Business & Finance
Norwegian player to take over new operatorship in North Sea
Vår Energi has set the wheels into motion to take over new operatorship in the Balder area thanks to deals for two licences in the North Sea.
UK trade body calls on govt to prioritise domestic energy production
As sanctions lead to supply and price shocks, Offshore Energies UK has urged the UK government to prioritise domestic energy production.
Polish player all set to spud Norwegian Sea wildcat with Odfjell rig
PGNiG has secured a drilling permit for a wildcat well in the Norwegian Sea, which will be spudded with a rig managed by Odfjell Drilling.
Altera Infrastructure enters Chapter 11 to tackle its debt
UK-based Altera Infrastructure has entered a Chapter 11 bankruptcy process in the U.S. to address its debt of over $1.5 billion.
Havfram appoints new chairperson to bolster subsea and offshore wind business units
Norway-based subsea and offshore wind contractor Havfram has appointed Arne Sigve Nylund as its new chairperson following the strategy adjustments of the company. The decision is said to align with Havfram’s aim to strengthen the industrial identity of its offshore wind installation, offshore wind d
In focus: Heatwaves everywhere, but winter is coming
The words energy transition were on everybody’s lips in the last couple of years, but policymakers from European countries now see that in the short term energy security is more relevant than an energy transition.
New oil & gas discovery in Norwegian Sea offers Aker BP option for Skarv tie-back
Aker BP has made a new oil & gas discovery near its Skarv field in the Norwegian Sea and will consider tying the discovery into this field.
Heerema’s Thialf removes topsides offshore Ireland – gallery
Heerema’s Thialf vessel has completed a decom activity related to a platform removal campaign for an offshore gas field in the Celtic Sea.
Maersk rig staying in Denmark with TotalEnergies
Maersk Drilling has secured an extension for one of its jack-up rigs, which will continue to carry out ops off Denmark for TotalEnergies.
Offshore wind-to-hydrogen brings high profile investors to Dutch TCP pipeline supplier
HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed i
Diana rejuvenates fleet with nine bulkers in $330 mln deal
Athens-based Diana Shipping has entered into a deal to acquire nine modern Ultramax bulkers with an average vessel age of approximately 5.4 years from Sea Trade Holdings. The company will buy the ships for a total of $330 million, of which $220 million will be paid in cash and $110 million is to be
Equinor’s giant new FPSO catches fire
Aker Solutions has revealed that a fire was detected at Equinor’s FPSO vessel, which is currently under construction at a yard in Norway.
Equinor gearing up to drill Norwegian Sea wildcat with Odfjell rig
Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea with one of Odfjell Drilling’s rigs.
Norwegian player buying stake in Repsol’s North Sea field
Rex’s Lime Petroleum has inked a deal to acquire an interest in a Repsol-operated field located in the North Sea offshore Norway.