Equinor is already an offshore wind major. Now the company will explore the opportunities within offshore solar power. Together with Moss Maritime the company wants to start testing off the island of Frøya. “If we succeed here, we can succeed anywhere,” said Hanne Wigum….
E&P activity on the Norwegian shelf last year delivered 14 discoveries and four new fields went onstream, according to the Norwegian Petroleum Directorate (NPD). “While 2020 has been an unusual year in many ways with the pandemic and the decline in oil prices, investments…
Nord Stream 2 AG plans to complete major construction work on one of two branches of the controversial Russian gas link in the first half of 2021, despite US sanctions which have threatened its completion for over a year. The section of pipe could…
Floating Power Plant (FPP) and partners Lundin Energy Norway, NOV-APL, Semco Maritime, Cefront Technologies and Aalborg University have completed a project aimed at using floating wind and wave power to support an offshore oil and gas facility. According to FPP, the project shows that…
Tulip Oil Holding BV is evaluating rig availability for drilling two discovered gas fields near the producing Q10-A field offshore the Netherlands. The targeted reservoirs have previously produced gas and have field development plans that follow the same approach as development and appraisal of Q10-A…
Equinor and YPF have entered into an agreement with Shell to jointly farm-down 30% non-operated interests in the CAN 100 block in the North Argentinian basin, offshore Argentina. In October 2019, Equinor farmed-in to the YPF CAN 100 block and agreed to take over…
To reach the Paris Agreement goals, the world will need vast amounts of green hydrogen and wind will provide a large portion of the power needed for its production. Siemens Gamesa and Siemens Energy have announced that they are joining forces combining their ongoing…
Two Articles on Nord Stream US Warns of Sanctions on European Firms and Insurers Over Russia’s Nord Stream 12 January 2021 The US State Department has told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face…
South Korea has asked Qatar for “maximum support” to secure the release of an oil tanker seized by Iran this month. Deputy Foreign Minister Choi Jong-Kun made the appeal during a visit to Doha, the Qatari capital. He met Foreign Minister Mohammed Bin Abdulrahman Al Thani,…
Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, located in Block 58 off the coast of Suriname. This latest discovery follows previous discoveries at Maka Central, Sapakara West, and Kwaskwasi announced in January, April,…
