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Business & Finance

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Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

DrillDocs’ AI-driven tech gaining wider fleet adoption across Aker BP’s contracted rigs

Norway’s oil and gas player Aker BP has set its cap on expanding the deployment of a digital shaker surveillance system technology across its contracted rig fleet on the Norwegian Continental Shelf (NCS) through its collaboration with DrillDocs, a provider of computer vision technology for drilling

about 4 months ago
N-Sea workers in their flourescent equipment
Business & Finance

New CEO takes over at N-Sea

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Dutch integrated subsea solutions service provider N-Sea Group has appointed former Chief Operating Officer (COO) Pim Nelemans as its new Chief Executive Officer (CEO) after Martin Adler stepped down. Adler, who was the company’s CEO over the past five years, will remain as N-Sea’s shareholder and C

about 4 months ago
Ringhorne; Credit: Vår Energi
Business & Finance

Vår Energi books Scottish firm on multi-year job

Aberdeen-based energy services company THREE60 Energy has landed a long-term assignment to assist Norway’s oil and gas player Vår Energi with activities on the Norwegian Continental Shelf (NCS).

about 4 months ago
ABL Group brings back Aqualis name to distinguish from subsidiary
Business & Finance

ABL Group brings back Aqualis name to distinguish from subsidiary

Oslo-listed international consultancy group ABL Group is rebranding and will be renamed Aqualis. The new name derives from the original Aqualis Offshore, founded in 2012 and listed on the Oslo Stock Exchange in 2014. The group consists of four operating brands, including energy and marine consultanc

about 4 months ago
Transocean Encourage rig; Source: Transocean
Business & Finance

Equinor’s Norwegian Sea wildcat yields no hydrocarbons

Norwegian state-owned oil and gas giant Equinor has conducted drilling activities at a wildcat well in the Norwegian Sea off the coast of Norway with one of Transocean’s semi-submersible rigs. The drilling activity did not result in commercial quantities of hydrocarbons.

about 4 months ago
12-meter USV class secures MCA’s certification
Business & Finance

12-meter USV class secures MCA’s certification

UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has secured certification from the UK Maritime and Coastguard Agency for its Oceanus12 class of USVs that demonstrates that it meets the safety, operational and technical requirements established under the MCA Workboat Code Edit

about 4 months ago
Seaturns has deployed its demonstrator in the Atlantic and announced a collaboration with ESB; Source: Seaturns
Business & Finance

New first for France as full‑scale wave energy demonstrator kicks off sea trials

French wave energy technology developer Seaturns has embarked on a full‑scale offshore trial of its wave energy demonstrator off the Gironde estuary on the French Atlantic coast, which will be supervised through a collaboration with ESB, an Irish energy company. This project is expected to boost Eur

about 4 months ago
Central Azeri Patform, Caspian Sea - Petrofac
Business & Finance

BP, SOCAR employ advanced tech to enhance output at Caspian Sea oil asset

UK-headquartered energy giant BP and its partner, State Oil Company of the Republic of Azerbaijan (SOCAR), have shed light on the innovative solutions deployed to maximize recovery at a giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 4 months ago
Johan Sverdrup field; Source: Arne Reidar Mortensen/Equinor
Business & Finance

Future expansion on horizon for Norway’s giant oil-producing field

Norway’s state-owned energy giant Equinor is laying the groundwork to enable a potential new subsea development in the North Sea, which will help maintain production and value creation from one of the largest oil-producing assets on the Norwegian Continental Shelf (NCS).

about 4 months ago
Neptun Deep jacket; Source: Saipem
Business & Finance

Jacket for EU’s largest offshore gas development sails away from Saipem’s shipyard

Italy’s engineering, drilling, and construction services giant Saipem has confirmed the departure of a jacket destined for a giant natural gas project in the Romanian part of the Black Sea. This project is described as the largest offshore natural gas project currently under development in the Europ

about 4 months ago
50Hertz and Elia launch €752 million offshore HV cable jointing and repair logistics tender
Business & Finance

50Hertz and Elia launch €752 million offshore HV cable jointing and repair logistics tender

50Hertz and Elia have launched a joint procurement for offshore high-voltage (HV) cable repair logistics and jointing services, under which the transmission system operators (TSOs) will award framework agreements valued at a total of up to €752 million. The tender, published in the Official Journal

about 4 months ago
COSL Promoter; Source: COSL Drilling Europe
Business & Finance

Equinor’s North Sea P&A ops with COSL’s 2012-built rig cleared for action

Norway’s state-owned energy giant Equinor has received the Norwegian authorities’ blessing for plugging and abandonment (P&A) activities in the North Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 4 months ago
Calcasieu Pass terminal; Source: Venture Global
Business & Finance

Greek player doubles US LNG supplies with expansion of Venture Global deal

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has revealed a twofold LNG supply increase in its two-decade-long arrangement with Greece’s Atlantic-SEE LNG Trade, a newly formed joint venture between Greek companies AKTOR Group and DEPA Commer

about 4 months ago
Buzzard offshore platform; Courtesy of CNOOC
Business & Finance

North Sea oil platform automation enhancement on ABB’s UK worksheet

Switzerland-based electrification and automation technology provider ABB has been hired to upgrade the automation and control systems on an offshore platform, which operates approximately 100 kilometers northeast of Aberdeen at one of the UK’s largest North Sea oil fields.

about 4 months ago