Business & Finance
Lundin comes up dry in North Sea well
Lundin Energy is in the process of concluding the drilling of a wildcat well southeast of the Johan Sverdrup field in the North Sea.
NEO Energy confirms first gas from North Sea project
NEO Energy has achieved the first gas from its Finlaggan field development, a tieback to the Britannia platform in the UK North Sea.
Offshore Energy Exhibition & Conference and Navingo Career Event 2021 start in a few days!
Offshore Energy Exhibition & Conference 2021 is approaching! With only a few days left, don’t forget to sign up to be part of a great event.
Wellesley gets licence to drill North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Wellesley Petroleum for a well in the North Sea off Norway.
Minesto widens interim loss
Swedish tidal energy developer Minesto has reported an increase in losses for the first nine months of fiscal year 2021 compared to the same period a year earlier.
Aker Solutions gets FEED job on Equinor’s Wisting FPSO
Aker Solutions has received a Letter of Intent for a FEED contract from Equinor for the FPSO for the Wisting development in the Barents Sea.
Neptune Energy backs initiative to eliminate routine gas flaring by 2030
Oil and gas company Neptune Energy has endorsed the World Bank’s Zero Routine Flaring by 2030.
Proman, Stena to support industry’s methanol era with new retrofit and supply solution
Swiss-based integrated energy company Proman has teamed up with Swedish shipping company Stena to develop a retrofit and supply solution that will allow vessels to run on methanol as a marine fuel.
NKT puts power cable recycling into fifth gear
NKT has reused all materials from its medium- and high-voltage power cable scrap for new applications as part of its journey towards zero waste. After entering a partnership with the Norwegian recycling specialist KMT, scrap materials from NKT’s production are being transformed into flowerpots, cabl
Another Shell’s tanker joins Signal Maritime Pool
Signal Maritime, the Signal Group’s shipping arm, has taken commercial management of MT Silver London, the new Shell’s medium-range (MR) tanker, increasing the pool’s fleet size to 15.
Norway’s seismic firms target hybrid towed streamer and OBN acquisition
PGS has entered into a strategic collaboration with Magseis Fairfield to collaborate in the hybrid towed streamer and ocean bottom node (OBN) seismic market. The strategic collaboration has a global scope with an initial focus on the North Sea, and a duration of one year, with options to extend by t
Founder Adolfo Utor takes sole ownership of Baleària
Adolfo Utor, president and founder of the Spanish LNG ferry operator Baleària, takes control of 100 per cent of the shares of the shipping company.
Bourbon embarks on fleet transformation with 40 crew transport vessels in the works
Bourbon plans to build 38 more new units after the first two crew boats from its new Bourbon Surfer-200X series completed sea trials.
Shell produces first gas from North Sea field
Oil major Shell has started production from a gas and condensate field located in the UK North Sea, through a tieback to its Shearwater hub.