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Oil & Gas

OEUK: Calls for UK windfall tax on oil & gas player’s global profits ‘deliberately misleading’

Offshore Energies UK (OEUK) has warned that the calls for new windfall taxes on energy producers’ global profits are misleading.

about 3 years ago

Oil & Gas

Aker Solutions confirms contract for Norwegian Sea electrification project

Aker Solutions has signed a contract with OKEA for the Draugen electrification project in the Norwegian Sea, following a Letter of Intent (LoI) from December 2022. Aker Solutions has been appointed as the main contractor for engineering, procurement, construction, and installation (EPCI) and the sco

about 3 years ago

Oil & Gas

Out now: Floorplan for Offshore Energy Exhibition & Conference 2023

Offshore Energy Exhibition & Conference (OEEC) 2023, Europe’s premier meeting point for the offshore energy sector, has opened the floorplan for this year’s event. In 2023, as in the years before, OEEC will bring together professionals from oil & gas, offshore wind, floating wind, marine energy, hyd

about 3 years ago

Oil & Gas

With two new offshore licenses, TotalEnergies to explore carbon storage potential in North Sea

French-headquartered energy giant TotalEnergies has been awarded two offshore licenses to explore CO2 storage potential in the Danish North Sea.

about 3 years ago

Oil & Gas

Equinor to tackle helideck nonconformities at two North Sea platforms

Norwegian regulator has conducted an audit of the management of emergency preparedness and helidecks at Equinor’s two North Sea platforms.

about 3 years ago

Drilling contractors' association calls for cooperation for UK's energy transition program

Oil & Gas

International association calls for cooperation for UK’s energy transition program

The North Sea Chapter of the International Association of Drilling Contractors (IADC) is calling on the Scottish and UK Governments and the oil and gas industry to cooperate to better effect and ensure the sector takes a balanced, long-term approach to the energy transition. The move comes in respon

about 3 years ago

Oil & Gas

Fresh UK gig for Stena Drilling rig

Offshore drilling contractor Stena Drilling has secured a new contract for a semi-submersible rig with Ithaca Energy for operations off the UK.

about 3 years ago

Norwegian energy giant hires DOF vessels

Oil & Gas

Norwegian energy giant hires DOF for subsea decommissioning work

DOF Subsea has secured an engineering, preparatory works, removal, transportation, recycling and disposal (EPRD) contract with Norwegian state-owned energy giant Equinor. The contract is for the Heimdal subsea decommissioning works and includes the recovery and disposal of approximately 2,000 tons o

about 3 years ago

Oil & Gas

Volatility in oil & gas prices on the cards for 2023 after roller-coaster ride in 2022, says Westwood

Westwood dives into upstream oil and gas trends in 2022, predicting that 2023 will also be marked by oil and gas price volatility.

about 3 years ago

Petrojarl Knarr FPSO; Source: Altera Infrastructure

Oil & Gas

Drydocks World and Aker Solutions to revamp FPSO destined for UK’s giant oil & gas field

Drydocks World Dubai and Aker Solutions will work together on upgrading an FPSO for one of the largest undeveloped oil fields in the UK.

about 3 years ago

Oil & Gas

January brings increase to offshore rig count

The international offshore rig count recorded an increase of ten units in January 2023 compared to December last year, according to the latest rig count report from Baker Hughes. The international rig count is up 60 rigs from last year’s count of 841, with offshore rigs up 31 and onshore rigs up 29.

about 3 years ago

West Libra & West Aquila drillships; Source: Northern Drilling

Oil & Gas

$10 million raised to cover ongoing arbitration costs regarding two cancelled drillships

Northern Drilling has raised $10 million for litigation costs arising from the ongoing arbitration pertaining to cancelled orders for two drillships with the South Korean shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME).

about 3 years ago

Oil & Gas

‘Major’ oil and gas operator picks UK firm to back P&A campaign

UK-headquartered supplier of downhole sealing solutions and technology BiSN has secured a contract with what it describes is a “major oil and gas operator” to deploy its alloy barrier technology in the North Sea. Under the three-year contract, which features two one-year extensions, BiSN will provid

about 3 years ago

Oil & Gas

New task for Equinor to address nonconformities on FPSO

Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.

about 3 years ago