Centrica boss ‘worried’ about low gas storage reserves
Christopher O’Shea, chief executive of British Gas owner Centrica, has said he is “worried” about low gas reserves this winter.
Europe
European Oil and Gas news
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.
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
Campaigners to hear high court ruling in anti-fracking challenge
Campaigners learn today whether they have won a legal challenge against one of the first planning applications to carry out fracking in England.
EPI Group acquires UK-based PDF, keeps all staff
EPI Group has acquired UK-based PDF Limited.
Prospex kick-starts drilling campaign
Prospex Oil and Gas has kick-started its onshore drilling campaign in Poland.
Norway cheers OPEC’s global oil-cuts deal from the sidelines
Norway gave public backing to OPEC’s historic deal to cut oil production in tandem with non-members, although Western Europe’s largest producer gave no indication it would reverse its previous refusal to directly collaborate with the group.
Row erupts over ship-to-ship oil transfer
A row has erupted over claims that controversial ship-to-ship oil transfers in the Cromarty Firth are essential to help pay for a £25million cruise ship berth and reception area.
UKOG quadruples Kimmeridge oil estimate, says new “flagship” to sit alongside Horse Hill
A new study has quadrupled UK Oil and Gas' Kimmeridge reserves estimate, it was today confirmed.
Norway government crisis averted as budget deal is secured
Norway’s minority government reached a budget deal with its two support parties, bringing an end to a political crisis that risked culminating in a confidence vote at a debate in parliament on Monday.
Prospex shares jump ahead of Poland well drilling
Shares in AIM-listed Prospex Oil and Gas skyrocketed today after the firm was given permission to drill a well onshore Poland.
Norway to investigate oil safety after string of incidents
The Norwegian government confirmed it would appoint a public commission to examine safety in the oil and gas sector.
Shell to start feeling Norway heat on Ormen Lange gas project
Norway expects Royal Dutch Shell Plc to go forward with a shelved project to boost recovery of natural gas at the Ormen Lange field and warned it will start pushing the company for progress from next year.
France, UK seen as trouble spots for power supply this winter
France and the U.K. are the two nations in Europe most at risk of power shortages this winter, particularly if there is a cold snap in early December or January.
Ireland extends Providence Resources’ Kish Bank licence
The Irish government has given oil explorer Providence Resources an extension on its Kish Bank Basin licence off the east coast.
Gulf Marine Services secures new contract for vessel
Gulf Marine Services (GMS) said today that an unspecified company had agreed to charter one of its vessels in Europe.
SNC-Lavalin roped in to help shape carbon capture in UK
SNC-Lavalin has been appointed to an Energy Technologies Institute (ETI) project to develop a generic business case to take carbon capture and storage (CCS) forward in the UK.
Norwegian production falls nearly 20%
Norwegian production fell nearly 20% in September, according to new Norwegian Petroleum Directorate (NPD) figures.
Statoil makes duo of oil discoveries
Statoil has made two oil discoveries in the Norwegian Sea, the Norwegian Petroleum Directorate (NPD) confirmed today.
Planning application submitted for Horse Hill-1 discovery near Gatwick Airport
Horse Hill Developments has submitted a planning application for its onshore discovery near Gatwick Airport.
Norway raids more of massive wealth fund to support recovery
Norway is ratcheting up withdrawals from its $890 billion sovereign wealth fund to support a recovery as it foresees a continued slump for the nation’s petroleum industry.
Norway to spend more than one billion on building CCS portfolio
Norway is poised to spend more than NOK1billion on building its carbon capture and storage portfolio, according to the Norwegian government.
Company steps in to help oil apprentices made redundant months before qualifying
Pharos Marine Sims Systems stepped in to help two oil and gas apprentices, who were made redundant months before they were due to qualify.
Norway stimulus seen fading as economy survives oil calamity
The Norwegian government is seen rolling back some its massive fiscal stimulus amid signs the economy of western Europe’s largest oil producer is on the mend.
Europa Oil & Gas divvies-up shale licence after £1 acquisition
Europa Oil & Gas has divided a shale stake after acquiring Shake Petroleum UK for a nominal consideration of £1.
DEA submits NOK10bn development plan for Dvalin
DEA Norge has submitted its NOK10billion development plan for the Dvalin discovery to the Norwegian Petroleum Directorate.
Aker wins NOK900m deal
Aker Solutions has won a NOK900million deal with DEA Norge.
Norway faces mediation to avert strike curbing UK gas supply
Mediation to avert a wage strike that could shut down three Norwegian onshore oil and gas plants, including Royal Dutch Shell Plc’s Nyhamna facility that processes about 20 percent of the U.K.’s gas supply, will start on Thursday.