Russia halted natural gas supplies to Ukraine after its western neighbor said it wouldn’t buy more this year amid ample supply.
OG21 has received the DNV GL study of technologies that should be developed for year-round oil and gas production at 74 degrees North in the Norwegian Barents Sea.
qedi, Amec Foster Wheeler's completions and commissioning provider, has been awarded a commissioning contract from Apache North Sea for the brownfield modifications on all their North Sea assets.
Production capacity at the Alvheim FPSO will be reduced for about four weeks due to an electric fault in the high voltage drive motor for one of the vessel's gas export compressors, Det norske oljeselskap said Tuesday.
Lundin Norway, a wholly owned subsidiary of Lundin Petroleum, has started drilling exploration well 7130/4-1 on the Ørnen prospect.
The number of Norwegian offshore vessels with nothing to do has gone from zero to 100 in just a year. And the woes are far from over, the industry’s top lobbyist said.
Oil extended its decline as Venezuela predicted prices may drop to as low as the mid-$20s/bbl unless OPEC takes action to stabilize the market.
The cost-cutting campaign among European energy companies is paying off: Investors are buying up their shares even as oil prices drop.
Amec Foster Wheeler is ‘uniquely placed’ for decommissioning work in the North Sea oil and gas industry thanks to its experience in the nuclear sector.
The low oil price and a reduction in newbuilds have driven the integrity of existing assets up the agenda for the oil & gas industry.
UK engineering solutions provider Costain has been instrumental in helping Ithaca Energy save millions, thanks to its sound management of subsea contracts in the operator’s Greater Stella Area (GSA) Development in the central North Sea.
OMV Norway has signed a three-year frame agreement with Aptomar to deliver its integrated field monitoring services for the operator’s future drilling activities.
More than a year after oil prices started their biggest descent since the financial crisis, sellers and buyers of oil and gas assets in Norway are finally starting to see eye to eye.
The cost of dismantling oil production facilities in the UK North Sea over the next decade will be higher than previously forecast as more fields are scheduled to halt production, according to a group representing the British industry.
A Dutch court Wednesday ruled that natural gas extraction from Europe’s largest deposit should be cut by another 18% as local residents sought to stop tremor-inducing production that’s damaging their houses.
Prices, sanctions and environmental politics chill the air
Conductor Installation Services (CIS), an Acteon company that provides hammer services to install conductors and drive piles, has successfully completed its second subsea piling campaign for Technip in Norway.
International project services consultancy, Cambla, heralds its move into the decommissioning sector, having been awarded contracts with two major operators.
BG Group has joined the World Bank Carbon Pricing Leadership Coalition (CPLC), an initiative which brings together over 85 governments, corporate and civil society organizations to collaborate on carbon pricing systems and policies.
Premier Oil has agreed to sell Premier Oil Norge AS, which comprises all of the company's Norwegian assets, to Det norske oljeselskap for a cash consideration of $120 million.