Business & Finance

Gazprom starts building ice-resistant platform for extreme conditions of Arctic field
Gazprom has started construction of an ice-resistant platform for its field located in extreme ice and climate conditions of the Arctic shelf.

Denmark: For every 1 GW of offshore wind, 14,600 FTE jobs secured
A new study in Denmark, published on 26 June, says that every 1 GW of offshore wind set up in Denmark secures 14,600 full-time jobs. The study, released by Danish Shipping, Danish Energy and Wind Denmark, has investigated what investments in offshore wind can create in terms of employment throughout

Dolphin Drilling eyes three-well campaign in Norway
Dolphin Drilling has secured a letter of intent with a Norwegian operator for a three-well P&A operation on the Norwegian Continental Shelf.

Cobra strikes Kincardine green financing deal
Spain’s Cobra Instalaciones y Servicios has secured a £380 million green loan financing for the construction of the Kincardine floating wind farm offshore Scotland. The project comprises the construction of a 50 MW wind farm some 15 kilometres south-east of Aberdeen. Kincardine will consist of six t

Lukoil vice-chairman promoted to chairman role
Russian oil and gas company Lukoil has elected a new chairman of the company’s board of directors following the death of its long-time chairman.

GALLERY: Shell’s Brent platform reaches UK port ahead of final dismantling
Following its recent removal from the UK North Sea, Shell’s oil and gas platform Brent Alpha has arrived at a decommissioning yard in the UK.

Cluff Natural Resources changes name to reflect ‘new era’
Cluff Natural Resources has changed its name to reflect its transition in the company’s main investments into a more operational phase.

NPD presents new management team
The Norwegian Petroleum Directorate (NPD) has presented the six directors that will make up its senior management team.

Aker BP gets licence to drill Norwegian Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for two wells located in the Norwegian Sea.

Aker BP hands in Hod development plans
Norwegian oil and gas company Aker BP has submitted the plan for development and operation (PDO) for Hod to the country’s Ministry of Petroleum and Energy.

UK well specialist sets up Norwegian unit
Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has established a Norwegian subsidiary, Exceed Norge.

Danish consortium raring to bankroll North Sea energy island
A consortium including three of the largest Danish pension and energy companies is ready to finance and operate the recently approved energy island in the Danish North Sea. Earlier this week, the Danish parliament approved a new Climate Action Plan which calls for the development of two energy islan

Rovco sets up Edinburgh base
Subsea technology firm Rovco has established a new office in the city of Edinburgh, Scotland. The new Scottish office location also establishes a dedicated operational base to serve Rovco’s current portfolio of offshore renewable and energy projects. The company said it aims to continue to support b

Neptune decommissions three platforms in Dutch North Sea
Oil and gas company Neptune Energy has decommissioned the L10-C, L10-D and L10-G platforms from the Dutch sector of the North Sea.