The European Commission has proposed an outline of a plan, which is supposed to make Europe independent from Russian fossil fuels.
Pandion has inked an agreement to acquire ONE-Dyas’s subsidiary holding the company’s Norwegian assets to double its daily production.
U.S. President Joe Biden has banned the imports of Russian oil, LNG, and coal while the UK government has decided to phase out Russian oil imports
Norwegian oil and gas giant Equinor has started drilling operations on the Kveikje exploration well located in the North Sea offshore Norway.
Oil major Shell has failed to find hydrocarbons following the drilling of an exploration well located in the UK North Sea.
Shell has apologised for buying a cargo of Russian crude oil, a decision which was made with the security of supplies in mind.
Norwegian offshore vessel owner Havila Shipping has inked new contracts for three vessels for operations with different operators.
The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different opinion on the effects that this project development would have within the context of the energy trans
Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will leave behind renewable energy assets.
IOG is finishing the final works required for the start-up of its Saturn Banks Project – Phase 1 to bring it online next week.
Austria’s oil and gas company OMV is also reevaluating its engagement in Russia following the attack on Ukraine.
Uptime International has won two contracts with DOF Subsea for the provision of walk-to-work systems on one of its vessels.
Subsea 7 has secured a contract from Equinor for the FEED study for the marine installations associated with the Krafla project off Norway.
The OGA is encouraged by the record low level of flaring in the North Sea, as it has fallen to the lowest one ever tracked on the UKCS.
