Business & Finance
Wintershall Dea charters Eidesvik PSV for a year
Eidesvik Offshore has been awarded a time charter contract with Wintershall Dea Norge for the platform supply vessel (PSV) Viking Princess.
Aker Solutions sees profit rise despite lower revenues
Aker Solutions boosted its profit in the third quarter of 2020 despite lower revenues as oil and gas operators reduced their activity levels.
Oceaneering names renewables BD director
Subsea services company Oceaneering has appointed Ben Hooker as director of business development – Renewables. Hooker is accounting and finance manager with sales and business development background within the upstream oil and gas; defense, marine and renewable energy sectors. He most recently serve
Borr Drilling sells cold-stacked jack-up rig
Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold stacked jack-up drilling rig Atla to an independent operator.
Vår Energi hands out 12 deals for offshore and onshore services
Vår Energi has signed frame agreements with a total of 12 Norwegian suppliers of services within a number of technical and administrative disciplines.
Neptune in minor oil discovery near Fenja field
Neptune Energy has made a minor oil discovery and delineated the Bue oil discovery near the Fenja field in the Norwegian Sea.
LIVE BLOG: Offshore Energy and Navingo Career 2020 Events
Welcome to Offshore Energy & the Navingo Career Event!
Ørsted’s offshore revenue, EBITDA dip in Q3
Danish energy company Ørsted has reported DKK 2.629 billion operating profit (EBITDA) in the Offshore segment in the third quarter of 2020, an 18 per cent decrease compared to DKK 3.223 billion EBITDA reported for the third quarter of 2019. The decrease is mainly due to lower earnings from construct
EMO sells Windea CTV pair
EMS Maritime Offshore (EMO) has sold its crew transfer vessels (CTVs) Windea One and Windea Two to undisclosed clients. Windea One was handed over to its new owner at the end of September and will in the future be used as a supply vessel in Russian waters off Murmansk. Its sister vessel Windea Two w
Year-long outage of Hammerfest LNG plant to affect Neptune output
Neptune Energy expects its full-year production to be impacted by the closure of the Equinor-operated Hammerfest LNG plant following a recent fire incident.
One quarter of global floating rig fleet could face scrapping as Covid-19 bites, Rystad says
An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.
THREE60 ENERGY takes duty holder role at DNO’s UK assets
THREE60 ENERGY has won a multi-million-pound contract to deliver Duty Holder services for DNO’s two assets in the UK continental shelf.
BP books small profit in 3Q
BP on Tuesday reported a small profit for the third quarter of 2020 compared to a huge loss in the prior quarter and a profit in the third quarter of 2019.
Aker divisions team up for OWFs in Norway to decarbonize oil & gas
Aker Offshore Wind and Aker BP have agreed to cooperate on realizing offshore wind in Norway at large scale, as well as accelerating the process of decarbonizing oil & gas assets. The parties plan to collaborate on concepts for the development of large offshore wind farms to enable effective offtake