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

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

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.

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

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.

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

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.

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.

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.

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

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.

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.

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.

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