Fossil Energy
Green light for manned subsea ops off Norway
Norwegian offshore safety watchdog PSA has granted consent for manned underwater operations in 2021 to Vår Energi, Equinor, Gassco and Aker BP. Equinor has signed framework agreements with TechnipFMC and Subsea 7 for the performance of manned underwater operations in 2021. Through a pool agreement w
BW Offshore buys into Ideol
The oil & gas services provider BW Offshore has signed a share purchase agreement to become a strategic owner of the floating wind technology developer Ideol. The deal will see BW Offshore obtaining a 50 per cent stake by investing EUR 60 million and the establishment of BW Ideol, a global integrate
Lukoil jumps in with takeover offer for FAR
Following a failed attempt to enter into the RSSD project off Senegal through the acquisition from Cairn, Lukoil has now made a takeover offer for FAR.
Norway: January oil output on par with NPD predictions
Norway had a good start to the new year with oil production in January 2021 on par with forecasts made by the Norwegian Petroleum Directorate (NPD).
Aker Solutions to work on Troll electrification for Equinor
Aker Solutions has secured a letter of intent from Equinor for the topside work on the Troll B and C platforms offshore Norway to reduce the CO2 emissions.
AGR to advise Gassnova on carbon capture and storage
Energy consultancy AGR has signed a framework agreement with Gassnova for carbon capture and storage technical advisory services. Norway’s Gassnova facilitates the development of technology and solutions to enable cost efficient and progressive solution for the capture and storage of CO2. AGR will d
Save the date for Offshore Energy Exhibition & Conference 2021
Offshore Energy Exhibition and Conference (OEEC) will take place in Amsterdam RAI on Tuesday 26 and Wednesday 27 October 2021. The 14th edition of OEEC will have a physical exhibition floor and content programme combined with an online event and matchmaking environment. The dates for the event were
Kværner orders slipform systems for Hywind Tampen floating wind farm
Kværner has selected German engineering company Dominion for the design, supply, and supervision services for the slipform systems that will erect the concrete wind towers for the Hywind Tampen floating wind project. Dominion said its cylindrical and conical sets of slipform systems can be used mult
TechnipFMC and Technip Energies set off as independent entities
TechnipFMC today officially completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies has set its technical reference price at €9.00 ahead of its direct listing on the Euronext Par
Stena Drilling orders MPD system for another drillship
Offshore drilling contractor Stena Drilling has ordered a fourth managed pressure drilling (MPD) system for the Stena Forth drillship.
Strike averted and deal reached to avoid field shutdown
Equinor has said that there will be no strike at Mongstad refinery as the employers’ organisation and the workers’ union have managed to make a deal.
Equinor spent nearly $18 billion on suppliers in 2020
In 2020, Norwegian oil and gas giant Equinor purchased goods and services worth NOK 150.8 billion (about $17.8 billion) from around 8500 suppliers globally.
OGA takes proactive approach and launches probe into licence breach
UK’s petroleum regulator, the Oil and Gas Authority (OGA), has opened an investigation into a possible breach of reporting requirements under a licence.
Repsol Sinopec, TechnipFMC, Petrofac in pact to boost recovery in North Sea
Repsol Sinopec Resources has formed a partnership with TechnipFMC and Petrofac, which seeks to maximise the recovery of oil and gas from the UKCS