Business & Finance
Shell books Stena rig for North Sea work
Offshore drilling contractor Stena Drilling has signed a new contract with oil major Shell in the UK for its drilling rig Stena Don.
Subsea 7 figures up in spite of offshore wind challenges
Subsea 7 has reported a revenue of $2.4 billion for the first half of 2022, an increase of $247 million or 11% compared to the first six months of 2021, driven by the Subsea and Conventional business unit and partly offset by lower revenue in the Renewables unit. Revenue of the Subsea and Convention
Jack-up rig getting ready for seven-well campaign in Black Sea
After wrapping up its previous job, a jack-up rig is preparing to embark on its 2022 – 2023 drilling campaign in the Black Sea off Turkiye.
Eni’s pursuit of deeper zones results in another ‘significant gas discovery’ off Abu Dhabi
Italian oil and gas company Eni has made another gas discovery in its first exploration well in waters offshore Abu Dhabi.
New campaign to keep SeaBird Exploration busy for 9 months
Green Energy Group (SeaBird Exploration) has received a letter of award for a 2D campaign in the Eastern Hemisphere with a duration of approximately nine months. According to Green Energy Group, the contract is expected to commence in September with rates reflective of an improving 2D market. The co
Indian operator awards fresh long-term gig to Shelf Drilling rig
UAE-headquartered Shelf Drilling has won a long-term deal for one of its jack-up rigs for operations offshore India.
Green light from TotalEnergies for oil project off Angola
TotalEnergies has taken a final investment decision (FID) to develop an oil field development project offshore Angola.
Life extension granted for North Sea field
Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.
U.S. climate bill promotes clean energy but ‘does not arbitrarily shut off’ oil and gas
The package is said to promote zero and low carbon energy and support domestic production of offshore oil and gas.
“UK – Netherlands Offshore Wind Roundtable: Aligning supply chains in the North Sea for a better energy transition” (VIDEO)
The United Kingdom and the Netherlands have shared ambitions when it comes to renewable energy in general and offshore wind in particular. Considering this, how can we collaborate and find synergy within the different projects that the two countries are developing in the North Sea? During this round
Ivory Coast well delivers ‘excellent results’ for Eni
Eni has drilled and tested an exploration well in waters offshore Ivory Coast, delivering a 25 per cent increase to the field’s reserves.
Marine license application submitted for Scotland to England subsea link
Scottish Hydro Electric Transmission (SHE Transmission) and National Grid Energy Transmission (NGET) have applied for marine licenses for the Eastern Green Link 2 subsea HVDC project. SHE Transmission applied to the Scottish Government for marine licenses in respect of Eastern Green Link 2 HVDC cabl
WATCH: Jack & skid ops for next phase of BP’s Azeri project
BP has achieved what it says is a major milestone on the Azeri Central East (ACE) project in Azerbaijan.
Spanish renewable energy giant could bid in Australia’s upcoming offshore wind auction
A Spain-based offshore wind player could be one of the bidders in an auction which will be held in Australia at the end of this year, or in the first half of 2023.