Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the
Norwegian state-owned energy giant Equinor has selected MAN Energy Solutions to deliver compressor bundles that will replace units from another original equipment manufacturer (OEM) at a platform offshore Norway. MAN Energy Solutions will deliver a total of three compressor bundles and an additional
Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.
Aker BP has restored production at a field located in the central part of the North Sea, close to the British sector.
Subsea7 has secured an extension of the existing frame agreement with UK energy giant BP for subsea construction, inspection, repair and maintenance services (IRM), for assets in the North Sea. Under the terms of the two-year extension to the end of 2025, Subsea7 will provide an IRM, survey and ligh
Noble Corporation has won a contract extension for one of its jack-up rigs with Harbour Energy for operations in the UK part of the North Sea.
Noble Corporation has tucked a contract extension under its belt for one of its jack-up rigs with the UK-headquartered oil major, BP.
Legal trouble brews on the horizon for the UK government and one of the largest undeveloped oil fields in the UK over climate concerns.
Shell has greenlighted its planned two-well drilling campaign in 2024 while site survey works in the North Sea have been finished.
The Dutch government, through Energie Beheer Nederland (EBN), has joined the PosHYdon project, the world’s first pilot which aims to produce green hydrogen on an operational gas platform in the North Sea. The project, which will integrate three offshore energy systems – offshore wind, offshore gas,
SBM Offshore has secured a new multi-million revolving credit facility (RCF) for the financing of the construction of Fast4Ward multi-purpose floater (MPF) hulls.
Odfjell Drilling has inked an amendment with Aker BP which enables the extension of the firm contract for a semi-submersible drilling rig hired for work on the Norwegian continental shelf (NCS).
Harbour Energy has received consent for exploration drilling in the North Sea, using one of Noble Corporation’s jack-up rigs.
Shipbuilder’s director believes companies can avoid a big chunk of risks involved in vessel construction with digitalization.
