France’s TotalEnergies has decided to step up its investments in low-carbon energies to $5 billion in 2023.
Norwegian offshore safety regulator has given Equinor consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a North Sea field off Norway.
DeepOcean has entered into a two-year time charter agreement with Olympic Subsea for a multi-purpose support vessel (MPSV) that will be deployed in the renewables and oil and gas industries. The agreement was signed for the MPSV Olympic Ares which will provide subsea inspection, maintenance, and rep
Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern.
UK regulator North Sea Transition Authority (NSTA) has launched an investigation into whether an oil and gas company possibly failed to meet license obligations, including seismic survey and work program commitments, designed to stimulate activity. The investigation will look into whether the compan
Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.
Serica Energy has completed all the steps required to close the acquisition of Tailwind, aside from one, which also needs to be checked off the list.
Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels.
Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maers
The Dutch government has designated an area for what will become the world’s largest offshore hydrogen production project. That area is Ten noorden van de Waddeneilanden (the North of the Wadden Islands), identified earlier for offshore wind development and deemed most suitable for providing 500 MW
French green hydrogen production specialist, Lhyfe, and Centrica, the UK-headquartered multinational energy company, have signed an agreement to jointly develop offshore renewable hydrogen in the UK, starting with a pilot project in the Southern North Sea. Beyond the pilot, Lhyfe and Centrica will a
Equinor and OKEA have entered into an agreement, which will enable the latter to acquire 28 per cent interest in the Statfjord area.
Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s
