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UK Oil Firm Faces Scrutiny, Penalty over Failure to Shoot Seismic Survey

Mar 21, 2023

The UK offshore oil and gas regulator North Sea Transition Authority (NSTA) is investigating an unnamed oil company for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security.The North Sea Transition Authority (NSTA) said it was focused on supporting the UK’s security of supply, including through the ongoing 33rd Licensing Round, which attracted 115 bids from 76 companies…

France's RTE Taps Fugro for Geotechnical Survey for Offshore Wind Substations in Mediterranean Sea

Apr 13, 2023

French transmission grid operator Réseau de Transport d’Electricité (RTE) has awarded Fugro a contract to perform a geotechnical investigation for future offshore substations (OSS) at two floating wind farm sites in the Gulf of Lion in the Mediterranean Sea…

Petroecuador Names Ramon Correa as New General Manager

Apr 12, 2023

The board of directors of Ecuador's state-owned oil company Petroecuador on Tuesday named Ramon Correa, an engineer, as general manager following recent management changes in the wake of a corruption investigation.Correa replaces Maria Elisa Soledispa…

Russia Fails at UN to Get Nord Stream Blast Inquiry

Mar 28, 2023

Russia failed on Monday to get the U.N. Security Council to ask for an independent inquiry into explosions in September on the Nord Stream gas pipelines connecting Russia and Germany that spewed gas into the Baltic Sea. Only Russia, China and Brazil voted in favor of the Russian-drafted text…

Venezuela president names PDVSA head Tellechea as new oil minister

Mar 22, 2023

Venezuelan President Nicolas Maduro on Tuesday named the head of state oil company PDVSA, Pedro Rafael Tellechea, as the new oil minister, a day after his predecessor resigned amid an extensive corruption investigation focused on the company…

Germany Raids Suspected Ship in Nord Stream Pipeline Blast Probe

Mar 08, 2023

Western allies on Wednesday warned against reaching premature conclusions on who was responsible for blowing up the Nord Stream pipelines, with Germany suggesting the attack could also have been a 'false flag' operation to blame Ukraine.A New York Times report…

Kremlin Says Nord Stream Attack Reports are 'Coordinated', Demands Open Investigation

Mar 08, 2023

Western media reports on the blowing-up of the Nord Stream gas pipelines are a coordinated bid to divert attention, and Russia is perplexed that U.S. officials can assume anything about the attacks without an investigation, the Kremlin said on Wednesday…

Offshore Wind: Fugro Wins Geotechnical Survey Gig in Denmark

Nov 16, 2022

Dutch offshore survey services firm Fugro has secured a contract with the Danish grid operator Energinet for geotechnical site investigations for the North Sea I offshore wind development.The Danish government plans to expand offshore wind capacity by 4GW by 2030…

Sweden to Further Investigate Nord Stream Pipeline Damage

Oct 28, 2022

Sweden has ordered additional investigations to be carried out of the damage done last month to the two Nord Stream pipelines, the prosecutor in charge of the case said in a statement on Friday. Sweden and Denmark have both concluded that four leaks on Nord Stream 1 and 2 were caused by explosions…

Russia Needs Permission for Its Ships to Inspect Nord Stream Damage - Novak

Oct 14, 2022

Russia needs permission for its vessels to conduct investigations into explosions that damaged Nord Stream pipelines in the Baltic Sea, Deputy Prime Minister Alexander Novak said on Friday. He did not specify who should grant the permission…

Nord Stream Probe Finds Evidence of Detonations, Swedish Police Say

Oct 07, 2022

A crime scene investigation of the Nord Stream 1 and 2 gas pipelines from Russia to Europe found evidence of detonations, strengthening suspicions of 'gross sabotage', Sweden's Security Service said on Thursday. Swedish and Danish authorities have been investigating four leaks after the pipelines…

'Unthinkable' That Russia Will be Excluded from Nord Stream Probe, Foreign Ministry Says

Oct 06, 2022

Russia's foreign ministry said on Thursday it was 'unthinkable' that an investigation into ruptures on the Nord Stream 1 and 2 gas pipelines would proceed without Russia's participation.Foreign Ministry Spokeswoman Maria Zakharova said the West…

Norway: Offshore Safety Body Investigating Gas Leak at Statfjord B Platform

May 26, 2022

The Petroleum Safety Authority Norway (PSA), the Norwegian offshore oil and gas safety watchdog, has launched an investigation into an incident involving a gas leak on Equinor-operated Statfjord B platform in the North Sea, off Norway. According to the PSA…

Incident with Gas Cooler Cracks on Equinor's Troll C Platform Could've Caused a Major Gas Leak, PSA Says

May 16, 2022

An investigation by the Norwegian offshore oil and gas industry safety regulator into an incident involving the discovery of cracks in the outer shell of second-stage gas coolers on Equinor's Troll C offshore platform in Norway in October 2021…

Maersk Drilling, Noble Corp. Merger Raises Competition Concerns in UK

Apr 22, 2022

The proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling has raised competition concerns in the UK as the UK Competition and Markets Authority (CMA) has found that the merger could increase operating costs for oil and gas producers in the UK North Sea…

Current News

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Russia's Seaborne Oil Product Exports Fell in March

Russia's Seaborne Oil Product Exports Fell in March

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

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