In light of the war in Ukraine and amid rising concerns over energy security, the UK government has moved to strengthen its energy security.
IKM Testing AS has signed a contract with TotalEnergies and its Danish Underground Consortium partners Noreco and Nordsøfonden to work on the Tyra redevelopment project.
Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has secured a contract with Subsea 7 to provide linepipe for the tie-back of the Hasselmus gas discovery to the Draugen production platform in the Norwegian North Sea.
Solstad Offshore has sold additional six vessels in a bid to reduce its debt by successfully completing its divestment strategy.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
The European Union members have announced a new, fifth round of sanctions against Russia and its businesses due to the war in Ukraine.
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
Non-essential workers on an FPSO vessel located on BP’s Foinaven field off the UK have been evacuated following a fire incident.
Equinor has made a significant hydrocarbon discovery with excellent reservoir quality in the Kveikje exploration well, located off Norway.
The Danish Energy Agency has published an analysis of the potential for reducing CO2 emissions from domestic oil and gas extraction by electrifying the platforms in the North Sea.
After identifying a mechanical issue on a platform, IOG is experiencing a further delay in fixing the fault to resume production from Blythe.
The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil.
U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.
Solstad Offshore has inked new long-term deals for three of its platform supply vessels (PSVs) with ConocoPhillips for operations off Norway.
