Business & Finance
North Sea firm to reinforce energy security by buying ‘one of the largest undeveloped fields in the UK North Sea’
Waldorf Production has inked a deal to buy the entire share capital of Alpha Petroleum from Shorelight Partners to bolster energy security.
Jack-up rig joins Saipem fleet ahead of five-year gig
A 400-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem following a naming ceremony in China.
Fresh gas find for Aker BP in Norwegian Sea
Norwegian oil and gas company Aker BP has made a gas discovery off Norway near the Skarv field in the Norwegian Sea.
Shell’s subsea compression project off Norway to assist in keeping up gas supply to Europe
Shell has received approval from Norway’s authorities for a development plan for its gas subsea compression project in the Norwegian Sea.
With all approvals in the bag, Aker BP cleared to fast-track North Sea field development
Norway’s Ministry of Petroleum and Energy has approved a plan for the development and operation for Aker BP’s field in the North Sea.
Pre-construction survey scheduled for Wales-Ireland interconnector
A pre-construction survey for the Greenlink Interconnector, which will link Wales and Ireland, is set to commence in mid-July. The pre-construction survey is expected to be carried out between 16 July and 2 August, weather dependent. The work will be conducted by the GEOxyz-owned multi-disciplined s
Tekmar gets offshore wind order from Japan
Tekmar has secured a contract to deliver an integrated engineering solution, including cable protection systems (CPS) and cable hang-off clamps, for an offshore wind project in Japan. Tekmar said that the contract is set to be delivered next year. The UK-based company did not reveal any other detail
Eidesvik vessel scores new long-term gig with Aker BP
Eidesvik Offshore has inked a new contract for one of its platform supply vessels (PSVs) with the Norwegian oil and gas company Aker BP.
Serica spuds ‘exciting’ HPHT well in North Sea
Upstream oil and gas company Serica Energy has spudded the North Eigg exploration well located off the UK.
SOHAR port, OOMCO ink bunkering service deal
SOHAR Port and Freezone, a joint venture between the Port of Rotterdam and the Sultanate of Oman, has signed a license agreement with fuel marketing firm Oman Oil Marketing Company (OOMCO) for bunkering services. According to the port’s social media update, the agreement was signed to provide high-q
Transocean rig finds no hydrocarbons for ConocoPhillips in Norwegian Sea well
ConocoPhillips has come up dry in a wildcat well, which was drilled using a Transocean-owned rig in the Norwegian Sea near the Fenja field.
UK firm’s North Sea discovery forecasted to rake in $545 million in revenue over life of field
United Oil & Gas’ North Sea discovery, envisioned as a subsea tie-back, has been valued at £109.1 million on an unrisked basis.
Vos Prodect wins contract for Baltic Eagle offshore wind project
Vos Prodect has secured a contract by TKF to deliver the cable hang-off systems for the Baltic Eagle offshore wind project in the German Baltic Sea. A tailored load test program has been created specifically for the project that will be executed at Vos Prodect’s bespoke test facility in Klazienaveen
In focus: Europeans taking major hydrogen steps
The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w