Wellesley Petroleum and Equinor have signed a sale and purchase agreement covering several development assets located in Norway.
Singapore’s offshore builder Sembcorp Marine has completed the fabrication of two wellhead topsides, one riser topside, and two bridges for deployment to TotalEnergies’ redeveloped Tyra field located in the Danish North Sea.
EnQuest has received approval from the UK authorities for its decommissioning programme for the Heather topsides in the UK North Sea.
Awilco Drilling has lost an appeal over a £6.8 million tax bill, arising from the termination of a drilling contract for one of its rigs.
Transocean has secured new contracts for five drillships and four semi-submersible rigs but also received a termination for one of the rigs.
Rival offshore drilling contractors are reportedly looking to buy the assets of bankrupt Seadrill Limited, controlled by John Fredriksen.
Norway’s oil production in July 2021 was 3.6 per cent below predictions made by the Norwegian Petroleum Directorate (NPD).
Harbour Energy has had to lower its output guidance for 2021 as the first gas from its Tolmount field in the North Sea has been postponed.
As the energy transition is accelerating across the offshore energy industry, a question arises: what will happen to its workforce?
Oil major Shell has confirmed it will appeal a ruling issued by a Dutch court ordering the energy company to accelerate its carbon emission reduction target.
Borr Drilling’s Prospector-1 jack-up drilling rig has arrived at Kistos’ Q10-A field in the Dutch North Sea and started the company’s 2021 drilling campaign.
Oil and gas company Aker BP has made a minor gas discovery south of the Korpfjell gas discovery in the Barents Sea, the Norwegian Petroleum Authority (NPD) said.
UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea. However, the company has experienced mechanical challenges during drilling operations, which resulted in an extended duration. As a result, the first gas from IOG’s Core project has b
OPEC and allies have agreed to increase oil production starting from August 2021 with plans to end production cuts by end of September 2022.
