The United Nations Development Programme (UNDP) signed an agreement with tanker owner EURONAV Luxemburg to buy a very large crude carrier (VLCC), as part of the UN-coordinated operation to remove more than one million barrels of oil from a decaying tanker off Yemen’s Red Sea coast. The new vessel to
UK’s regulator North Sea Transition Authority (NSTA) says flaring has been cut in half, following four consecutive years of reductions.
Eidesvik has secured a contract extension for one of its PSVs with Wintershall Dea, enabling the vessel to continue working off Norway.
The North Sea Chapter of the International Association of Drilling Contractors (IADC) has urged politicians to maintain focus to avoid ‘economic adversity’ for the UK.
INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in
Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.
Westwood says offshore rig scrapping is at its lowest level in years, as the offshore drilling market’s recovery intensifies.
Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs at a field located in the North Sea off Norway.
Mermaid Subsea Services UK has secured a multi-well contract to be carried out on behalf of a North Sea operator, said to represent the company’s largest contract to date. The two-year contract includes the decommissioning of 22 wells and will see the creation of 12 new roles at Mermaid’s Aberdeen h
Norwegian shipping company Solstad Offshore has agreed to sell its platform supply vessel (PSV) fleet to U.S. offshore vessel operator Tidewater for a total cash consideration of approximately $577 million, marking an exit from the PSV segment. The PSV fleet consists of 37 vessels, all of which are
Caspian Sunrise, an oil and gas company with a focus on Kazakhstan, has inked a deal for the Caspian Explorer drilling vessel, enabling it to undertake operations in the Caspian Sea.
The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul
Baker Hughes’ international rig count report shows that the number of offshore rigs took a downturn in February 2023, slipping by 4 units, compared to last month.
IOG plc has started drilling the second Blythe production well, as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea.
