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Business Developments & Projects

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Business Developments & Projects

One quarter of global floating rig fleet could face scrapping as Covid-19 bites, Rystad says

An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.

about 6 years ago

Business Developments & Projects

Wintershall Dea in last phase of Nova project as drilling operations start

Oil and gas company Wintershall Dea has started drilling the first of six wells on the operated Nova field in the Norwegian North Sea.

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about 6 years ago

Business Developments & Projects

THREE60 ENERGY takes duty holder role at DNO’s UK assets

THREE60 ENERGY has won a multi-million-pound contract to deliver Duty Holder services for DNO’s two assets in the UK continental shelf.

about 6 years ago

Business Developments & Projects

EMEC teams up with Isle of Wight tidal scheme

The European Marine Energy Centre (EMEC) in Orkney, Scotland, has joined forces with Perpetuus Tidal Energy Centre (PTEC) to develop a large-scale tidal energy site off the Isle of Wight in England.

about 6 years ago

Business Developments & Projects

Costa Cruises in Italy’s first LNG bunkering operation

Costa Cruises, part of Carnival Corporation has ticked off another milestone with its first LNG-powered liner, Costa Smeralda.

about 6 years ago

Business Developments & Projects

BP books small profit in 3Q

BP on Tuesday reported a small profit for the third quarter of 2020 compared to a huge loss in the prior quarter and a profit in the third quarter of 2019.

about 6 years ago

Business Developments & Projects

ASM Industries starts making Windpark Fryslân tower sections

ASM Industries has begun the fabrication of 42 tower sections for the Siemens Gamesa turbines destined for the Windpark Fryslân offshore wind project. The fabrication activities began in September and will be taking place at ASM Offshore in Aveiro Port during the next months. “This is a very importa

about 6 years ago

Business Developments & Projects

The Role of Oil and Gas Industry in Energy Transition

The oil and gas sector is joining the energy transition, with net-zero pledges from the big oil and gas names already widely familiar. While its move towards the fully green and clean side of things is being done slowly and safely, the industry has encountered a push or two from the circumstances ar

about 6 years ago

Business Developments & Projects

Prosafe gets $13.6 million worth North Sea job from ConocoPhillips

Prosafe has been awarded a contract by ConocoPhillips to provide accommodation support on the Ekofisk field located offshore Norway.

about 6 years ago

Nordic Winter rig illustration - Awilco Drilling

Business Developments & Projects

Awilco bracing for cost-cutting measures following rig order cancellation and delay

Offshore drilling contractor Awilco Drilling is preparing for cost-cutting measures amid a challenging environment in the offshore drilling market.

about 6 years ago

Business Developments & Projects

Offshore safety watchdog finds ‘serious breaches’ on Equinor’s North Sea field

Equinor has received a notification of order from the country’s offshore safety watchdog after an audit found serious breaches on the Grane field.

about 6 years ago

Business Developments & Projects

OLT Offshore granted small-scale LNG ops permit

OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, has been permitted to perform small-scale operations.

about 6 years ago

Business Developments & Projects

Green light to Lundin for North Sea well

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Energy Norway for a well located in the North Sea offshore Norway.

about 6 years ago

Business Developments & Projects

World’s largest SSCV installs one of world’s smallest platforms

The Heerema Marine Contractors-owned Sleipnir, the world’s largest semi-submersible crane vessel, has installed Dana Petroleum’s new P11-Unity platform.

about 6 years ago