Well-Safe Solutions has awarded Trendsetter Engineering a contract to use the company’s Trident intervention system and technical services in support of a North Sea well decommissioning campaign.
Equinor (OSLO:EQNR) and its Rosebank partners expect to spend around £80 million on modifications to the Knarr FPSO which will ready the vessel to run on low-carbon power.
Reach Subsea’s Olympic Challenger vessel will arrive in Aberdeen next month ahead of a multi-operator well decommissioning campaign thought to be one of the largest in a decade.
The UK is about to receive liquefied natural gas from far-off Australia for the first time in at least six years, highlighting the European region’s desperation in grappling with its worst energy crisis in decades.
Nicola Sturgeon is to convene a summit between energy supply companies and consumer groups later in August to discuss what support can be offered to those struggling to pay soaring bills.
The UK’s offshore energy trade body has warned that further changes to “windfall” taxes on the oil and gas sector would reduce energy security and increase consumer costs.
Flights to and from a host of UK and international destinations were cancelled or diverted this morning, though helicopter services appear to have been unaffected.
German households face additional annual costs of about 500 euros ($510) to pay for natural gas as the government spreads the burden of Russia’s squeeze on energy flows to Europe.
Dales Marine Services is taking on new staff and apprentices across its sites at Aberdeen, Greenock and Leith, as it eyes further growth in the coming year.
Greenpeace said its position on the controversial Cambo field “hasn’t changed” and that it still intends to pursue legal action if development goes ahead, as partner Shell looks to offload its stakes in the project.
Trade body Offshore Energies UK (OEUK) has launched new guidelines to help oil and gas firms reduce methane emissions from the production of oil and gas.
European majors are well placed to take advantage of a $1 trillion investment boom in offshore wind, as analysis suggests projects can return 25% higher operating margins than new oil and gas fields.
Danish energy developer Ørsted (ORSTED.CO) reported pre-tax profits of 893 million DKK (£101m) for the second quarter, as delays to key projects and “ineffective” hedging offset a rise in revenue.
Subsea 7 (SUBC.OL) and Aker Solutions (AKSO.OL) have clinched subsea and engineering contracts for Aker BP’s Trell and Trine development, plans for which the operator submitted to regulators earlier this week.
Orkney Islands Council (OIC) has written to the Scottish Government to press its case for a decision on the Faray onshore wind farm, warning that a vital interconnector to the mainland cannot happen without it.
Aker BP has submitted plans for its Trell and Trine development with Norwegian regulators, with a view to boosting reserves at the wider Alvheim area above 750 million barrels.
Perenco has been issued with a notice to improve after Health and Safety Executive (HSE) inspectors found more than 400 overdue repairs orders, over 200 of which were safety and safety-critical items.
Danish offshore wind developer Ørsted (ORSTED.CO) expects all its suppliers to move to 100% renewable electricity by 2025 at the latest, in a bid to set a “new gold standard” for the energy sector.