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Aker BP picks contractor for ‘largest new-build project in many years’
Business & Finance

Aker BP picks contractor for ‘largest new-build project in many years’

Aker BP has picked Rosenberg Worley to construct two models for the new central platform on a field in the North Sea.

about 4 years ago
PGS and Shell ink multi-year multiclient library access deal
Business & Finance

PGS and Shell ink multi-year multiclient library access deal

Norwegian seismic company PGS and oil and gas major Shell have entered into a multi-year agreement for access to a significant part of PGS’ multiclient data library. Under the agreement, Shell will gain rapid and easy access at scale to the PGS multiclient library which will play an important part i

about 4 years ago
Carbon capture, utilisation and storage capacity to increase ‘seven-fold’ by 2050 to reach net-zero, says WoodMac
Business & Finance

WoodMac: For net-zero by 2050, carbon capture, utilisation and storage needs ‘seven-fold’ boost

As global CCUS capacity is nearing 1 billion tonnes per annum, Wood Mackenzie believes that more is needed to meet net-zero goals by 2050.

about 4 years ago
Illustration of Bay du Nord FPSO
Business & Finance

Equinor to press on with procurement processes for Bay du Nord oil project

Equinor will continue its Bay du Nord procurement processes, including options such as the recent expression of interest for FPSO Topside Engineering and Procurement for FEED, with an option for execution.

about 4 years ago
EMEC schedules open days in Orkney
Business & Finance

EMEC schedules open days in Orkney

The European Marine Energy Centre (EMEC) is holding open days next week for the public to hear about the testing and demonstration activities happening in Orkney.

about 4 years ago
Norwegian gas holds potential to play ‘key place’ in Europe’s energy transition
Business & Finance

Norwegian gas holds potential to play ‘key place’ in Europe’s energy transition

Norway’s gas can enable Europe to achieve its energy transition goals, says the NPD, but investments in unlocking new resources are needed.

about 4 years ago
Keppel Tuas yard
Business & Finance

Investigation underway after fatal accident at Keppel yard

Investigations and thorough reviews are being conducted following a fatal accident at Keppel Shipyard in Tuas on Monday.

about 4 years ago
New offshore drilling solutions firm makes first acquisition
Business & Finance

New offshore drilling solutions provider makes first acquisition

HMH Holdings has completed the acquisition of Electrical Subsea & Drilling (ESD), a Norwegian company that holds a portfolio of patents and technology with applications in the oil and gas industry. HMH stated that ESD’s most promising technologies are those related to electronic blowout preventers a

about 4 years ago
An image of Havfram's planned wind turbine installation vessel
Business & Finance

DEME and Havfram enter offshore wind partnership in Norway

DEME Offshore and Havfram have signed a Memorandum of Understanding (MoU) to jointly offer construction services to the offshore wind farm sector in Norway, starting with projects to be selected through the upcoming lease auction for the Sørlige Nordsjø II area. The companies say they plan to play a

about 4 years ago
Latest rig addition brings ADNOC Drilling’s offshore jack-up fleet to 28 units
Business & Finance

Latest rig addition brings ADNOC Drilling’s offshore jack-up fleet to 28 units

ADNOC Drilling has inked a deal to acquire an additional premium offshore jack-up drilling rig as part of its fleet expansion programme.

about 4 years ago
Petronas taps Velesto for plug & abandonment work in Malaysia
Business & Finance

Petronas taps Velesto for plug & abandonment work in Malaysia

Velesto Energy has secured a deal for plug and abandonment (P&A) services with Petronas Carigali on two offshore platforms in Malaysia.

about 4 years ago
Substantial investment in UK oil & gas needed to ensure energy security
Business & Finance

Substantial investment in UK oil & gas needed to ensure energy security, says OEUK

Offshore Energies UK (OEUK) warns that more investment is required in oil and gas reserves to maintain production and ensure energy security.

about 4 years ago
Shearwater wins contract offshore India
Business & Finance

Shearwater scores multiple contracts offshore India

Shearwater GeoServices has secured multiple contracts with a repeat customer for 2D and 3D seismic surveys offshore India. The awarded contracts comprise three 2D projects representing 13 vessel months of backlog, and two 3D projects for a further eight vessel months. Shearwater GeoServices is set t

about 4 years ago
India’s Aban completes delayed sale of rig to ADES
Business & Finance

India’s Aban brings delayed rig sale to a close

India’s Aban Offshore has completed the sale of a jack-up drilling rig to ADES International, which was postponed on several occasions.

about 4 years ago
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