Business & Finance
UK oil & gas operators facing ‘biggest offshore stoppage in a generation,’ as offshore workers down tools
1,300 offshore workers will embark on a “historic” 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf.
DeepOcean’s autonomous inspection drone set to hit the water
DeepOcean has mobilized its first Autonomous Inspection Drone (AID), said to be able to unlock substantial cost savings for offshore wind and oil & gas operators. The project is a strategic partnership between DeepOcean, Argus Remote Systems and Vaarst, with industry guidance, support and funding fr
BP extends digital twin deal for its oil & gas assets in North Sea
BP has decided to extend the agreement to all five of its North Sea oil and gas assets with Aize, a digital twin software provider.
In focus: Cooperation in offshore energy sector is a bellwether for green transition
The “transition” part of the energy transition is beginning to show a more defined shape with each passing day as witnessed in a week behind us that was filled with announcements favoring the net-zero future coming from governments and all the way to private offshore energy companies. Industry major
‘World’s fastest offshore field development’ on stream, as first gas flows from huge Black Sea project
Türkiye has tucked a new milestone under its belt with the achievement of first gas from a giant natural gas project in the Black Sea.
New task for Equinor to handle nonconformities at North Sea platform
Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.
Equinor gets clearance for modifications at Norwegian offshore platform
Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.
Dutch wave energy company submits application for EU project subsidy
Dutch-based Symphony Wave Power has submitted an application for EU subsidy, that would be used for the development of wave energy project offshore the Netherlands.
Sonardyne’s new technology comes to market
Sonardyne has launched its new Acoustic Doppler Current Profilers (ADCPs) for application in the offshore renewable energy, marine research and defense sectors. The new Origin ADCPs feature an integrated modem for communications and positioning, new Edge processing capability and an ecosystem where
Fugro’s Robodock ready for new trials
The Netherlands-headquartered Fugro has commenced another batch of trials for its Robodock platform for uncrewed vessels and drones. Following tests completed last year, Fugro is now gearing up for the second phase of trials testing Fugro Robodock with its 12-meter Blue Essence uncrewed surface vess
Shell and Deltic Energy schedule North Sea drilling ops for next summer
Deltic Energy is looking to drill a similar-scale North Sea prospect to the Pensacola next year, the London-based oil and gas exploration company revealed in its latest financial results. In the report issued on 20 April, Deltic Energy revealed it was planning to drill the Selene prospect in the sum
OMV strikes oil in Norwegian North Sea
OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has made an oil discovery near the Gudurun field in the Norwegian part of the North Sea. The Norwegian Petroleum Directorate (NPD) reported today, 20 April, that OMV Norge, operator of the production license 817, had completed the drillin
Rig deals lift Transocean’s total backlog to $8.6 billion
Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.
With $185 bln of total investment on the table, WoodMac expects more oil & gas FIDs in 2023
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.