Aker Solutions lands £67m contract to modify North Sea gas platform
Aker Solutions has bagged a contract worth around NOK 800 million (£67m) to carry out modifications on a North Sea gas platform.
Equinor
One in three success rate for Norwegian explorers so far in 2021
Westwood Global Energy reports that there were five exploration well programmes active on the Norwegian Continental Shelf as of February 24. A total of three exploration wells have completed to date in 2021, from which one commercial discovery was made with total resources of c. 57 mmboe, giving a 33% commercial success rate.
Equinor’s Mariner helideck certified following first virtual inspection
Equinor and the Helideck Certification Agency (HCA) have completed the first virtual offshore helideck inspection - a first on the UKCS and in the company.
Virtual Tech Showcase: Digital collaboration takes centre stage as Energy Voice event gets underway
A rallying cry for improved digital collaboration was issued to North Sea oil and gas firms during the opening session of Energy Voice’s Virtual Tech Showcase.
Big oil eyes South Korean offshore wind
News that South Korea aims to build the world’s largest offshore wind farm by 2030 follows moves by major exploration and production companies to establish a foothold in the nascent market.
Aker Solutions bags major deal to electrify Equinor platforms
Norwegian energy service firm Aker Solutions will prepare the topsides of Equinor's Troll B and C platforms off Norway to receive electricity from shore via cable.
UK offshore market expecting rebound ‘over the next 24 months’ – Westwood
The next 24 months will see a “rebound” in work for the UK North Sea, according to Westwood Global, with a clutch of offshore projects for contractors to keep an eye on.
Equinor given nod to partially electrify North Sea field
Equinor has been granted permission to partially electrify one of its North Sea gas fields.
Equinor to sell Bakken assets for $900m, slides to losses of $4.2bn in 2020
Equinor has reached a deal to sell its stakes in the Bakken field, onshore US, to Grayson Mill Energy, backed by EnCap Investments, for $900 million.
BP and partner paying £900m for entry into UK offshore wind market
BP has entered the UK offshore wind market with leases for a combined three-gigawatts of projects in the Irish Sea.
Equinor says it wins Nigeria case over Agbami oil profits
Equinor ASA said the Nigerian Supreme Court overturned a ruling that had threatened to divert 1.5% of the company’s profits from one of the country’s largest oil fields to a former consultant.
Equinor senior vice-president named co-chairman of OGUK board
Oil and Gas UK (OGUK) has announced the appointment of a new co-chairman, as the industry’s focus on recovery and transition intensifies.
Electrification could have role to play in UKCS net zero future
With pressure from net-zero obligations now mounting, coupled with a growing awareness that it has a valuable energy transition role to play, the North Sea oil and gas industry would at last appear to be taking electrification of UKCS infrastructure seriously.
2020 results show BP in energy transition conundrum, analysts say
Oil giant BP’s quest to transition away from fossil fuels and become a net-zero emitter by 2050 has left it caught in a “conundrum”, analysts said yesterday.
BP sinks to losses of £18bn in 2020 as Covid and crude price crash take toll
BP fell to pre-tax losses of £18 billion in 2020 as the energy giant’s balance sheet creaked under the weight of lower oil and gas prices.
Will COP26 provide inspiration and trigger ambition?
The United Nations climate change conference which is to be held in Glasgow in November should be a source of inspiration and an opportunity for Scottish industry to showcase its Net Zero manufacturing supply chain.
‘We are not where we need to be’ – Equinor CEO pledges to improve safety after several ‘serious incidents’ in 2020
Equinor’s chief executive has vowed to toughen safety measures after the firm experienced “several serious incidents” throughout 2020.
‘Serious intent’ to get major west of Shetland oil projects to net zero – Orion
West of Shetland operators are working with “serious intent” to get huge new oil projects “to a net zero outcome”, according to the head of a major clean energy scheme on the islands.
Showcasing game-changing energy technologies
The rapid transition under way in energy means that now more than ever the sector must grasp the opportunities presented by technology.
Equinor and Shell targets among trio of UK ‘wells to watch’ in 2021
High-impact targets from Equinor and Shell have been named among the “wells to watch” for the UK North Sea in 2021 by Westwood Energy.
Equinor takes multi-million write down on Tanzania LNG
Equinor has taken a write down of the value of its Tanzania LNG project, wiping $982 million off its books.
SEC’s sympathy with Big Oil will test Biden Administration’s climate credibility
Now that Biden has committed to shifting from fossil fuels, the incoming chairman of the Securities and Exchange Commission, Gary Gensler, must decide whether Big Oil are exempt from basic principles of shareholder democracy.
Subsea 7 wins £40million contract for Equinor Northern Lights CCS
Subsea 7 has won a pipeline contract for the Equinor Northern Lights CCS project in Norway.
Safety watchdog launches investigation after North Sea worker hit on head by crane hook
An oil and gas worker had to be airlifted off a North Sea platform earlier this month after they were struck on the head by a crane hook.
Positive end to the year for city’s office market
New research by global commercial property adviser CBRE has revealed a positive end to 2020 for the Aberdeen office market.