News
Bombora Expands European Ops with New HQ in UK
Bombora Wave Power has expanded its European operations with new headquarters to be based in Wales, United Kingdom. This follows Bombora’s capital raising announcement on November 17, detailing an investment from global energy and environment company, Enzen. The funding is supporting the development
Russia’s Gazprom resumes Azerbaijan gas deliveries
Russian gas giant Gazprom said on Wednesday it had resumed natural gas supplies to Azerbaijan. Gazprom Export, a unit of Gazprom, and the Azeri state energy firm SOCAR reached an agreement under which gas supplies were to start on November 22, according to a Gazprom statement. Gazprom will deliver a
Shell’s Draugen needs improvements, offshore safety body says
Petroleum Safety Authority (PSA) has found several improvement points on the Shell-operated Draugen platform offshore Norway.
Eight energy giants team up on methane emissions reduction
BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall have joined forces to further reduce methane emissions from the natural gas assets they operate around the world.
PSA Inspects Johan Sverdrup Adoption of Insulation Requirements
Petroleum Safety Authority (PSA) Norway has inspected Statoil’s planned adoption of insulation requirements for avoiding corrosion under insulation (CUI) in Johan Sverdrup Phase II. The objective of the audit was to investigate compliance with the regulatory requirements for insulation and potential
UK gov’t to allow transferable tax history to North Sea oil and gas operators
As a response to pressure from the oil and gas industry, the UK government will allow the long-awaited transferable tax history (TTH) policy in order to encourage investment in the North Sea.
France to alter regulations to boost use of LNG as fuel
France could soon make a regulatory change that will allow liquefied natural gas (LNG) refueling at ports as it looks to secure its presence in the market.
i3 Energy targets acreage off UK in bid to broaden portfolio
i3 Energy has applied for acreage made available within the UK’s 30th Offshore Licensing Round.
UK offshore licensing round attracts offers from 68 oil & gas companies
The UK’s latest offshore licensing round has attracted 96 applications covering 239 blocks in the main oil and gas producing areas of the UK Continental Shelf (UKCS).
BP withdraws workers from Magnus platform amid water contamination probe
BP is taking workers off its Magnus platform in the UK North Sea, following a recently reported contamination of drinking water aboard the unit.
DNV GL: Offshore Wind to See Benefit from Robots with AI
DNV GL has released a new position paper that describes how Artificial intelligence (AI) will increasingly automate operations over the next several years in the solar and wind industries and boost efficiencies across the renewable energy sector. The position paper “Making Renewables Smarter: The be
Viewport3 Helps Deliver New Underwater Scanning Techniques
A new company, Viewport3, has been launched to help deliver new underwater scanning techniques. Viewport3 was founded by Richard Drennan and Chris Harvey. The company, which recently secured incubator membership at Subsea UK, aims to reduce the time and cost associated with performing subsea scannin
Barkindo: Stable oil market paramount for meeting growing demand
Oil is here to stay, and will hold one of the biggest roles in the energy mix at least until 2040, OPEC Secretary General Mohammad Barkindo said during an international symposium in The Netherlands on Tuesday. Barkindo, heading the much talked about Organization of the Petroleum Exporting Countries,
Dudgeon OWF Set for Inauguration
Statoil, Masdar and Statkraft are ready to officially open their Dudgeon offshore wind farm in the UK tomorrow, 22 November.