Friday, January 17, 2025

BP Signals Weaker Fourth-Quarter Results

Activity: BP Signals Weaker Fourth-Quarter Results - BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading…

Norway Offers 53 Oil and Gas Licenses to 20 Firms

Oil and Gas: Norway Offers 53 Oil and Gas Licenses to 20 Firms - The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf in the APA 2024…

Potential Nord Stream 2 Bankruptcy Deemed ‘Theft’ by...

Activity: Potential Nord Stream 2 Bankruptcy Deemed ‘Theft’ by Russia - Russian Foreign Minister Sergei Lavrov said on Tuesday that the potential bankruptcy or sale of the operator of the completed…

Europe's Wind Farms Set to Produce More Power Than Coal in...

Offshore Wind: Europe's Wind Farms Set to Produce More Power Than Coal in 2025 - Europe's wind farms could produce more electricity than the region's coal-fired power plants for the first time in 2025 if…

Bibby Marine Inks Shipbuilding Contract for eCSOV with...

Activity: Bibby Marine Inks Shipbuilding Contract for eCSOV with Spanish Shipyard - Bibby Marine has signed a new shipbuilding contract with Spanish shipyard Armon to build its electric Commissioning Service…

Yinson Production Scoops $1B Investment to Upscale FPSO...

Asia: Yinson Production Scoops $1B Investment to Upscale FPSO Business - Yinson Production has entered into a definitive agreement with a consortium of global investment firms to raise pre-IPO growth…

NYK Launches Japan’s Offshore Wind Ship Management Firm

Activity: NYK Launches Japan’s Offshore Wind Ship Management Firm - NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management…

Aker BP Bites Dust in North Sea

North Sea: Aker BP Bites Dust in North Sea - Aker BP and its partner Concedo have drilled a dry well near the Bøyla field in the North Sea.The well, 24/12-8 S or ‘Rumpetroll South’…

Offshore Engineer Magazine