Oil and gas company Neptune Energy has awarded a new contract to oilfield services firm TechnipFMC for the performance of technical services in Norway.Bulding on the existing technical service agreement, TechnipFMC will continue to provide a wide range of engineering…
The biggest single pipeline carrying Russian gas to Germany started annual maintenance on Monday, with flows expected to stop for ten days, but governments, markets, and companies are worried the shutdown might be extended due to war in Ukraine…
British energy regulator Ofgem is proposing reforms to wholesale electricity markets to reduce Britain's reliance on gas imports and accelerate the transition to low-carbon energy supply, it said on Friday.Last year, the government set out plans…
José Eduardo dos Santos, who ruled Angola for nearly four decades, winning a brutal civil war and overseeing an oil-fuelled boom that did little to alleviate poverty, died on Friday. He was 79 years old.The presidency said Dos Santos died at the Barcelona Teknon clinic…
Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor…
Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance…
Offshore wind turbine maker Vestas has installed the first offshore wind turbine at the Akita Noshiro offshore wind project in Japan.This will be Japan’s first commercial-scale offshore wind project.Thirty-three V117-4.2MW turbines, totaling 140MW…
Harbour Energy said on Friday that largest shareholder, EIG Asset Management, has distributed some of its stake in North Sea's biggest oil and gas producer to existing investors, resulting in a dilution in its holding to 16% from 37%.The share…
The Norwegian Ministry of Petroleum has approved Aker BP's plan for the development and operation of the Frosk field in the Alvheim area, in the North Sea, offshore Norway.The Frosk field, discovered in 2019, is located around 25 kilometers southwest of the Alvheim FPSO…
Shell said on Friday it had loaded and shipped a cargo of liquefied natural gas (LNG) this week at its Prelude floating LNG facilityafter workers scaled-down industrial action at the site off northwestern Australia.The oil and gas giant slowed output at the 3…
Klaipėdos Nafta AB, Lithuanian operator of oil and liquefied natural gas (LNG) terminals, and the companies of the largest Polish oil group ORLEN, ORLEN Neptun I, and Energa Wytwarzanie, signed a letter of intent on the possibility of cooperation…
Tekmar Group has secured a contract to provide an integrated engineering solution, including Cable Protection Systems ('CPS') and Cable Hang-Off Clamps, for an offshore wind farm project in Japan. The contract is expected to be delivered in 2023…
Italian energy services firm Saipem on Friday said it had reached important milestones in offshore wind, in relation to the Saint Brieuc project in France, and the Formosa 2 project in Taiwan.In France, Saipem said it has successfully completed…
Spanish power group Iberdrola will develop 16 new renewables projects in the UK after it secured their financial viability through contracts for difference (CfD) with the British government, the company said on Thursday.Through ScottishPower…
Resource-poor Japan is facing a historic energy security risk as tensions with Moscow intensify, heightening the threat of gas supply disruptions at a time when global supply is tight and spot prices are sky-high.Last week, Russia seized full…