Norwegian oil company Aker BP has struck gas at the Storjo offshore exploration well in the Norwegian Sea.According to Aker BP, the well 6507/2-6, drilled using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, has encountered gas in several geological formations…
Oil company ConocoPhillips has drilled a dry well at the Bounty prospect in the Norwegian Sea, offshore Norway, and will plug and abandon the well.ConocoPhillips drilled the wildcat well 6306/3-2 some 30 kilometers south of the Fenja field in…
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…
Perenco has moved a step closer to acquiring New Age's interests in the Etinde permit offshore Cameroon, and operatorship of the Etinde JV, after New Age's partners Bowleven and Lukoil chose not to exercise their pre-emption rights.The proposed deal was first announced on June 7…
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…
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…
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…
Shell's Edinburgh exploration well (30/14a-5) drilled in offshore UK license P255 has failed to encounter commercial quantities of hydrocarbons and is being plugged and abandoned.The news was shared by DNO, the Norwegian oil and gas company…
Britain's main oil and gas sector said it had secured some changes to a planned windfall tax but is seeking further allowances from the new Finance Minister Nadhim Zahawi, with the bill set to go through parliament on Monday.Former finance minister Rishi Sunak…
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