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Oil & Gas

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EthosEnergy teammates working on a gas turbine; Courtesy of EthosEnergy
Oil & Gas

North Sea operator hands out five-year gig for three UK assets to EthosEnergy

Harbour Energy has inked a five-year master service agreement, covering three production assets in the UK North Sea, to EthosEnergy.

about 2 years ago
Mariner platform; Credit: Jamie Baikie/Equinor
Oil & Gas

Equinor pens deal to enhance working conditions for North Sea workers

Unite the union has inked a recognition deal with Equinor for multiple workers, who are employed on the operator’s offshore facilities in the North Sea.

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

TotalEnergies achieves ‘robust’ multi-billion profit while balancing energy transition scales

TotalEnergies has managed to tuck strong financial and operating results for the fourth quarter and full year 2023 under its belt.

about 2 years ago
Sweden closes investigation on Nord Stream pipeline incident
Oil & Gas

Sweden closes investigation on Nord Stream pipeline incident

Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Oil & Gas

Dana Petroleum entering Shell’s North Sea license ahead of drilling ops

Deltic Energy is in the process of divesting a partial stake in a Shell-operated license to Dana Petroleum.

about 2 years ago
Shearwater platform in the North Sea; Source: Shell
Oil & Gas

Norwegian firm broadens its North Sea horizons with stake in Shell’s UK gas field

DNO has put the wheels into motion to expand its North Sea portfolio by acquiring an interest in a Shell-operated gas field.

about 2 years ago
Oceaneering reels in $200 million in new contracts
Oil & Gas

Oceaneering reels in $200 million in new contracts

Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr

about 2 years ago
Argos platform in the Gulf of Mexico; Source: BP
Oil & Gas

BP’s profit cut in half but $13.8 billion still cinched in 2023

Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

about 2 years ago
Shearwater GeoServices goes to India
Oil & Gas

Shearwater GeoServices goes to India

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel

about 2 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Oil & Gas

International offshore rig count activity gets a boost in January

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Oil & Gas

Shell takes Valaris jack-up rig for upcoming North Sea drilling ops

Shell has hired a heavy-duty jack-up rig from Valaris, an offshore drilling contractor, for a two-well drilling campaign in 2024.

about 2 years ago
16-year-old vessel returns to VARD for conversion
Oil & Gas

16-year-old vessel returns to VARD for conversion

A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

about 2 years ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Oil & Gas

Drilling program and well intervention campaign on Serica’s 2024 agenda in North Sea

Serica Energy is preparing to kick off its four-well drilling campaign and work-over program in the UK sector of the North Sea.

about 2 years ago
Transocean Norge; Source: Transocean
Oil & Gas

Wintershall Dea’s drilling ops with Transocean rig cleared for take-off

Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

about 2 years ago