Mermaid Maritime’s wholly-owned subsidiary Mermaid Subsea Services Thailand (MSST) has taken delivery of the pipelay vessel Resiliant, previously known as Swiber Conquest. MSST signed a Letter of Intent (LoI) with Swiber Holdings for the purchase of the pipelay vessel at the beginning of November 20
Transocean will drill one carbon injection well and a sidetrack in support of the Northern Lights Carbon Capture Storage Project.
ExxonMobil has revealed its ambition to achieve net-zero greenhouse gas emissions for operated assets by 2050.
Norway, the global subsea tie-back leader, is set for an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, according to Rystad Energy’s latest report. During the five-year period, about 275 subsea tree
The Norwegian Ministry of Petroleum and Energy has offered 53 licences on the Norwegian continental shelf in APA 2021 to 28 companies.
Energean expects an eventful year ahead as it is working to achieve several important milestones for its project located offshore Israel.
CGG has secured a three-year contract extension to continue operating a dedicated 4D permanent reservoir monitoring (PRM) imaging center at Equinor’s Stavanger offices in Norway. Equinor’s asset teams analyze the 4D seismic images delivered by CGG within days of acquisition in order to optimize prod
Wintershall Dea has revealed plans to exit Brazil in a bid to optimise its portfolio and spearhead natural gas production transformation.
Chariot has completed gas drilling operations on the Anchois gas project offshore Morocco, unlocking Moroccan offshore gas fields.
The U.S.-headquartered Baird Capital has invested in Subsea Technology & Rentals (STR) to support the UK subsea rental equipment provider in developing its equipment and service offerings. The investment will also enable STR to further expand its geographical reach, with the Americas, mainland Europ
Japanese shipping major NYK and Norway’s Knutsen Group have established a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business worldwide.
British oil and gas major BP has contracted Norway’s Petroleum Geo-Services (PGS) to deliver a carbon capture and storage (CCS) 3D seismic acquisition scope over the Endurance reservoir offshore the UK. Seismic acquisition is scheduled to start during April at the site located about 145 kilometers o
Beacon Offshore has completed the drilling of the Winterfell-2 appraisal well located in the Green Canyon area of the U.S. Gulf of Mexico.
Norwegian regulator will invest $1.9 million annually in a drive to advance the follow-up of serious incidents in the oil & gas sector.
