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Oil & Gas

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UK well construction cementing firm changes hands
Oil & Gas

UK well construction cementing firm changes hands

UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand Expro’s well cons

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Oil & Gas

New oil discovery in North Sea ‘not profitable’ at this moment in time

Norwegian oil and gas player Aker BP has made a new oil discovery in the North Sea off Norway, using a Saipem-owned rig.

about 3 years ago
2003-built Solstad PSV finds new owner
Oil & Gas

20-year-old Solstad PSV finds new owner

Solstad Rederi, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, has sold one of its platform supply vessels (PSVs). The new owner, whose name Solstad did not disclose, took over the 88.8-meter-long PSV Normand Flipper on 9 February. The vessel was built in 2003 and is of UT

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Oil & Gas

Green light for Norwegian oil & gas player to spin the drill bit at North Sea prospect

Wellesley Petroleum has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea.

about 3 years ago
Illustration; Source: Shell
Oil & Gas

Shell says derivative action attempt against its board over climate risk has ‘no merit’

With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.

about 3 years ago
Equinor
Oil & Gas

While contributing to Europe’s energy security, Equinor rakes in all-time high profits

Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.

about 3 years ago
Petrogas picks provider of umbilicals for gas fields in Dutch North Sea
Oil & Gas

Petrogas picks umbilicals provider for North Sea gas fields

JDR, part of TFKable Group, has secured a contract from Petrogas E&P Netherlands for the supply of two umbilicals for offshore conventional gas fields in the Netherlands. The A15 and B10 fields are located in quads A and B, in a shallow water depth of 115 feet, and are expected to recover 17.25 Mmbo

about 3 years ago
Buzzard oil & gas field in the UK North Sea
Oil & Gas

Green Volt on track to power UK oil & gas platforms by mid-2020s

Flotation Energy and Vårgrønn have submitted a Marine Licence application for the Green Volt floating offshore wind farm. This consent application could allow the project to start generating power in the mid-2020s, making it the most advanced oil and gas decarbonisation project in the UK, the develo

about 3 years ago
Transocean Enabler rig; Photo: Transocean
Oil & Gas

Fresh oil discovery in Barents Sea

Norwegian oil and gas player Vår Energi has made a new oil discovery in the Barents Sea off Norway, using a Transocean-owned rig.

about 3 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Oil & Gas

New oil & gas discovery in North Sea with tie-back on the horizon

Norwegian state-owned energy giant Equinor has made a new commercial oil and gas discovery in the North Sea off Norway, using a Transocean-owned rig.

about 3 years ago
TotalEnergies
Oil & Gas

2022: a banner year for TotalEnergies’profit with LNG as a trump card for further growth

After boosting its annual profits in 2022, TotalEnergies plans to strengthen its position in Europe by pursuing further LNG growth.

about 3 years ago
TechnipFMC's DSV begins well tie-in ops in North Sea
Oil & Gas

TechnipFMC’s DSV begins well tie-in ops in North Sea

TechnipFMC’s diving support vessel (DSV) Deep Discoverer has mobilized to the Triton area in the North Sea and begun operations to tie in a Tailwind Energy well, according to UK-based oil and gas company Serica Energy. The Gannet GE-04 well was drilled late in 2022 and completed in January, with fir

about 3 years ago
Noble Resilient (former Maersk Resilient) jack-up rig; Source: Maersk Drilling
Oil & Gas

Shell’s UK prospect seen as one of North Sea’s ‘largest natural gas discoveries’ in over a decade

Shell has completed flow test results for the Pensacola well in the North Sea, which is said to have opened a new Zechstein play in this mature basin.

about 3 years ago
BP
Oil & Gas

‘Performing while transforming’ pays off for BP as it joins other oil majors in profit bonanza

After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs.

about 3 years ago
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