Business & Finance
Norwegian gas holds potential to play ‘key place’ in Europe’s energy transition
Norway’s gas can enable Europe to achieve its energy transition goals, says the NPD, but investments in unlocking new resources are needed.
New offshore drilling solutions provider makes first acquisition
HMH Holdings has completed the acquisition of Electrical Subsea & Drilling (ESD), a Norwegian company that holds a portfolio of patents and technology with applications in the oil and gas industry. HMH stated that ESD’s most promising technologies are those related to electronic blowout preventers a
DEME and Havfram enter offshore wind partnership in Norway
DEME Offshore and Havfram have signed a Memorandum of Understanding (MoU) to jointly offer construction services to the offshore wind farm sector in Norway, starting with projects to be selected through the upcoming lease auction for the Sørlige Nordsjø II area. The companies say they plan to play a
Substantial investment in UK oil & gas needed to ensure energy security, says OEUK
Offshore Energies UK (OEUK) warns that more investment is required in oil and gas reserves to maintain production and ensure energy security.
Despite strong rebound, Rystad sees hard times ahead for Russia’s upstream sector
Despite the resilience shown by Russia’s upstream sector beset with sweeping sanctions, Rystad Energy believes “the worst is yet to come.”
New five-year deal for Odfjell rig with Aker BP
Aker BP has added a significant order backlog to an Odfjell Drilling-owned rig with a five-year firm contract award in Norway.
Fugro’s new ultra ultra high resolution seismic system passes offshore tests
Fugro has completed a series of trials and testing configurations for its new ultra ultra high resolution (UUHR) seismic system off the coast of the Netherlands. The SeisWind 3D system is designed to offer an efficient data acquisition footprint with the highest resolution to enable detailed ground
Neptune’s North Sea infill campaign to unlock more gas
Oil and gas company Neptune Energy has started an infill drilling campaign at its operated Cygnus gas field in the southern North Sea.
New decom gig in UK for marine consultancy firm
ABL Group has been enlisted by Centrica’s subsidiary Spirit Energy for decommissioning support on three oil and gas platforms in the UK.
Semco Maritime to provide personnel for Norwegian firm’s oil & gas assets
Aker BP has awarded a long-term deal to Semco Maritime for the provision of offshore personnel to its oil and gas installations in Norway.
N-Sea takes full control of Geosea
N-Sea Group has taken full control, ownership and management of the multipurpose support vessel Geosea, after having completed vessel updates. N-Sea announced in April it had entered into an agreement with DOF Subsea Rederi to acquire Geosea. The aim of the acquisition is to strengthen the company’s
World’s largest crane vessel coming to Norway for installation job on giant new FPSO
The world’s largest semi-submersible crane vessel is en route to a yard in Norway to perform an installation job for a giant new FPSO.
Royal IHC lands cable lay spread order from Boskalis
Royal IHC has won a contract by Boskalis for the delivery of an advanced modular cable lay spread (MCLS) that will be used in the offshore wind industry. The cable lay system will be used for the installation of inter-array power cables and associated cable protection systems (CPS). Royal IHC will d
Volstad duo to get battery upgrades as charters with Helix extend
Helix Robotics Solutions and Volstad Maritime have agreed on five-year charter extensions for the Grand Canyon II and Grand Canyon III construction support vessels. Under the extensions, Volstad will upgrade both vessels with a new battery hybrid in an effort to reduce fuel consumption and emissions