In 2021, Prosafe saw its vessel utilisation more than double when compared to the previous year and reach the highest rate since 2015.
Malaysia’s Bumi Armada has arranged to sell its stake in four subsidiaries holding three ice-class vessels to Russia’s Lukoil.
The UK regulator welcomes the court ruling, while environmentalists suffer a setback, sparking renewed determination to continue fighting.
Serica is planning to drill an exploration well in the North sea and undertake a well intervention campaign to boost production.
Well-Safe Solutions has reached a major milestone with the mobilisation of its Well-Safe Guardian rig for its first job in the UK North Sea.
Norway’s oil production in December 2021 was below the NPD’s predictions for the second consecutive month along with the gas output.
Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.
Danish offshore drilling contractor Maersk Drilling has been awarded a contract with TotalEnergies in the Danish North Sea.
Norside bought a platform supply vessel used in the oil and gas industry for the purpose of converting it for offshore wind ops.
Oil and gas workers’ union has called the introduction of mandatory vaccination policy by a North Sea operator “draconian.”
The Norwegian Ministry of Petroleum and Energy has offered 53 licences on the Norwegian continental shelf in APA 2021 to 28 companies.
Norwegian regulator will invest $1.9 million annually in a drive to advance the follow-up of serious incidents in the oil & gas sector.
Offshore rig owner Maersk Drilling and oil company Aker BP have agreed to a rig swap for an extended scope of work offshore Norway.
German oil and gas company Wintershall Dea says it is driving gas industry transformation with hydrogen and carbon capture and storage (CCS) to achieve the climate targets in Europe.
