Norwegian offshore support vessel provider Simon Møkster has been awarded a new contract for ERRV services by Aker BP in Norway.
Boskalis has reported a revenue increase at its Offshore Energy business in the third quarter of 2020, compared to the previous two quarters, but also a drop in its order book to € 1.3 billion (€ 1.47 billion at the end of June). The company noted a strong contribution from the seabed intervention u
Total has suffered delays with the Tyra Redevelopment Project due to the Covid-19 pandemic. As a result, the first production has been postponed to 2023.
Turkey has begun drilling a second borehole on the Sakarya natural gas field in the Black Sea where it made its largest-ever discovery earlier this year with the Tuna-1 (Danube-1) well.
Oil major Shell has reaffirmed its commitment to drill an exploration well on the Pensacola gas prospect in the UK North Sea.
Maersk Drilling has secured a contract from Petrogas in the Dutch North Sea for the harsh environment jack-up rig Maersk Resilient but it has also received a cancellation for a UK North Sea job.
Prosafe has managed to reduce its quarterly loss despite lower revenues due to lower fleet utilisation and average day rates.
Wintershall Dea will reduce annual emissions on supply vessel services to the Brage platform by up to 30% when the Viking Princess vessel goes on contract.
Oil major BP is reportedly close to selling its global headquarters in central London for around $324,4 million under an accelerated schedule for the overhaul of the company.
Russian oil major Gazprom has reported ‘record high’ results following a test of the upper levels of an exploration well at the Leningradskoye field.
Energy intelligence firm Rystad Energy believes that if Trump should win it may make oil prices great again while Biden effect is more mixed.
UK-based Independent Oil and Gas (IOG) is still on target to achieve first gas from Phase 1 of its Core Project in the UK Southern North Sea (SNS) in the third quarter of 2021.
Dana Petroleum has started production from a new well on the Bittern field located offshore the UK. The well is tied back to Dana’s Triton FPSO.
Independent Oil and Gas (IOG) has awarded a rig contract for its Core Project Phase 1 located in the UK North Sea to a Noble Corporation-owned jack-up rig.
