5800 results found for 'cosl statoil'

5800 results found for 'cosl statoil'
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  • Spirit Energy books AG on multi-year North Sea gig

    18 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Spirit Energy, an energy company with two shareholders consisting of Centrica (69%) and Stadtwerke München GmbH SWM (31%), has hired AG Consultancy and Apps (AG), an independent SAP consultancy, on a long-term assignment to support its assets in the North Sea. 

  • North Sea topside decom ops benefit from integrated load-ins

    20 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Vessels

    Netherlands-based heavy lifting and transport provider Mammoet has streamlined two topside decommissioning projects in the North Sea by employing combined planning to curb costs and delivery time.

  • SBM Offshore interview: Advancing future-ready FPSOs through standardization, robotics, AI and lower‑carbon solutions

    20 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    While diving into the evolution journey of its offshore operations model and the implementation of its Fast4ward program, the Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has shed light on the key growth drivers it is employing to pave the way for its floating production, storage, and offloading (FPSO) units to be ready to operate in a rapidly evolving energy landscape.

  • August bid date opening path to 80 million acres in third Gulf of America oil & gas lease sale

    7 July 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has unveiled a final notice for the third offshore lease sale out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act.  

  • Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

    14 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions added to the country’s coffers in 2026 compared to last year.

  • Sintana expands Walvis Basin exposure ahead of potential 2027 exploration wave in Namibia

    21 August 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Canada-headquartered oil and natural gas exploration player Sintana Energy has taken steps to position itself for the next phase of Namibia’s offshore oil story by acquiring a stake in Maravilla Oil and Gas, a privately held Namibian company focused on high-impact opportunities in West Africa, which enables it to secure an indirect interest in petroleum exploration license 37 (PEL 37) ahead of potentially significant exploration activity across the Walvis Basin.

  • How smarter video security protects offshore energy assets

    20 April 2026
    Equipment, IT & Software, Research & Development, Safety, Technology

    Offshore energy assets are a highly vulnerable feature for any power or production business. Security and safety leaders don’t need to have to watch the news from the Middle East or Black Sea to understand their vulnerability. Even in the quieter parts of the world, protestors, nature itself through rogue waves or climate change effects, […]

  • Real-time ocean data exists. It’s about time the industry uses it.

    3 September 2026
    Operations & Maintenance, Technology

    Offshore operations bring together vessel crews, client representatives, contractors, and project teams. Nobody ever disagrees on the goal of the project. The disagreement happens the moment the question shifts from “what needs to be done?” to “is it safe to do it now?”

  • US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale

    13 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has held the second out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act, gathering $46.9 million in high bids from multiple players, including BP, Chevron, Shell, LLOG, Walter Oil & Gas Corporation, Woodside Energy, Anadarko, Houston Energy, Red Willow Offshore, Navitas Petroleum, and CL&F Offshore.

  • Former UK Trade Commissioner takes newly created Deputy CEO role at JDR

    3 March 2026
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy, Vision

    UK-based manufacturer of subsea and power cables JDR Cable Systems, part of TFKable Group, has appointed former UK Trade Commissioner Jonathan Knott CMG to the newly created role of Deputy Chief Executive Officer (CEO). JDR said that the role had been newly created to support the company’s accelerated international expansion and operational scaling to support growing […]

  • EIB and Greek TSO agree on €1.9B financing for Dodecanese interconnection

    12 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The European Investment Bank (EIB) and Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO) have signed a deal for €1.9 billion financing for the development of an interconnector that will eliminate the electrical isolation of the islands of Kos, Rhodes and Karpathos. The deal was signed on February 5 and will see the […]

  • Australian Energy Regulator’s final decision says consumers are better off with Marinus Link

    9 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Vision

    The Australian Energy Regulator (AER) has confirmed that consumers will be better off with investment in the Marinus Link interconnector in its final decision on the project’s construction cost. The AER is responsible for ensuring energy consumers have access to a reliable and secure market and that they do not pay more than necessary for energy, which […]

  • 15,066 blocks up for grabs in next US offshore oil & gas lease sale

    4 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales.  

  • Saudi ACWA Power seals 27 deals for green hydrogen and other technologies

    3 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Storage, Technology, Transition, Vision

    ACWA Power, a Saudi Arabian developer, investor and operator of power generation, water desalination, and green hydrogen plants, has signed 27 memorandums of understanding (MoUs) at a recent three-day event to advance green hydrogen, desalination technologies, energy storage systems, and industrial AI. Held under the patronage of Saudi Arabia’s Ministry of Energy in Riyadh, Innovation […]

  • Hamburg Declaration: North Sea countries target 100 GW of cross-border offshore wind, boost to green hydrogen

    26 January 2026
    Authorities & Government, Regulation & Policy

    Energy ministers from nine North Sea countries signed the ‘Hamburg Declaration’ at the North Sea Summit in Hamburg on January 26, agreeing to work towards up to 100 GW of cross-border offshore wind capacity in the North Seas by 2050, while also advancing offshore renewable hydrogen as part of a more integrated regional energy system. […]

  • Designing the future of energy terminals: Where safety meets innovation

    2 February 2026
    Business Developments & Projects, Equipment, Innovation, Rules & Regulation, Technology, Transition, Vessels

    Written by Ron Heffron The maritime energy sector stands at a critical juncture as clean alternative fuels reshape terminal design requirements. Advanced engineering solutions for floating terminals and specialized mooring systems are enabling the safe handling of challenging cargoes like ammonia and liquefied CO₂, while new industry guidelines provide essential frameworks for this evolving landscape. […]

  • Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

    23 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, with Malaysia and Southeast Asia at the heart of the firm’s growth quest.

  • COSL, Statoil settle dispute

    17 June 2014

    China Oilfield Services Limited (COSL) announced that it has reached a settlement agreement with Statoil concerning a dispute related to stand-by fees of operating offshore drilling rigs. More specifically, the dispute was between COSL Offshore Management AS (“COM”), a Norway-based subsidiary of COSL and Statoil Petroleum AS, a subsidiary of Statoil, regarding stand-by fees of two […]

  • Ireland-Wales interconnector officially marked as priority energy infrastructure project

    29 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Certification & Classification, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    MaresConnect, a 750 MW electricity interconnector that will link Ireland and Wales, has been included in the EU’s second list of Projects of Common/Mutual Interest (PCI/PMI), confirming its status as a priority energy infrastructure project. According to developer MaresConnect Limited, owned by Foresight Energy Infrastructure Partners (FEIP) and Etchea Energy Nominees Limited (EENL), this designation […]

  • Investment shift from low carbon toward upstream to continue in 2026

    2 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    After the portfolio recalibrations and restructuring marked the oil and gas industry’s landscape in 2025, Wood Mackenzie, an energy intelligence group, has outlined that the trend will continue in 2026, with oil and gas corporates expected to face “an even tougher strategic balancing act” this year.

  • Another multi-year LNG offtake deal in JERA’s hands

    19 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Japan’s power generation major JERA has won a long-term liquefied natural gas (LNG) supply agreement with Hokkaido Gas, said to be a key regional energy provider.

  • Statoil cancels ‘COSL Pioneer’ contract

    24 June 2015

    Norway’s Statoil has decided to cancel the contract with COSL Pioneer some 13 months before the expiry date of August 2016. COSL Pioneer has been suspended since October 8, 2014 and Statoil has not managed to find alternative activity for the rig during the intervening period. “We regret the need to have to cancel this […]

  • COSL Pioneer to Drill for Statoil at Visund Nord

    11 August 2014
    Business & Finance, Equipment, Project & Tenders

    Statoil Petroleum AS has received consent to use the COSL Pioneer semi-submersible drilling rig for drilling and completion of wells 34/8-C-2 H and 34/8-C-2 AH at Visund Nord. The activity is scheduled to begin in August, with a duration of around 120 days. Visund is an oil field located east of the Snorre field in […]

  • COSL sues Statoil over rig contract termination

    14 December 2016
    Exploration & Production

    China Oilfield Services Limited (COSL) is suing Statoil after the oil company terminated a contract for the COSLInnovator semi-sub following a fatal accident on board the rig almost a year ago. Statoil terminated the drilling contract with COSL for the semi-submersible drilling rig COSLInnovator in March 2016. In December last year, while working on the […]

  • Statoil cancels one, suspends another COSL rig

    7 March 2016
    Exploration & Production

    Norwegian oil company Statoil has terminated a contract for one COSL rig and suspended another one.  Statoil has on behalf of the Troll licence, located in the North Sea offshore Norway, decided to use its contractual right to terminate the contract with COSL Offshore Management for the chartering of the rig COSLInnovator. This semi-submersible drilling […]