
OMV has received consent from Norway’s offshore safety regulator for exploration drilling of a pilot hole in the Norwegian Sea.

Following Saipem’s financial woes, Moody’s downgraded the company’s rating to B1 and placed all the ratings under review for downgrade.

INTERCARGO has “cautiously welcomed” the recent proposal by EU Parliament’s Rapporteur, MEP Peter Liese, to update Amendment 9 of the EU emissions trading system (ETS) draft directive and support the ‘polluter pays’ principle.

A review of the oil and gas industry’s progress against the terms of the North Sea Transition Deal has shown strong progress, OGUK says.

Norway’s Ministry of Petroleum and Energy has approved a development plan from Equinor for the first phase of the Kristin Sør project.

Following a revision of its backlog, Saipem has withdrawn its outlook from October 2021, citing significant deterioration of some projects’ margins.

Three oil & gas companies have been granted drilling permits by Norwegian authorities for wells in the Norwegian Sea and the North Sea.

Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.

London-listed Kistos is buying interests in several gas fields located West of Shetland from French major TotalEnergies.

The recent collision in the North Sea highlights hidden safety threats arising from disregarding maritime procedures for the sake of profit.

Shell has received consent from Norway’s offshore regulator for exploration drilling in the Norwegian Sea with one of Transocean’s rigs.

Equinor has selected two engineering players to carry out conceptual studies for an FPSO vessel while the review of the project’s EIS deemed it an unreliable source of information for decision-making processes.

Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.

Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile accommodation facility at a North Sea field off Norway.