Fugro has completed a positioning support contract for Bourbon Subsea Services to help install the three units of the WindFloat Atlantic semi-submersible floating wind farm. Located 20 kilometres from Viana do Castelo on the west […]
Classification Society ClassNK is launching a new service titled “Innovation Endorsement” for certifying innovative technology. In February 2020, the Society announced the “ClassNK Digital Grand Design 2030”, which outlines its future vision for the digital […]
Siemens Energy has been selected to provide centrifugal compressor systems for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project. The plant includes a gas injection facility with a capacity of 1,500 million standard cubic […]
The impact to the oil and gas industry we are seeing from the COVID-19 crisis, and the continuing low oil price, has been considerable. One thing we can be sure of as we start to […]
Equinor has agreed to sell a 40.8125% interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest. The initial consideration is GBP 2.2 million, payable as a […]
The Norwegian Petroleum Directorate (NPD) reports that Equinor Energy AS, operator of production licence 532, has concluded the drilling of wildcat well 7219/9-3. The well was drilled about 25 kilometres south of the Johan Castberg […]
US presidential contender Joe Biden’s Clean Energy Plan aims to achieve “net-zero” greenhouse gas emissions by 2050, a feat he proposes to bring to reality through the investment of USD 2 trillion across a multitude […]
Despite the decline of spot gas and LNG prices and the impact of COVID-19 pandemic, Qatar has had a “remarkable” run in the first half of 2020, an expert from S&P Global Platts – a […]
Siemens Gamesa Renewable Energy (SGRE) has announced three key appointments to its leadership team, with Beatriz Puente joining as Chief Financial Officer, while Lars Bondo Krogsgaard and Juan Gutiérrez are appointed as CEOs of the […]
Production efficiency on the UK Continental Shelf (UKCS) has improved for the seventh consecutive year and for 2019 reached 80%, 3 years ahead of the 2022 target. The UK’s Oil and Gas Authority (OGA) has […]
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