Petrofac has picked a member of McDermott’s executive committee to replace its current group chief executive, who will step down next year.
Despite the uptick in utilisation and award activity for the North Sea semi-submersibles, Westwood said the demand outlook for 2023 is low.
Odfjell Drilling is seeing an increase in demand for offshore rigs with average utilisation of 97.1 per cent for its own fleet.
UK-based offshore drilling contractor Awilco Drilling has decided to transfer from the Oslo Stock Exchange to Euronext Growth Oslo.
Amid ongoing flaring and venting crackdown, the UK’s regulator has launched a probe to look into an undisclosed oil and gas company.
UK-headquartered energy giant Shell has kicked off drilling operations on a gas prospect in the North Sea, using a Noble-owned rig.
Trillion Energy has revealed the flow test results for the second well in its drilling campaign on a gas field in the Black Sea off Türkiye.
Equinor has submitted a plan for development and operation (PDO) of a deepwater gas discovery project in the Norwegian Sea.
Dutch metal construction company HSM Offshore has won a contract to build the first electrified ONE-Dyas N05-A gas production platform in the North Sea which will run entirely on offshore wind power. The N05-A project is part of the so-called GEMS area, an area approximately 20 to 80 kilometres nort
Wood has been appointed as an integrated services partner by Centrica Storage for the company’s UK Southern North Sea operations.
Even though Norway saw a slight increase in oil & gas production in October compared to September, this is still below the NPD’s predictions.
Türkiye has finished laying pipes in the Black Sea as part of its giant Sakarya gas field project development, which is seen as one of the country’s largest energy projects ever built. As a result, the project is on track to achieve the first gas in the first quarter of 2023.
Norwegian companies Aker Solutions and Seabed Separation have entered into a technology cooperation agreement to promote a new subsea separation concept that is said to help reach Environmental Sustainability Goals (ESG). The new concept, named the Dual Pipe Separator (DPS), is said to solve the cha
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire that broke out in a transformer at the Åsgard B platform in the Norwegian North Sea. The fire, which was reported in the transformer room on 14 November, was extinguished but produced smoke and led to a production
