A specialist engineering company has invested more than £700,000 to develop tools which provide greener, faster and safer solutions for decommissioning in the energy sector. Decom Engineering’s latest R&D investment has updated their Pipe Coating Removal (PCR) equipment, which cleans decommissioned or surplus pipelines…
The Danish Energy Agency (DEA) has put on hold the tender for the Hesselø wind farm offshore eastern Denmark, pending further analysis of results from a preliminary site investigation. Soft clay formations have come to light, notably in the upper 20-30-metre (65.6-98.4-foot) portion below…
The European Bank for Reconstruction and Development (EBRD) has confirmed its intention to expand its operations into Iraq. It concluded its 30th Annual Meeting this week with decisions on the Bank’s future work on the green transition and towards expanding its activities. The…
Energy inflation is gathering pace in Europe, with the price of everything from gas to electricity surging to records, fuelling concerns about costs to consumers as the world emerges from the global pandemic. European natural gas and power prices climbed to an all-time high…
Norway’s Equinor and licensees in Troll Nord have secured regulatory consent to start-up facilities and modifications associated with the Troll phase 3 project in the North Sea off Norway with the start-up scheduled for autumn. The PDO for Troll phase 3 was approved in…
Chevron Australia has reached final investment decision (FID) on a US$4-billion project to add compression to maintain gas flow from Jansz-Io fields in the Carnarvon basin off Western Australia. Describing the development as a modification of the existing Gorgon development, Chevron said compression work…
Vestas and Iberdrola have finalised the turbine supply contract for the Baltic Eagle project being developed off the island of Rügen, in German waters of the Baltic Sea. will deliver V174-9.5 MW turbines to the 476 MW Baltic Eagle project, which will span a…
Both chambers of Nigeria’s parliament have passed a bill which overhauls nearly every aspect of the country’s oil and gas production, putting a project which has been in the works for two decades one step closer to presidential sign-off. Legislators have been hashing out…
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020. Rystad Energy expects FPSO awards to reach a total of ten units in 2021, with another ten following next year, creating…
Electromagnetic Geoservices ASA has secured an additional US$1.2 million in prefunding for the upcoming Utsira High North Sea multi-client survey. The company has also secured US$0.8 million in late sales related to the North Sea multi-client data library. Source: Offshore Magazine
