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Oil & Gas

Snam closing in on LNG terminal’s startup as FSRU is moored in Ravenna

Italian energy player Snam has completed the mooring of a floating storage regasification unit (FSRU) at its liquefied natural gas (LNG) terminal off the coast of Northern Italy.

about 1 year ago

Repair costs for damaged Finland-Estonia subsea link to be sought via court

Oil & Gas

Shipowner to be taken to court over damage of Finland-Estonia subsea link

Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the request to seize the ship that broke the EstLink 2 power connection in December 2024 for compensation for damages, and plan to sue the shipowner for compensation for repair costs. To remind, Fi

about 1 year ago

Oil & Gas

UK partners on the lookout for fiscal and regulatory clarity before speeding up North Sea oil project

NEO Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are still waiting for the fiscal and regulatory uncertainty surrounding the UK’s oil and gas scene to clear up, once the government wraps up its environmental guidance revamp for oil and gas projects, to move full steam ahead wit

about 1 year ago

Oil & Gas

TotalEnergies winding down commissioning ops at giant North Sea gas project

TotalEnergies has made progress in unlocking the full commissioning capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago

Oil & Gas

US renews Serica’s North Sea field sanction exemption

UK-based upstream oil and gas player Serica Energy has secured an extension of a sanction waiver from the United States Office of Foreign Assets Control (OFAC) for its field in the UK sector of the North Sea.

about 1 year ago

Oil & Gas

ABL settles in Namibia to support local oil & gas and energy transition

Energy and marine consultancy ABL has expanded its operations to Namibia with the aim of supporting the local oil & gas market, as well as the country’s energy transition. The new entity will provide the company’s full technical service offering in energy and marine consulting, with a focus on marin

about 1 year ago

Oil & Gas

Three for three for Vår Energi as it finds more oil in Barents Sea

Norway’s oil and gas player Vår Energi has made an oil discovery in an exploration well near a field it operates in the Barents Sea.

about 1 year ago

Oil & Gas

MODEC teams up with Samsung to equip FPSO with ‘groundbreaking’ carbon capture tech

Japanese giant MODEC has entered into a front-end engineering and design (FEED) contract with engineering company SAMSUNG E&A for a pilot project to install a modular carbon capture technology developed by U.K.’s Carbon Clean on MODEC’s floating, production, storage, and offloading (FPSO) unit.

about 1 year ago

$21 million in contracts comes to Norwegian vessel operator with 'Tier 1 international majors'

Oil & Gas

$21 million in contracts comes to Norwegian shipowner with ‘Tier 1 international majors’

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured work for its vessels that has a gross contract value of $21 million for the firm period, with an additional $27.7 million for the option period. GEOS has concluded a contract on the multi-purpose support vessel (M

about 1 year ago

A man climbing down a ladder on an offshore platform

Oil & Gas

BP pivoting back to oil & gas and cutting transition spending by $5B in reset strategy

U.K.-headquartered energy giant BP has introduced what it calls a “fundamentally reset” strategy focusing on more investments in the oil and gas sector and limiting those related to energy transition.

about 1 year ago

Oil & Gas

Sidara’s takeover of Wood back on the table

Wood has been approached by architecture and engineering consultancy Dar Al-Handasah Consultants Shair and Partners Holdings (Sidara) regarding a possible takeover.

about 1 year ago

Oil & Gas

Offshore Energy Amsterdam 2025 exhibition floor 70% booked

This is an article by Navingo, owner of the Offshore-Energy.biz media brand and the organiser of the annual Offshore Energy Exhibition & Conference in Amsterdam. The year has just started but the exhibition floor for Offshore Energy Exhibition & Conference (OEEC) 2025 in November is filling up quick

about 1 year ago

Oil & Gas

Equinor puts drones to work to survey methane emissions

Norwegian state-owned energy company Equinor has awarded a Denmark-based green tech scaleup with a multi-million euro contract to survey methane emissions from all Norwegian assets using drones. The Danish company Explicit has been contracted to survey 39 offshore platforms located on the Norwegian

about 1 year ago

Oil & Gas

Saipem and Subsea7 unveil merger plan

Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with UK-based energy player Subsea7.

about 1 year ago