Lukoil had agreed to sell most of its foreign assets, estimated to be worth around $22 billion, to U.S. private equity firm Carlyle Group pending approval from the U.S. government, Russia's No. 2 oil producer said on Thursday.Under U.S. sanctions because of Russia's actions in Ukraine…
Worley has been selected by Equinor to enter into a framework agreement to provide offshore support services for selected oil and gas facilities on the Norwegian Continental Shelf.The framework agreement is expected to cover offshore maintenance…
Offshore wind installation contractor Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation (T&I) of monopiles and transition pieces at a large offshore wind farm in European waters…
German transmission system operator 50Hertz and offshore wind developer Skyborn Renewables have signed a platform cooperation agreement that clears the way for the commissioning of the Gennaker offshore wind farm in the German Baltic Sea.The…
Norwegian oil and gas firm OKEA and its partners have discovered petroleum in the North Sea, off Norway.The well was drilled from the Brage installation, and the discovery was made in connection with drilling a development well for oil (31/4-A-15 D) in the Knockando Fensfjord prospect…
Norwegian vessel owner and operator Golden Energy Offshore Services has signed binding agreements to sell two offshore support vessels for a combined gross price of about $57.25 million, completing a previously announced plan to divest vessels in the near term…
TGS, a provider of energy data and intelligence, has secured an additional ocean bottom node (OBN) contract in Europe.The company's node-on-a-rope crew will mobilize in mid-summer, with the project expected to run for approximately 30 days.The…
MODEC has signed a joint development agreement with Norway-based Eld Energy to advance an integrated solid oxide fuel cell and CO2 capture system for floating production, storage and offloading (FPSO) vessels, as the offshore industry looks to cut emissions from power generation…
European countries have agreed to jointly develop a vast offshore wind network, marking a pivotal step in the region's push to both trim its dependence on U.S. natural gas imports and tackle rising renewable energy costs.At the North Sea Summit on Monday…
Governments from nine North Sea countries, together with industry and power grid operators, have formed an investment pact aimed at mobilizing up to $1.17 trillion (€1 trillion) in offshore wind investment and accelerating Europe’s buildout of offshore wind capacity…
European Union countries on Monday gave their final approval to the bloc's plan to ban Russian gas imports by late 2027, allowing it to pass into law.The policy makes legally-binding the EU's vow to cut ties with its former top gas supplier…
European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration due to be signed by government leaders showed…
Germany’s RWE and Nordic renewables company Aneo have signed a transaction agreement for the sale of RWE’s Swedish wind activities, including its operational Karehamn offshore wind farm, as the utility refocuses on markets offering large-scale renewable growth…
Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project.DeepOcean’s scope of work encompassed trenching and surveying of the inter-array cables that connect turbines to the offshore substations…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6507/8-D-4 CH in production license 124, which is operated by Equinor with 39.79% working interest.Equinor’s…
Subscribe
