C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO), has expanded into a new facility in Port Fourchon, Louisiana, providing an additional dock facility for subsea inspection, maintenance and repair (IMR) and riserless light well intervention (RLWI) services. According to the company,
Energy technology company Baker Hughes has secured an order to deliver two LM9000-driven compressor trains for Petronas’ nearshore LNG facility in Sabah, Malaysia. The order was revealed on 19 April and will be booked in the first quarter of 2023. It will see Baker Hughes provide two LM9000-powered
OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has made an oil discovery near the Gudurun field in the Norwegian part of the North Sea. The Norwegian Petroleum Directorate (NPD) reported today, 20 April, that OMV Norge, operator of the production license 817, had completed the drillin
London-based independent E&P company Panoro Energy has received all necessary approvals allowing for the completion of its farm-in to the Kosmos Energy-operated Block S offshore Equatorial Guinea. Panoro has acquired a 6 per cent participating interest in Block S from each of Kosmos Energy and Tride
Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
Africa Finance Corporation (AFC) has acquired Norwegian oil and gas company Aker Energy and, through the transaction, has become an owner of a deepwater block offshore Ghana. Aker Capital and The Resource Group TRG have agreed to sell their shares in Aker Energy to AFC Equity Investment, a company o
Norway’s FPSO operator BW Offshore has completed the sale of an FPSO to a buyer, whose name was not revealed.
Kistos is entering into the Norwegian Continental Shelf, after reaching a conditional agreement to acquire Norway’s Mime Petroleum.
Even though Norway recorded an increase in oil production in all segments in March 2023, the gas production is below the NPD’s predictions.
Shell has completed the restart of operations at a field in the UK North Sea, after ensuring gas will be produced along with oil.
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 mill
Offshore drilling contractor Valaris has set a carbon emissions reduction target to reduce its Scope 1 emissions by 2030.
Brazilian oil and gas player Enauta has restarted production from a well located on a field offshore Brazil.
