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West Mira rig - Wintershall Dea
Business & Finance

Drilling stops on Wintershall Dea field after serious rig incident

An investigation has been launched following a serious incident on the West Mira rig, which happened while the rig was working for Wintershall Dea.

about 5 years ago
Baker Hughes
Business & Finance

Baker Hughes, Horisont team up for Barents Sea carbon capture project

Oilfield services major Baker Hughes and carbontech startup Horisont Energi have signed a memorandum of understanding (MoU) for the Polaris carbon storage project in the Barents Sea, off the northern coast of Norway.

about 5 years ago
COSLInnovator rig drilled the Jerv well for Chrysaor
Business & Finance

Disappointing results for Chrysaor in North Sea well

Chrysaor has concluded the drilling of the Jerv exploration well located in the North Sea off Norway but failed to find commercial hydrocarbons.

about 5 years ago
DSME, image credit: DSME
Business & Finance

DSME shuts down production amid COVID-19 outbreak

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has stopped production at its facilities in Okpo, Geoje amid an outbreak of Covid-19 infections among workers. Close to 70 workers have tested positive for coronavirus at the yard, according to Yonhap. DSME said in a regulatory

about 5 years ago
Saga Pure
Business & Finance

Saga Pure further invests in Bergen Carbon Solutions

Norwegian company Saga Pure ASA, formerly known as Saga Tankers, has entered into agreements to subscribe for NOK 15 million ($1.76 million) in a private placement in Bergen Carbon Solutions AS (BCS).

about 5 years ago
The Wheatstone platform is one of Chevron's assets in Australia - AUsGroup
Business & Finance

AusGroup in recruitment drive after winning 10-year deal with Chevron

To service a new, 10-year contract with Chevron in Australia, AusGroup expects to recruit between 300 – 500 new workers during the life of contract.

about 5 years ago
Saipem will for for the North Field project for Qatargas
Business & Finance

Saipem nets new deal with Qatargas worth over $1 billion

Saipem has received from Qatargas a letter of award worth over $1 billion related to the North Field Production Sustainability Pipelines Project.

about 5 years ago
NOF-Launches-Offshore-Wind-Database
Business & Finance

NOF launches offshore wind database

NOF has launched an offshore wind projects database for the UK supply chain to easier reach opportunities in the sector. The NOF Offshore Wind Projects Database provides access to critical project data, an insight into the industry’s key players, forecasts of market development and supply chain spen

about 5 years ago
Odfjell Drilling's Deepsea Atlantic; Source: Equinor
Business & Finance

Odfjell to drill one more well for Equinor

Norwegian oil major Equinor has awarded more work to a semi-submersible rig owned by offshore rig owner Odfjell Drilling.

about 5 years ago
Illustration/Orbital Marine’s O2 turbine under construction (Courtesy of Orbital Marine Power)
Business & Finance

Scotland readies £4 million green jobs call

Scottish Enterprise has announced the first in a series of upcoming grant funding calls designed to help support economic recovery and stimulate the creation of new green jobs in Scotland.

about 5 years ago
Noble Roger Lewis jack-up rig - Noble Corp.
Business & Finance

Offshore vessel owner buys 1 per cent of Noble Corp.

Cyprus-based offshore vessel operator S.D Standard Drilling has secured a 1 per cent ownership in offshore drilling contractor Noble Corporation.

about 5 years ago
Maersk Integrator will drill the North Sea well for OMV
Business & Finance

OMV cleared to use Maersk rig for North Sea well

Norway’s regulator Petroleum Safety Authority has granted OMV consent to drill an exploration well in the North Sea, using Maersk Drilling’s jack-up rig.

about 5 years ago
Ocean Onyx rig drilled the Artisan well for Beach Energy
Business & Finance

Beach Energy in another exploration success with fresh gas discovery

Australian Beach Energy has made a gas discovery at the Artisan 1 well located in licence VIC/P43 offshore Victorian Otway Basin in Australia.

about 5 years ago
Rick Hall; Source: SOFEC
Business & Finance

SOFEC CEO to retire after 29 years of service

President and chief executive officer (CEO) of offshore mooring systems provider SOFEC has decided to retire from the company after 29 years of service.

about 5 years ago
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