The company aims to increase production capacity from the current output of nearly 90,000 barrels of oil equivalent per day (boepd) to more than 500,000boepd by 2033. Norwegian oil giant Equinor is planning to boost oil production […]
Norwegian energy major Equinor has decided to postpone further development of the Trollvind offshore wind initiative indefinitely. Equinor said that the decision was based on several challenges facing the project, including technology availability, rising cost, […]
Russia has called a visit by the world’s biggest warship, the USS Gerald R Ford aircraft carrier, to Oslo in Norway an “illogical and harmful” show of force at a time of heightened tensions. In […]
(Bloomberg) – Norway’s biggest oil and gas companies are reviving exploration plans in Arctic waters, as the government agitates for fresh discoveries in the Barents Sea to secure the country’s future as a key energy […]
A cargo ship arrived in Emden, Germany with a massive hole in its hull after reportedly striking a wind farm. According to the German water police, the damaged vessel arrived from Szczecin, Poland to Emden […]
Buoyed by high prices and rising energy demand, offshore operators and international oil companies are advancing plans for field development projects, and 2023 looks to be a busy year for offshore construction projects. With that […]
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, […]
OSLO, April 13 (Reuters) – Norway’s parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe’s largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 […]
As demand increases, and companies rethink how fast they might want to transition beyond oil and gas, the offshore is having a moment. Driving the move is the age-old question of access to resources. The […]
BW Energy said Monday it had fulfilled the first oil delivery from the Hibiscus/Ruche field, in the first phase of the project offshore Gabon. “Production performance from the first well has been in line with […]
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