Three of Norway’s biggest oil and gas players – Equinor, Aker BP, and Vår Energi – are joining forces to search for the next batch of major hydrocarbon discoveries on the Norwegian Continental Shelf (NCS), targeting up to 25 high-impact exploration prospects over the next few years.
Australia’s energy giant Woodside is moving its liquefied natural gas (LNG) development project in Louisiana closer to the targeted first cargo in 2029 with a new construction milestone at the project site in the Pelican State, United States (U.S.).
Denmark-headquartered power cable manufacturer and installation player NKT is raising the bar for high-voltage direct current (HVDC) power cable technology with a newly qualified 525 kV extruded XLPE subsea cable system for operation at 90°C, boosting transmission capability and the firm’s HVDC port
Norwegian assurance and risk management company DNV is expanding its subsea technology offering by buying Equinor’s wellhead fatigue software, which the compatriot energy giant has developed and used for the past 15 years.
The North Sea may be a mature oil and gas basin, but it is still yielding more discoveries, as highlighted by two Norwegian energy companies, Equinor and Aker BP, which have struck gas/condensate on the Norwegian Continental Shelf (NCS), underscoring the potential to find and develop additional reso
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has confirmed the arrival of offshore equipment in Altamira, moving a multibillion-dollar ultra-deepwater oil development project closer to its installation campaign o
A consortium – consisting of AF Offshore Decom, part of AF Gruppen, and Heerema Marine Contractors (HMC) – has won a new assignment for offshore platform decommissioning activities on the UK Continental Shelf (UKCS), representing its third contract from the same North Sea operator in the past year.
Brazilian state-owned energy giant Petrobras is advancing its push into West Africa’s offshore oil and gas frontier, entering negotiations for exploration contracts covering four blocks in Ghana’s Keta Basin as the Brazilian major seeks to replenish reserves and expand its international exploration
Canada-headquartered oil and natural gas exploration player Sintana Energy has taken steps to position itself for the next phase of Namibia’s offshore oil story by acquiring a stake in Maravilla Oil and Gas, a privately held Namibian company focused on high-impact opportunities in West Africa, which
TechnipFMC has delivered its first 7-in. Subsea 2.0 tree to Chevron in Australia, the first christmas tree (XT) delivered under the companies’ 20-year master service order. The XT #1 system represents the first-article build of TechnipFMC’s 7-in. Subsea 2.0 platform and was delivered for Chevron Aus
Switzerland-based offshore drilling contractor Transocean has won a new long-term assignment for a 2010-built ultra-deepwater drillship with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC).
Norway’s oil and gas player DNO is exiting Côte d’Ivoire by divesting its business in the West African country to Panoro Energy, raking in an estimated 24% annualized return on its investment while handing its Norwegian peer a gas-weighted production base that will boost output by about 23% and deep
Norwegian ocean services provider DeepOcean has completed subsea tie-in work using diverless technology for an oil and gas development tied back to an existing floating production, storage and offloading (FPSO) vessel in the UK sector of the North Sea.
Poland’s Orlen has secured up to a quarter of its crude needs through a new deal with Norway’s state-owned energy giant Equinor, which expands the duo’s strategic energy ties while ensuring the Polish player’s long-term access to Norwegian oil and strengthening European energy cooperation and securi
