TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal of boosting their holdings in the North Sea's largest producing field, Aker BP said on Wednesday.Built across several offshore oil and gas licences鈥
A report published by RenewableUK has outlined key proposals to enable the operational lifespan of offshore wind farms to be extended, as well as recommendations for the development of the best decommissioning options.The UK鈥檚 first offshore wind farm began generating clean power in 2000鈥
Engineering firm Kystdesign has secured a contract to supply four work class remotely operated vehicles (ROVs) and accompanying equipment as part of its largest ordered booked to date.This significant agreement with an undisclosed client involves the supply of four Work Class ROVs鈥
BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable production in the years ahead, a senior manager at the international energy major told Reuters.BP currently operates 21 gas wells in Shah Deniz鈥
Next Ocean, a Dutch developer of Vessel Motion Radar systems for offshore wind and oil and gas industries, has secured seed investment from Arches Capital to drive its business expansion.This funding will accelerate Next Ocean鈥檚 growth, enabling the company to scale production鈥
Italian offshore energy services firm Saipem has entered into a new $620 million revolving credit facility with a pool of fourteen national and international financial institutions.The facility has a tenor of three years, extendable for a further鈥
Norway will not offer acreage suitable for bottom-fixed offshore wind farm development when it next announces new tenders, and will instead focus on floating wind options, it said on Monday.The government had previously said it would offer new鈥
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the company promised to reset its strategy, after news broke at the weekend that investor Elliott Management had built up a stake鈥
Aker Solutions has signed a contract with Dragados 云顶赌场老虎机 to deliver the steel substructure for the 2 GW HVDC converter station for the BalWin1 offshore wind grid connection system in Germany, being developed by transmission system operator (TSO) Amprion 云顶赌场老虎机鈥
Shares in BP rose by 7% to their highest since August in early trade on Monday, after investor Elliott Management built a stake in the energy major it is expected to use to press for change in strategy and to the board.By 0901 GMT, the shares were up about 7% to 462鈥
Renewable energy company Source Galileo has signed a non-exclusive memorandum of understanding (MoU) with Portland Port, a commercial port on the South Coast of England, to jointly advance offshore wind development off Dorset coast in English Channel鈥
A series of advanced selective catalytic reduction (SCR) systems has been installed on Van Oord鈥檚 cable-laying vessel (CLV) Nexus by Damen Shipyards Group in an effort to further reduce emissions.Five SCR units have been installed on the Nexus鈥
Norwegian seismic firm TGS has secured two 4D streamer contract acquisition projects, one in the North Sea and the other in the Norwegian Sea.The 4D projects are scheduled to be acquired back-to-back and start in June 2025.The total duration of the two surveys is approximately 80 days鈥
The Norwegian 云顶赌场老虎机 Directorate has granted Equinor a drilling permit for an exploration well in the Barents Sea.The permit is for a wellbore 7220/7-CD-1 H in production license 532, which is operated by Equinor with 46.3% working interest鈥
Italian energy giant Eni has refuted the Belgian contractor Exmar鈥檚 claims over its entitlement to bonus payment for the performance of Tango floating liquefied natural gas (FLNG) unit, deployed at Eni鈥檚 Marine XII offshore block in Congo.On February 5鈥
