Shell has received the green light to use an Odfjell Drilling-managed rig for plugging and abandonment activities in the North Sea.
Hartshead and RockRose have reached an agreement to amend the farm-out agreement and joint operating agreement (JOA).
A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.
The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.
Westwood has warned that delays, cancellations, and under-delivery pose a significant risk, which could derail Britain’s 2030 targets.
BP has hired Well-Safe Solutions on a long-term global master agreement for well engineering and decommissioning support services.
Ashtead Technology is augmenting its global offering by acquiring the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million (almost $67.7 million) on a cash and debt free basis.
Equinor has received consent to use one of Transocean’s semi-submersible rigs on two fields located in the North Sea and Norwegian Sea, respectively.
Harbour Energy has secured a drilling permit to spud a wildcat well in the North Sea, using one of Noble Corporation’s jack-up rigs.
The UK’s regulator North Sea Transition Authority (NSTA) has highlighted the key role the North Sea basin has in helping the country to reach its net zero goals.
Transocean has tucked under milestone under its belt, thanks to one of its semi-submersible rigs being awarded DNV’s Abate (Power+) notation.
Hughes Subsea has won a contract to provide daughter-craft diving services for an FPSO vessel operating in the North Sea.
Offshore drilling contractor Dolphin Drilling has secured a long-term contract for one of its semi-submersible rigs in the UK with EnQuest.
Five countries have taken steps to build closer cooperation within the European Union on carbon capture and storage by signing a declaration.
