Equinor has said that there will be no strike at Mongstad refinery as the employers’ organisation and the workers’ union have managed to make a deal.
Energy services group Three60 Energy has announced a strategic addition to its engineering, procurement, construction, and commissioning (EPC&C) service line.
In 2020, Norwegian oil and gas giant Equinor purchased goods and services worth NOK 150.8 billion (about $17.8 billion) from around 8500 suppliers globally.
UK’s petroleum regulator, the Oil and Gas Authority (OGA), has opened an investigation into a possible breach of reporting requirements under a licence.
Oil major Shell has selected U.S. offshore helicopter operator PHI to operate four Airbus H160s to service a support contract in the Gulf of Mexico. Announcing the contract on Monday, Airbus said it marks the entry into the oil and gas market of the H160 with design features promising new levels of
The Offshore Wind Growth Partnership (OWGP), established as part of the Offshore Wind Sector Deal and funded by members of the Offshore Wind Industry Council (OWIC), has awarded twelve UK companies a total of GBP 1.3 million (around € 1.5 million) in funding and business improvement support. “These
Global financial investment for offshore wind set a new record in 2020 with USD 30 billion, surpassing the previous high of USD 22 billion from 2018, according to The Renewables Consulting Group (RCG). According to RCG’s Global Renewable Infrastructure Projects (GRIP) database, the total capacity fi
Repsol Sinopec Resources has formed a partnership with TechnipFMC and Petrofac, which seeks to maximise the recovery of oil and gas from the UKCS
ROV solutions, tooling and products specialist Aleron has promoted Gary McConnell to its new managing director. Formerly commercial manager, McConnell steered the business through a challenging year and will continue to lead Aleron through a period of growth, implementing new internationalisation st
Due to Biden’s plans to pursue a clean energy future, the U.S. government has rescinded the Record of Decision for the Gulf of Mexico oil & gas lease sale.
Norwegian energy services player Aker Solutions has seen its loss widened in the fourth quarter 2020 on impairments and lower activity, which led to some 30 per cent revenue drop. The Oslo-listed company recognised quarterly net loss of NOK 844 million, versus net loss of NOK 129 million in Q4 2019.
Transocean has secured new contracts for its fleet, bringing the total backlog to $7.8 billion, but it has also decided to retire the Leiv Eiriksson.
Uniper and the Port of Rotterdam Authority are investigating the possibilities of large-scale production of green hydrogen at the Maasvlakte area in Rotterdam. The plan is to realize a hydrogen plant on Uniper’s site by 2025 that would have a capacity of 100 MW and to expand this capacity to 500 MW.
James Fisher Offshore (JFO) has divided its UK team into specialised divisions to meet the requirements of its two key markets: the decommissioning sector and the life of field industry. According to the company, this approach enables customers to work with a dedicated team that focuses solely on th
