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Oil & Gas

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Norwegian companies Vår Energi and Equinor helicopter-sharing agreement
Oil & Gas

Two Norwegian players share helicopters in North Sea to cut costs and emissions

Oil and gas company Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea.

about 4 years ago
Equinor cleared to put Floatel semi-sub to work at North Sea field
Oil & Gas

Equinor cleared to put Floatel’s unit to work at North Sea field

Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile quarters facility at a North Sea field off Norway.

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about 4 years ago
Deepsea Stavanger - Lundin
Oil & Gas

Lundin bites the dust in Norwegian Sea

Lundin Energy is in the process of concluding the drilling of a wildcat well east of the Ormen Lange field in the Norwegian Sea.

about 4 years ago
Norwegian authorities greenlight Maersk Drilling – Noble merger
Oil & Gas

Two rival players get green light for merger plans

The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.

about 4 years ago
Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Oil & Gas

In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l

13 minutes read
Rystad Energy forecasts offshore oil production will increase demand for shuttle tankers
Oil & Gas

Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says

Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

about 4 years ago
Aker Solutions appoints new exec while high demand spurs further headcount increase
Oil & Gas

Aker Solutions appoints new exec while high demand spurs further headcount increase

Aker Solutions has appointed a new senior vice president for communications as growing demand for services spurs further headcount increase.

about 4 years ago
Rex’s top-priority: increasing hydrocarbon production and reserves
Oil & Gas

Rex’s top-priority: increasing hydrocarbon production and reserves

Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.

about 4 years ago
Ex-Equinor VP Project Management and Control joins Vår Energi
Oil & Gas

Ex-Equinor exec joins Vår Energi

Vår Energi has appointed Equinor’s former VP of Project Management and Control to its executive management team to pursue growth plans.

about 4 years ago
Aker BP - vaccine - Norway
Oil & Gas

Norwegian operator criticised over vaccine mandate plans for offshore workers

A Norwegian union representing offshore oil & gas workers has criticised the process to introduce a vaccine mandate.

about 4 years ago
Edvard Grieg platform off Norway - oil & gas
Oil & Gas

Norway nets record-breaking revenues from oil & gas

In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues.

about 4 years ago
Mariner platform - Equinor
Oil & Gas

Mariner partners disagree with Equinor over reserves downgrade

Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field.

about 4 years ago
SBM Offshore
Oil & Gas

SBM Offshore creates new executive role to play top-tier part in energy transition

SBM Offshore has created a new management role in a push to become one of the main players in the energy transition.

about 4 years ago
The Mariner A platform - Equinor
Oil & Gas

Equinor to book $1.8 bln impairment as UK field reserves shrink

Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment.

about 4 years ago