Ratings of Wintershall Dea on review for downgrade over Russian projects ties
Moody's has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the...
View ArticleEnergean step closer to Karish first gas following connection to Israel’s...
Oil and gas exploration and production company Energean has connected the Karish offshore gas field to the Israel National Gas Line, The post Energean step closer to Karish first gas following...
View ArticleNord Stream 2 operator denies reports about filing for bankruptcy
Following reports that Nord Stream 2 AG has filed for bankruptcy, the Swiss-based company and the operator of the Russian gas pipeline has said it "cannot confirm" such reports. The post Nord Stream 2...
View ArticleUK North Sea flaring reaches lowest level ever recorded by oil & gas regulator
The OGA is encouraged by the record low level of flaring in the North Sea, as it has fallen to the lowest one ever tracked on the UKCS. The post UK North Sea flaring reaches lowest level ever recorded...
View ArticleSubsea 7 eyes large contract award after getting FEED study work
Subsea 7 has secured a contract from Equinor for the FEED study for the marine installations associated with the Krafla project off Norway. The post Subsea 7 eyes large contract award after getting...
View ArticleIn focus: To net-zero and beyond
In recent years we have seen a number of companies active in the offshore […] The post In focus: To net-zero and beyond appeared first on Offshore Energy.
View ArticleU.S. offshore rig count stands firm for two consecutive weeks
The number of offshore rigs in the U.S. remained moored at 12 units without any upward or downward deviations for two weeks in a row. The post U.S. offshore rig count stands firm for two consecutive...
View ArticleNorwegian player seals two walk-to-work deals with DOF Subsea
Uptime International has won two contracts with DOF Subsea for the provision of walk-to-work systems on one of its vessels. The post Norwegian player seals two walk-to-work deals with DOF Subsea...
View ArticleEmpyrean in talks with Chinese partners to confirm rig slot for ‘one of the...
Empyrean is engaged in further discussions with COSL and CNOOC to finalise a spud date for the Jade prospect well, located offshore China. The post Empyrean in talks with Chinese partners to confirm...
View ArticleThermoplastic composite pipes significantly more eco-friendly than carbon...
A report launched by DNV, Strohm, and the Non-Metallic Innovation Centre (NIC) has shown […] The post Thermoplastic composite pipes significantly more eco-friendly than carbon steel pipes, report says...
View ArticleAustria’s OMV stops pursuing investments in Russia due to Ukraine crisis
Austria's oil and gas company OMV is also reevaluating its engagement in Russia following the attack on Ukraine. The post Austria’s OMV stops pursuing investments in Russia due to Ukraine crisis...
View ArticleIOG takes final step to first gas from UK project
IOG is finishing the final works required for the start-up of its Saturn Banks Project – Phase 1 to bring it online next week. The post IOG takes final step to first gas from UK project appeared first...
View ArticlePlexus to suspend activities with Russian licensee
Scotland’s oil and gas services firm Plexus Holdings has decided to suspend activities with its […] The post Plexus to suspend activities with Russian licensee appeared first on Offshore Energy.
View ArticlePost-merger with Aker BP, Lundin Energy leaving behind oil & gas business to...
Following the completion of the merger of Aker BP’s and Lundin Energy's E&P businesses, the latter will leave behind renewable energy assets. The post Post-merger with Aker BP, Lundin Energy...
View ArticleCanada stalls decision on giant new oil project while environmentalists call...
The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different...
View ArticleGulf Island names successor as current chairman heads out
Gulf Island has revealed the name of its new chairman of the board, who will take over after its current one retires at the end of his term. The post Gulf Island names successor as current chairman...
View ArticleAker BP selects technology partner for NOAKA project
Swiss technology firm Hitachi Energy has been selected by the Norwegian oil and gas company Aker BP as a technology partner for the NOAKA power-from-shore project offshore Norway. The post Aker BP...
View ArticleChinese partner paying over $2 bln to Petrobras for more interest in...
CNOOC has sealed a deal with Petrobras, which will allow it to acquire an additional interest in the Búzios field, located offshore Brazil. The post Chinese partner paying over $2 bln to Petrobras for...
View ArticleHavila bags new deals for three vessels
Norwegian offshore vessel owner Havila Shipping has inked new contracts for three vessels for operations with different operators. The post Havila bags new deals for three vessels appeared first on...
View ArticleValaris reactivating four stacked rigs for return to market – video
Valaris has shared a video update, detailing its progress in reactivating four stacked rigs ahead of their return to the market. The post Valaris reactivating four stacked rigs for return to market –...
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