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Oil & Gas

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Illustration; Source: Ocean Yield
Oil & Gas

Ocean Yield and NYK Line pool resources on LNG vessel quartet with four more on the cards

Building on their previous ties, Norwegian shipowner Ocean Yield and Japan’s shipping giant Nippon Yusen Kabushiki Kaisha (NYK Line) have teamed up to split ownership in four liquefied natural gas (LNG) carriers that are yet to be constructed. However, available charter options could double the newb

about 10 months ago
Illustration; Source: Archer
Oil & Gas

Archer staying on North Sea platform drilling and maintenance duty for three more years

Norway’s oil and gas player Aker BP has prolonged an assignment Oslo Stock Exchange-listed oil services company Archer is carrying out in the Norwegian sector of the North Sea.

about 10 months ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Oil & Gas

Odfjell Drilling firms up 11-year-old rig’s multi-year gig in Norwegian waters

Odfjell Drilling, a 52-year-old offshore drilling player, has turned a letter of intent (LoI) into a new contract for its 2014-built semi-submersible rig, which will now be booked for work until the first quarter of 2029.

about 10 months ago
An offshore rig
Oil & Gas

North Sea yields fresh gas and condensate discovery

Harbour Energy Norge, a subsidiary of London-listed oil and gas company Harbour Energy, has made a new gas and condensate discovery in the Norwegian sector of the North Sea, which was drilled with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 10 months ago
Subsea7 to go offshore to recently sanctioned Norwegian oil redevelopment in 2027
Oil & Gas

Subsea7 to go offshore to recently sanctioned Norwegian oil redevelopment in 2027

Subsea7 has secured a subsea engineering, procurement, construction and installation (EPCI) contract with ConocoPhillips Skandinavia for the Previously Produced Fields (PPF) development project offshore Norway. The EPCI scope covers subsea structures, umbilicals, risers and flowlines (SURF) and will

about 10 months ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Oil & Gas

EU draws the line on Russian gas with gradual ban from 2026, oil set to follow suit in 2027

Given its determination to shake off the shackles of dependence on Russian oil and gas imports, the European Union (EU) has decided to lay down the law on these fossil fuels by holding the line on the proposed gradual ban on imports of pipeline gas and liquefied natural gas (LNG) from next year, wit

about 10 months ago
Noble Resolute; Source: Noble Corporation
Oil & Gas

Noble, Borr Drilling, and ADES jack-up rig trio hard at work in Dutch North Sea

Three jack-up rigs, owned by Noble Corporation, ADES (former Shelf Drilling), and Borr Drilling, are carrying out oil and gas drilling activities in the Dutch sector of the North Sea (DNS) for Canada’s Tenaz Energy, the Netherlands-based ONE-Dyas, and Italy’s Eni.

about 10 months ago
An offshore platform being approached by a small vessel
Oil & Gas

Ithaca books Prosafe vessel for North Sea gig in 2027

Prosafe, an Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator, has won a letter of award (LoI) with North Sea-focused Ithaca Energy for one of its flotels.

about 10 months ago
FPSO Jotun; Source: Vår Energi
Oil & Gas

Fifth chapter of North Sea oil project’s book now online

Vår Energi, a Norwegian oil and gas operator, has put into production mode another addition to an oil project in the North Sea off the coast of Norway.

about 10 months ago
DeepOcean and Vår Energi shake hands for five-year subsea IMR services
Oil & Gas

DeepOcean and Vår Energi shake hands for five-year subsea IMR services

Norwegian ocean services provider DeepOcean and Norway’s oil & gas player Vår Energi have extended their decade-long subsea collaboration by signing a new long-term inspection, maintenance and repair (IMR) frame agreement. DeepOcean’s scope includes subsea work across all Vår Energi’s operated asset

about 10 months ago
PPF; Source: ConocoPhillips
Oil & Gas

Green light for $1.8 billion oil redevelopment in Norwegian waters

ConocoPhillips, and its partners, Vår Energi, Orlen Upstream Norway, and Petoro, have sanctioned a project on the Norwegian Continental Shelf (NCS) that aims to extend the life of the Greater Ekofisk Area (GEA) through the redevelopment of previously produced fields (PPF) to enhance production capab

about 10 months ago
Illustration; Courtesy of Dräger
Oil & Gas

North Sea operator books Dräger’s gas detection and monitoring tools

Dräger UK, a safety technology player, has secured its fourth large-scale multi-gas monitor changeout with the same undisclosed client for North Sea gas detection and monitoring solutions.

about 10 months ago
Cygnus Alpha; Source: Neptune Energy, which became part of Eni's UK portfolio now managed by Ithaca
Oil & Gas

UK oil & gas consolidation continues: Serica makes move on Spirit Energy’s North Sea assets

UK-based upstream oil and gas player Serica Energy has taken another consolidation step on the UK Continental Shelf (UKCS) by striking a deal to acquire the oil and gas portfolio of Spirit Energy Limited and its affiliates for an upfront consideration of £57 million (around $74 million).

about 10 months ago
Noble Globetrotter I drillship; Source: Noble
Oil & Gas

WATCH: Noble rig reaches Bulgaria to kick off Black Sea drilling ops by year-end

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, are getting ready to begin drilling activities in the Black Sea off the coast of Bulgaria.

about 10 months ago
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