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Oil & Gas

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NEL Hydrogen to Deliver PosHYdon Electrolysis System
Oil & Gas

NEL Hydrogen to deliver PosHYdon electrolysis system

Norway’s NEL Hydrogen ASA has won the contract to deliver the offshore electrolysis system for the PosHYdon project in the Dutch North Sea. The PosHYdon pilot is an initiative of Nexstep, the Dutch association for decommissioning and reuse, and TNO, the Dutch organisation for applied scientific rese

about 5 years ago
oil barrels - Rystad - largest crude deficit in years
Oil & Gas

Rystad expects 2021 to bring largest crude deficits in years

The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.

about 5 years ago
Fortuna vessel - Nord Stream 2
Oil & Gas

Nord Stream 2 to start laying pipes in Danish waters in January

Russia’s Nord Stream 2 gas project is expected to start laying pipes for the gas pipeline in Danish waters in January 2021.

about 5 years ago
West Hercules rig; Source: Greenpeace
Oil & Gas

Norwegian court’s ruling in favour of Arctic drilling sparks outrage

Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by issuing new exploration licences for Arctic drilling.

about 5 years ago
Deirdre Michie, Oil & Gas UK chief executive
Oil & Gas

Oil & Gas UK adds three board members as sector pushes to meet net-zero target

Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.

about 5 years ago
The Statfjord C platform in the North Sea. (Photo: Equinor/Harald Pettersen)
Oil & Gas

Equinor and partners to improve North Sea field recovery with $345 million investment

Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.

about 5 years ago
Leiv Eiriksson rig - ConocoPhillips
Oil & Gas

ConocoPhillips makes ‘significant’ oil discovery off Norway

ConocoPhillips has made a new oil discovery in production license 891 located 14 miles north-northeast of the Heidrun field in the Norwegian Sea.

about 5 years ago
Illustration; Source: Shell
Oil & Gas

Shell to write down oil and gas assets value by as much as $4.5 billion

Oil major Shell said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.

about 5 years ago
Nyhamna plant; Source: Shell Aker Solutions
Oil & Gas

Shell taps Aker Solutions for work on Ormen Lange Phase 3

Norwegian engineering firm Aker Solutions has been awarded a letter of intent from oil major Shell for the Ormen Lange Phase 3 onshore project.

about 5 years ago
Illustration; Source: MHWirth
Oil & Gas

MHWirth to deliver drilling equipment for Chinese drillship

Drilling solutions provider MHWirth has received an order to deliver a drilling equipment package for a Chinese drillship.

about 5 years ago
Standard Viking vessel - Standard Drilling
Oil & Gas

Standard Drilling finds new work for supply vessels

Standard Drilling has secured more work for its platform supply vessels. The vessel utilization for its PSVs totalled 74 per cent in October and November.

about 5 years ago
Deepsea Atlantic rig is working for Equinor
Oil & Gas

Equinor cleared to use Odfjell rig in North Sea

Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.

about 5 years ago
Brage platform - Wintershall Dea
Oil & Gas

Wintershall Dea extends Odfjell deal by four years

Wintershall Dea has exercised two options in a platform drilling services contract with Odfjell Drilling on the Brage platform off Norway.

about 5 years ago
Gjøa field - Neptune Energy
Oil & Gas

Green light to Neptune for Gjøa expansion start-up

Norwegian authorities have granted consent for the start-up of two new wells on the Neptune Energy-operated Gjøa field in the North Sea.

about 5 years ago
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