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Oil & Gas

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Safe Concordia; Source: Prosafe
Oil & Gas

Prosafe spots rise in tendering activity with more awards anticipated for 2025 and beyond

Oslo Stock Exchange-listed Prosafe has caught sight of increased activity in tenders covering work for 2025 and beyond.

about 2 years ago
Offshore Energies UK (OEUK)
Oil & Gas

With Labour’s windfall tax plan seen as ‘hammer blow’ to UK’s energy security and decarbonization, concerns over job loss on the rise

The dust has not settled yet over the Labour Party’s proposals to extend the windfall tax on UK oil and gas producers,

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about 2 years ago
Floatel Endurance; Source: Floatel International
Oil & Gas

Aker BP cleared to deploy floatel off Norway

Aker BP consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a field offshore Norway.

about 2 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Oil & Gas

Aker BP gearing up to spud North Sea well with Noble rig

Aker BP has received consent to use one of Noble Corporation’s jack-up rigs for exploration activities in the North Sea off Norway.

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Oil & Gas

Equinor getting ready to embark on North Sea drilling ops with Odfjell rig

Equinor has received consent from the country’s offshore safety regulator to use one of the semi-submersible rigs owned by Odfjell Drilling.

about 2 years ago
Illustration; Source: MSI
Oil & Gas

Interview: With new oil & gas horizons calling, will the North Sea hold sway over its existing rig fleet?

This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

about 2 years ago
Valaris DS-17 drillship; Source: Equinor
Oil & Gas

Valaris rigs collect $1.2 billion for drilling jobs spanning geographies

Valaris has landed a batch of new contracts and extensions across multiple geographies for three floaters and six jack-ups in its rig fleet.

about 2 years ago
UK oil & gas engineering services firm gets more North Sea work
Oil & Gas

Multiple P&A activities on the list for UK firm under £1 million contract

UK-headquartered oil and gas engineering services business Plexus Holdings has secured a contract valued at over £1 million to deliver equipment and services for multiple plug and abandonment (P&A) activities in the North Sea. Under the contract with an undisclosed client, Plexus will provide Exact

about 2 years ago
Solstad Offshore
Oil & Gas

Solstad amps up its decarbonization ante to boost vessels’ fuel efficiency and curb emissions

Solstad Offshore has joined forces with Pon Power and Caterpillar Marine to scale up fuel efficiency across its vessels and slash its emissions.

about 2 years ago
With offshore repairs soon to begin, Balticconnector restart set for April
Oil & Gas

With offshore repairs soon to begin, Balticconnector restart set for April

Offshore repair works for the Balticconnector gas pipeline between Finland and Estonia, which was shut down in October 2023 due to a rupture, are set to start at the beginning of next month. Estonian transmission system operator (TSO) Elering and its Finnish counterpart Gasgrid closed Balticconnecto

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Oil & Gas

No hydrocarbons for Equinor in another North Sea well

Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.

about 2 years ago
diving operation as Equinor hires compatriot company for diving intervention services
Oil & Gas

Equinor hires compatriot company for diving intervention services

Norway’s energy giant Equinor has signed a long-term frame agreement for diving intervention services with compatriot SubseaPartner. The frame agreement focuses on contingency preparedness for Equinor as the principal user, in addition to 23 other operating companies participating in the Pipeline Re

about 2 years ago
Tango FLNG; Source: Eni
Oil & Gas

Eni reveals ‘excellent’ annual results as natural gas and LNG business cushions drop in profit

Eni has disclosed strong financial and operating results for 4Q and full year 2023 on the back of its natural gas and LNG portfolio.

about 2 years ago
Transocean Barents semi-submersible rig; Source: Transocean
Oil & Gas

Transocean rigs pick up drilling gigs in Angola, Gulf of Mexico, and Black Sea

Transocean has secured more work for three floaters in its rig fleet, enabling it to collect $326 million for assignments in Angola, the U.S. and Romania.

about 2 years ago