Aberdeen’s ASCO wins £70m contract with Aker BP in Norway
Aberdeen-headquartered ASCO has been awarded a £70 million contract by Aker BP for work across its Norwegian operations.
Europe
European Oil and Gas news
Dutch and Norwegians cashing in on wind and cable ship boom
2024 ended on a high at Concordia Damen, with the Dutch shipbuilding group reaching the roughly halfway stage in the design, build and delivery of two 550ft (167.5m) roll–on–roll–off wind turbine systems carriers for fellow Dutch company Amasus, with delivery of the first sister expected later this year (2025).
All Europe Posts
Awards finalists announced as Decom Week goes live
Decom North Sea has released the final programme for its Decom Week event, as it gears up to host the global decommissioning sector for five days of knowledge sharing, debate, and the recognition of sector achievements.
Wilhelmshaven takes centre stage for LNG imports and more
Germany has officially launched construction of an LNG terminal at Wilhelmshaven, while signing up preliminary agreements for four FSRUs.
Russia cut off from UK professional services
The UK Government has blocked access for Russia to Britain’s professional services exports.
EU plans ‘orderly’ Russian oil phase-out, targets Sberbank
The European Union plans to ban Russian crude oil over the next six months and refined fuels by the end of the year as part of a sixth round of sanctions to increase pressure on Vladimir Putin over his invasion of Ukraine.
French ban on US LNG reverses with Engie deal
Engie has signed a 15-year sale and purchase agreement for buy US LNG, reversing France’s implicit ban on shale gas supplies.
China buyers hungry for US LNG as European demand set to surge
Russia’s invasion of Ukraine seems to have jolted China based buyers of liquefied natural gas (LNG) into signing more deals with US-based LNG export developments as global competition for the fuel surges.
An obscure (and underestimated) oil city at the heart of the old Soviet industry…
A ministerial visit that’s long stuck in my mind was to a city called Khanty-Mansiysk far to the north in Siberia. You haven’t heard of it? Well, join a very large club to which I belonged before going there.
Spain defends gas exports to Morocco against Algeria
Spain will export gas to Morocco, it has said, but will ensure these flows do not include Algerian gas.
Gazprom 2021 annual earnings hit record on gas price rally
Russia’s gas giant Gazprom PJSC reported its highest-ever annual income for 2021, when natural gas prices soared during Europe’s worst energy crunch in decades.
Decom awaits as Kishorn Port and Dales Marine added to EU-approved shipbreaking yards
Kishorn Port has been confirmed as an EU-approved site for shipbreaking, paving the way for the site to take on new decommissioning work following a multi-million pound extension of drydock facilities.
UK Government expects to stop importing Russian gas by end of year
The UK Government expects Britain can stop importing Russian natural gas before the end of the year, sooner than expected, a person familiar with the matter said.
BW Offshore denies Indian yard fatality related to scrapping of FPSO
A worker reportedly lost his life while scrapping an FPSO unit, formerly owned by Oslo-listed BW Offshore (OL:BWO), at an Indian beaching yard on 21 April, according to a report from an NGO. However, BW Offshore denied the report, and said Wednesday that the incident “was unrelated to the ongoing recycling of former BW Offshore FPSOs at the yard.”
TotalEnergies starts pullback from Russia with $4bn charge
TotalEnergies took a $4.1 billion write-down on its flagship Russian gas project and indicated that it may belatedly join its peers in pulling back from the country two months after the invasion of Ukraine.
Uniper takes big hit with eyes on gas storage prize
Uniper has warned a “significant earnings decline” for the first quarter as it shifts its strategy to releasing gas later in the year.
Russia to block gas to Poland and Bulgaria until ruble demands met
Russia’s Gazprom PJSC said it has halted gas flows to Poland and Bulgaria and will keep the supplies turned off until the two countries agree to Moscow’s demand to pay for the crucial fuel in rubles.
German minister says full embargo on Russian oil ‘manageable’
Economy Minister Robert Habeck said Germany has already cut its reliance on Russian oil enough to make a full embargo “manageable,” potentially laying the groundwork for a continent-wide ban that would upend the global trade in petroleum.
Wood on track to complete Russia retreat by end of 2022
Energy services giant Wood is on course to complete its exit from Russia by the end of the year.
Ukraine accuses Shell of ‘accounting trick’ to keep buying oil from Russia
The Ukrainian government criticised Shell for setting rules that allow the company to buy oil products partly sourced from Russia.
Saipem 7000 crane vessel could be on course for June return after lifting fault
No “significant structural damage” to the Saipem 7000 has been uncovered after the vessel endured a major lifting malfunction last week.
Hurricane hands in Lancaster decom plan just three years after first oil
Hurricane Energy has submitted a decommissioning plan for the Aoka Mizu floating production storage and offload (FPSO) vessel serving its Lancaster field, less than three years after production began.
Updated: Italy ties up gas plans with Angola, Congo Brazzaville
Italy has secured a deal to increase gas supplies from Angola, following high level talks between Italian Minister of Foreign Affairs Luigi di Maio and Angolan President João Lourenço.
Shell withdraws staff from Russia projects as exit plan begins
Shell started to withdraw staff from its joint ventures with Gazprom PJSC as it moves forward with plans to exit investments in Russia response to the invasion of Ukraine.
Oil gains as week opens on Libyan Disruption, Russia’s Warning
Oil climbed as supplies from Libya were interrupted and Russia warned of the potential for record prices if more nations ban its energy.
EnerMech lands $3 million deals to support majors in Azerbaijan
Aberdeen-headquartered energy services group EnerMech has landed two contracts in Azerbaijan supporting major projects in the Caspian.
UK fuel supplies disrupted by environmental protestors
Low-level disruptions to fuel supply for UK service stations continued Monday as environmental protestors remained locked to energy infrastructure.