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Oil & Gas

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Wood looking for greenhouse gas emissions reduction by 2030; Source: Wood
Oil & Gas

Wood aims for 40 pct greenhouse gas emission reduction by 2030

Oilfield services company Wood has pledged to reduce its greenhouse gas emissions by 40 per cent by 2030.

about 6 years ago
Eni logo
Oil & Gas

Eni in major overhaul as it shifts toward renewable energy

Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. The company will create two business units with one focused on oil and gas called “Natural Resources” and the second new unit which will focus mainly on renewable energy named “En

about 6 years ago
Viking Lady
Oil & Gas

Eidesvik secures more vessel work with Aker BP

Eidesvik Offshore has been awarded a four-month extension to the current time charter party for the platform supply vessel MV Viking Lady with Aker BP.

about 6 years ago
Shell
Oil & Gas

Shell and Cluff ‘remain committed’ to two UK wells but one well delayed

Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, located off the UK, despite the coronavirus pandemic.

about 6 years ago
Rowan Norway rig, now the Valaris JU-292; Source: Xcite Energy
Oil & Gas

Irregularities found during emergency preparedness audit of Valaris rig

Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregularities regarding the emergency preparedness on the Valaris-owned Valaris JU-292 rig, formerly known as the Rowan Norway.

about 6 years ago
Gyda platform;
Oil & Gas

Archer picked as sole provider of downhole services on Gyda P&A campaign

Archer has been awarded the fishing, milling & wellbore cleaning services for Repsol Norge on the Gyda platform located offshore Norway.

about 6 years ago
Artist render of the newbuild; Source: Wagenborg
Oil & Gas

Companies team up to build world’s first shallow draft ice-breaking W2W vessel

Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel.

about 6 years ago
COSL Pioneer; Source: COSL Drilling Europe
Oil & Gas

COSL, Equinor ink new master framework agreement

COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil major.

about 6 years ago
Aker BP's Valhall field; Source: Aker BP
Oil & Gas

Aker BP looking to decrease carbon footprint with new tech deal

Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company Yxney Maritime for a software solution which would assist with offshore carbon emission cuts.

about 6 years ago
Gunvor trading volumes pushed by LNG
Oil & Gas

Gunvor trading volumes pushed by LNG

Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019.

about 6 years ago
West Bollsta; Source: ALP Maritime
Oil & Gas

More improvement needed before West Bollsta rig gets compliance award

Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found one improvement point regarding an application for the Acknowledgement of Compliance (AoC) for the West Bollsta drilling rig.

about 6 years ago
FPSO Ichthys Venturer moored
Oil & Gas

More oil and gas assets up for grabs due to Covid-19, Rystad says

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates.

about 6 years ago
Source: Cyberhawk
Oil & Gas

Drones flying off into brighter offshore future

With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.

about 6 years ago
Kjetil Ramstad; Source: Solstad Offshore
Oil & Gas

Solstad Offshore promotes finance director to CFO role

Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO).

about 6 years ago
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