Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.
Out of the 34 exploration wells spudded on the NCS last year 23 were wildcat wells, which resulted in 14 discoveries.
A FID has been taken to drill a well in the Harald East area, enabling any discovered gas to be exported through the Tyra facilities.
ABL’s Rig Inspection division and Integrity HSE have forged a strategic alliance in a bid to expand their suite of offerings and services.
UK-based energy sector construction, maintenance & enhancement solutions player Global Energy Group has secured a contract from Subsea7 to fabricate subsea spools and anode sled structures for one of Aker BP’s North Sea field developments. The fabrication contract is related to the East Kameleon pro
Finnish energy company Gasum has delivered a cargo of liquefied natural gas (LNG), procured from Germany’s SEFE (Securing Energy for Europe), to the Inkoo floating storage regasification unit (FSRU). The LNG cargo is approximately 800 GWh in size, and as already mentioned, it is supplied by SEFE, or
Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.
Türkiye is pulling out all the stops to fortify its energy security, including new energy efficiency roadmap and action plan.
Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledg
Lithuanian energy terminal operator Klaipedos Nafta (KN) has officially changed its name to KN Energies to reflect the company’s strategic changes. Specifically, the operator said the name change reflects the company’s new long-term strategy to follow the path of sustainable energy by switching from
BP has hand-picked Wood for the delivery of topside modifications in support of the oil major’s latest subsea tieback in the UK North Sea.
Valaris has tucked $1.14 billion under its belt, thanks to multiple new contracts and extensions for its drillships and jack-up rigs in Brazil, the U.S. Gulf of Mexico, the UK North Sea, Trinidad, and Australia.
Noble Corporation has secured a new assignment for one of its harsh environment jack-up rigs with Wintershall Noordzee.
Marine LNG infrastructure company Energos Infrastructure, majority-controlled by Apollo-managed funds and minority shareholder New Fortress Energy (NFE), has completed the acquisition of two floating storage and regasification units (FSRUs) from affiliates of Dynagas, an LNG maritime transportation
