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Oil & Gas

UK regulator cheers new checkpoint expected to safeguard oil & gas industry future and help usher in net-zero

The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry.

about 4 years ago

Maersk Drilling inks renewal deal worth around $1 billion with Aker BP for ops off Norway

Oil & Gas

Maersk Drilling inks rig renewal deal worth around $1 bln with Aker BP

Maersk Drilling and Aker BP have agreed to renew a frame agreement for two jack-up rigs. The estimated value of this deal is around $1 bln.

about 4 years ago

Oil & Gas

Wood nets UK North Sea contract wins worth $160 million in Q4 2021

Wood has secured contracts worth around $160 million with several companies – including Shell and Dana Petroleum – for ops in the UK North Sea.

about 4 years ago

Oil & Gas

Solstad clinches another vessel deal for North Sea ops

Solstad Offshore has been awarded a long-term contract for another PSV by an undisclosed charterer to support operations in the North Sea.

about 4 years ago

Another mystery buyer gets its hands on Solstad’s vessel

Oil & Gas

Another mystery buyer gets its hands on Solstad vessel

Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.

about 4 years ago

Oil & Gas

Aker BP hires Subsea 7 for North Sea project

Offshore services provider Subsea 7 has won a contract with Norwegian Aker BP for the Hanz field development located in the North Sea.

about 4 years ago

Oil & Gas

Lundin asks Equinor to keep the operatorship of next Barents Sea production hub

Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has agreed to continue the operatorship.

about 4 years ago

Oil & Gas

Fresh extension for Shelf Drilling rig in Italy

Offshore drilling contractor Shelf Drilling has secured a contract extension for a jack-up rig for operations in the Adriatic Sea offshore Italy.

about 4 years ago

Oil & Gas

Two Norwegian players abandon plans to merge decom operations

Aker Solutions and AF Gruppen have terminated their plans to merge the two companies’ existing decommissioning operations.

about 4 years ago

Oil & Gas

Subsea 7 installs tech for improved access to reserves at Norwegian Sea project

Subsea 7 has completed the installation of electrical heat traced flowline (EHTF) for Aker BP’s Ærfugl phase 2 project in the Norwegian Sea.

about 4 years ago

Kongsberg Maritime completes major upgrade of safety and automation systems on Aker BP’s FPSO

Oil & Gas

Kongsberg Maritime upgrades safety and automation systems on Aker BP’s FPSO

Kongsberg Maritime has successfully updated 19 Safety and Automation Systems (SAS) controllers on Aker BP’s FPSO vessel.

about 4 years ago

Oil & Gas

Shell goes ahead with seismic survey off South Africa but faces new court hearing

Shell has kicked off its controversial seismic survey activities off South Africa despite growing opposition from environmentalists.

about 4 years ago

Oil & Gas

DNV expects oil & gas capex to shrink and offshore wind growth to trigger race for ocean space

An unprecedented race for ocean space is on the horizon driven by the exponential growth of offshore wind power. It is expected that by 2050 offshore wind will overtake the oil and gas sector and receive the largest investments in the Blue Economy while the oil and gas industry will shrink to only 2

about 4 years ago

Oil & Gas

PetroNor names interim replacement after authorities detain CEO on suspicion of criminal offence

PetroNor has appointed an interim CEO, after Økokrim detained its CEO, Knut Søvold, on suspicion of a criminal offence.

about 4 years ago