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Norwegian player moves to expand its oil & gas portfolio with assets in West Africa
Business & Finance

Norwegian player moves to expand its oil & gas portfolio with assets in West Africa

Norway’s DNO has inked a deal with RAK Petroleum, which will enable it to acquire a stake in oil and gas assets in West Africa.

about 4 years ago
Sapura T-19
Business & Finance

Sapura Energy to get rid of three rigs

Sapura Energy has moved to dispose of three drilling rigs as part of its focus on long-term sustainability and improving liquidity position.

about 4 years ago
Oil & gas maintenance managers facing equipment and procedure challenges
Business & Finance

Oil & gas maintenance managers facing equipment and procedure challenges

In a recent study, the oil & gas maintenance managers have voiced concerns over growth in procedures and the lack of equipment reliability.

about 4 years ago
Tellurian closes acquisition of Haynesville Basin
Business & Finance

Tellurian closes acquisition of Haynesville Basin

U.S. LNG project developer Tellurian has closed the acquisition of certain assets in the Haynesville Basin from privately held EnSight IV Energy Partners and EnSight Haynesville Partners.

about 4 years ago
DOF trio stays with Petrobras
Business & Finance

DOF trio stays with Petrobras

DOF Group has secured contract extensions and won new long-term charter and service contracts with Petrobras for three of its vessels, including remotely operated vehicles (ROVs). Petrobras has extended the contracts and awarded new contracts for inspection, maintenance and repair (IMR) services to

about 4 years ago
Norway records slightly higher oil & gas output than last month
Business & Finance

Norway sees slightly higher oil & gas output in July

Norway saw a slight increase in oil & gas production in July compared to figures from June 2022, but oil output is still below predictions.

about 4 years ago
More time in Canada for Siem vessel
Business & Finance

More time in Canada for Siem vessel

An anchor handling tug supply (AHTS) vessel from Siem Offshore has been awarded a contract extension for operations offshore Canada.

about 4 years ago
energy
Business & Finance

In focus: A snapshot of the future of offshore energy

A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.

about 4 years ago
Maersk Valiant drillship
Business & Finance

Utilisation for 7th-gen drillships now close to full capacity, Maersk says

Maersk Drilling believes that the global floater market will continue to benefit from an ongoing recovery.

about 4 years ago
Germany
Business & Finance

Germany allocates €30 million per year for zero-emission vessels

Germany’s government has unveiled its decision to allocate millions of euros for the development of zero-emission vessels and support digitalisation in shipbuilding.

about 4 years ago
Prosafe
Business & Finance

Focus on energy transition to spur offshore accommodation demand

Offshore accommodation rig provider Prosafe believes that the focus on energy transition will contribute to further demand.

about 4 years ago
Minesto’s first Dragon Class tidal power plant ‘Dragon 4’ (Courtesy of Minesto)
Business & Finance

Minesto grows half-year loss

Swedish marine energy company Minesto has recorded a wider net loss for the first six months of 2022, as opposed to the same period a year earlier.

about 4 years ago
Jadestone withdraws wellhead abandonment plan for Australian field
Business & Finance

Jadestone withdraws wellhead abandonment plan for Australian field

Jadestone Energy has withdrawn an environment plan (EP) for wellhead abandonment operations at a field, located offshore Western Australia.

about 4 years ago
Nigeria to unlock untapped deepwater resources through billions of investments in oil & gas with oil majors
Business & Finance

Nigeria to unlock untapped deepwater resources with oil majors

To bring new investments into the oil & gas sector and boost production, Nigeria inked new PSCs for six offshore licences with oil majors.

about 4 years ago
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