Oslo-listed AF Gruppen (AFG) has received a letter of award for a contract from the Dutch offshore services firm Heerema Marine Contractors for the engineering and offshore hook-down preparation of Equinor’s Heimdal Main Platform in the Norwegian sector of the North Sea…
Malaysian oil and gas firm Hibiscus Petroleum has, via its UK North Sea subsidiary Anasuria Hibiscus UK, Ithaca Energy, and Caldera, entered into a unitization and unit operating agreement to jointly develop the Marigold field, about 250km northeast…
Costs at Equinor-operated Johan Castberg offshore field development project have increased by almost NOK 13 billion (currently $1,2 billion) since last year, but the production start-up date remains unchanged and is still slated for the fourth quarter of 2024…
Germany is likely to generate more than 50% of its power from renewable energy this year but needs to ramp up the speed of its transition towards the end of the decade, Economy Minister Robert Habeck said on Monday. With demand for electricity on the rise…
A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.Demand for liquefied natural gas (LNG) in Europe has grown in the wake of the war in Ukraine…
Lighting solutions specialist Glamox has won a contract from the Chinese shipbuilder Yantai CIMC Raffles Offshore Limited to light Havfram Wind’s two new Wind Turbine Installation Vessels (WTIV). These new vessels will be capable of installing…
The floating offshore wind project DemoSATH has started generating electricity, off the coast of Spain.DemoSATH, led by the Spanish engineering firm Saitec Offshore Technologies, in collaboration with the German energy company RWE Offshore Wind and the Japanese company KEPCO…
Norway's $1.4 trillion sovereign wealth fund, the world's largest, revealed stricter demands on Friday for how companies it invests in should handle climate risk, telling boards to move from target setting to transition planning.The fund, which…
Norwegian oil and gas company Equinor has submitted a plan for development and operation (PDO) of the Eirin offshore gas field to the country's Ministry of Petroleum and Energy.According to Equinor, recoverable reserves in the field are estimated at 27…
Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), is running tests at the University of Edinburgh’s FloWave facility, to determine the potential for floating platforms that can be used by both offshore wind and wave energy devices…
Norway must continue to deliver natural gas to Europe for as long as needed while also working to decarbonize the continent's energy systems, the Norwegian climate and environment minister said on Friday.'We think it's strategically important that we uphold these deliveries while there is still use…
Norway's oil and energy ministry is considering three areas for an offshore wind tender planned for 2025, which is part of its wider goal to develop 30 gigawatts (GW) of offshore wind by 2040, it said on Thursday.The ministry has tasked the Norwegian Water Resources and Energy Directorate (NVE)…
Norway's minority government should withdraw its proposal to open a vast Arctic offshore area to deep sea mining and call at least a ten-year moratorium on the activity, its key backer in parliament, said.Norway could become the first nation…
BP's interim CEO Murray Auchincloss said on Wednesday the company won't be derailed from its energy transition strategy by former leader Bernard Looney's abrupt resignation amid misconduct allegations.BP scaled back its energy transition strategy…
The UK government has approved BP's proposed development of the Murlach oil and gas field in the UK North Sea.The Murlach Field Development will be a redevelopment of the Murlach Field (part of Marnock-Skua), located in the Central North Sea…
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