Norway’s oil production in January 2022 fell behind NPD’s predictions by 2.3 per cent, while the gas output also experienced a decrease.
Norwegian Nortek, USA-based Strategic Robotic Systems and Australia’s Blueprint Lab have merged to form a common holding company called General Oceans AS. General Oceans will provide management services from a base in London, facilitating collaboration between the companies while also being responsi
The Office of the Auditor General is taking legal action against parties involved in hydrocarbon exploration deals for acreage off Somalia.
Schlumberger has introduced a reservoir mapping-while-drilling service, which is said to leverage advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. GeoSphere 360 delivers real-time 3D reservoir insights which enhance reservoir understanding and enhance well
Pembrokeshire Coastal Forum, the legal entity behind Marine Energy Test Area (META) project, has hired UK-based consultancy Saline Marine to grow clients and activities in the test area offshore Wales.
Offshore drilling contractor Seadrill has revealed a timeline for its expected emergence from the Chapter 11 bankruptcy.
Equinor has shut down the Veslefrikk field, located in the North Sea, in preparation for the upcoming decommissioning activities.
The UK-headquartered Subsea 7 has appointed Marlink to deliver a smart hybrid network solution for its vessels. Marlink will provide a hybrid network solution combining its global Sealink VSAT solution with L-band back-up, global 4G cellular services and connection to the Tampnet network for operati
Neptune Energy has awarded a series of contracts to support ongoing operations at its Cygnus Alpha and Bravo platforms in the UK North Sea.
Aker Solutions and Dril-Quip have entered into a collaboration agreement to offer subsea injection systems for carbon capture, utilization and storage (CCUS) projects. Under the agreement, Dril-Quip will provide Aker Solutions with CO2 injection Xmas trees and wellheads that will be fully integrated
A fire on the Felicity Ace car carrier off Azores Islands is likely to generate at least $155 million in expected losses for Volkswagen, Porsche, Audi and Lamborghini vehicles on board the vessel, the analysis from risk modelling company Russell showed.
Malaysia’s Velesto Energy has secured a one-year contract with oil major ExxonMobil for operations in Malaysia.
Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.
ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.
