Norwegian state-owned energy giant Equinor has officially opened the second phase of the Johan Sverdrup field located in the North Sea offshore Norway, following the start of production in December 2022. Norway’s Minister of Petroleum and Energy Terje Aasland made the official opening on 13 February
Saipem has entered into two new credit facilities totalling around €860 million with a pool of leading national and international banks.
Borr Drilling has secured more work for three premium jack-up rigs, thanks to a new deal and two contract extensions.
Houston-based oil and gas company Talos Energy has completed the acquisition of EnVen Energy Corporation, a private operator in the deepwater U.S. Gulf of Mexico, for $1.1 billion. The announcement comes five days after Talos Energy received stockholder approval for the acquisition. With the complet
A Noble-owned jack-up rig, sporting legs more than 200 metres in height, has become “the largest ever vessel” to visit Port of Aberdeen.
Norwegian shipping company Solstad Offshore has secured several new contracts and contract extensions for its platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels.
Malaysia Marine and Heavy Engineering (MMHE) has secured an engineering, procurement, construction and installation (EPCI) contract with Carigali-PTTEPI Operating Company (CPOC) for wellhead platforms, subsea pipelines and host tie-in works in the Gulf of Thailand. Under the contract valued at appro
Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. was on an upward trajectory last week.
Around 300 construction members of Stork Technical Services UK will be balloted on strike action over rotas and pay on more than 30 offshore installations in the UK Continental Shelf (UKCS), UK’s Unite the union reported. The offshore dispute is centered on working rotas and Stork rates of pay faili
More than 700 offshore members at Bilfinger UK Limited are set to be balloted on strike action in a dispute over pay, says Unite the union.
Japan’s offshore drilling contractor Japan Drilling Co. (JDC) has been awarded a new deal for one of its jack-up rigs for operations offshore Thailand.
A consortium of Subsea 7 and DeepOcean has secured two contracts with Equinor for the Irpa and Verdande field development projects located in the Norwegian Sea. The contract for the Irpa field development includes engineering, transportation and installation of a MEG pipeline, a production riser, um
UK’s Unite the union has confirmed that nearly 100 Odfjell offshore drillers have backed strike action in a dispute over rotas and pay.
As the world faces new challenges in 2023, offshore energy industries are making new plans to deliver on the net-zero target. In addition to marine energy, the fast-growing offshore wind sector is also finding its place among oil and gas players. Example number one: SSE Renewables and Equinor, the d
