Business & Finance
Eidesvik platform supplier wins new job with Equinor
Norwegian offshore vessel owner Eidesvik Offshore has been awarded a contract for a platform supply vessel with compatriot oil company Equinor.
Chrysaor finds hydrocarbons in North Sea well, but final results still not in
Chrysaor has encountered hydrocarbons in the Jerv exploration well located in the North Sea offshore Norway, but the final results are yet to come in.
North Star makes grand entrance into offshore wind with Dogger Bank OWF
Aberdeen-based company North Star Renewables has won the tender for the delivery of three service operation vessels (SOVs) for the 3.6 GW Dogger Bank project, which is set to become the world’s biggest offshore wind farm. Under a contract worth approximately GBP 270 million (around € 316 million), t
Swire Energy Services, ELA team up for UK offshore market
Swire Energy Services (SES) and ELA Container Offshore have entered a strategic collaboration that will see the two companies jointly delivering offshore accommodation solutions to the UK offshore energy sector. According to the companies, the new partnership will allow SES to increase its offshore
Danish heavyweights sign offshore wind power purchase agreement
Denmark’s Danfoss and Ørsted have signed a corporate power purchase agreement for 27 MW of the capacity of the Horns Rev 2 offshore wind farm. Danfoss, a global industrial manufacturer of energy-efficient solutions, signed a ten-year fixed price CPPA with Ørsted to offtake the portion of the renewab
Keppel wraps up topsides lifting on SBM’s Liza Unity FPSO
Keppel shipyard has reached a major milestone in the construction of the SBM Offshore-owned Liza Unity FPSO with the completion of the topsides lifting.
Scottish Renewables: Offshore wind delay could cost billions
Scottish Renewables has urged the Scottish Government to resolve the delay to the ScotWind offshore wind leasing round and keep the process on track before the Parliament election period starts on 25 March. The government recently halted ScotWind leasing, which was already 14 months late, after the
Wintershall Dea gets permit for appraisal well west of Maria
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge a drilling permit for an appraisal well located in the Norwegian Sea.
Offshore wind top earner at Van Oord in 2020
The offshore wind brought the most revenue to Van Oord in 2020, surpassing for the first time the company’s Dredging business. Van Oord recorded € 632 million in revenue at its Offshore Wind business in 2020, a 10.7 per cent increase compared to € 571 million reported in 2019. The division’s operati
Swift Drilling hired for long-term P&A job in North Sea
Swift Drilling has been awarded a long-term contract by Wintershall Noordzee to perform a plug and abandonment campaign in the Dutch and German North Sea.
Sif acquires KCI the engineers
Sif Holding has finalised the takeover of KCI the engineers from Royal IHC, as announced in December 2020, when the companies inked the initial agreement for Sif’s acquisition of the Dutch engineering consultancy company. Financial details of the acquisition have been left undisclosed. KCI, which ba
Union Jack Oil buys royalties from three North Sea fields
Onshore-focused exploration and production company Union Jack Oil has acquired a royalty interest in revenues generated from three fields in the Central North Sea.
Petrofac suspended from competing for new ADNOC contracts
Oilfield services provider Petrofac has been suspended by UEA’s oil and gas giant ADNOC from competing for new contract awards until further notice.
UK regulator tells how oil & gas sector should work to reduce emissions
UK’s petroleum regulator, the Oil and Gas Authority, has outlined how the oil and gas industry should work to reduce greenhouse gas emissions.