AGR, Norway-based well engineering, drilling project management, and reservoir management firm, has signed an agreement to provide advisory services to Gassnova, in the area of carbon capture and storage.The Norwegian state-owned Gassnova acts…
Oilfield services company TechnipFMC on Tuesday said it had completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies.TechnipFMC, created in 2017 through a merger between France-based Technip and U…
Norway's oil industry employers struck a wage bargain with the Safe labour union on Tuesday, preventing a strike at the Mongstad crude terminal and shutdowns of major offshore oil and gas fields, Safe told Reuters.The Norwegian Oil and Gas Association…
Oil firm Shell has picked the US offshore helicopter operator PHI to operate four Airbus H160s to service a support contract in the Gulf of Mexico, marking the entry of the H160 helicopter series into the oil and gas market, Airbus has informed…
Australian oil company Carnarvon Petroleum is gearing up to start drilling at its Buffalo oil field project, in the Timor Sea, offshore East Timor.The company has awarded the drilling management services to Petrofac, which will include completion of detailed well design…
UK-based oil and gas firm Repsol Sinopec has teamed up with oilfield services companies TechnipFMC and Petrofac to create an alliance that seeks to maximize the recovery of oil and gas from the UK Continental Shelf (UKCS) using existing infrastructure…
Mediation is starting Monday on the wage deal between the oil workers' union SAFE and the Norwegian Oil and Gas Association in a bid to avert a potential strike that could shut down production from several offshore oil fields in Norway.'This…
Floating Offshore Wind (FOW) is set to be the next big thing in renewable power. It can unlock huge wind potential in new areas globally, but it will also enable many countries lacking suitable seabed conditions for fixed bottom wind to realize large economic benefits…
Norwegian authorities have approved Equinor's revised plan for development and operation (PDO) for partial electrification of the Sleipner field center in the North Sea.The field center will be tied to the Utsira High area power from shore solution…
Offshore drilling contractor Vantage Drilling's subsidiary Vantage Holdings International has signed an agreement to manage and market some of Seadrill Partners' offshore drilling rigs.Under the deal, signed on February 9, VHI will provide marketing…
BW Offshore, a company known for its FPSO leasing business in the oil and gas sector, is looking to diversify by entering the floating offshore wind space and has started talks with floating wind firm Ideol over a potential investment.The move…
The Danish authorities on Friday invited the public, companies, authorities, and other interested parties to submit ideas on the strategic environmental assessment (SEA) for the Plan for Hesselø offshore wind farm and the environmental impact assessment (EIA) of the land-based part of the project…
Poland's biggest power producer PGE confirmed a deal on Wednesday to develop offshore wind farms with Denmark's Orsted in another sign the country reliant on coal is fast becoming a hot destination for renewable energy investors.Poland was the…
UK-based infrastructure firm InfraStrata has said it has acquired 'substantially all of the assets of Burntisland Fabrication,' also known as BiFab, a company that entered into administration in late 2020.BiFab specializes in major fabrication works from facilities in Scotland for the oil and gas…
Marathon Oil Corp has laid off around 100 U.S. employees, or about 5% of its total workforce, a company spokeswoman told Reuters on Thursday, days after the oil and gas producer cut salaries for top executives and board members.Although oil…
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