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Oil & Gas

QatarEnergy prolongs force majeure, Edison’s total affected LNG cargoes reach 17

Qatar’s state-owned oil and gas giant QatarEnergy has notified Italy’s Edison about a contractual force majeure extension, adding five more liquefied natural gas (LNG) cargos to the existing list of impacted ones.

about 5 months ago

Oil & Gas

ABS endorses SBM Offshore’s Shell-backed FPSO deepwater cooling tech

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received the green light for its seawater intake riser (SWIR) technology from American Bureau of Shipping (ABS), a classification society.

about 5 months ago

Oil & Gas

Fresh North Sea gig for Well-Safe Solutions’ semi-sub rig

Aberdeen-based decommissioning services provider Well-Safe Solutions has picked up a new assignment in the UK sector of the North Sea, enabling it to provide well operatorship capability for the first time.

about 5 months ago

Oil & Gas

More gas for UK: North Sea wind-powered platform back online after five-year hiatus

Perenco UK (PUK), the Anglo-French oil and gas player Perenco, has brought back online a natural gas field in the UK sector of the North Sea, years after the production taps were turned off.

about 5 months ago

Oil & Gas

Eni and BlackRock’s GIP score over $670 million financing boost to fuel CCS growth

Eni CCUS Holding, a strategic partnership between Italy’s energy giant Eni and Global Infrastructure Partners (GIP), a part of BlackRock, has expanded its financing sources to strengthen its carbon capture and storage (CCS) project platform.

about 5 months ago

Oil & Gas

Subsea7 clinches multimillion-dollar deal for Norwegian gas export project

Luxembourg-domiciled Subsea7 has picked up a new assignment with Vår Energi, a Norwegian oil and gas operator, for a gas export project in the Barents Sea off the coast of Norway.

about 5 months ago

Oil & Gas

Archer acquires Scottish firm to expand subsea and rigless P&A capabilities

Oslo Stock Exchange-listed oil services company Archer is set to acquire isol8, a Scottish well technology company focused on alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A). The completion of the transaction is expected

about 5 months ago

Ran jack-up rig; Source: FOSS & ESG; Credit: Borr Drilling

Oil & Gas

Borr Drilling’s CEO: Middle East conflict brings uncertainty but empowers long-term rig outlook

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.

about 5 months ago

Troll A platform in North Sea; Credit: Jan Arne Wold and Elisabeth Sahl/Equinor

Oil & Gas

Equinor-Aker BP pact accelerating development of oil & gas discoveries

Two Norwegian energy players, Equinor and Aker BP, have forged a strategic alliance to augment future production and value creation across selected parts of their oil and gas portfolios on the Norwegian Continental Shelf (NCS), enabling them to better align ownership interests, support coordinated d

about 5 months ago

Oil & Gas

DeepOcean picks up subsea and topside removal job for North Sea FPSO

Norwegian ocean services provider DeepOcean has been hired to support the subsea decommissioning and disconnection of an undisclosed floating production, storage, and offloading (FPSO) vessel in the UK sector of the North Sea.

about 5 months ago

Oil & Gas

Light turns green for North Sea drilling ops with Saipem rig

Norwegian oil and gas player Aker BP has obtained a drilling permit for an exploration well in the Norwegian sector of the North Sea, which is slated to be drilled next month using a semi-submersible rig owned by Italy’s Saipem.

about 5 months ago

Oil & Gas

Bernhard Schulte’s first LCO2 carrier step closer to Northern Lights

The fourth liquefied carbon dioxide (LCO2) carrier destined for the Northern Lights CO2 project in Norway has been christened in China. Northern Purpose has been custom-designed to transport liquefied CO2 as part of the world’s first cross-border CO2 transport and storage infrastructure. It was buil

about 5 months ago

Oil & Gas

Shearwater gets to work for Shell and Equinor’s joint venture

Adura Operations, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has selected Norwegian Shearwater GeoServices to perform ocean bottom node (OBN) seismic acquisition at its field in the UK North Sea. Shearwater’s scope covers approximately 220 km2 of seismic acquisi

about 5 months ago

Oil & Gas

FSRU launch bringing Europe’s next terminal closer to completion

Poland’s gas transmission system operator (TSO), Gaz-System, has unveiled a new milestone in the construction of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

about 5 months ago