Subsea7 has secured an extension to the contract with Turkish Petroleum Offshore Technology Center (TP-OTC) announced in August 2025 for the third development phase of Türkiye’s largest natural gas field. The variation order announced today, March 4, represents an extension to the contract announced
Given the large quantities of oil and gas in so-called tight reservoirs on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has shed light on ways to speed up the oil and gas production from tight reservoirs off the coast of N
Norway’s state-owned energy giant Equinor has wrapped up its investigation into a well control incident that occurred on a semi-submersible rig working in the Norwegian sector of the North Sea. This incident is classified as being in the company’s highest category of severity.
Norwegian state-owned energy giant Equinor has found more black gold in the North Sea off the coast of Norway, thanks to drilling activities with one of Odfjell Drilling’s semi-submersible rigs.
Norwegian state-owned energy giant Equinor has secured the go-ahead from the country’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway.
Norwegian state-owned oil and gas giant Equinor has conducted drilling activities at a wildcat well in the Barents Sea off the coast of Norway with one of COSL Drilling Europe’s semi-submersible rigs. This well did not yield commercial quantities of hydrocarbons.
Türkiye‘s national oil & gas giant Türkiye Petrolleri A.O. (TPAO) has become a partner in an offshore exploration license in Bulgaria, located near Sakarya, Türkiye’s largest natural gas field. TPAO reported today, February 18, that it had, as a partner, joined the exploration license in the Khan Te
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Norwegian state-owned energy firm Equinor to upgrade the subsea compression system for the Gullfaks field in the Norwegian North Sea. SLB said that OneSu
Norwegian drillship-owning company Deep Value Driller has entered into an agreement with Italy’s engineering, drilling, and construction services giant Saipem for the sale of its seventh-generation drillship for a total purchase price of $272.5 million. In the announcement of the amended bareboat ch
U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% i
Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connect
UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.
Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).
XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande
