed-streamer and ocean bottom cable (OBC) datasets from the Gullfaks field area in the Norwegian North Sea.
Halliburton to help Aker BP in accelerating digital transformation
Halliburton has joined forces with Aker BP to develop a next-generation intelligent system, aiming to evolve field development planning.
UK geothermal specialist awarded ‘first of its kind’ study to decarbonise oil & gas extraction
CeraPhi Energy has been awarded funds to carry out a decarbonisation study, aiming to repurpose offshore oil and gas wells.
Norway’s oil and gas output sinks in April
Norway’s oil production fell behind predictions for the second month in a row while gas output is in line with the NPD’s forecast.
In focus: Europe’s political balancing act within offshore energy realm
European governments’ efforts to balance the security of the energy supply and climate change materialised in the form of a plan, which is expected to reduce its dependence on Russian fossil fuels and fast forward the green transition.
Following plans to scale up gas production, Polish player secures more Norwegian acreage
PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.