The UK’s 33rd offshore oil and gas licensing round has attracted a total of 115 bids across 258 blocks and part-blocks from 76 companies.
A partnership comprising Acteon’s Claxton, the University of Aberdeen, the National Decommissioning Centre, and the Net Zero Technology Centre is developing a gas-jet system expected to “revolutionize” subsea cutting. The Underwater Laser Cutting (UWLC) technology is said to improve efficiency when
Quattro Energy has entered into a binding deal to buy a license in the Central North Sea, which includes an existing oil discovery.
OMV has secured a drilling permit from Norway’s authorities for two exploration wells in the Norwegian part of the North Sea.
Island Drilling has decided to retrofit its semi-submersible drilling rig with Ecochlor’s EcoOne filterless ballast water management system (BWMS).
Island Drilling has been awarded a contract extension for its semi-submersible rig, which will prolong the rig’s assignment off Mauritania.
Aker Solutions has secured a contract with French energy giant TotalEnergies for the delivery of the subsea production system, tools and related EPCI interfaces for the Lapa South West field construction offshore Brazil. The development concept located in the pre-salt Santos Basin is a subsea tie-ba
Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidiaries for operations offshore Egypt.
A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over, but the shift to low-carbon is the industry’s paradigm.
Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% stake in the Dutch BBL Company, an owner of a 235-kilometre subsea gas interconnection between the Netherlands and the UK. Enagás concluded the deal as part of the objectives of its strategic plan to contri
Following the completion of a 16-year contract, Malaysia’s Yinson has wrapped up the sale of an FPSO deployed off Nigeria.
Africa-focused energy company Tower Resources has completed an institutional placing of up to $6 million from which proceeds will be used to fund work program commitments for the company’s licenses in Cameroon, Namibia and South Africa. Tower Resources completed an institutional placing to Energy Ex
The U.S. stepped up its game last week and recorded an increase in the number of offshore rigs to 19, based on Baker Hughes’ weekly rig count report.
Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field offshore Nigeria.
