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Oil & Gas

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Vår Energi approved to conduct more North Sea drilling
Oil & Gas

Vår Energi approved to conduct more North Sea drilling

The Norwegian Offshore Directorate (NOD) has granted a drilling permit to Norwegian oil & gas player Vår Energi for another wildcat well in the North Sea. The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds a 50% operating stake, with partners Petoro and Aker BP

about 1 year ago
A large vessel at sea
Oil & Gas

SBM Offshore and MISC wrap up FPSO stake swap

The Netherlands’ SBM Offshore has completed the exchange of interests in two FPSO vessels with Malaysia’s MISC Berhad (MISC).

about 1 year ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Oil & Gas

With 1,500 wells due for decommissioning by 2030, NSTA calls for new P&A tech trials

Since around 1,500 wells will be due for decommissioning in the UKCS between 2026 and 2030, the UK regulator North Sea Transition Authority (NSTA) said that this represents an opportunity for operators to test and adopt new well plugging and abandonment (P&A) technologies to cut costs and improve ef

about 1 year ago
A helicopter mid-flight
Oil & Gas

Norwegian firm picked to operate offshore flights for Equinor

Norwegian state-owned energy giant Equinor has awarded compatriot Lufttransport RW the operation of five new helicopters which will be used to transport passengers to offshore assets on the Norwegian Continental Shelf (NCS).

about 1 year ago
Santos awards $40M helicopter services contract in Timor-Leste
Oil & Gas

Santos awards $40M helicopter services contract in Timor-Leste

Australian energy player Santos has awarded a joint venture formed in 2020 with a $40 million contract for the delivery of helicopter transportation services in Timor-Leste. Under the contract structured for an initial 12-month period with options for two six-month extensions, Weststar-GAP Aviation

about 1 year ago
A large vessel at dock
Oil & Gas

Venture Global and Baker Hughes expand collab on US LNG plants

U.S. liquefied natural gas (LNG) export project developer Venture Global has placed an order with energy company Baker Hughes for equipment for its LNG projects in the United States. The duo has also signed a multi-year services frame agreement.

about 1 year ago
A large vessel at sea
Oil & Gas

Petrobras credits Santos Basin fields for uptick in oil & gas reserves

Brazil’s state-owned oil and gas giant Petrobras has recorded an increase in its proven reserves of oil, condensate, and natural gas in 2024 compared to the previous year.

about 1 year ago
Halliburton
Oil & Gas

Halliburton scores its largest service contract with Petrobras

U.S.-headquartered oilfield services company Halliburton has secured what it says is its largest service contract with Brazil’s oil & gas giant Petrobras, for the delivery of offshore drilling services. Under the contract that is a result of a competitive process, Halliburton will provide integrated

about 1 year ago
A man sitting behind a desk looking at an illustration of a vessel on two computer screens
Oil & Gas

Digital twin tech helping BP optimize offshore operations across three continents

UK-headquartered energy giant BP has signed a new contract with digital twin software provider Aize enabling the latter to provide visualization services for various offshore assets operated by the UK firm.

about 1 year ago
A tugboat
Oil & Gas

Svitzer bags long-term towage job at Oman’s LNG terminal

Svitzer has signed a contract with Oman LNG, a joint venture company between the Government of the Sultanate of Oman and seven global energy players, to provide towage services at a liquefied natural gas (LNG) terminal near the town of Sur, Oman.

about 1 year ago
TotalEnergies contract takes Stena drillship to Suriname
Oil & Gas

TotalEnergies contract takes Stena drillship to Suriname

French energy firm TotalEnergies has awarded offshore drilling contractor Stena Drilling with a contract under which its drillship will be deployed in Suriname. Under the contract, the Stena DrillMAX will be used for managed pressure drilling of one exploration well for TotalEnergies EP Suriname B.V

about 1 year ago
All wells starts producing in Phase 10 of Egypt's West Delta Deep Marine concession (Gallery)
Oil & Gas

All wells producing in Phase 10 of Egypt’s West Delta Deep Marine concession (Photos)

Egyptian companies DeepTech, part of MCS Group, and Petroleum Marine Services (PMS) have brought the third and final well into production as part of Phase 10 of the West Delta Deep Marine (WDDM) gas field development project offshore Egypt. The partners, in charge of the engineering, procurement, in

about 1 year ago
Saipem drillship arrives in Egypt to work on Eni’s giant gas field
Oil & Gas

Saipem drillship arrives in Egypt to work on Eni’s giant gas field

Italy’s energy major Eni is getting ready to resume drilling activities at a field offshore Egypt after welcoming a drillship from the fleet of its compatriot engineering, drilling, and construction services giant Saipem. According to Egypt’s Ministry of Petroleum and Mineral Resources, the Saipem 1

about 1 year ago
Powered wired drill pipe to boost sustainability in Vår Energi’s offshore ops
Oil & Gas

Powered wired drill pipe to boost sustainability in Vår Energi’s offshore ops

Norway-headquartered well construction and well intervention solutions provider Reelwell has secured a contract with compatriot oil and gas player Vår Energi for the delivery of its powered wired drill pipe, with Odfjell Technology acting as its strategic partner. The contract will see the DualLink

about 1 year ago
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