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Oil & Gas

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A helicopter mid-flight
Oil & Gas

Norwegian firm picked to operate offshore flights for Equinor

Norwegian state-owned energy giant Equinor has awarded compatriot Lufttransport RW the operation of five new helicopters which will be used to transport passengers to offshore assets on the Norwegian Continental Shelf (NCS).

about 1 year ago
A man sitting behind a desk looking at an illustration of a vessel on two computer screens
Oil & Gas

Digital twin tech helping BP optimize offshore operations across three continents

UK-headquartered energy giant BP has signed a new contract with digital twin software provider Aize enabling the latter to provide visualization services for various offshore assets operated by the UK firm.

about 1 year ago
Saipem drillship arrives in Egypt to work on Eni’s giant gas field
Oil & Gas

Saipem drillship arrives in Egypt to work on Eni’s giant gas field

Italy’s energy major Eni is getting ready to resume drilling activities at a field offshore Egypt after welcoming a drillship from the fleet of its compatriot engineering, drilling, and construction services giant Saipem. According to Egypt’s Ministry of Petroleum and Mineral Resources, the Saipem 1

about 1 year ago
Powered wired drill pipe to boost sustainability in Vår Energi’s offshore ops
Oil & Gas

Powered wired drill pipe to boost sustainability in Vår Energi’s offshore ops

Norway-headquartered well construction and well intervention solutions provider Reelwell has secured a contract with compatriot oil and gas player Vår Energi for the delivery of its powered wired drill pipe, with Odfjell Technology acting as its strategic partner. The contract will see the DualLink

about 1 year ago
Frontal view of a man
Oil & Gas

As Dolphin Drilling’s CEO steps down, interim one takes his place

Norway-headquartered offshore drilling contractor Dolphin Drilling has appointed an interim Chief Executive Officer (CEO) after the resignation of its previous leader.

about 1 year ago
An offshore rig
Oil & Gas

Odfjell Drilling rig secures more time with Equinor

Norwegian state-owned energy giant Equinor has extended the contract of one of the rigs from compatriot Odfjell Drilling’s fleet.

about 1 year ago
Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline
Oil & Gas

Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline

The Danish Energy Agency has granted permission to Nord Stream 2 AG to preserve the Nord Stream 2 pipeline in the Baltic Sea that suffered damage in September 2022 following an explosion. The Nord Stream 1 and Nord Stream 2 pipelines run from Vyborg, Russia, to Lubmin near Greifswald, Germany, and c

about 1 year ago
An offshore platform
Oil & Gas

TotalEnergies’ North Sea project ramp-up faces another delay

TotalEnergies EP Danmark, a subsidiary of France’s energy giant TotalEnergies, has pushed back the date for reaching plateau production at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Norwegian cleantech services firm gets to work on Romania’s first deepwater project
Oil & Gas

Norwegian cleantech services firm gets to work on giant Black Sea gas project

Norway-based cleantech service provider Soiltech has secured a contract with Southeastern Europe’s integrated energy player OMV Petrom to deliver cuttings containment, transfer equipment and related services for what is said to be the largest natural gas project in the Romanian Black Sea. The contra

about 1 year ago
Rendering of a vessel at sea
Oil & Gas

Seaonics lands ‘record-breaking’ contract for offshore newbuild quintet

Seaonics, a subsidiary of Norway’s ship designer and shipbuilder Vard, has inked a deal to supply electric lift and handling equipment for five walk-to-work offshore newbuilds under construction at Vard’s Vung Tau yard in Vietnam.

about 1 year ago
A vessel viewed from the dock
Oil & Gas

First two of 11 Sea1 vessels join Aurora’s fleet

Norway-based provider of vessel management services Aurora Offshore, part of the Borealis Group, has welcomed two anchor handling tug supply (AHTS) vessels from compatriot operator Sea1 Offshore, formerly known as Siem Offshore.

about 1 year ago
Illustration; Source: Bureau Veritas
Oil & Gas

Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the jo

23 minutes read
Valaris DS-9 drillship; Source: ExxonMobil
Oil & Gas

ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

about 1 year ago
Arkticheskaya jack-up floating drilling rig; Source: Gazprom
Oil & Gas

Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula

Russia’s energy giant Gazprom has expanded its natural gas resource base by performing geological exploration in 2024 to fortify the Russian Federation’s energy security. This enabled the company to augment its gas reserves so that they once again eclipse its production rates, with the biggest chunk

about 1 year ago
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