Norwegian state-owned energy giant Equinor has, on behalf of partners, awarded four contracts worth around NOK 6 billion (about €536.4 million) for the first wave of subsea tie-back projects on the Norwegian Continental Shelf (NCS) as part of its NCS2035 strategy. The four projects are part of the f
Norwegian state-owned energy giant Equinor has made a move to become the sole owner of an oil development off the coast of Newfoundland and Labrador by acquiring the UK-headquartered BP’s stake in the Canadian project.
Norway’s oil and gas player Aker BP has confirmed the sail-away of an offshore platform topside destined for its North Sea development on the Norwegian Continental Shelf (NCS).
While maintaining a cautious approach with flexibility to pause or reverse cuts, seven participating oil-producing OPEC+ countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman – have sealed a deal to adjust their production cuts to ensure the stability of oil markets.
Norway’s state-owned energy giant Equinor has prolonged an assignment, which is being carried out on the Norwegian Continental Shelf (NCS) by one of the anchor handling tug supply (AHTS) vessels owned by DOF Group, a compatriot operator of a fleet of advanced vessels for the energy and marine sector
Norway’s oil and gas player Vår Energi has received authorization from the country’s authorities to bring online another segment of an oil project in the North Sea off the coast of Norway.
Norwegian state-owned energy giant Equinor has ensured the continuation of helicopter activity in Central Norway by prolonging CHC Helikopter Service’s flight assignment until the end of the decade.
Norske Shell, a subsidiary of the UK-headquartered energy giant Shell, has entrusted AGR, part of the Oslo-listed energy and marine consultancy Aqualis (formerly ABL Group), with the task of supplying the human capital for its onshore and offshore operations in Norway.
Qatar’s state-owned oil and gas giant QatarEnergy and the U.S.-headquartered energy heavyweight ExxonMobil have inked a commercial discovery declaration for natural gas finds at a block off the coast of Cyprus.
Switzerland-based offshore drilling contractor Transocean has lined up assignments for three of its harsh environment semi-submersible rigs with Norway’s state-owned energy giant Equinor on the Norwegian Continental Shelf (NCS).
Norway’s offshore vessel owner Eidesvik Offshore has strengthened its relationship with Aker BP, a compatriot oil and gas player, through a new deal, which enables one of its platform supply vessels (PSVs) to secure a long-term assignment with the Norwegian operator.
As operators embark on portfolio optimization quests, a series of asset exchanges is reshaping the Norwegian Continental Shelf (NCS), with the latest such move coming from Norway’s state-owned energy giant Equinor and its compatriot Vår Energi, which have agreed to a swap of offshore oil and gas ass
Japan’s MODEC has confirmed the arrival of a floating production, storage, and offloading (FPSO) vessel at a ship recycling facility in Denmark, following the completion of the unit’s work at an oil field off the coast of Brazil.
UK-headquartered energy giant Shell is expecting an uptick in demand for liquefied natural gas (LNG) to nearly 700 million tonnes a year by 2050, following supply disruptions caused by the conflict in the Middle East, which was cushioned by North American supply growth.
