Equinor has received the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.
A 2019-built semi-submersible rig, owned by Northern Ocean, has now been acquired by Odfjell Drilling, which plans to rename this mobile offshore drilling unit (MODU) in 2026.
The Netherlands-based exploration and production player ONE-Dyas, together with its partners EBN and Tenaz Energy, has tucked a new decarbonization milestone under its belt by breathing life into the first natural gas production platform in the Dutch and German sectors of the North Sea to run on off
Snam has taken a step to buy the stake its partner, Igneo Infrastructure Partners, holds in Italy’s floating regasification terminal operator, OLT Offshore LNG Toscana, which runs a floating storage and regasification unit (FSRU) moored off the coast of Livorno.
London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the
OMV Petrom, Romania-headquartered affiliate of Austria’s OMV, has provided insight into its drilling plans in the Romanian sector of the Black Sea, where several wells remain on the list to be drilled using a semi-submersible rig owned by Transocean.
UK-based upstream oil and gas player Serica Energy has completed the acquisition of Prax Upstream, a subsidiary of compatriot Prax Exploration & Production, expanding its hydrocarbon portfolio on the UK Continental Shelf (UKCS).
French energy giant TotalEnergies is set to merge its upstream business with NEO NEXT, creating what is said to be the largest independent oil & gas producer in the UK. The partners have signed an agreement under which TotalEnergies will merge its upstream business with NEO NEXT and become the leadi
As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping
Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.
The American Bureau of Shipping (ABS), a classification society, has bestowed an approval in principle (AiP) to Finland’s marine engineering player Deltamarin and China Merchants Heavy Industry (CMHI) for a new versatile floating production, storage, and offloading (FPSO) hull design.
China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), has delivered a new liquefied carbon dioxide (LCO2) carrier to Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies.
Great Britain’s regulator, the North Sea Transition Authority (NSTA), has signaled its readiness to tackle the decommissioning deficit on the UK Continental Shelf (UKCS) by revealing the names of operators that are lagging behind their peers in the decommissioning department.
Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have brought into their fold a liquefied natural gas (LNG) terminal in Kent County, United Kingdom.
