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Oil & Gas

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BP logo
Oil & Gas

BP sells London HQ for nearly $332 million

Following reports that BP is preparing to sell its London HQ, the oil major has now entered into an agreement for the sale of the HQ for £250.1 million.

about 6 years ago
Tern platform - TAQA
Oil & Gas

TAQA gains approval for decommissioning plans for North Sea topsides

TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.

about 6 years ago
Equinor
Oil & Gas

Equinor secures life extension for North Sea gas project

Equinor has received consent from Norway’s offshore safety agency for the life extension of the Tune and Tune Sør developments located in the North Sea.

about 6 years ago
David Wells, CEO AqualisBraemar
Oil & Gas

AqualisBraemar to buy LOC in support of energy transition efforts

AqualisBraemar has entered into an agreement to acquire LOC Group, creating an even more complete service provider to the upstream oil and gas industry.

about 6 years ago
The Deepsea Atlantic drilling rig - Odfjell Drilling
Oil & Gas

Odfjell Drilling firms up two contract awards with Equinor

Offshore drilling contractor Odfjell Drilling has firmed up contract awards with Equinor for drilling operations on two projects in Norway.

about 6 years ago
Fulmar Alpha and AD Topsides - Repsol Sinopec
Oil & Gas

Repsol Sinopec preparing for decommissioning of UK North Sea field

Repsol Sinopec has received approval from the UK authorities for preparation work scopes relating to the decommissioning of the Fulmar and Auk North installations.

about 6 years ago
Kristin platform - Equinor
Oil & Gas

Equinor told to fix issues on two Norwegian projects

Norwegian offshore safety agency has found nonconformities following audits of the Equinor-operated Johan Castberg and Kristin projects in Norway.

about 6 years ago
Sevan Louisiana rig - Seadrill
Oil & Gas

Seadrill boosts backlog with new deals but plans for recycling spree

Seadrill has added approximately $52 million to its backlog following the end of 3Q and is looking to manage its rig count by recycling some of its rigs.

about 6 years ago
West Hercules rig - Equinor
Oil & Gas

Drilling permit to Equinor for North Sea wells

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for two wells in the North Sea off Norway.

about 6 years ago
Central Morecambe platform - Sparrows
Oil & Gas

Spirit hires Sparrows for crane services across Morecambe Hub assets

Sparrows Group has been awarded a five-year contract by Spirit Energy for crane maintenance and lifting services across its Morecambe Hub assets.

about 6 years ago
Offshore Norway - NPD
Oil & Gas

Norway turns the spotlight on Barents Sea in 25th licensing round

Norway’s Ministry of Petroleum and Energy launched the 25th licensing round, encompassing 136 blocks in the Norwegian Sea and the Barents Sea off Norway.

about 6 years ago
West Hercules rig - Equinor
Oil & Gas

Equinor set to drill North Sea well duo

Equinor is ready to drill two wells in the North Sea offshore Norway following the receipt of approvals and permits from the Norwegian authorities.

about 6 years ago
Oseberg field centre - Equinor
Oil & Gas

Equinor faces safety order after serious lifting incident in Norway

Equinor has been served with a notice of order from the country’s offshore safety agency following a serious lifting incident on the Oseberg B platform.

about 6 years ago
Mohammad Sanusi Barkindo; Source: OPEC
Oil & Gas

OPEC lowers 2020 oil demand forecast

The Organization of the Petroleum Exporting Countries (OPEC) has lowered its 2020 oil demand forecast to negative -9.8 million barrels a day.

about 6 years ago
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