News
MeeMaken takes over Kenz Figee
Kenz Figee, a Dutch lifting and hoisting systems provider for the international offshore oil and gas industry, has a new owner. The company on Friday said it was being taken over by MeeMaken BV, a firm with the worldwide network and portfolio comprising service companies to the offshore energy busin
UK’s new Prime Minister scraps DECC. New department without ‘climate change’ in its name
The UK’s Department of Energy and Climate Change (DECC), established in 2008 by the then Prime Minister Gordon Brown, has been axed. The newly appointed UK Prime Minister Theresa May has decided to scrap the DECC, and establish a Business, Energy and Industrial Strategy Department. As part of the mo
Faroe Petroleum buys Dong Energy’s Norwegian fields for $70M
Danish energy company Dong Energy has agreed to divest ownership in some oil and gas fields in Norway to Faroe Petroleum. The company will through its Norwegian subsidiary DONG E&P Norge AS divest ownership shares in five producing Norwegian oil and gas fields the Ula field (20 percent working inter
Wartsila’s dual-fuel engine hits milestone
Finnish engine manufacturer Wärtsilä recently reached a milestone with the completion of the 500th engine factory acceptance test (FAT) for its Wärtsilä 50DF engine.
Heartwarming Offshore Wind News: Race Bank Team Rescues Baby Seal
DONG Energy posted a heartwarming story on its social media pages today, after the Race Bank offshore wind farm team recently rescued a baby seal. “Some days ago our Race Bank Offshore Wind Farm team noticed this baby seal laying near the barge being used for landfall works. When they came closer to
Heartwarming Offshore Wind News: Race Bank Team Rescues Baby Seal
DONG Energy posted a heartwarming story on its social media pages today, after the Race Bank offshore wind farm team recently rescued a baby seal. “Some days ago our Race Bank Offshore Wind Farm team noticed this baby seal laying near the barge being used for landfall works. When they came closer to
Oil & Gas UK ‘disappointed’ by North Sea union’s support for strike action
Following an overwhelming support for strike action by Wood Group’s offshore workers on Wednesday, Oil & Gas UK has said it was ‘extremely disappointed’. A ballot of Wood Group employees working across Shell operated North Sea assets coordinated between two unions, RMT and Unite, returned with a mas
ABB to Strengthen Norway’s Grid
ABB has won an order worth more than USD 30 million (approx. EUR 27 million) from Statnett for two substations that will strengthen Norway’s grid reliability, boost power supplies, and facilitate the integration of new renewable energy sources. The substations will also play a key role in connecting
MHI Vestas 8MW Wind Turbines to Spin at EOWDC
MHI Vestas Offshore Wind has been selected as a preferred supplier of wind turbines for the European Offshore Wind Deployment Centre (EOWDC). Aberdeen Offshore Wind Farm Limited (AOWFL), the company behind the project consisting of Vattenfall and Aberdeen Renewable Energy Group (AREG), has nominated
Oil bounces after big losses but glut persists
By Christopher Johnson LONDON (Reuters) – Oil prices rallied from sharp losses on Thursday but brokers said the downtrend could resume soon as record-high stocks and worries over slowing economic growth dampened sentiment. Brent crude oil <LCOc1> was up 50 cents at $46.76 a barrel by 0745 GMT. U.S.
Bladt Sends Off First Wikinger Jackets
The first jacket foundations built by Bladt Industries for the Wikinger offshore wind project have left the company’s facilities at Lindø Industripark on a barge early this morning, with Sassnitz in Germany as the next stop. The jacket foundations weigh approximately 650 tonnes and have a footprint
Bladt Sends Off First Wikinger Jackets
The first jacket foundations built by Bladt Industries for the Wikinger offshore wind project have left the company’s facilities at Lindø Industripark on a barge early this morning, with Sassnitz in Germany as the next stop. The jacket foundations weigh approximately 650 tonnes and have a footprint
Oil & Gas UK welcomes Theresa May as Prime Minister
Oil & Gas UK has welcomed the appointment of the Rt Hon Theresa May MP as a leader of the Conservative Party and Prime Minister of the UK. To remind, after the British people voted to leave the EU in June, the country’s PM David Cameron resigned from his position. As a trade association for [&hellip
Kvaerner boosts profit in 2Q
Norwegian engineering and construction services company Kvaerner has seen a rise in its net profit but a drop in revenues and order-book during the second quarter of 2016. Kvaerner’s net profit total operations in the second quarter of 2016 was NOK 44 million ($5.2M) compared to NOK 36 million ($4.3