Western Europe
News
February 16, 2022
Increasing energy demand and a surge in North Sea exploration activity has increased the appetite for OCTG in the North Sea market, particularly in Norway, after a slowdown during the pandemic.
News
February 15, 2022
The upstream sector is forecasted to dominate the upcoming projects count in the UK during the next four years, accounting for more than 70% of the total projects starts.
News
February 15, 2022
Proserv Controls has secured a contract from DEME Offshore for the provision of the inter-array cable monitoring system for the first two phases of the Dogger Bank Wind Farm, which when complete will be the largest offshore wind farm.
News
February 15, 2022
Neptune Energy and RWE announced the signing of a Joint Development Agreement to develop the offshore green hydrogen project "H2opZee" ahead of 2030.
News
February 10, 2022
TotalEnergies SE promised to increase its dividend and buy back more shares after posting a record fourth-quarter profit.
News
February 09, 2022
Several oil and gas field developments awaiting regulatory approval have already been factored into the U.K.’s long-term plans for carbon neutrality.
News
February 07, 2022
A review conducted by the OGUK shows strong progress from the North Sea Transition Deal just ten months after its agreement.
News
February 07, 2022
The Sparrows Group announces a contract with Serica Energy North Sea for crane operations and maintenance services.
News
January 28, 2022
The Northern Lights joint venture between Equinor, Shell, and TotalEnergies will use the DELFI environment to optimize performance in carbon transport and storage.
News
January 27, 2022
With good operational performance since the field came on stream in June and high oil and gas prices, the investments in the field are expected to be recovered in full during 2022.
News
January 21, 2022
The bank expects stockpiles to slide even lower by the end of the year, after falling substantially in 2021, according to a research note to clients. Spare supply capacity will shrink to 2 million barrels a day from the current 3.4 million.
News
January 17, 2022
Scotland awarded rights for a massive offshore wind development more than twice the size of the UK’s current capacity, in a move that surprised the market for its scale and was welcomed by environmentalists.
News
January 17, 2022
Brent oil traded near the highest intraday level since 2014 as the market tightened and concerns about the impact of omicron eased.
News
January 11, 2022
CGG announced phase three of its dual-azimuth multi-client 3D survey in the Northern North Sea. Initial data from the phase three acquisition are expected to be available in early 2023, and final processed data in early 2024.
News
January 12, 2022
Equinor ASA will make a $1.8 billion impairment on its Mariner field after slashing reserve estimates for the U.K. North Sea oil deposit.
News
December 21, 2021
Aker BP ASA agreed to buy the oil and gas business of Lundin Energy AB in a $10 billion deal that creates the second-largest producer on the Norwegian Continental Shelf.
News
December 21, 2021
“Having the right data available at the right time and in the right format can have a huge impact for the future of the Norwegian shelf,” says May Karin Mannes, the Norwegian Petroleum Directorate's Director for shelf analyses and data management.
News
December 20, 2021
The UK proposed a series of climate change tests to determine whether new oil and gas fields can be built off its shores, but said its net-zero pledge doesn’t require the industry to be shut down.
News
December 20, 2021
Wood has further strengthened its position as the leading partner for operations solutions in the UK North Sea following a series of contract awards with key clients in the fourth quarter of 2021, including Shell UK and Dana Petroleum.
News
December 20, 2021
Cognite announced a collaboration with Equinor to expand data capabilities and support the company’s digital ambitions.
