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Oil & Gas

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Deepsea Nordkapp rig; Source: Odfjell Drilling
Oil & Gas

Two drilling strikes in a row for Aker BP as another North Sea well comes up empty

Aker BP has drilled another dry well in the North Sea off the coast of Norway. The drilling activities were conducted by one of Odfjell Drilling’s semi-submersible rigs.

about 1 year ago
Transocean Barents rig is on drilling duty with OMV Petrom in Romanian Black Sea; Source: OMV Petrom
Oil & Gas

WATCH: Transocean rig preps to spin the drill bit on €4B gas project

With preparations one of the semi-submersible rigs, owned by Transocean, is undergoing in Constanta drawing to a close, a start-up date for a long-term drilling campaign on a natural gas project in the Black Sea is fast approaching.

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about 1 year ago
Revised concept for North Sea gas project's offtake route; Source: Hartshead Resources
Oil & Gas

Tweaks to North Sea gas project’s concept encapsulate ‘far superior’ export route

Hartshead Resources has made changes to the gas offtake route for natural gas development in the UK sector of the North Sea and submitted the revised concept select report addendum (CSRA) to the North Sea Transition Authority (NSTA) on its own behalf as its joint venture (JV) partners did not back t

about 1 year ago
Hercules rig; Source: Odfjell Drilling
Oil & Gas

Legal spat over rig contract breach nearing its end with Seadrill ordered to pay SFL $48 million

A court order is bringing a legal battle over an alleged contract breach to a close by instructing Bermuda-headquartered offshore drilling contractor Seadrill to pay a multimillion-dollar compensation to the owner of a semi-submersible rig, which was hired under the contract that sparked the dispute

about 1 year ago
Eni entrusts Well-Safe Solutions rig with more work
Oil & Gas

Eni entrusts Well-Safe Solutions rig with more decommissioning work

Aberdeen-based decommissioning services provider Well-Safe Solutions has received a further contract extension from Italy’s energy giant Eni to decommission selected subsea and platform wells across a portfolio of projects in the Dutch North Sea. Eni recently exercised another 90-day option for the

about 1 year ago
Shell's FPSO Penguins; Source: Sevan
Oil & Gas

Shell’s new North Sea FPSO brings UK’s oil & gas field back online

Shell has put into operation mode its first new FPSO in the North Sea after more than two decades have gone by since its previous one.

about 1 year ago
Vår Energi's precommitment to subsea systems to cut tie-back development time by up to one year
Oil & Gas

Vår Energi’s precommitment to subsea systems to cut tie-back development time by up to one year

Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S

about 1 year ago
FPSO Petrojarl Knarr for Equinor's Rosebank oil field in UK waters; Source: Aker Solutions
Oil & Gas

Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat

Which side will come on top is not yet clear, but it is unlikely that either will throw in the towel at this late stage in the UK’s oil and gas saga without a fight.

14 minutes read
Offshore platform machinery
Oil & Gas

Rig quartet off Guyana to feature ‘world first’ safety tech combination

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has joined forces with Norway’s Intellilift to install a solution aimed at enhancing the safety of critical equipment and personnel on four drilling platforms offshore Guyana.

about 1 year ago
EemsEnergy Terminal
Oil & Gas

Dutch terminal’s open season checking the pulse of LNG import demand after 2027

EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.

about 1 year ago
Diversified offshore oil & gas services provider to arise with new merger
Oil & Gas

Diversified offshore oil & gas services provider to arise with new merger

Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will

about 1 year ago
Vår Energi approved to conduct more North Sea drilling
Oil & Gas

Vår Energi approved to conduct more North Sea drilling

The Norwegian Offshore Directorate (NOD) has granted a drilling permit to Norwegian oil & gas player Vår Energi for another wildcat well in the North Sea. The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds a 50% operating stake, with partners Petoro and Aker BP

about 1 year ago
A large vessel at sea
Oil & Gas

SBM Offshore and MISC wrap up FPSO stake swap

The Netherlands’ SBM Offshore has completed the exchange of interests in two FPSO vessels with Malaysia’s MISC Berhad (MISC).

about 1 year ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Oil & Gas

With 1,500 wells due for decommissioning by 2030, NSTA calls for new P&A tech trials

Since around 1,500 wells will be due for decommissioning in the UKCS between 2026 and 2030, the UK regulator North Sea Transition Authority (NSTA) said that this represents an opportunity for operators to test and adopt new well plugging and abandonment (P&A) technologies to cut costs and improve ef

about 1 year ago