Equinor and its partners have drilled two wells in the North Sea, both of which were proven dry.The wildcat wells Kvernbit and Mimung (35/10-14 A and 35/10-14 S) are the first to be drilled in production license 1185, which was awarded in 2023.Equinor is the operator of the license with 40% stake, with partners Vår Energi, Sval Energi, and Aker BP holding 20% working interest each.The wells were drilled by the Odfjell Drilling’s Deepsea Stavanger semi-submersible drilling rig…
Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company.The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State…
Vard has delivered a new cable laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore less than two years after the contract was signed.The newly delivered vessel, based on the VARD 9 01 design, has been specially designed and equipped for subsea cable laying operations…
Belgium-based offshore installation contractor Jan De Nul, in partnership with Greek cable maker Hellenic Cables, has entered into a framework agreement to supply and install export cables for two 750 MW floating wind farms off the coast of Southern Brittany in France…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is for wellbore7/1-3 in production license 1090, operated by Var Energi with 50% working interest, along with partners Aker BP holding 30% and Petoro 20% stakes…
Solstad Subsea, a wholly owned subsidiary of Solstad Offshore, has agreed to acquire a 35.8% shareholding in ROV and subsea services provider Omega Subsea for an undisclosed amount.Following completion of all transactions, Omega Subsea will own 100% of Omega Subsea Robotics…
Ocean services provider DeepOcean has taken full ownership of the pipeline repair and subsea intervention (PRSI Pool Services) contract with Equinor, formerly operated in a joint venture (JV) between DeepOcean and TechnipFMC.The transaction…
Norway's combined oil and gas production declined in November from the same month a year earlier but was still 2.6% higher than an official forecast, the Norwegian Offshore Directorate (NOD) said on Friday.Norway is Europe's largest supplier of natural gas and a major producer of oil…
The United States issued fresh sanctions on Wednesday on several Russia-based entities over their involvement in the Nord Stream 2 gas pipeline, the State Department said, including new measures against the operator of the project.The U.S. State…
Finland aims to begin tendering areas for offshore wind power generation in its exclusive economic zone at the end of 2025, the Nordic country's economic affairs ministry said on Thursday.A new legislation that will come into force in January…
Hitachi Energy has signed contracts totaling over $2 billion with German transmission system operator (TSO) Amprion to deliver four converter stations for two high-voltage direct current (HVDC) links that will support Germany’s clean energy transition…
Aker Solutions has signed a sizeable contract to deliver maintenance and modification services for Vår Energi’s Jotun, Balder, and Ringhorne assets in the southern area of the Norwegian Continental Shelf (NCS).The five-year agreement includes…
BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the full ramp-up of the Denmark’s largest offshore gas development has been pushed for three weeks, with the plateu production now expected in the second half of January 2025…
KENC Engineering has secured multiple contract awards from an unnamed transport and installation (T&I) contractor to provide engineering work for a jack-up vessel set for operations at U.K. offshore wind farm.KENC’s scope of work includes the…
Norwegian Ministry of Energy has offered two CO2 storage permits to Harbour Energy, Equinor, and Aker BP, both located in the North Sea.One of the permits is being offered to a group consisting of Harbour Energy (operator) and Equinor Low Carbon Solution…
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