
Norway’s oil and gas player Vår Energi is setting the stage to spud the next well on its list off the coast of Norway after drilling its second well in the North Sea with one of COSL Drilling Europe’s semi-submersible rigs.

Italy-headquartered Next Geosolutions (NextGeo) has completed the acquisition of 75.4% of the share capital of RANA Subsea, a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of service