North Sea oil & gas operator and producer Ithaca Energy has appointed TechnipFMC to deliver flexible pipe for its development in the UK North Sea. Under a contract defined as significant, TechnipFMC will design, manufacture, and install flexible risers, flowlines, and associated hardware for the Cap
French energy giant TotalEnergies is set to merge its upstream business with NEO NEXT, creating what is said to be the largest independent oil & gas producer in the UK. The partners have signed an agreement under which TotalEnergies will merge its upstream business with NEO NEXT and become the leadi
As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping
Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European marke
Norwegian state-owned energy giant Equinor has prolonged the lifespan of a floating production, storage, and offloading (FPSO) unit by expanding its active duty past 2030 with a subsea template tied back to the vessel via a new tubing off the coast of Norway.
Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.
As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).
Adura, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has been born, combining the two energy heavyweights’ offshore oil and gas operations on the UK Continental Shelf (UKCS).
Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates and maintains Ireland’s €3 billion, 14,75
Norwegian authorities have signed off on exploration drilling activities Norway’s oil and gas player Vår Energi is planning to undertake in the Barents Sea, with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.
Equinor has checked off the list the Norwegian authorities’ green light for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.
Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps f
As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the
TotalEnergies has decided to demobilize its floating storage and regasification unit (FSRU) in Le Havre, as this liquefied natural gas (LNG) terminal is no longer required to strengthen energy security in the country and Europe.
